NORDIC TANK SOLUTIONS AS

1369 STABEKK

Finances

Share Ownership

Return on Equity

64,96 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 122 000	22 054 000	14 951 000	2 370 000
Net Income	1 294 000	240 000	573 000	56 000
Total Assets	26 468 000	7 248 000	2 735 000	954 000
Total Equity	1 992 000	698 000	659 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 122 000	22 054 000	14 951 000	2 370 000
Expenditure	36 279 000	21 568 000	14 129 000	2 295 000
Operating Profit	1 844 000	485 000	822 000	74 000
Financial Income	255 000	412 000	242 000	14 000
Financial Costs	439 000	587 000	324 000	16 000
Financial Balance	−184 000	−175 000	−82 000	−2 000
Earnings Before Tax	1 660 000	311 000	740 000	72 000
Tax	366 000	71 000	167 000	17 000
Net Income	1 294 000	240 000	573 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	15 000
Total Current Assets	26 453 000	7 233 000	2 720 000	939 000
Total Assets	26 468 000	7 248 000	2 735 000	954 000
Total Retained Equity	1 962 000	668 000	629 000	56 000
Total Equity	1 992 000	698 000	659 000	86 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 476 000	6 549 000	2 076 000	868 000
Total Equity and Debt	26 468 000	7 248 000	2 735 000	954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 122 000	22 054 000	14 951 000	2 370 000
Other Income	0	0	0	0
Revenue	38 122 000	22 054 000	14 951 000	2 370 000
Cost of Goods Sold	32 847 000	18 354 000	10 458 000	1 702 000
Salary Costs	2 996 000	2 588 000	3 200 000	478 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 279 000	21 568 000	14 129 000	2 295 000
Operating Profit	1 844 000	485 000	822 000	74 000
Financial Income	255 000	412 000	242 000	14 000
Financial Costs	439 000	587 000	324 000	16 000
Financial Balance	−184 000	−175 000	−82 000	−2 000
Dividends	0	0	0	0
Net Income	1 294 000	240 000	573 000	56 000

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	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 160 000	4 886 000	1 861 000	379 000
Total Current Assets	26 453 000	7 233 000	2 720 000	939 000
Total Assets	26 468 000	7 248 000	2 735 000	954 000
Total Equity	1 992 000	698 000	659 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 244 000	4 817 000	724 000	711 000
Unpaid Taxes	5 914 000	1 093 000	457 000	81 000
Dividends	0	0	0	0
Other Current Debt	10 951 000	568 000	728 000	60 000
Total Current Debt	24 476 000	6 549 000	2 076 000	868 000
Total Equity and Debt	26 468 000	7 248 000	2 735 000	954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,96 %	34,38 %	86,95 %	65,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,84 %	2,2 %	5,5 %	3,12 %
Current Ratio	1,08	1,1	1,31	1,08
Quick Ratio	1,08	1,1	1,31	1,08
Equity Ratio	0,08	0,1	0,24	0,09
Gross Profit Margin	13,84 %	16,78 %	30,05 %	28,19 %