V NORDIC AS

0171 OSLO

Finances

Return on Equity

9,76 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 690 000	1 572 000	42 000
Net Income	244 000	30 000	368 000	33 000
Total Assets	2 635 000	2 468 000	557 000	72 000
Total Equity	2 499 000	455 000	425 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 690 000	1 572 000	42 000
Expenditure	1 066 000	1 649 000	1 096 000	0
Operating Profit	317 000	41 000	476 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	316 000	40 000	476 000	42 000
Tax	73 000	10 000	108 000	9 000
Net Income	244 000	30 000	368 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 215 000	2 241 000	384 000	0
Total Current Assets	420 000	227 000	172 000	72 000
Total Assets	2 635 000	2 468 000	557 000	72 000
Total Retained Equity	669 000	425 000	395 000	27 000
Total Equity	2 499 000	455 000	425 000	57 000
Total Long-Term Debt	0	2 000 000	0	0
Total Current Debt	136 000	13 000	132 000	15 000
Total Equity and Debt	2 635 000	2 468 000	557 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 382 000	1 690 000	1 570 000	42 000
Other Income	0	0	2 000	0
Revenue	1 382 000	1 690 000	1 572 000	42 000
Cost of Goods Sold	201 000	520 000	321 000	0
Salary Costs	346 000	652 000	215 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 066 000	1 649 000	1 096 000	0
Operating Profit	317 000	41 000	476 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	244 000	30 000	368 000	33 000

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	2 215 000	2 241 000	384 000	0
Total Fixed Assets	2 215 000	2 241 000	384 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	420 000	224 000	169 000	33 000
Total Current Assets	420 000	227 000	172 000	72 000
Total Assets	2 635 000	2 468 000	557 000	72 000
Total Equity	2 499 000	455 000	425 000	57 000
Short-Term Group Debt	25 000	0	0	0
Total Long-Term Debt	0	2 000 000	0	0
Creditors	1 000	3 000	3 000	0
Unpaid Taxes	38 000	0	7 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	13 000	6 000
Total Current Debt	136 000	13 000	132 000	15 000
Total Equity and Debt	2 635 000	2 468 000	557 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	6,59 %	86,59 %	57,89 %
Debt-to-Equity Ratio	0	4,4	0	0
Operating Profit Margin	22,94 %	2,43 %	30,28 %	100 %
Current Ratio	3,09	17,46	1,3	4,8
Quick Ratio	3,09	17,46	1,3	4,8
Equity Ratio	0,95	0,18	0,76	0,79
Gross Profit Margin	85,46 %	69,23 %	79,58 %	100 %