NORAFJORD AS

6859 SLINDA

Finances

Share Ownership

Return on Equity

−53,11 %

Current Ratio

1,14

Debt-to-Equity Ratio

6,23

Key figures (NOK)	2022	2021	2020
Revenue	140 000	0	0
Net Income	−273 000	−11 000	−6 000
Total Assets	3 908 000	5 346 000	794 000
Total Equity	514 000	784 000	794 000

Income (NOK)	2022	2021	2020
Revenue	140 000	0	0
Expenditure	364 000	11 000	6 000
Operating Profit	−224 000	−11 000	−6 000
Financial Income	0	0	0
Financial Costs	50 000	0	0
Financial Balance	−50 000	0	0
Earnings Before Tax	−273 000	−11 000	−6 000
Tax	0	0	0
Net Income	−273 000	−11 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 686 000	3 994 000	0
Total Current Assets	222 000	1 352 000	794 000
Total Assets	3 908 000	5 346 000	794 000
Total Retained Equity	−286 000	−16 000	−6 000
Total Equity	514 000	784 000	794 000
Total Long-Term Debt	3 200 000	3 000 000	0
Total Current Debt	195 000	1 562 000	0
Total Equity and Debt	3 908 000	5 346 000	794 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	140 000	0	0
Revenue	140 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	268 000	0	0
Impairment	0	0	0
Expenditure	364 000	11 000	6 000
Operating Profit	−224 000	−11 000	−6 000
Financial Income	0	0	0
Financial Costs	50 000	0	0
Financial Balance	−50 000	0	0
Dividends	0	0	0
Net Income	−273 000	−11 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 686 000	3 994 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 686 000	3 994 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 686 000	3 994 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	222 000	1 352 000	794 000
Total Current Assets	222 000	1 352 000	794 000
Total Assets	3 908 000	5 346 000	794 000
Total Equity	514 000	784 000	794 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 200 000	3 000 000	0
Creditors	51 000	1 509 000	0
Unpaid Taxes	2 000	0	0
Dividends	0	0	0
Other Current Debt	142 000	53 000	0
Total Current Debt	195 000	1 562 000	0
Total Equity and Debt	3 908 000	5 346 000	794 000

Financial indicators	2022	2021	2020
Return on Equity	−53,11 %	−1,4 %	−0,76 %
Debt-to-Equity Ratio	6,23	3,83	0
Operating Profit Margin	−160 %	-	-
Current Ratio	1,14	0,87	-
Quick Ratio	1,14	0,87	-
Equity Ratio	0,13	0,15	1
Gross Profit Margin	100 %	-	-