NORKYST AS

4031 STAVANGER

Finances

Return on Equity

−30,2 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 078 000	9 027 000	8 786 000	3 253 000
Net Income	−1 671 000	191 000	923 000	−887 000
Total Assets	9 841 000	4 011 000	3 389 000	1 944 000
Total Equity	5 533 000	873 000	682 000	−242 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 078 000	9 027 000	8 786 000	3 253 000
Expenditure	10 164 000	8 700 000	7 507 000	4 308 000
Operating Profit	−2 086 000	327 000	1 280 000	−1 055 000
Financial Income	3 000	1 000	0	0
Financial Costs	54 000	81 000	95 000	81 000
Financial Balance	−51 000	−80 000	−95 000	−81 000
Earnings Before Tax	−2 137 000	247 000	1 185 000	−1 137 000
Tax	−466 000	56 000	262 000	−250 000
Net Income	−1 671 000	191 000	923 000	−887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 691 000	1 367 000	1 353 000	1 808 000
Total Current Assets	6 151 000	2 644 000	2 036 000	136 000
Total Assets	9 841 000	4 011 000	3 389 000	1 944 000
Total Retained Equity	−1 485 000	186 000	−5 000	−929 000
Total Equity	5 533 000	873 000	682 000	−242 000
Total Long-Term Debt	1 398 000	1 006 000	1 262 000	1 000 000
Total Current Debt	2 911 000	2 132 000	1 446 000	1 186 000
Total Equity and Debt	9 841 000	4 011 000	3 389 000	1 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 078 000	9 027 000	8 768 000	3 391 000
Other Income	0	0	18 000	−138 000
Revenue	8 078 000	9 027 000	8 786 000	3 253 000
Cost of Goods Sold	1 672 000	1 982 000	1 360 000	320 000
Salary Costs	5 501 000	4 953 000	3 974 000	2 830 000
Depreciation	421 000	279 000	268 000	251 000
Impairment	0	0	0	0
Expenditure	10 164 000	8 700 000	7 507 000	4 308 000
Operating Profit	−2 086 000	327 000	1 280 000	−1 055 000
Financial Income	3 000	1 000	0	0
Financial Costs	54 000	81 000	95 000	81 000
Financial Balance	−51 000	−80 000	−95 000	−81 000
Dividends	0	0	0	0
Net Income	−1 671 000	191 000	923 000	−887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 103 000	502 000	239 000	531 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	727 000	94 000	126 000	73 000
Total Tangible Assets	1 587 000	865 000	1 114 000	1 277 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	3 691 000	1 367 000	1 353 000	1 808 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 441 000	1 323 000	893 000	0
Total Current Assets	6 151 000	2 644 000	2 036 000	136 000
Total Assets	9 841 000	4 011 000	3 389 000	1 944 000
Total Equity	5 533 000	873 000	682 000	−242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 398 000	1 006 000	1 262 000	1 000 000
Creditors	1 116 000	195 000	339 000	11 000
Unpaid Taxes	591 000	567 000	331 000	0
Dividends	0	0	0	0
Other Current Debt	1 204 000	1 317 000	776 000	962 000
Total Current Debt	2 911 000	2 132 000	1 446 000	1 186 000
Total Equity and Debt	9 841 000	4 011 000	3 389 000	1 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,2 %	21,88 %	135,34 %	366,53 %
Debt-to-Equity Ratio	0,25	1,15	1,85	−4,13
Operating Profit Margin	−25,82 %	3,62 %	14,57 %	−32,43 %
Current Ratio	2,11	1,24	1,41	0,11
Quick Ratio	2,11	1,24	1,41	0,11
Equity Ratio	0,56	0,22	0,2	−0,12
Gross Profit Margin	79,3 %	78,04 %	84,52 %	90,16 %