NORDIC LIFE HOLDING AS

0275 OSLO

Finances

Share Ownership

Return on Equity

−3,99 %

Current Ratio

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	5 000	0	0
Net Income	−784 000	−43 000	−8 027 000	−2 142 000
Total Assets	23 245 000	23 245 000	22 489 000	11 198 000
Total Equity	19 636 000	−4 952 000	−5 017 000	467 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	5 000	0	0
Expenditure	82 000	48 000	7 042 000	2 143 000
Operating Profit	−82 000	−43 000	−7 042 000	−2 142 000
Financial Income	0	0	0	0
Financial Costs	702 000	0	985 000	0
Financial Balance	−702 000	0	−985 000	0
Earnings Before Tax	−784 000	−43 000	−8 027 000	−2 142 000
Tax	0	0	0	0
Net Income	−784 000	−43 000	−8 027 000	−2 142 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	23 245 000	23 245 000	22 487 000	11 172 000
Total Current Assets	0	0	2 000	26 000
Total Assets	23 245 000	23 245 000	22 489 000	11 198 000
Total Retained Equity	−5 836 000	−5 052 000	−5 117 000	367 000
Total Equity	19 636 000	−4 952 000	−5 017 000	467 000
Total Long-Term Debt	3 540 000	28 142 000	27 487 000	10 717 000
Total Current Debt	69 000	55 000	20 000	15 000
Total Equity and Debt	23 245 000	23 245 000	22 489 000	11 198 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	5 000	0	0
Revenue	0	5 000	0	0
Cost of Goods Sold	0	0	0	48 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	82 000	48 000	7 042 000	2 143 000
Operating Profit	−82 000	−43 000	−7 042 000	−2 142 000
Financial Income	0	0	0	0
Financial Costs	702 000	0	985 000	0
Financial Balance	−702 000	0	−985 000	0
Dividends	0	0	0	0
Net Income	−784 000	−43 000	−8 027 000	−2 142 000

Balance details (NOK)	2021	2020	2019	2018
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	23 245 000	23 245 000	22 487 000	11 172 000
Total Fixed Assets	23 245 000	23 245 000	22 487 000	11 172 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	2 000	26 000
Total Current Assets	0	0	2 000	26 000
Total Assets	23 245 000	23 245 000	22 489 000	11 198 000
Total Equity	19 636 000	−4 952 000	−5 017 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 540 000	28 142 000	27 487 000	10 717 000
Creditors	54 000	40 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	15 000	15 000
Total Current Debt	69 000	55 000	20 000	15 000
Total Equity and Debt	23 245 000	23 245 000	22 489 000	11 198 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−3,99 %	0,87 %	160 %	−458,67 %
Debt-to-Equity Ratio	0,18	−5,68	−5,48	22,95
Operating Profit Margin	-	−860 %	-	-
Current Ratio	0	0	0,1	1,73
Quick Ratio	0	0	0,1	1,73
Equity Ratio	0,84	−0,21	−0,22	0,04
Gross Profit Margin	-	100 %	-	-