NORDIC RENTAL AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

5,29 %

Current Ratio

1,55

Debt-to-Equity Ratio

−1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	204 000	294 000	259 000
Net Income	−9 000	−49 000	−25 000	−45 000
Total Assets	117 000	160 000	256 000	336 000
Total Equity	−170 000	−162 000	−112 000	−88 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	204 000	294 000	259 000
Expenditure	191 000	245 000	307 000	295 000
Operating Profit	5 000	−41 000	−13 000	−36 000
Financial Income	0	0	0	0
Financial Costs	10 000	8 000	11 000	9 000
Financial Balance	−10 000	−8 000	−11 000	−9 000
Earnings Before Tax	−5 000	−49 000	−25 000	−45 000
Tax	3 000	0	0	0
Net Income	−9 000	−49 000	−25 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	117 000	216 000	294 000
Total Current Assets	51 000	43 000	40 000	42 000
Total Assets	117 000	160 000	256 000	336 000
Total Retained Equity	−200 000	−185 000	−136 000	−111 000
Total Equity	−170 000	−162 000	−112 000	−88 000
Total Long-Term Debt	254 000	304 000	354 000	404 000
Total Current Debt	33 000	17 000	14 000	19 000
Total Equity and Debt	117 000	160 000	256 000	336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	59 000	108 000	129 000
Other Income	184 000	145 000	187 000	130 000
Revenue	196 000	204 000	294 000	259 000
Cost of Goods Sold	8 000	3 000	3 000	0
Salary Costs	0	0	0	0
Depreciation	51 000	98 000	103 000	76 000
Impairment	0	0	0	0
Expenditure	191 000	245 000	307 000	295 000
Operating Profit	5 000	−41 000	−13 000	−36 000
Financial Income	0	0	0	0
Financial Costs	10 000	8 000	11 000	9 000
Financial Balance	−10 000	−8 000	−11 000	−9 000
Dividends	0	0	0	0
Net Income	−9 000	−49 000	−25 000	−45 000

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	55 000	107 000	205 000	283 000
Total Tangible Assets	55 000	107 000	205 000	283 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	66 000	117 000	216 000	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	21 000	16 000	23 000
Total Current Assets	51 000	43 000	40 000	42 000
Total Assets	117 000	160 000	256 000	336 000
Total Equity	−170 000	−162 000	−112 000	−88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	304 000	354 000	404 000
Creditors	29 000	10 000	16 000	15 000
Unpaid Taxes	1 000	7 000	−3 000	4 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	33 000	17 000	14 000	19 000
Total Equity and Debt	117 000	160 000	256 000	336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,29 %	30,25 %	22,32 %	51,14 %
Debt-to-Equity Ratio	−1,49	−1,88	−3,16	−4,59
Operating Profit Margin	2,55 %	−20,1 %	−4,42 %	−13,9 %
Current Ratio	1,55	2,53	2,86	2,21
Quick Ratio	1,55	2,53	2,86	2,21
Equity Ratio	−1,45	−1,01	−0,44	−0,26
Gross Profit Margin	95,92 %	98,53 %	98,98 %	100 %