NORSK FJORDSKINN AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

81,98 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	0	154 000	35 000
Net Income	−282 000	−124 000	−232 000
Total Assets	201 000	51 000	241 000
Total Equity	−344 000	−62 000	62 000

Income (NOK)	2022	2021	2020
Revenue	0	154 000	35 000
Expenditure	283 000	278 000	267 000
Operating Profit	−282 000	−124 000	−232 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−282 000	−124 000	−232 000
Tax	0	0	0
Net Income	−282 000	−124 000	−232 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	113 000	49 000	62 000
Total Current Assets	88 000	2 000	179 000
Total Assets	201 000	51 000	241 000
Total Retained Equity	−639 000	−356 000	−232 000
Total Equity	−344 000	−62 000	62 000
Total Long-Term Debt	0	0	0
Total Current Debt	545 000	113 000	179 000
Total Equity and Debt	201 000	51 000	241 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	154 000	35 000
Revenue	0	154 000	35 000
Cost of Goods Sold	0	0	0
Salary Costs	14 000	8 000	205 000
Depreciation	15 000	12 000	0
Impairment	0	0	0
Expenditure	283 000	278 000	267 000
Operating Profit	−282 000	−124 000	−232 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−282 000	−124 000	−232 000

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	113 000	49 000	62 000
Total Tangible Assets	113 000	49 000	62 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	113 000	49 000	62 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	66 000	2 000	104 000
Total Current Assets	88 000	2 000	179 000
Total Assets	201 000	51 000	241 000
Total Equity	−344 000	−62 000	62 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	7 000	0
Unpaid Taxes	0	0	3 000
Dividends	0	0	0
Other Current Debt	545 000	106 000	176 000
Total Current Debt	545 000	113 000	179 000
Total Equity and Debt	201 000	51 000	241 000

Financial indicators	2022	2021	2020
Return on Equity	81,98 %	200 %	−374,19 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	-	−80,52 %	−662,86 %
Current Ratio	0,16	0,02	1
Quick Ratio	0,16	0,02	1
Equity Ratio	−1,71	−1,22	0,26
Gross Profit Margin	-	100 %	100 %