NORDIC STAR DEVELOPMENT AS

2422 NYBERGSUND

Finances

Share Ownership

Return on Equity

59,5 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	−47 000	2 925 000	0	3 246 000
Net Income	−307 000	317 000	−991 000	491 000
Total Assets	371 000	659 000	2 345 000	2 754 000
Total Equity	−516 000	−209 000	−525 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	−47 000	2 925 000	0	3 246 000
Expenditure	262 000	2 591 000	832 000	2 505 000
Operating Profit	−308 000	335 000	−832 000	741 000
Financial Income	1 000	3 000	2 000	5 000
Financial Costs	0	21 000	160 000	97 000
Financial Balance	1 000	−18 000	−158 000	−92 000
Earnings Before Tax	−307 000	317 000	−991 000	650 000
Tax	0	0	0	159 000
Net Income	−307 000	317 000	−991 000	491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	362 000	10 000	0
Total Current Assets	6 000	298 000	2 335 000	2 754 000
Total Assets	371 000	659 000	2 345 000	2 754 000
Total Retained Equity	−546 000	−239 000	−555 000	435 000
Total Equity	−516 000	−209 000	−525 000	465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	887 000	868 000	2 870 000	2 289 000
Total Equity and Debt	371 000	659 000	2 345 000	2 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−47 000	2 925 000	0	3 246 000
Other Income	0	0	0	0
Revenue	−47 000	2 925 000	0	3 246 000
Cost of Goods Sold	189 000	2 498 000	816 000	2 318 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	262 000	2 591 000	832 000	2 505 000
Operating Profit	−308 000	335 000	−832 000	741 000
Financial Income	1 000	3 000	2 000	5 000
Financial Costs	0	21 000	160 000	97 000
Financial Balance	1 000	−18 000	−158 000	−92 000
Dividends	0	0	0	0
Net Income	−307 000	317 000	−991 000	491 000

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	365 000	362 000	10 000	0
Total Fixed Assets	365 000	362 000	10 000	0
Stock	0	0	0	2 606 000
Total Investments	0	0	0	0
Cash, Bank	0	128 000	0	148 000
Total Current Assets	6 000	298 000	2 335 000	2 754 000
Total Assets	371 000	659 000	2 345 000	2 754 000
Total Equity	−516 000	−209 000	−525 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	−5 000	−6 000	−4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	886 000	858 000	694 000	136 000
Total Current Debt	887 000	868 000	2 870 000	2 289 000
Total Equity and Debt	371 000	659 000	2 345 000	2 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,5 %	−151,67 %	188,76 %	105,59 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	655,32 %	11,45 %	-	22,83 %
Current Ratio	0,01	0,34	0,81	1,2
Quick Ratio	0,01	0,34	0,81	−8,69
Equity Ratio	−1,39	−0,32	−0,22	0,17
Gross Profit Margin	502,13 %	14,6 %	-	28,59 %