NORDIC TERRAIN ACADEMY AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

−6,25 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	59 000	225 000	0
Net Income	−5 000	−1 000	−13 000
Total Assets	80 000	142 000	87 000
Total Equity	80 000	86 000	87 000

Income (NOK)	2022	2021	2020
Revenue	59 000	225 000	0
Expenditure	64 000	226 000	13 000
Operating Profit	−5 000	−1 000	−13 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−5 000	−1 000	−13 000
Tax	0	0	0
Net Income	−5 000	−1 000	−13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 000	14 000	0
Total Current Assets	75 000	128 000	87 000
Total Assets	80 000	142 000	87 000
Total Retained Equity	−20 000	−14 000	−13 000
Total Equity	80 000	86 000	87 000
Total Long-Term Debt	0	0	0
Total Current Debt	0	56 000	0
Total Equity and Debt	80 000	142 000	87 000

Cash flow (NOK)	2022	2021	2020
Sales Income	59 000	0	0
Other Income	0	225 000	0
Revenue	59 000	225 000	0
Cost of Goods Sold	2 000	24 000	0
Salary Costs	6 000	93 000	0
Depreciation	9 000	3 000	0
Impairment	0	0	0
Expenditure	64 000	226 000	13 000
Operating Profit	−5 000	−1 000	−13 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−5 000	−1 000	−13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	5 000	14 000	0
Total Tangible Assets	5 000	14 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 000	14 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	74 000	128 000	87 000
Total Current Assets	75 000	128 000	87 000
Total Assets	80 000	142 000	87 000
Total Equity	80 000	86 000	87 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	48 000	0
Unpaid Taxes	0	1 000	0
Dividends	0	0	0
Other Current Debt	0	7 000	0
Total Current Debt	0	56 000	0
Total Equity and Debt	80 000	142 000	87 000

Financial indicators	2022	2021	2020
Return on Equity	−6,25 %	−1,16 %	−14,94 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−8,47 %	−0,44 %	-
Current Ratio	-	2,29	-
Quick Ratio	-	2,29	-
Equity Ratio	1	0,61	1
Gross Profit Margin	96,61 %	89,33 %	-