NORDIC CIRCLES AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	9 426 000	4 933 000	4 995 000
Net Income	0	0	−6 000
Total Assets	3 404 000	3 220 000	2 917 000
Total Equity	88 000	88 000	88 000

Income (NOK)	2022	2021	2020
Revenue	9 426 000	4 933 000	4 995 000
Expenditure	9 431 000	4 934 000	4 995 000
Operating Profit	−4 000	−2 000	0
Financial Income	4 000	2 000	0
Financial Costs	0	0	0
Financial Balance	4 000	2 000	0
Earnings Before Tax	0	0	0
Tax	0	0	6 000
Net Income	0	0	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	19 000	49 000	78 000
Total Current Assets	3 385 000	3 171 000	2 840 000
Total Assets	3 404 000	3 220 000	2 917 000
Total Retained Equity	−6 000	−6 000	−6 000
Total Equity	88 000	88 000	88 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 316 000	3 132 000	2 829 000
Total Equity and Debt	3 404 000	3 220 000	2 917 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 311 000	300 000	229 000
Other Income	8 115 000	4 633 000	4 766 000
Revenue	9 426 000	4 933 000	4 995 000
Cost of Goods Sold	250 000	18 000	50 000
Salary Costs	0	0	0
Depreciation	29 000	29 000	10 000
Impairment	0	0	0
Expenditure	9 431 000	4 934 000	4 995 000
Operating Profit	−4 000	−2 000	0
Financial Income	4 000	2 000	0
Financial Costs	0	0	0
Financial Balance	4 000	2 000	0
Dividends	0	0	0
Net Income	0	0	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	19 000	49 000	78 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	19 000	49 000	78 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 619 000	1 661 000	2 611 000
Total Current Assets	3 385 000	3 171 000	2 840 000
Total Assets	3 404 000	3 220 000	2 917 000
Total Equity	88 000	88 000	88 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	803 000	302 000	1 458 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	2 514 000	2 829 000	1 365 000
Total Current Debt	3 316 000	3 132 000	2 829 000
Total Equity and Debt	3 404 000	3 220 000	2 917 000

Financial indicators	2022	2021	2020
Return on Equity	0 %	0 %	−6,82 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−0,04 %	−0,04 %	0 %
Current Ratio	1,02	1,01	1
Quick Ratio	1,02	1,01	1
Equity Ratio	0,03	0,03	0,03
Gross Profit Margin	97,35 %	99,64 %	99 %