NORDIC ROOTS AS

4324 SANDNES

Finances

Return on Equity

25,37 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 452 000	2 618 000	357 000
Net Income	137 000	258 000	120 000
Total Assets	900 000	789 000	269 000
Total Equity	540 000	403 000	145 000

Income (NOK)	2022	2021	2020
Revenue	3 452 000	2 618 000	357 000
Expenditure	3 273 000	2 286 000	204 000
Operating Profit	179 000	331 000	153 000
Financial Income	1 000	1 000	0
Financial Costs	4 000	1 000	0
Financial Balance	−3 000	0	0
Earnings Before Tax	176 000	331 000	153 000
Tax	39 000	73 000	32 000
Net Income	137 000	258 000	120 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	30 000	124 000	0
Total Current Assets	870 000	665 000	269 000
Total Assets	900 000	789 000	269 000
Total Retained Equity	510 000	373 000	115 000
Total Equity	540 000	403 000	145 000
Total Long-Term Debt	0	6 000	0
Total Current Debt	360 000	380 000	124 000
Total Equity and Debt	900 000	789 000	269 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 452 000	2 618 000	357 000
Other Income	0	0	0
Revenue	3 452 000	2 618 000	357 000
Cost of Goods Sold	2 493 000	1 433 000	108 000
Salary Costs	599 000	707 000	58 000
Depreciation	25 000	2 000	0
Impairment	0	0	0
Expenditure	3 273 000	2 286 000	204 000
Operating Profit	179 000	331 000	153 000
Financial Income	1 000	1 000	0
Financial Costs	4 000	1 000	0
Financial Balance	−3 000	0	0
Dividends	0	0	0
Net Income	137 000	258 000	120 000

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	124 000	0
Fixtures	0	0	0
Total Tangible Assets	0	124 000	0
Total Fiancial Fixed Assets	30 000	0	0
Total Fixed Assets	30 000	124 000	0
Stock	0	40 000	0
Total Investments	0	0	0
Cash, Bank	194 000	447 000	269 000
Total Current Assets	870 000	665 000	269 000
Total Assets	900 000	789 000	269 000
Total Equity	540 000	403 000	145 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	6 000	0
Creditors	185 000	115 000	9 000
Unpaid Taxes	85 000	133 000	67 000
Dividends	0	0	0
Other Current Debt	46 000	65 000	16 000
Total Current Debt	360 000	380 000	124 000
Total Equity and Debt	900 000	789 000	269 000

Financial indicators	2022	2021	2020
Return on Equity	25,37 %	64,02 %	82,76 %
Debt-to-Equity Ratio	0	0,01	0
Operating Profit Margin	5,19 %	12,64 %	42,86 %
Current Ratio	2,42	1,75	2,17
Quick Ratio	2,42	1,96	2,17
Equity Ratio	0,6	0,51	0,54
Gross Profit Margin	27,78 %	45,26 %	69,75 %