NORSELINK AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

2,06 %

Current Ratio

1,21

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 143 000	2 000 000	1 479 000	1 115 000
Net Income	−95 000	−1 162 000	−1 592 000	−1 572 000
Total Assets	1 091 000	388 000	434 000	236 000
Total Equity	−4 604 000	−4 509 000	−3 347 000	−1 755 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 143 000	2 000 000	1 479 000	1 115 000
Expenditure	6 831 000	2 869 000	2 817 000	2 615 000
Operating Profit	311 000	−868 000	−1 337 000	−1 500 000
Financial Income	162 000	16 000	1 000	4 000
Financial Costs	568 000	310 000	256 000	76 000
Financial Balance	−406 000	−294 000	−255 000	−72 000
Earnings Before Tax	−95 000	−1 162 000	−1 592 000	−1 572 000
Tax	0	0	0	0
Net Income	−95 000	−1 162 000	−1 592 000	−1 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	58 000	41 000	61 000
Total Current Assets	1 064 000	330 000	393 000	174 000
Total Assets	1 091 000	388 000	434 000	236 000
Total Retained Equity	−4 634 000	−4 539 000	−3 377 000	−1 785 000
Total Equity	−4 604 000	−4 509 000	−3 347 000	−1 755 000
Total Long-Term Debt	4 818 000	4 531 000	3 401 000	1 640 000
Total Current Debt	877 000	366 000	381 000	351 000
Total Equity and Debt	1 091 000	388 000	434 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 143 000	2 000 000	1 479 000	1 115 000
Other Income	0	0	0	0
Revenue	7 143 000	2 000 000	1 479 000	1 115 000
Cost of Goods Sold	4 760 000	732 000	208 000	0
Salary Costs	1 503 000	1 881 000	2 097 000	1 201 000
Depreciation	30 000	21 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	6 831 000	2 869 000	2 817 000	2 615 000
Operating Profit	311 000	−868 000	−1 337 000	−1 500 000
Financial Income	162 000	16 000	1 000	4 000
Financial Costs	568 000	310 000	256 000	76 000
Financial Balance	−406 000	−294 000	−255 000	−72 000
Dividends	0	0	0	0
Net Income	−95 000	−1 162 000	−1 592 000	−1 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	36 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	22 000	41 000	61 000
Total Tangible Assets	4 000	22 000	41 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	58 000	41 000	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	957 000	286 000	353 000	111 000
Total Current Assets	1 064 000	330 000	393 000	174 000
Total Assets	1 091 000	388 000	434 000	236 000
Total Equity	−4 604 000	−4 509 000	−3 347 000	−1 755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 818 000	4 531 000	3 401 000	1 640 000
Creditors	596 000	41 000	38 000	122 000
Unpaid Taxes	87 000	73 000	114 000	98 000
Dividends	0	0	0	0
Other Current Debt	194 000	252 000	230 000	131 000
Total Current Debt	877 000	366 000	381 000	351 000
Total Equity and Debt	1 091 000	388 000	434 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,06 %	25,77 %	47,56 %	89,57 %
Debt-to-Equity Ratio	−1,05	−1	−1,02	−0,93
Operating Profit Margin	4,35 %	−43,4 %	−90,4 %	−134,53 %
Current Ratio	1,21	0,9	1,03	0,5
Quick Ratio	1,21	0,9	1,03	0,5
Equity Ratio	−4,22	−11,62	−7,71	−7,44
Gross Profit Margin	33,36 %	63,4 %	85,94 %	100 %