NORDIC INSTITUTE FOR FINANCE TECHNOLOGY AND SUSTAINABILITY (NIFTYS) AS

0661 OSLO

Finances

Share Ownership

Return on Equity

139,02 %

Current Ratio

0,83

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	0	1 796 000	1 351 000
Net Income	−114 000	161 000	−160 000
Total Assets	500 000	859 000	1 486 000
Total Equity	−82 000	32 000	−130 000

Income (NOK)	2022	2021	2020
Revenue	0	1 796 000	1 351 000
Expenditure	116 000	1 564 000	1 536 000
Operating Profit	−116 000	232 000	−185 000
Financial Income	2 000	0	25 000
Financial Costs	0	70 000	0
Financial Balance	2 000	−70 000	25 000
Earnings Before Tax	−114 000	162 000	−160 000
Tax	0	0	0
Net Income	−114 000	161 000	−160 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 000	29 000	43 000
Total Current Assets	485 000	830 000	1 442 000
Total Assets	500 000	859 000	1 486 000
Total Retained Equity	−112 000	2 000	−160 000
Total Equity	−82 000	32 000	−130 000
Total Long-Term Debt	0	0	0
Total Current Debt	582 000	827 000	1 615 000
Total Equity and Debt	500 000	859 000	1 486 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	1 796 000	1 351 000
Other Income	0	0	0
Revenue	0	1 796 000	1 351 000
Cost of Goods Sold	0	0	0
Salary Costs	0	1 138 000	1 155 000
Depreciation	14 000	14 000	4 000
Impairment	0	0	0
Expenditure	116 000	1 564 000	1 536 000
Operating Profit	−116 000	232 000	−185 000
Financial Income	2 000	0	25 000
Financial Costs	0	70 000	0
Financial Balance	2 000	−70 000	25 000
Dividends	0	0	0
Net Income	−114 000	161 000	−160 000

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	15 000	29 000	43 000
Total Tangible Assets	15 000	29 000	43 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	15 000	29 000	43 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	47 000	470 000	1 371 000
Total Current Assets	485 000	830 000	1 442 000
Total Assets	500 000	859 000	1 486 000
Total Equity	−82 000	32 000	−130 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	109 000	213 000	273 000
Unpaid Taxes	30 000	197 000	150 000
Dividends	0	0	0
Other Current Debt	443 000	418 000	1 193 000
Total Current Debt	582 000	827 000	1 615 000
Total Equity and Debt	500 000	859 000	1 486 000

Financial indicators	2022	2021	2020
Return on Equity	139,02 %	503,13 %	123,08 %
Debt-to-Equity Ratio	−0	0	−0
Operating Profit Margin	-	12,92 %	−13,69 %
Current Ratio	0,83	1	0,89
Quick Ratio	0,83	1	0,89
Equity Ratio	−0,16	0,04	−0,09
Gross Profit Margin	-	100 %	100 %