NORWEGIAN TREND AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−52,6 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 501 000	2 788 000	2 727 000	1 831 000
Net Income	−162 000	93 000	214 000	272 000
Total Assets	606 000	922 000	969 000	602 000
Total Equity	308 000	470 000	377 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 501 000	2 788 000	2 727 000	1 831 000
Expenditure	2 653 000	2 653 000	2 417 000	1 500 000
Operating Profit	−152 000	134 000	309 000	332 000
Financial Income	7 000	6 000	8 000	2 000
Financial Costs	17 000	19 000	38 000	24 000
Financial Balance	−10 000	−13 000	−30 000	−22 000
Earnings Before Tax	−162 000	121 000	280 000	310 000
Tax	0	28 000	66 000	38 000
Net Income	−162 000	93 000	214 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	606 000	922 000	969 000	602 000
Total Assets	606 000	922 000	969 000	602 000
Total Retained Equity	287 000	450 000	357 000	143 000
Total Equity	308 000	470 000	377 000	163 000
Total Long-Term Debt	60 000	180 000	300 000	205 000
Total Current Debt	239 000	272 000	292 000	234 000
Total Equity and Debt	606 000	922 000	969 000	602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 501 000	2 781 000	2 716 000	1 830 000
Other Income	0	7 000	11 000	1 000
Revenue	2 501 000	2 788 000	2 727 000	1 831 000
Cost of Goods Sold	1 440 000	1 579 000	1 538 000	1 005 000
Salary Costs	543 000	580 000	370 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 653 000	2 653 000	2 417 000	1 500 000
Operating Profit	−152 000	134 000	309 000	332 000
Financial Income	7 000	6 000	8 000	2 000
Financial Costs	17 000	19 000	38 000	24 000
Financial Balance	−10 000	−13 000	−30 000	−22 000
Dividends	0	0	0	0
Net Income	−162 000	93 000	214 000	272 000

Balance details (NOK)	2022	2021	2020	2019
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	386 000	595 000	582 000	473 000
Total Investments	0	0	0	0
Cash, Bank	167 000	238 000	364 000	82 000
Total Current Assets	606 000	922 000	969 000	602 000
Total Assets	606 000	922 000	969 000	602 000
Total Equity	308 000	470 000	377 000	163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	180 000	300 000	205 000
Creditors	65 000	79 000	94 000	64 000
Unpaid Taxes	97 000	121 000	104 000	75 000
Dividends	0	0	0	0
Other Current Debt	76 000	43 000	28 000	57 000
Total Current Debt	239 000	272 000	292 000	234 000
Total Equity and Debt	606 000	922 000	969 000	602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,6 %	19,79 %	56,76 %	166,87 %
Debt-to-Equity Ratio	0,19	0,38	0,8	1,26
Operating Profit Margin	−6,08 %	4,81 %	11,33 %	18,13 %
Current Ratio	2,54	3,39	3,32	2,57
Quick Ratio	−4,12	−2,85	−3,34	−2,52
Equity Ratio	0,51	0,51	0,39	0,27
Gross Profit Margin	42,42 %	43,36 %	43,6 %	45,11 %