NORTHERN HOLDING COMPANY AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

13,98 %

Current Ratio

0,13

Debt-to-Equity Ratio

22,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	354 000	346 000	370 000	345 000
Net Income	26 000	59 000	68 000	29 000
Total Assets	4 329 000	4 350 000	4 340 000	4 321 000
Total Equity	186 000	159 000	101 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	354 000	346 000	370 000	345 000
Expenditure	128 000	80 000	86 000	178 000
Operating Profit	226 000	266 000	284 000	166 000
Financial Income	0	0	0	0
Financial Costs	193 000	190 000	197 000	136 000
Financial Balance	−193 000	−190 000	−197 000	−136 000
Earnings Before Tax	34 000	75 000	87 000	30 000
Tax	7 000	17 000	19 000	1 000
Net Income	26 000	59 000	68 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 324 000	4 329 000	4 306 000	4 306 000
Total Current Assets	5 000	21 000	34 000	15 000
Total Assets	4 329 000	4 350 000	4 340 000	4 321 000
Total Retained Equity	156 000	129 000	71 000	3 000
Total Equity	186 000	159 000	101 000	33 000
Total Long-Term Debt	4 105 000	4 140 000	4 176 000	4 266 000
Total Current Debt	38 000	50 000	63 000	22 000
Total Equity and Debt	4 329 000	4 350 000	4 340 000	4 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	354 000	346 000	370 000	345 000
Revenue	354 000	346 000	370 000	345 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	128 000	80 000	86 000	178 000
Operating Profit	226 000	266 000	284 000	166 000
Financial Income	0	0	0	0
Financial Costs	193 000	190 000	197 000	136 000
Financial Balance	−193 000	−190 000	−197 000	−136 000
Dividends	0	0	0	0
Net Income	26 000	59 000	68 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 306 000	4 306 000	4 306 000	4 306 000
Machinery and Plant Facilities	18 000	23 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 324 000	4 329 000	4 306 000	4 306 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 324 000	4 329 000	4 306 000	4 306 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	9 000	23 000	15 000
Total Current Assets	5 000	21 000	34 000	15 000
Total Assets	4 329 000	4 350 000	4 340 000	4 321 000
Total Equity	186 000	159 000	101 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 105 000	4 140 000	4 176 000	4 266 000
Creditors	0	3 000	40 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	37 000	37 000	22 000	22 000
Total Current Debt	38 000	50 000	63 000	22 000
Total Equity and Debt	4 329 000	4 350 000	4 340 000	4 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,98 %	37,11 %	67,33 %	87,88 %
Debt-to-Equity Ratio	22,07	26,04	41,35	129,27
Operating Profit Margin	63,84 %	76,88 %	76,76 %	48,12 %
Current Ratio	0,13	0,42	0,54	0,68
Quick Ratio	0,13	0,42	0,54	0,68
Equity Ratio	0,04	0,04	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %