NOR RISK INSURANCE AS

6018 ÅLESUND

Finances

Return on Equity

98,33 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 498 000	1 227 000	471 000	0
Net Income	59 000	50 000	−67 000	−6 000
Total Assets	230 000	229 000	81 000	18 000
Total Equity	60 000	1 000	−49 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 498 000	1 227 000	471 000	0
Expenditure	1 418 000	1 175 000	538 000	6 000
Operating Profit	81 000	52 000	−67 000	−6 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	0	−2 000	−1 000	0
Earnings Before Tax	80 000	50 000	−67 000	−6 000
Tax	21 000	0	0	0
Net Income	59 000	50 000	−67 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	29 000	33 000	0
Total Current Assets	213 000	200 000	47 000	18 000
Total Assets	230 000	229 000	81 000	18 000
Total Retained Equity	30 000	−24 000	−74 000	−6 000
Total Equity	60 000	1 000	−49 000	18 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	170 000	229 000	130 000	0
Total Equity and Debt	230 000	229 000	81 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 498 000	1 227 000	471 000	0
Revenue	1 498 000	1 227 000	471 000	0
Cost of Goods Sold	12 000	49 000	0	0
Salary Costs	710 000	535 000	235 000	0
Depreciation	12 000	12 000	2 000	0
Impairment	0	0	0	0
Expenditure	1 418 000	1 175 000	538 000	6 000
Operating Profit	81 000	52 000	−67 000	−6 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	0	−2 000	−1 000	0
Dividends	0	0	0	0
Net Income	59 000	50 000	−67 000	−6 000

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	10 000	21 000	33 000	0
Total Tangible Assets	10 000	21 000	33 000	0
Total Fiancial Fixed Assets	8 000	8 000	0	0
Total Fixed Assets	17 000	29 000	33 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	187 000	38 000	12 000
Total Current Assets	213 000	200 000	47 000	18 000
Total Assets	230 000	229 000	81 000	18 000
Total Equity	60 000	1 000	−49 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	141 000	25 000	0
Unpaid Taxes	62 000	42 000	60 000	0
Dividends	0	0	0	0
Other Current Debt	83 000	46 000	45 000	0
Total Current Debt	170 000	229 000	130 000	0
Total Equity and Debt	230 000	229 000	81 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,33 %	5 000 %	136,73 %	−33,33 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	5,41 %	4,24 %	−14,23 %	-
Current Ratio	1,25	0,87	0,36	-
Quick Ratio	1,25	0,87	0,36	-
Equity Ratio	0,26	0	−0,6	1
Gross Profit Margin	99,2 %	96,01 %	100 %	-