NORDIC BALANCE AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

30,56 %

Current Ratio

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	268 000	287 000	113 000	0
Net Income	−121 000	−98 000	−165 000	−37 000
Total Assets	431 000	549 000	144 000	93 000
Total Equity	−396 000	−275 000	−177 000	−12 000

Income (NOK)	2022	2021	2020	2019
Revenue	268 000	287 000	113 000	0
Expenditure	390 000	384 000	277 000	37 000
Operating Profit	−121 000	−98 000	−165 000	−37 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−121 000	−98 000	−165 000	−37 000
Tax	0	0	0	0
Net Income	−121 000	−98 000	−165 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	66 000	19 000	0
Total Current Assets	388 000	483 000	125 000	93 000
Total Assets	431 000	549 000	144 000	93 000
Total Retained Equity	−421 000	−300 000	−201 000	−37 000
Total Equity	−396 000	−275 000	−177 000	−12 000
Total Long-Term Debt	730 000	730 000	300 000	100 000
Total Current Debt	97 000	94 000	21 000	6 000
Total Equity and Debt	431 000	549 000	144 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	268 000	287 000	113 000	0
Other Income	0	0	0	0
Revenue	268 000	287 000	113 000	0
Cost of Goods Sold	160 000	153 000	67 000	0
Salary Costs	0	0	0	0
Depreciation	23 000	11 000	6 000	0
Impairment	0	0	0	0
Expenditure	390 000	384 000	277 000	37 000
Operating Profit	−121 000	−98 000	−165 000	−37 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−121 000	−98 000	−165 000	−37 000

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	43 000	66 000	19 000	0
Total Tangible Assets	43 000	66 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	66 000	19 000	0
Stock	216 000	187 000	44 000	0
Total Investments	0	0	0	0
Cash, Bank	112 000	248 000	70 000	91 000
Total Current Assets	388 000	483 000	125 000	93 000
Total Assets	431 000	549 000	144 000	93 000
Total Equity	−396 000	−275 000	−177 000	−12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	730 000	730 000	300 000	100 000
Creditors	12 000	29 000	19 000	15 000
Unpaid Taxes	0	0	3 000	−10 000
Dividends	0	0	0	0
Other Current Debt	85 000	65 000	0	0
Total Current Debt	97 000	94 000	21 000	6 000
Total Equity and Debt	431 000	549 000	144 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,56 %	35,64 %	93,22 %	308,33 %
Debt-to-Equity Ratio	−1,84	−2,65	−1,69	−8,33
Operating Profit Margin	−45,15 %	−34,15 %	−146,02 %	-
Current Ratio	4	5,14	5,95	15,5
Quick Ratio	−3,26	−5,19	−5,43	15,5
Equity Ratio	−0,92	−0,5	−1,23	−0,13
Gross Profit Margin	40,3 %	46,69 %	40,71 %	-