NORDFORNYING AS

3142 VESTSKOGEN

Finances

Share Ownership

Return on Equity

−14,63 %

Current Ratio

0,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	261 000	371 000	444 000	548 000
Net Income	−6 000	−50 000	−52 000	90 000
Total Assets	276 000	262 000	289 000	337 000
Total Equity	41 000	46 000	97 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	261 000	371 000	444 000	548 000
Expenditure	266 000	421 000	503 000	433 000
Operating Profit	−5 000	−50 000	−58 000	116 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−6 000	−50 000	−58 000	116 000
Tax	0	0	−6 000	25 000
Net Income	−6 000	−50 000	−52 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	219 000	221 000	311 000
Total Current Assets	139 000	43 000	68 000	26 000
Total Assets	276 000	262 000	289 000	337 000
Total Retained Equity	11 000	16 000	67 000	119 000
Total Equity	41 000	46 000	97 000	149 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	235 000	215 000	192 000	182 000
Total Equity and Debt	276 000	262 000	289 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	261 000	371 000	444 000	548 000
Other Income	0	0	0	0
Revenue	261 000	371 000	444 000	548 000
Cost of Goods Sold	16 000	32 000	3 000	0
Salary Costs	46 000	131 000	173 000	165 000
Depreciation	83 000	98 000	90 000	62 000
Impairment	0	0	0	0
Expenditure	266 000	421 000	503 000	433 000
Operating Profit	−5 000	−50 000	−58 000	116 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−6 000	−50 000	−52 000	90 000

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	132 000	195 000	164 000	221 000
Fixtures	5 000	24 000	57 000	90 000
Total Tangible Assets	136 000	219 000	221 000	311 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	136 000	219 000	221 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	29 000	40 000	19 000
Total Current Assets	139 000	43 000	68 000	26 000
Total Assets	276 000	262 000	289 000	337 000
Total Equity	41 000	46 000	97 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	4 000	2 000	1 000	3 000
Unpaid Taxes	51 000	29 000	7 000	−3 000
Dividends	0	0	0	0
Other Current Debt	180 000	184 000	184 000	160 000
Total Current Debt	235 000	215 000	192 000	182 000
Total Equity and Debt	276 000	262 000	289 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,63 %	−108,7 %	−53,61 %	60,4 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	−1,92 %	−13,48 %	−13,06 %	21,17 %
Current Ratio	0,59	0,2	0,35	0,14
Quick Ratio	0,59	0,2	0,35	0,14
Equity Ratio	0,15	0,18	0,34	0,44
Gross Profit Margin	93,87 %	91,37 %	99,32 %	100 %