NORDIC ICON AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

78,21 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 010 000	395 000	0	0
Net Income	−481 000	−163 000	−1 000	0
Total Assets	222 000	424 000	29 000	30 000
Total Equity	−615 000	−135 000	29 000	30 000

Income (NOK)	2022	2021	2020
Revenue	2 010 000	395 000	0
Expenditure	2 461 000	558 000	1 000
Operating Profit	−450 000	−163 000	−1 000
Financial Income	0	0	0
Financial Costs	30 000	1 000	0
Financial Balance	−30 000	−1 000	0
Earnings Before Tax	−481 000	−163 000	−1 000
Tax	0	0	0
Net Income	−481 000	−163 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	222 000	424 000	29 000	30 000
Total Assets	222 000	424 000	29 000	30 000
Total Retained Equity	−645 000	−165 000	−1 000	0
Total Equity	−615 000	−135 000	29 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	837 000	559 000	0	0
Total Equity and Debt	222 000	424 000	29 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 010 000	395 000	0
Other Income	0	0	0
Revenue	2 010 000	395 000	0
Cost of Goods Sold	1 618 000	393 000	0
Salary Costs	444 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 461 000	558 000	1 000
Operating Profit	−450 000	−163 000	−1 000
Financial Income	0	0	0
Financial Costs	30 000	1 000	0
Financial Balance	−30 000	−1 000	0
Dividends	0	0	0
Net Income	−481 000	−163 000	−1 000

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	141 000	29 000	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	357 000	8 000	30 000
Total Current Assets	222 000	424 000	29 000	30 000
Total Assets	222 000	424 000	29 000	30 000
Total Equity	−615 000	−135 000	29 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	87 000	0	0
Unpaid Taxes	41 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	748 000	472 000	0	0
Total Current Debt	837 000	559 000	0	0
Total Equity and Debt	222 000	424 000	29 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,21 %	120,74 %	−3,45 %	0 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−22,39 %	−41,27 %	-	-
Current Ratio	0,27	0,76	-	-
Quick Ratio	0,32	0,8	-	-
Equity Ratio	−2,77	−0,32	1	1
Gross Profit Margin	19,5 %	0,51 %	-	-