NORHARD EQUIPMENT AS

0158 OSLO

Finances

Share Ownership

Return on Equity

−41,97 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 980 000	4 782 000	0	0
Net Income	−1 173 000	−8 458 000	6 000	−15 000
Total Assets	106 884 000	90 177 000	3 601 000	414 000
Total Equity	2 795 000	1 486 000	36 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 980 000	4 782 000	0	0
Expenditure	29 192 000	14 953 000	108 000	19 000
Operating Profit	1 432 000	−10 083 000	−108 000	−19 000
Financial Income	44 000	2 000	0	0
Financial Costs	3 431 000	1 123 000	0	0
Financial Balance	−3 387 000	−1 121 000	0	0
Earnings Before Tax	−1 955 000	−11 204 000	−108 000	−19 000
Tax	−783 000	−2 746 000	−114 000	−4 000
Net Income	−1 173 000	−8 458 000	6 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 406 000	60 549 000	2 665 000	366 000
Total Current Assets	29 478 000	29 628 000	936 000	49 000
Total Assets	106 884 000	90 177 000	3 601 000	414 000
Total Retained Equity	−9 625 000	−8 452 000	6 000	−15 000
Total Equity	2 795 000	1 486 000	36 000	30 000
Total Long-Term Debt	89 435 000	77 056 000	2 786 000	0
Total Current Debt	14 653 000	11 634 000	779 000	384 000
Total Equity and Debt	106 884 000	90 177 000	3 601 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 980 000	0	0	0
Other Income	0	4 782 000	0	0
Revenue	29 980 000	4 782 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 997 000	2 408 000	0	0
Impairment	0	0	0	0
Expenditure	29 192 000	14 953 000	108 000	19 000
Operating Profit	1 432 000	−10 083 000	−108 000	−19 000
Financial Income	44 000	2 000	0	0
Financial Costs	3 431 000	1 123 000	0	0
Financial Balance	−3 387 000	−1 121 000	0	0
Dividends	0	0	0	0
Net Income	−1 173 000	−8 458 000	6 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 593 000	1 681 000	114 000	0
Real Eastate	0	58 617 000	2 551 000	0
Machinery and Plant Facilities	75 617 000	0	0	366 000
Fixtures	196 000	252 000	0	0
Total Tangible Assets	75 813 000	58 869 000	2 551 000	366 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 406 000	60 549 000	2 665 000	366 000
Stock	6 804 000	6 160 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 183 000	4 803 000	395 000	30 000
Total Current Assets	29 478 000	29 628 000	936 000	49 000
Total Assets	106 884 000	90 177 000	3 601 000	414 000
Total Equity	2 795 000	1 486 000	36 000	30 000
Short-Term Group Debt	466 000	2 636 000	289 000	13 000
Total Long-Term Debt	89 435 000	77 056 000	2 786 000	0
Creditors	11 435 000	5 202 000	134 000	372 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 752 000	3 796 000	356 000	0
Total Current Debt	14 653 000	11 634 000	779 000	384 000
Total Equity and Debt	106 884 000	90 177 000	3 601 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,97 %	−569,18 %	16,67 %	−50 %
Debt-to-Equity Ratio	32	51,85	77,39	0
Operating Profit Margin	4,78 %	−210,85 %	-	-
Current Ratio	2,01	2,55	1,2	0,13
Quick Ratio	3,76	5,41	1,2	0,13
Equity Ratio	0,03	0,02	0,01	0,07
Gross Profit Margin	100 %	100 %	-	-