NORDIC CORPORATE BANK ASA

0258 OSLO

Finances

Return on Equity

9,24 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 468 000	122 771 000	64 570 000	10 233 000
Net Income	72 269 000	48 614 000	15 668 000	−28 612 000
Total Assets	4 183 234 000	3 151 381 000	2 366 512 000	977 182 000
Total Equity	782 288 000	640 014 000	458 176 000	290 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 468 000	122 771 000	64 570 000	10 233 000
Expenditure	69 637 000	56 472 000	42 476 000	50 659 000
Operating Profit	99 831 000	66 299 000	22 094 000	−40 426 000
Financial Income	0	0	0	0
Financial Costs	5 593 000	3 728 000	1 203 000	1 559 000
Financial Balance	−5 593 000	−3 728 000	−1 203 000	−1 559 000
Earnings Before Tax	94 238 000	62 571 000	20 891 000	−41 985 000
Tax	−21 969 000	−13 957 000	−5 223 000	−13 373 000
Net Income	72 269 000	48 614 000	15 668 000	−28 612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 016 000	130 356 000	29 503 000	115 506 000
Total Current Assets	4 153 218 000	3 021 025 000	2 337 009 000	861 676 000
Total Assets	4 183 234 000	3 151 381 000	2 366 512 000	977 182 000
Total Retained Equity	65 005 000	22 731 000	−19 601 000	−34 358 000
Total Equity	782 288 000	640 014 000	458 176 000	290 504 000
Total Long-Term Debt	23 374 000	10 320 000	0	0
Total Current Debt	3 352 713 000	2 483 833 000	1 902 868 000	686 679 000
Total Equity and Debt	4 183 235 000	3 151 382 000	2 366 511 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	169 468 000	122 771 000	64 570 000	10 233 000
Cost of Goods Sold	0	0	0	0
Salary Costs	50 876 000	40 069 000	29 831 000	28 653 000
Depreciation	4 816 000	4 614 000	3 980 000	2 209 000
Impairment	0	0	0	0
Expenditure	69 637 000	56 472 000	42 476 000	50 659 000
Operating Profit	99 831 000	66 299 000	22 094 000	−40 426 000
Financial Income	0	0	0	0
Financial Costs	5 593 000	3 728 000	1 203 000	1 559 000
Financial Balance	−5 593 000	−3 728 000	−1 203 000	−1 559 000
Dividends	0	0	0	0
Net Income	72 269 000	48 614 000	15 668 000	−28 612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	5 760 000
Total Intangible Assets	13 152 000	15 762 000	17 143 000	29 885 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	739 000
Total Tangible Assets	5 665 000	7 240 000	2 710 000	3 965 000
Total Fiancial Fixed Assets	11 199 000	107 354 000	9 650 000	81 656 000
Total Fixed Assets	30 016 000	130 356 000	29 503 000	115 506 000
Stock	0	0	0	0
Total Investments	537 094 000	452 505 000	346 338 000	89 434 000
Cash, Bank	0	0	0	0
Total Current Assets	4 153 218 000	3 021 025 000	2 337 009 000	861 676 000
Total Assets	4 183 234 000	3 151 381 000	2 366 512 000	977 182 000
Total Equity	782 288 000	640 014 000	458 176 000	290 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 374 000	10 320 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 377 573 000	2 441 032 000	1 582 998 000	686 679 000
Total Current Debt	3 352 713 000	2 483 833 000	1 902 868 000	686 679 000
Total Equity and Debt	4 183 235 000	3 151 382 000	2 366 511 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	9,24 %	7,6 %	3,42 %	−9,85 %
Debt-to-Equity Ratio	0,03	0,02	0	0
Operating Profit Margin	58,91 %	54 %	34,22 %	−395,06 %
Current Ratio	1,24	1,22	1,23	1,25
Quick Ratio	1,24	1,22	1,23	1,25
Equity Ratio	0,19	0,2	0,19	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %