KEY BALTIC SOLUTION AS

2009 NORDBY

Finances

Share Ownership

Return on Equity

250,6 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	754 000	30 000	20 000	69 000
Net Income	208 000	−35 000	−45 000	−15 000
Total Assets	393 000	12 000	36 000	30 000
Total Equity	83 000	−125 000	−91 000	−46 000

Income (NOK)	2022	2021	2020	2019
Revenue	754 000	30 000	20 000	69 000
Expenditure	502 000	69 000	39 000	89 000
Operating Profit	254 000	−38 000	−20 000	−19 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	−1 000	3 000	−3 000	0
Earnings Before Tax	253 000	−35 000	−24 000	−20 000
Tax	45 000	0	21 000	−4 000
Net Income	208 000	−35 000	−45 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	11 000	19 000	21 000
Total Current Assets	390 000	1 000	17 000	8 000
Total Assets	393 000	12 000	36 000	30 000
Total Retained Equity	53 000	−155 000	−121 000	−76 000
Total Equity	83 000	−125 000	−91 000	−46 000
Total Long-Term Debt	0	0	0	17 000
Total Current Debt	310 000	137 000	126 000	59 000
Total Equity and Debt	393 000	12 000	36 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	754 000	30 000	20 000	69 000
Other Income	0	0	0	0
Revenue	754 000	30 000	20 000	69 000
Cost of Goods Sold	53 000	2 000	17 000	26 000
Salary Costs	422 000	0	0	0
Depreciation	9 000	9 000	6 000	0
Impairment	0	0	0	0
Expenditure	502 000	69 000	39 000	89 000
Operating Profit	254 000	−38 000	−20 000	−19 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	−1 000	3 000	−3 000	0
Dividends	0	0	0	0
Net Income	208 000	−35 000	−45 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	11 000	19 000	0
Total Tangible Assets	2 000	11 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	11 000	19 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	295 000	1 000	17 000	8 000
Total Current Assets	390 000	1 000	17 000	8 000
Total Assets	393 000	12 000	36 000	30 000
Total Equity	83 000	−125 000	−91 000	−46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	17 000
Creditors	6 000	16 000	28 000	28 000
Unpaid Taxes	91 000	1 000	0	−19 000
Dividends	0	0	0	0
Other Current Debt	168 000	120 000	99 000	50 000
Total Current Debt	310 000	137 000	126 000	59 000
Total Equity and Debt	393 000	12 000	36 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	250,6 %	28 %	49,45 %	32,61 %
Debt-to-Equity Ratio	0	−0	−0	−0,37
Operating Profit Margin	33,69 %	−126,67 %	−100 %	−27,54 %
Current Ratio	1,26	0,01	0,13	0,14
Quick Ratio	1,26	0,01	0,13	0,14
Equity Ratio	0,21	−10,42	−2,53	−1,53
Gross Profit Margin	92,97 %	93,33 %	15 %	62,32 %