NORDIC BEATS NORWAY AS

0155 OSLO

Finances

Share Ownership

Return on Equity

93,88 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 693 000	3 569 000	5 076 000	0
Net Income	−1 349 000	63 000	230 000	−864 000
Total Assets	8 412 000	18 213 000	14 037 000	3 727 000
Total Equity	−1 437 000	−89 000	−152 000	−382 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 693 000	3 569 000	5 076 000	0
Expenditure	23 891 000	3 506 000	4 760 000	989 000
Operating Profit	−1 198 000	62 000	317 000	−989 000
Financial Income	23 000	2 000	11 000	0
Financial Costs	175 000	1 000	97 000	4 000
Financial Balance	−152 000	1 000	−86 000	−4 000
Earnings Before Tax	−1 349 000	63 000	230 000	−992 000
Tax	0	0	0	−129 000
Net Income	−1 349 000	63 000	230 000	−864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	0	0	0
Total Current Assets	8 262 000	18 213 000	14 037 000	3 727 000
Total Assets	8 412 000	18 213 000	14 037 000	3 727 000
Total Retained Equity	−1 919 000	−570 000	−633 000	−864 000
Total Equity	−1 437 000	−89 000	−152 000	−382 000
Total Long-Term Debt	150 000	0	0	0
Total Current Debt	9 699 000	18 302 000	14 189 000	4 109 000
Total Equity and Debt	8 412 000	18 213 000	14 037 000	3 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 426 000	69 000	1 267 000	0
Other Income	4 267 000	3 500 000	3 810 000	0
Revenue	22 693 000	3 569 000	5 076 000	0
Cost of Goods Sold	18 552 000	243 000	367 000	2 000
Salary Costs	2 413 000	2 217 000	1 566 000	209 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 891 000	3 506 000	4 760 000	989 000
Operating Profit	−1 198 000	62 000	317 000	−989 000
Financial Income	23 000	2 000	11 000	0
Financial Costs	175 000	1 000	97 000	4 000
Financial Balance	−152 000	1 000	−86 000	−4 000
Dividends	0	0	0	0
Net Income	−1 349 000	63 000	230 000	−864 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	150 000	0	0	0
Total Fixed Assets	150 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 675 000	3 750 000	5 749 000	184 000
Total Current Assets	8 262 000	18 213 000	14 037 000	3 727 000
Total Assets	8 412 000	18 213 000	14 037 000	3 727 000
Total Equity	−1 437 000	−89 000	−152 000	−382 000
Short-Term Group Debt	0	0	0	300 000
Total Long-Term Debt	150 000	0	0	0
Creditors	4 319 000	6 007 000	2 621 000	1 229 000
Unpaid Taxes	82 000	202 000	169 000	38 000
Dividends	0	0	0	0
Other Current Debt	5 298 000	12 093 000	11 400 000	2 542 000
Total Current Debt	9 699 000	18 302 000	14 189 000	4 109 000
Total Equity and Debt	8 412 000	18 213 000	14 037 000	3 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,88 %	−70,79 %	−151,32 %	226,18 %
Debt-to-Equity Ratio	−0,1	−0	−0	−0
Operating Profit Margin	−5,28 %	1,74 %	6,25 %	-
Current Ratio	0,85	1	0,99	0,91
Quick Ratio	0,85	1	0,99	0,91
Equity Ratio	−0,17	−0	−0,01	−0,1
Gross Profit Margin	18,25 %	93,19 %	92,77 %	-