NORSUND GRUPPEN AS

0160 OSLO

Finances

Return on Equity

−137,39 %

Current Ratio

1,74

Debt-to-Equity Ratio

8,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	145 938 000	163 795 000	287 000	0
Net Income	−13 736 000	−51 990 000	−364 000	−45 000
Total Assets	144 736 000	174 431 000	17 331 000	2 587 000
Total Equity	9 998 000	−23 323 000	13 224 000	2 425 000

Income (NOK)	2021	2020	2019	2018
Revenue	145 938 000	163 795 000	287 000	0
Expenditure	154 519 000	213 563 000	641 000	45 000
Operating Profit	−8 582 000	−49 769 000	−354 000	−45 000
Financial Income	−820 000	627 000	0	0
Financial Costs	4 290 000	3 440 000	10 000	0
Financial Balance	−5 110 000	−2 813 000	−10 000	0
Earnings Before Tax	−13 692 000	−52 581 000	−364 000	−45 000
Tax	44 000	−591 000	0	0
Net Income	−13 736 000	−51 990 000	−364 000	−45 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	49 849 000	67 806 000	14 548 000	200 000
Total Current Assets	94 887 000	106 625 000	2 784 000	2 387 000
Total Assets	144 736 000	174 431 000	17 331 000	2 587 000
Total Retained Equity	−48 945 000	−36 956 000	−409 000	−45 000
Total Equity	9 998 000	−23 323 000	13 224 000	2 425 000
Total Long-Term Debt	80 062 000	85 984 000	1 465 000	0
Total Current Debt	54 677 000	111 770 000	2 642 000	163 000
Total Equity and Debt	144 736 000	174 431 000	17 331 000	2 587 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	142 093 000	148 620 000	220 000	0
Other Income	3 845 000	15 176 000	67 000	0
Revenue	145 938 000	163 795 000	287 000	0
Cost of Goods Sold	95 097 000	117 703 000	0	0
Salary Costs	27 028 000	28 570 000	0	0
Depreciation	6 835 000	5 609 000	0	0
Impairment	2 238 000	34 248 000	0	0
Expenditure	154 519 000	213 563 000	641 000	45 000
Operating Profit	−8 582 000	−49 769 000	−354 000	−45 000
Financial Income	−820 000	627 000	0	0
Financial Costs	4 290 000	3 440 000	10 000	0
Financial Balance	−5 110 000	−2 813 000	−10 000	0
Dividends	0	0	0	0
Net Income	−13 736 000	−51 990 000	−364 000	−45 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	7 950 000	12 691 000	0	0
Total Intangible Assets	8 456 000	13 210 000	0	0
Real Eastate	18 227 000	19 094 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 708 000	9 798 000	0	0
Total Tangible Assets	27 936 000	28 892 000	0	0
Total Fiancial Fixed Assets	13 457 000	25 704 000	14 548 000	200 000
Total Fixed Assets	49 849 000	67 806 000	14 548 000	200 000
Stock	65 735 000	47 364 000	0	0
Total Investments	0	0	0	0
Cash, Bank	14 707 000	29 715 000	2 438 000	12 000
Total Current Assets	94 887 000	106 625 000	2 784 000	2 387 000
Total Assets	144 736 000	174 431 000	17 331 000	2 587 000
Total Equity	9 998 000	−23 323 000	13 224 000	2 425 000
Short-Term Group Debt	0	59 793 000	0	130 000
Total Long-Term Debt	80 062 000	85 984 000	1 465 000	0
Creditors	24 876 000	23 849 000	159 000	3 000
Unpaid Taxes	3 053 000	4 128 000	519 000	0
Dividends	0	0	0	0
Other Current Debt	11 227 000	0	1 964 000	30 000
Total Current Debt	54 677 000	111 770 000	2 642 000	163 000
Total Equity and Debt	144 736 000	174 431 000	17 331 000	2 587 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−137,39 %	222,91 %	−2,75 %	−1,86 %
Debt-to-Equity Ratio	8,01	−3,69	0,11	0
Operating Profit Margin	−5,88 %	−30,38 %	−123,34 %	-
Current Ratio	1,74	0,95	1,05	14,64
Quick Ratio	−8,58	1,66	1,05	14,64
Equity Ratio	0,07	−0,13	0,76	0,94
Gross Profit Margin	34,84 %	28,14 %	100 %	-