NORDEN EIENDOMSUTVIKLING AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

524,07 %

Current Ratio

1,43

Debt-to-Equity Ratio

63,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 092 000	1 037 000	102 000	0
Net Income	283 000	−243 000	−12 000	0
Total Assets	3 985 000	3 332 000	3 085 000	30 000
Total Equity	54 000	−230 000	573 000	30 000

Income (NOK)	2022	2021	2020
Revenue	2 092 000	1 037 000	102 000
Expenditure	1 629 000	1 130 000	91 000
Operating Profit	462 000	−93 000	11 000
Financial Income	3 000	0	0
Financial Costs	174 000	150 000	23 000
Financial Balance	−171 000	−150 000	−23 000
Earnings Before Tax	291 000	−243 000	−12 000
Tax	8 000	0	0
Net Income	283 000	−243 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 240 000	3 262 000	2 974 000	0
Total Current Assets	745 000	70 000	111 000	30 000
Total Assets	3 985 000	3 332 000	3 085 000	30 000
Total Retained Equity	24 000	−260 000	−12 000	0
Total Equity	54 000	−230 000	573 000	30 000
Total Long-Term Debt	3 411 000	3 160 000	2 500 000	0
Total Current Debt	520 000	402 000	12 000	0
Total Equity and Debt	3 985 000	3 332 000	3 085 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 830 000	962 000	86 000
Other Income	262 000	75 000	16 000
Revenue	2 092 000	1 037 000	102 000
Cost of Goods Sold	132 000	0	60 000
Salary Costs	488 000	188 000	0
Depreciation	8 000	7 000	0
Impairment	0	0	0
Expenditure	1 629 000	1 130 000	91 000
Operating Profit	462 000	−93 000	11 000
Financial Income	3 000	0	0
Financial Costs	174 000	150 000	23 000
Financial Balance	−171 000	−150 000	−23 000
Dividends	0	0	0
Net Income	283 000	−243 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 240 000	3 200 000	2 974 000	0
Machinery and Plant Facilities	0	62 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 240 000	3 262 000	2 974 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 240 000	3 262 000	2 974 000	0
Stock	554 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	25 000	13 000	30 000
Total Current Assets	745 000	70 000	111 000	30 000
Total Assets	3 985 000	3 332 000	3 085 000	30 000
Total Equity	54 000	−230 000	573 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 411 000	3 160 000	2 500 000	0
Creditors	173 000	109 000	14 000	0
Unpaid Taxes	66 000	70 000	−2 000	0
Dividends	0	0	0	0
Other Current Debt	186 000	73 000	0	0
Total Current Debt	520 000	402 000	12 000	0
Total Equity and Debt	3 985 000	3 332 000	3 085 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	524,07 %	105,65 %	−2,09 %	0 %
Debt-to-Equity Ratio	63,17	−13,74	4,36	0
Operating Profit Margin	22,08 %	−8,97 %	10,78 %	-
Current Ratio	1,43	0,17	9,25	-
Quick Ratio	−21,91	0,17	9,25	-
Equity Ratio	0,01	−0,07	0,19	1
Gross Profit Margin	93,69 %	100 %	41,18 %	-