NORWEGIAN LAB AS

0255 OSLO

Finances

Share Ownership

Return on Equity

21,28 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 183 000	44 795 000	18 821 000	68 000
Net Income	−969 000	989 000	−3 876 000	−728 000
Total Assets	15 128 000	5 613 000	3 737 000	354 000
Total Equity	−4 554 000	−3 585 000	−4 574 000	−698 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 183 000	44 795 000	18 821 000	68 000
Expenditure	101 816 000	40 741 000	21 564 000	796 000
Operating Profit	5 368 000	4 055 000	−2 743 000	−728 000
Financial Income	151 000	73 000	6 000	0
Financial Costs	6 481 000	3 139 000	1 140 000	0
Financial Balance	−6 330 000	−3 066 000	−1 134 000	0
Earnings Before Tax	−962 000	989 000	−3 876 000	−728 000
Tax	7 000	0	0	0
Net Income	−969 000	989 000	−3 876 000	−728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	281 000	224 000	217 000	0
Total Current Assets	14 847 000	5 388 000	3 520 000	354 000
Total Assets	15 128 000	5 613 000	3 737 000	354 000
Total Retained Equity	−4 584 000	−3 615 000	−4 604 000	−728 000
Total Equity	−4 554 000	−3 585 000	−4 574 000	−698 000
Total Long-Term Debt	0	2 801 000	4 201 000	500 000
Total Current Debt	19 682 000	6 397 000	4 111 000	551 000
Total Equity and Debt	15 128 000	5 613 000	3 737 000	354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 932 000	44 795 000	18 821 000	68 000
Other Income	58 251 000	0	0	0
Revenue	107 183 000	44 795 000	18 821 000	68 000
Cost of Goods Sold	8 227 000	4 679 000	2 278 000	71 000
Salary Costs	7 891 000	5 468 000	2 943 000	16 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	101 816 000	40 741 000	21 564 000	796 000
Operating Profit	5 368 000	4 055 000	−2 743 000	−728 000
Financial Income	151 000	73 000	6 000	0
Financial Costs	6 481 000	3 139 000	1 140 000	0
Financial Balance	−6 330 000	−3 066 000	−1 134 000	0
Dividends	0	0	0	0
Net Income	−969 000	989 000	−3 876 000	−728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	0	0	0
Total Tangible Assets	48 000	0	0	0
Total Fiancial Fixed Assets	206 000	224 000	217 000	0
Total Fixed Assets	281 000	224 000	217 000	0
Stock	7 061 000	1 368 000	1 160 000	83 000
Total Investments	0	0	0	0
Cash, Bank	1 382 000	835 000	132 000	127 000
Total Current Assets	14 847 000	5 388 000	3 520 000	354 000
Total Assets	15 128 000	5 613 000	3 737 000	354 000
Total Equity	−4 554 000	−3 585 000	−4 574 000	−698 000
Short-Term Group Debt	4 567 000	182 000	0	0
Total Long-Term Debt	0	2 801 000	4 201 000	500 000
Creditors	10 667 000	2 707 000	3 222 000	344 000
Unpaid Taxes	3 256 000	1 234 000	598 000	0
Dividends	0	0	0	0
Other Current Debt	1 184 000	2 273 000	291 000	207 000
Total Current Debt	19 682 000	6 397 000	4 111 000	551 000
Total Equity and Debt	15 128 000	5 613 000	3 737 000	354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,28 %	−27,59 %	84,74 %	104,3 %
Debt-to-Equity Ratio	−0	−0,78	−0,92	−0,72
Operating Profit Margin	5,01 %	9,05 %	−14,57 %	−1 070,59 %
Current Ratio	0,75	0,84	0,86	0,64
Quick Ratio	1,18	1,07	1,19	0,76
Equity Ratio	−0,3	−0,64	−1,22	−1,97
Gross Profit Margin	92,32 %	89,55 %	87,9 %	−4,41 %