NJORD SYSTEMS AS

5470 ROSENDAL

Finances

Share Ownership

Return on Equity

−39,18 %

Current Ratio

1,3

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020
Revenue	384 000	270 000	303 000
Net Income	−76 000	32 000	37 000
Total Assets	1 096 000	1 025 000	311 000
Total Equity	194 000	269 000	237 000

Income (NOK)	2022	2021	2020
Revenue	384 000	270 000	303 000
Expenditure	469 000	228 000	256 000
Operating Profit	−85 000	42 000	47 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−85 000	42 000	47 000
Tax	−9 000	9 000	10 000
Net Income	−76 000	32 000	37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	963 000	423 000	0
Total Current Assets	133 000	602 000	311 000
Total Assets	1 096 000	1 025 000	311 000
Total Retained Equity	−6 000	69 000	37 000
Total Equity	194 000	269 000	237 000
Total Long-Term Debt	800 000	709 000	0
Total Current Debt	102 000	46 000	75 000
Total Equity and Debt	1 096 000	1 025 000	311 000

Cash flow (NOK)	2022	2021	2020
Sales Income	384 000	270 000	246 000
Other Income	0	0	57 000
Revenue	384 000	270 000	303 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	57 000	6 000	0
Impairment	0	0	0
Expenditure	469 000	228 000	256 000
Operating Profit	−85 000	42 000	47 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−76 000	32 000	37 000

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	963 000	423 000	0
Total Tangible Assets	963 000	423 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	963 000	423 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	57 000	113 000	55 000
Total Current Assets	133 000	602 000	311 000
Total Assets	1 096 000	1 025 000	311 000
Total Equity	194 000	269 000	237 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	800 000	709 000	0
Creditors	102 000	46 000	18 000
Unpaid Taxes	0	0	46 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	102 000	46 000	75 000
Total Equity and Debt	1 096 000	1 025 000	311 000

Financial indicators	2022	2021	2020
Return on Equity	−39,18 %	11,9 %	15,61 %
Debt-to-Equity Ratio	4,12	2,64	0
Operating Profit Margin	−22,14 %	15,56 %	15,51 %
Current Ratio	1,3	13,09	4,15
Quick Ratio	1,3	13,09	4,15
Equity Ratio	0,18	0,26	0,76
Gross Profit Margin	100 %	100 %	100 %