NORRAD AS

1570 DILLING

Finances

Share Ownership

Return on Equity

−1 400 %

Current Ratio

4,35

Debt-to-Equity Ratio

−778,5

Key figures (NOK)	2022	2021	2020
Revenue	1 638 000	2 789 000	399 000
Net Income	56 000	30 000	4 000
Total Assets	3 518 000	2 154 000	713 000
Total Equity	−4 000	59 000	29 000

Income (NOK)	2022	2021	2020
Revenue	1 638 000	2 789 000	399 000
Expenditure	1 583 000	2 681 000	394 000
Operating Profit	56 000	108 000	4 000
Financial Income	0	0	0
Financial Costs	0	78 000	0
Financial Balance	0	−78 000	0
Earnings Before Tax	56 000	30 000	4 000
Tax	0	0	0
Net Income	56 000	30 000	4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 743 000	130 000	95 000
Total Current Assets	1 775 000	2 024 000	619 000
Total Assets	3 518 000	2 154 000	713 000
Total Retained Equity	−34 000	30 000	−1 000
Total Equity	−4 000	59 000	29 000
Total Long-Term Debt	3 114 000	1 500 000	400 000
Total Current Debt	408 000	595 000	285 000
Total Equity and Debt	3 518 000	2 154 000	713 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 545 000	2 713 000	399 000
Other Income	93 000	75 000	0
Revenue	1 638 000	2 789 000	399 000
Cost of Goods Sold	246 000	1 484 000	18 000
Salary Costs	1 065 000	947 000	246 000
Depreciation	0	50 000	0
Impairment	26 000	0	0
Expenditure	1 583 000	2 681 000	394 000
Operating Profit	56 000	108 000	4 000
Financial Income	0	0	0
Financial Costs	0	78 000	0
Financial Balance	0	−78 000	0
Dividends	0	0	0
Net Income	56 000	30 000	4 000

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	1 743 000	130 000	95 000
Total Tangible Assets	1 743 000	130 000	95 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 743 000	130 000	95 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	458 000	74 000	619 000
Total Current Assets	1 775 000	2 024 000	619 000
Total Assets	3 518 000	2 154 000	713 000
Total Equity	−4 000	59 000	29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 114 000	1 500 000	400 000
Creditors	0	0	95 000
Unpaid Taxes	0	0	30 000
Dividends	0	0	0
Other Current Debt	408 000	595 000	145 000
Total Current Debt	408 000	595 000	285 000
Total Equity and Debt	3 518 000	2 154 000	713 000

Financial indicators	2022	2021	2020
Return on Equity	−1 400 %	50,85 %	13,79 %
Debt-to-Equity Ratio	−778,5	25,42	13,79
Operating Profit Margin	3,42 %	3,87 %	1 %
Current Ratio	4,35	3,4	2,17
Quick Ratio	4,35	3,4	2,17
Equity Ratio	−0	0,03	0,04
Gross Profit Margin	84,98 %	46,79 %	95,49 %