NORDIC SKYTECH AS

2409 ELVERUM

Finances

Share Ownership

Return on Equity

27,9 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	45 000	2 279 000	438 000
Net Income	−243 000	−161 000	−163 000	−460 000
Total Assets	138 000	260 000	373 000	171 000
Total Equity	−871 000	−628 000	−467 000	−305 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	45 000	2 279 000	438 000
Expenditure	255 000	238 000	2 425 000	895 000
Operating Profit	−228 000	−193 000	−146 000	−457 000
Financial Income	0	0	0	0
Financial Costs	15 000	4 000	17 000	3 000
Financial Balance	−15 000	−4 000	−17 000	−3 000
Earnings Before Tax	−243 000	−196 000	−163 000	−460 000
Tax	0	−36 000	0	0
Net Income	−243 000	−161 000	−163 000	−460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	138 000	260 000	373 000	171 000
Total Assets	138 000	260 000	373 000	171 000
Total Retained Equity	−901 000	−658 000	−497 000	−335 000
Total Equity	−871 000	−628 000	−467 000	−305 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 008 000	889 000	840 000	476 000
Total Equity and Debt	138 000	260 000	373 000	171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	40 000	2 279 000	438 000
Other Income	0	5 000	0	0
Revenue	28 000	45 000	2 279 000	438 000
Cost of Goods Sold	0	2 000	1 546 000	0
Salary Costs	101 000	95 000	701 000	703 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	255 000	238 000	2 425 000	895 000
Operating Profit	−228 000	−193 000	−146 000	−457 000
Financial Income	0	0	0	0
Financial Costs	15 000	4 000	17 000	3 000
Financial Balance	−15 000	−4 000	−17 000	−3 000
Dividends	0	0	0	0
Net Income	−243 000	−161 000	−163 000	−460 000

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	127 000	188 000	326 000	7 000
Total Current Assets	138 000	260 000	373 000	171 000
Total Assets	138 000	260 000	373 000	171 000
Total Equity	−871 000	−628 000	−467 000	−305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	2 000	3 000	9 000
Unpaid Taxes	11 000	40 000	103 000	124 000
Dividends	0	0	0	0
Other Current Debt	996 000	847 000	734 000	343 000
Total Current Debt	1 008 000	889 000	840 000	476 000
Total Equity and Debt	138 000	260 000	373 000	171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,9 %	25,64 %	34,9 %	150,82 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−814,29 %	−428,89 %	−6,41 %	−104,34 %
Current Ratio	0,14	0,29	0,44	0,36
Quick Ratio	0,14	0,29	0,44	0,36
Equity Ratio	−6,31	−2,42	−1,25	−1,78
Gross Profit Margin	100 %	95,56 %	32,16 %	100 %