NORWEGIAN TRADE CON AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

−99,42 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 262 000	1 328 000	1 287 000	274 000
Net Income	−516 000	154 000	−174 000	−277 000
Total Assets	923 000	1 342 000	1 336 000	1 332 000
Total Equity	519 000	1 034 000	880 000	1 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 262 000	1 328 000	1 287 000	274 000
Expenditure	1 662 000	1 141 000	1 600 000	559 000
Operating Profit	−401 000	187 000	−313 000	−284 000
Financial Income	3 000	9 000	4 000	7 000
Financial Costs	24 000	0	0	0
Financial Balance	−21 000	9 000	4 000	7 000
Earnings Before Tax	−422 000	196 000	−309 000	−277 000
Tax	93 000	42 000	−135 000	0
Net Income	−516 000	154 000	−174 000	−277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	426 000	519 000	561 000	426 000
Total Current Assets	497 000	823 000	775 000	906 000
Total Assets	923 000	1 342 000	1 336 000	1 332 000
Total Retained Equity	419 000	934 000	780 000	954 000
Total Equity	519 000	1 034 000	880 000	1 054 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	404 000	308 000	456 000	277 000
Total Equity and Debt	923 000	1 342 000	1 336 000	1 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 262 000	1 328 000	1 287 000	274 000
Other Income	0	0	0	0
Revenue	1 262 000	1 328 000	1 287 000	274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 563 000	1 071 000	1 386 000	485 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 662 000	1 141 000	1 600 000	559 000
Operating Profit	−401 000	187 000	−313 000	−284 000
Financial Income	3 000	9 000	4 000	7 000
Financial Costs	24 000	0	0	0
Financial Balance	−21 000	9 000	4 000	7 000
Dividends	0	0	0	0
Net Income	−516 000	154 000	−174 000	−277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	93 000	135 000	0
Real Eastate	426 000	426 000	426 000	426 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	426 000	426 000	426 000	426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	426 000	519 000	561 000	426 000
Stock	0	0	0	0
Total Investments	233 000	257 000	0	0
Cash, Bank	117 000	431 000	569 000	767 000
Total Current Assets	497 000	823 000	775 000	906 000
Total Assets	923 000	1 342 000	1 336 000	1 332 000
Total Equity	519 000	1 034 000	880 000	1 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	13 000	0
Unpaid Taxes	160 000	156 000	179 000	199 000
Dividends	0	0	0	0
Other Current Debt	244 000	151 000	264 000	78 000
Total Current Debt	404 000	308 000	456 000	277 000
Total Equity and Debt	923 000	1 342 000	1 336 000	1 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,42 %	14,89 %	−19,77 %	−26,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−31,77 %	14,08 %	−24,32 %	−103,65 %
Current Ratio	1,23	2,67	1,7	3,27
Quick Ratio	1,23	2,67	1,7	3,27
Equity Ratio	0,56	0,77	0,66	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %