NORDIC STAR CONSTRUCTION AS

2422 NYBERGSUND

Finances

Share Ownership

Return on Equity

93,43 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 321 000	641 000	142 000	388 000
Net Income	−185 000	8 000	−7 000	−81 000
Total Assets	103 000	28 000	61 000	77 000
Total Equity	−198 000	−14 000	−21 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 321 000	641 000	142 000	388 000
Expenditure	1 506 000	633 000	150 000	475 000
Operating Profit	−184 000	8 000	−7 000	−87 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−185 000	8 000	−7 000	−87 000
Tax	0	0	0	−6 000
Net Income	−185 000	8 000	−7 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	23 000	36 000	55 000
Total Current Assets	29 000	5 000	26 000	22 000
Total Assets	103 000	28 000	61 000	77 000
Total Retained Equity	−228 000	−44 000	−51 000	−38 000
Total Equity	−198 000	−14 000	−21 000	−8 000
Total Long-Term Debt	165 000	0	0	0
Total Current Debt	136 000	42 000	82 000	85 000
Total Equity and Debt	103 000	28 000	61 000	77 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 321 000	641 000	142 000	388 000
Other Income	0	0	0	0
Revenue	1 321 000	641 000	142 000	388 000
Cost of Goods Sold	280 000	363 000	20 000	227 000
Salary Costs	863 000	93 000	14 000	114 000
Depreciation	21 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	1 506 000	633 000	150 000	475 000
Operating Profit	−184 000	8 000	−7 000	−87 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−185 000	8 000	−7 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	23 000	36 000	48 000
Total Tangible Assets	43 000	23 000	36 000	48 000
Total Fiancial Fixed Assets	31 000	0	0	0
Total Fixed Assets	74 000	23 000	36 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	0	1 000	17 000
Total Current Assets	29 000	5 000	26 000	22 000
Total Assets	103 000	28 000	61 000	77 000
Total Equity	−198 000	−14 000	−21 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	165 000	0	0	0
Creditors	6 000	7 000	29 000	37 000
Unpaid Taxes	30 000	3 000	2 000	−3 000
Dividends	0	0	0	0
Other Current Debt	100 000	32 000	52 000	50 000
Total Current Debt	136 000	42 000	82 000	85 000
Total Equity and Debt	103 000	28 000	61 000	77 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,43 %	−57,14 %	33,33 %	1 012,5 %
Debt-to-Equity Ratio	−0,83	−0	−0	−0
Operating Profit Margin	−13,93 %	1,25 %	−4,93 %	−22,42 %
Current Ratio	0,21	0,12	0,32	0,26
Quick Ratio	0,21	0,12	0,32	0,26
Equity Ratio	−1,92	−0,5	−0,34	−0,1
Gross Profit Margin	78,8 %	43,37 %	85,92 %	41,49 %