THE NORDIC MELLOW AS

1385 ASKER

Finances

Share Ownership

Return on Equity

71,63 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	453 000	373 000	611 000
Net Income	−250 000	−38 000	29 000	−111 000
Total Assets	824 000	422 000	218 000	261 000
Total Equity	−349 000	−99 000	−61 000	−90 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	453 000	373 000	611 000
Expenditure	1 681 000	468 000	364 000	717 000
Operating Profit	−241 000	−15 000	8 000	−107 000
Financial Income	2 000	0	5 000	2 000
Financial Costs	11 000	2 000	6 000	7 000
Financial Balance	−9 000	−2 000	−1 000	−5 000
Earnings Before Tax	−250 000	−16 000	7 000	−111 000
Tax	0	22 000	−22 000	0
Net Income	−250 000	−38 000	29 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	0	22 000	0
Total Current Assets	809 000	422 000	196 000	261 000
Total Assets	824 000	422 000	218 000	261 000
Total Retained Equity	−371 000	−121 000	−83 000	−111 000
Total Equity	−349 000	−99 000	−61 000	−90 000
Total Long-Term Debt	219 000	196 000	171 000	101 000
Total Current Debt	955 000	325 000	108 000	249 000
Total Equity and Debt	824 000	422 000	218 000	261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	935 000	338 000	242 000	477 000
Other Income	505 000	115 000	131 000	134 000
Revenue	1 440 000	453 000	373 000	611 000
Cost of Goods Sold	371 000	104 000	118 000	240 000
Salary Costs	908 000	202 000	54 000	223 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 681 000	468 000	364 000	717 000
Operating Profit	−241 000	−15 000	8 000	−107 000
Financial Income	2 000	0	5 000	2 000
Financial Costs	11 000	2 000	6 000	7 000
Financial Balance	−9 000	−2 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	−250 000	−38 000	29 000	−111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	22 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	0	0	0
Total Tangible Assets	15 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	0	22 000	0
Stock	204 000	254 000	59 000	18 000
Total Investments	0	0	0	0
Cash, Bank	366 000	87 000	95 000	26 000
Total Current Assets	809 000	422 000	196 000	261 000
Total Assets	824 000	422 000	218 000	261 000
Total Equity	−349 000	−99 000	−61 000	−90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	219 000	196 000	171 000	101 000
Creditors	37 000	20 000	35 000	21 000
Unpaid Taxes	122 000	11 000	4 000	38 000
Dividends	0	0	0	0
Other Current Debt	796 000	293 000	69 000	190 000
Total Current Debt	955 000	325 000	108 000	249 000
Total Equity and Debt	824 000	422 000	218 000	261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,63 %	38,38 %	−47,54 %	123,33 %
Debt-to-Equity Ratio	−0,63	−1,98	−2,8	−1,12
Operating Profit Margin	−16,74 %	−3,31 %	2,14 %	−17,51 %
Current Ratio	0,85	1,3	1,81	1,05
Quick Ratio	1,08	5,94	4	1,13
Equity Ratio	−0,42	−0,23	−0,28	−0,34
Gross Profit Margin	74,24 %	77,04 %	68,36 %	60,72 %