NORTHING AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

8,54 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 889 000	1 862 000	918 000
Net Income	7 000	36 000	14 000
Total Assets	524 000	905 000	412 000
Total Equity	82 000	75 000	38 000

Income (NOK)	2022	2021	2020
Revenue	1 889 000	1 862 000	918 000
Expenditure	1 878 000	1 816 000	901 000
Operating Profit	11 000	46 000	17 000
Financial Income	0	1 000	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	0	0
Earnings Before Tax	10 000	46 000	17 000
Tax	3 000	10 000	3 000
Net Income	7 000	36 000	14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	24 000	60 000	120 000
Total Current Assets	500 000	845 000	291 000
Total Assets	524 000	905 000	412 000
Total Retained Equity	52 000	45 000	14 000
Total Equity	82 000	75 000	38 000
Total Long-Term Debt	0	0	0
Total Current Debt	442 000	831 000	373 000
Total Equity and Debt	524 000	905 000	412 000

Cash flow (NOK)	2022	2021	2020
Sales Income	366 000	159 000	76 000
Other Income	1 523 000	1 702 000	842 000
Revenue	1 889 000	1 862 000	918 000
Cost of Goods Sold	57 000	6 000	38 000
Salary Costs	1 180 000	727 000	251 000
Depreciation	72 000	60 000	60 000
Impairment	0	0	0
Expenditure	1 878 000	1 816 000	901 000
Operating Profit	11 000	46 000	17 000
Financial Income	0	1 000	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	7 000	36 000	14 000

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	24 000	60 000	120 000
Total Tangible Assets	24 000	60 000	120 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	24 000	60 000	120 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	306 000	568 000	285 000
Total Current Assets	500 000	845 000	291 000
Total Assets	524 000	905 000	412 000
Total Equity	82 000	75 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	15 000	0	9 000
Unpaid Taxes	71 000	37 000	17 000
Dividends	0	0	0
Other Current Debt	353 000	784 000	344 000
Total Current Debt	442 000	831 000	373 000
Total Equity and Debt	524 000	905 000	412 000

Financial indicators	2022	2021	2020
Return on Equity	8,54 %	48 %	36,84 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0,58 %	2,47 %	1,85 %
Current Ratio	1,13	1,02	0,78
Quick Ratio	1,13	1,02	0,78
Equity Ratio	0,16	0,08	0,09
Gross Profit Margin	96,98 %	99,68 %	95,86 %