NORWAYSERVICE.COM AS

4612 KRISTIANSAND S

Finances

Return on Equity

13,16 %

Current Ratio

0,35

Debt-to-Equity Ratio

3,05

Key figures (NOK)	2022	2021	2020
Revenue	3 452 000	490 000	147 000
Net Income	5 000	46 000	−42 000
Total Assets	722 000	310 000	208 000
Total Equity	38 000	34 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	3 452 000	490 000	147 000
Expenditure	3 537 000	442 000	190 000
Operating Profit	15 000	48 000	−42 000
Financial Income	1 000	0	0
Financial Costs	11 000	0	0
Financial Balance	−10 000	0	0
Earnings Before Tax	5 000	48 000	−42 000
Tax	0	1 000	0
Net Income	5 000	46 000	−42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	522 000	94 000	101 000
Total Current Assets	199 000	216 000	107 000
Total Assets	722 000	310 000	208 000
Total Retained Equity	8 000	4 000	−42 000
Total Equity	38 000	34 000	−12 000
Total Long-Term Debt	116 000	100 000	0
Total Current Debt	568 000	176 000	220 000
Total Equity and Debt	722 000	310 000	208 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 452 000	490 000	147 000
Other Income	0	0	0
Revenue	3 452 000	490 000	147 000
Cost of Goods Sold	2 306 000	58 000	2 000
Salary Costs	11 000	0	1 000
Depreciation	136 000	24 000	30 000
Impairment	0	0	0
Expenditure	3 537 000	442 000	190 000
Operating Profit	15 000	48 000	−42 000
Financial Income	1 000	0	0
Financial Costs	11 000	0	0
Financial Balance	−10 000	0	0
Dividends	0	0	0
Net Income	5 000	46 000	−42 000

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	492 000	94 000	101 000
Total Tangible Assets	492 000	94 000	101 000
Total Fiancial Fixed Assets	30 000	0	0
Total Fixed Assets	522 000	94 000	101 000
Stock	100 000	0	0
Total Investments	0	0	0
Cash, Bank	99 000	204 000	100 000
Total Current Assets	199 000	216 000	107 000
Total Assets	722 000	310 000	208 000
Total Equity	38 000	34 000	−12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	116 000	100 000	0
Creditors	264 000	−14 000	5 000
Unpaid Taxes	1 000	−1 000	7 000
Dividends	0	0	0
Other Current Debt	300 000	189 000	207 000
Total Current Debt	568 000	176 000	220 000
Total Equity and Debt	722 000	310 000	208 000

Financial indicators	2022	2021	2020
Return on Equity	13,16 %	135,29 %	350 %
Debt-to-Equity Ratio	3,05	2,94	−0
Operating Profit Margin	0,43 %	9,8 %	−28,57 %
Current Ratio	0,35	1,23	0,49
Quick Ratio	0,43	1,23	0,49
Equity Ratio	0,05	0,11	−0,06
Gross Profit Margin	33,2 %	88,16 %	98,64 %