NORFIN AS

1338 SANDVIKA

Finances

Return on Equity

−17,83 %

Current Ratio

Debt-to-Equity Ratio

2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	−6 000	329 000	0
Net Income	−1 323 000	−314 000	316 000	−6 929 000
Total Assets	162 532 000	75 247 000	130 349 000	172 848 000
Total Equity	7 422 000	9 291 000	14 351 000	14 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	−6 000	329 000	0
Expenditure	119 000	211 000	48 000	160 000
Operating Profit	−119 000	−217 000	281 000	−160 000
Financial Income	283 000	912 000	1 857 000	3 810 000
Financial Costs	1 861 000	1 095 000	1 733 000	10 074 000
Financial Balance	−1 578 000	−183 000	124 000	−6 264 000
Earnings Before Tax	−1 697 000	−400 000	406 000	−6 424 000
Tax	−373 000	−86 000	89 000	506 000
Net Income	−1 323 000	−314 000	316 000	−6 929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 532 000	75 247 000	126 535 000	167 377 000
Total Current Assets	0	0	3 813 000	5 472 000
Total Assets	162 532 000	75 247 000	130 349 000	172 848 000
Total Retained Equity	7 022 000	8 891 000	13 951 000	13 612 000
Total Equity	7 422 000	9 291 000	14 351 000	14 012 000
Total Long-Term Debt	18 738 000	18 573 000	12 407 000	63 155 000
Total Current Debt	136 371 000	47 383 000	103 591 000	95 682 000
Total Equity and Debt	162 532 000	75 247 000	130 349 000	172 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−6 000	0	0
Other Income	0	0	329 000	0
Revenue	0	−6 000	329 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	119 000	211 000	48 000	160 000
Operating Profit	−119 000	−217 000	281 000	−160 000
Financial Income	283 000	912 000	1 857 000	3 810 000
Financial Costs	1 861 000	1 095 000	1 733 000	10 074 000
Financial Balance	−1 578 000	−183 000	124 000	−6 264 000
Dividends	0	0	0	0
Net Income	−1 323 000	−314 000	316 000	−6 929 000

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	162 532 000	75 247 000	126 535 000	167 377 000
Total Fixed Assets	162 532 000	75 247 000	126 535 000	167 377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	3 733 000	5 313 000
Total Current Assets	0	0	3 813 000	5 472 000
Total Assets	162 532 000	75 247 000	130 349 000	172 848 000
Total Equity	7 422 000	9 291 000	14 351 000	14 012 000
Short-Term Group Debt	130 306 000	45 966 000	101 465 000	91 585 000
Total Long-Term Debt	18 738 000	18 573 000	12 407 000	63 155 000
Creditors	0	8 000	0	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 686 000	0	0	1 076 000
Total Current Debt	136 371 000	47 383 000	103 591 000	95 682 000
Total Equity and Debt	162 532 000	75 247 000	130 349 000	172 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,83 %	−3,38 %	2,2 %	−49,45 %
Debt-to-Equity Ratio	2,52	2	0,86	4,51
Operating Profit Margin	-	3 616,67 %	85,41 %	-
Current Ratio	0	0	0,04	0,06
Quick Ratio	0	0	0,04	0,06
Equity Ratio	0,05	0,12	0,11	0,08
Gross Profit Margin	-	100 %	100 %	-