NORDTRADE ASSURANCE AS

9008 TROMSØ

Finances

Return on Equity

1 361,72 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	264 000	1 498 000	1 600 000
Net Income	27 711 000	202 000	1 151 000	2 265 000
Total Assets	3 146 000	16 431 000	19 630 000	19 103 000
Total Equity	2 035 000	14 081 000	13 941 000	12 790 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	264 000	1 498 000	1 600 000
Expenditure	190 000	19 000	59 000	65 000
Operating Profit	−40 000	245 000	1 438 000	1 534 000
Financial Income	27 752 000	16 000	41 000	1 099 000
Financial Costs	0	1 000	1 000	0
Financial Balance	27 752 000	15 000	40 000	1 099 000
Earnings Before Tax	27 712 000	260 000	1 478 000	2 633 000
Tax	1 000	58 000	327 000	368 000
Net Income	27 711 000	202 000	1 151 000	2 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	7 084 000	7 615 000	7 038 000
Total Current Assets	2 145 000	9 347 000	12 015 000	12 064 000
Total Assets	3 146 000	16 431 000	19 630 000	19 103 000
Total Retained Equity	0	7 987 000	7 847 000	6 696 000
Total Equity	2 035 000	14 081 000	13 941 000	12 790 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 110 000	2 350 000	5 689 000	6 313 000
Total Equity and Debt	3 146 000	16 431 000	19 630 000	19 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	264 000	1 363 000	1 250 000
Other Income	0	0	135 000	350 000
Revenue	150 000	264 000	1 498 000	1 600 000
Cost of Goods Sold	150 000	0	4 000	0
Salary Costs	12 000	12 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	190 000	19 000	59 000	65 000
Operating Profit	−40 000	245 000	1 438 000	1 534 000
Financial Income	27 752 000	16 000	41 000	1 099 000
Financial Costs	0	1 000	1 000	0
Financial Balance	27 752 000	15 000	40 000	1 099 000
Dividends	0	0	0	2 000 000
Net Income	27 711 000	202 000	1 151 000	2 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000 000	7 084 000	7 615 000	7 038 000
Total Fixed Assets	1 000 000	7 084 000	7 615 000	7 038 000
Stock	0	150 000	150 000	150 000
Total Investments	0	0	0	0
Cash, Bank	2 145 000	9 197 000	11 252 000	10 663 000
Total Current Assets	2 145 000	9 347 000	12 015 000	12 064 000
Total Assets	3 146 000	16 431 000	19 630 000	19 103 000
Total Equity	2 035 000	14 081 000	13 941 000	12 790 000
Short-Term Group Debt	1 092 000	61 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	0	32 000	1 000
Unpaid Taxes	0	0	109 000	0
Dividends	0	0	0	2 000 000
Other Current Debt	1 000	2 231 000	5 220 000	3 944 000
Total Current Debt	1 110 000	2 350 000	5 689 000	6 313 000
Total Equity and Debt	3 146 000	16 431 000	19 630 000	19 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 361,72 %	1,43 %	8,26 %	17,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−26,67 %	92,8 %	95,99 %	95,88 %
Current Ratio	1,93	3,98	2,11	1,91
Quick Ratio	1,93	4,25	2,17	1,96
Equity Ratio	0,65	0,86	0,71	0,67
Gross Profit Margin	0 %	100 %	99,73 %	100 %