NORTREC AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

−358,82 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	157 000	24 000	0	0
Net Income	61 000	−41 000	−4 000	−60 000
Total Assets	130 000	4 000	0	0
Total Equity	−17 000	−78 000	−37 000	−34 000

Income (NOK)	2021	2020	2019	2018
Revenue	157 000	24 000	0	0
Expenditure	96 000	65 000	4 000	60 000
Operating Profit	61 000	−41 000	−4 000	−60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	61 000	−41 000	−4 000	−60 000
Tax	0	0	0	0
Net Income	61 000	−41 000	−4 000	−60 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	130 000	4 000	0	0
Total Assets	130 000	4 000	0	0
Total Retained Equity	−47 000	−108 000	−67 000	−64 000
Total Equity	−17 000	−78 000	−37 000	−34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	148 000	82 000	37 000	34 000
Total Equity and Debt	130 000	4 000	0	0

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	157 000	24 000	0	0
Other Income	0	0	0	0
Revenue	157 000	24 000	0	0
Cost of Goods Sold	17 000	2 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	65 000	4 000	60 000
Operating Profit	61 000	−41 000	−4 000	−60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	61 000	−41 000	−4 000	−60 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	4 000	0	0
Total Current Assets	130 000	4 000	0	0
Total Assets	130 000	4 000	0	0
Total Equity	−17 000	−78 000	−37 000	−34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	37 000	0	0
Unpaid Taxes	9 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	136 000	45 000	37 000	34 000
Total Current Debt	148 000	82 000	37 000	34 000
Total Equity and Debt	130 000	4 000	0	0

Financial indicators	2021	2020	2019	2018
Return on Equity	−358,82 %	52,56 %	10,81 %	176,47 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	38,85 %	−170,83 %	-	-
Current Ratio	0,88	0,05	0	0
Quick Ratio	0,88	0,05	0	0
Equity Ratio	−0,13	−19,5	-	-
Gross Profit Margin	89,17 %	91,67 %	-	-