NORWAY DEFENCE & AEROSPACE AS

0768 OSLO

Finances

Share Ownership

Return on Equity

−255,73 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 637 000	105 000	0
Net Income	−335 000	392 000	−59 000	−14 000
Total Assets	552 000	956 000	57 000	9 000
Total Equity	131 000	466 000	−49 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 637 000	105 000	0
Expenditure	321 000	1 123 000	163 000	14 000
Operating Profit	−321 000	515 000	−58 000	−14 000
Financial Income	0	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−14 000	0	−1 000	0
Earnings Before Tax	−335 000	515 000	−59 000	−14 000
Tax	0	123 000	0	0
Net Income	−335 000	392 000	−59 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	0	0	0
Total Current Assets	532 000	956 000	57 000	9 000
Total Assets	552 000	956 000	57 000	9 000
Total Retained Equity	101 000	436 000	−79 000	−21 000
Total Equity	131 000	466 000	−49 000	9 000
Total Long-Term Debt	33 000	85 000	95 000	0
Total Current Debt	388 000	405 000	12 000	0
Total Equity and Debt	552 000	956 000	57 000	9 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	937 000	105 000	0
Other Income	0	700 000	0	0
Revenue	0	1 637 000	105 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	101 000	718 000	128 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	321 000	1 123 000	163 000	14 000
Operating Profit	−321 000	515 000	−58 000	−14 000
Financial Income	0	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−14 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−335 000	392 000	−59 000	−14 000

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	20 000	0	0	0
Total Fixed Assets	20 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	956 000	52 000	9 000
Total Current Assets	532 000	956 000	57 000	9 000
Total Assets	552 000	956 000	57 000	9 000
Total Equity	131 000	466 000	−49 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	85 000	95 000	0
Creditors	152 000	30 000	0	0
Unpaid Taxes	73 000	307 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	162 000	68 000	10 000	0
Total Current Debt	388 000	405 000	12 000	0
Total Equity and Debt	552 000	956 000	57 000	9 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−255,73 %	84,12 %	120,41 %	−155,56 %
Debt-to-Equity Ratio	0,25	0,18	−1,94	0
Operating Profit Margin	-	31,46 %	−55,24 %	-
Current Ratio	1,37	2,36	4,75	-
Quick Ratio	1,37	2,36	4,75	-
Equity Ratio	0,24	0,49	−0,86	1
Gross Profit Margin	-	100 %	100 %	-