NORTH UP AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

−154,76 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 580 000	1 375 000	1 356 000	407 000
Net Income	−260 000	325 000	75 000	−32 000
Total Assets	335 000	657 000	194 000	187 000
Total Equity	168 000	428 000	103 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 580 000	1 375 000	1 356 000	407 000
Expenditure	2 839 000	959 000	1 268 000	438 000
Operating Profit	−259 000	416 000	88 000	−31 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Earnings Before Tax	−262 000	417 000	87 000	−32 000
Tax	−2 000	92 000	12 000	0
Net Income	−260 000	325 000	75 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	9 000	14 000	19 000
Total Current Assets	330 000	647 000	180 000	168 000
Total Assets	335 000	657 000	194 000	187 000
Total Retained Equity	108 000	368 000	43 000	−32 000
Total Equity	168 000	428 000	103 000	−2 000
Total Long-Term Debt	0	2 000	19 000	19 000
Total Current Debt	167 000	227 000	72 000	170 000
Total Equity and Debt	335 000	657 000	194 000	187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 478 000	711 000	951 000	358 000
Other Income	102 000	664 000	405 000	48 000
Revenue	2 580 000	1 375 000	1 356 000	407 000
Cost of Goods Sold	1 098 000	309 000	640 000	153 000
Salary Costs	1 100 000	88 000	62 000	78 000
Depreciation	5 000	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	2 839 000	959 000	1 268 000	438 000
Operating Profit	−259 000	416 000	88 000	−31 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−260 000	325 000	75 000	−32 000

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	4 000	9 000	14 000	19 000
Total Tangible Assets	4 000	9 000	14 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	9 000	14 000	19 000
Stock	173 000	157 000	12 000	53 000
Total Investments	0	0	0	0
Cash, Bank	133 000	454 000	154 000	38 000
Total Current Assets	330 000	647 000	180 000	168 000
Total Assets	335 000	657 000	194 000	187 000
Total Equity	168 000	428 000	103 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	19 000	19 000
Creditors	37 000	93 000	−1 000	75 000
Unpaid Taxes	29 000	7 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	100 000	37 000	60 000	95 000
Total Current Debt	167 000	227 000	72 000	170 000
Total Equity and Debt	335 000	657 000	194 000	187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−154,76 %	75,93 %	72,82 %	1 600 %
Debt-to-Equity Ratio	0	0	0,18	−9,5
Operating Profit Margin	−10,04 %	30,25 %	6,49 %	−7,62 %
Current Ratio	1,98	2,85	2,5	0,99
Quick Ratio	−55	9,24	3	1,44
Equity Ratio	0,5	0,65	0,53	−0,01
Gross Profit Margin	57,44 %	77,53 %	52,8 %	62,41 %