NORTH TANDEM AS

5221 NESTTUN

Finances

Share Ownership

Return on Equity

39,58 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 615 000	4 882 000	189 000	74 000
Net Income	188 000	252 000	116 000	4 000
Total Assets	3 880 000	475 000	191 000	57 000
Total Equity	475 000	287 000	155 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 615 000	4 882 000	189 000	74 000
Expenditure	22 619 000	4 629 000	41 000	70 000
Operating Profit	−4 000	253 000	148 000	5 000
Financial Income	378 000	73 000	1 000	0
Financial Costs	132 000	1 000	1 000	0
Financial Balance	246 000	72 000	0	0
Earnings Before Tax	242 000	325 000	149 000	5 000
Tax	54 000	73 000	33 000	1 000
Net Income	188 000	252 000	116 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 880 000	475 000	191 000	57 000
Total Assets	3 880 000	475 000	191 000	57 000
Total Retained Equity	445 000	257 000	125 000	9 000
Total Equity	475 000	287 000	155 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 405 000	188 000	36 000	18 000
Total Equity and Debt	3 880 000	475 000	191 000	57 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 615 000	4 882 000	189 000	74 000
Other Income	0	0	0	0
Revenue	22 615 000	4 882 000	189 000	74 000
Cost of Goods Sold	21 617 000	4 435 000	0	0
Salary Costs	582 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 619 000	4 629 000	41 000	70 000
Operating Profit	−4 000	253 000	148 000	5 000
Financial Income	378 000	73 000	1 000	0
Financial Costs	132 000	1 000	1 000	0
Financial Balance	246 000	72 000	0	0
Dividends	0	120 000	0	0
Net Income	188 000	252 000	116 000	4 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 028 000	423 000	177 000	40 000
Total Current Assets	3 880 000	475 000	191 000	57 000
Total Assets	3 880 000	475 000	191 000	57 000
Total Equity	475 000	287 000	155 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	115 000	2 000	4 000
Unpaid Taxes	222 000	0	3 000	2 000
Dividends	0	120 000	0	0
Other Current Debt	3 128 000	0	1 000	11 000
Total Current Debt	3 405 000	188 000	36 000	18 000
Total Equity and Debt	3 880 000	475 000	191 000	57 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,58 %	87,8 %	74,84 %	10,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,02 %	5,18 %	78,31 %	6,76 %
Current Ratio	1,14	2,53	5,31	3,17
Quick Ratio	1,14	2,53	5,31	3,17
Equity Ratio	0,12	0,6	0,81	0,68
Gross Profit Margin	4,41 %	9,16 %	100 %	100 %