NORTHMAN AS

1633 GAMLE FREDRIKSTAD

Finances

Return on Equity

−27,59 %

Current Ratio

1,61

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	979 000	1 032 000	504 000	59 332 000
Net Income	−13 369 000	−5 121 000	9 040 000	−12 291 000
Total Assets	214 695 000	101 216 000	98 738 000	280 912 000
Total Equity	48 458 000	38 292 000	46 406 000	5 864 000

Income (NOK)	2022	2021	2020	2019
Revenue	979 000	1 032 000	504 000	59 332 000
Expenditure	18 499 000	8 046 000	736 000	63 645 000
Operating Profit	−17 519 000	−7 014 000	−231 000	−4 314 000
Financial Income	8 619 000	6 675 000	15 320 000	2 664 000
Financial Costs	5 457 000	4 049 000	4 970 000	11 324 000
Financial Balance	3 162 000	2 626 000	10 350 000	−8 660 000
Earnings Before Tax	−14 357 000	−4 389 000	10 119 000	−12 973 000
Tax	−988 000	732 000	1 080 000	−682 000
Net Income	−13 369 000	−5 121 000	9 040 000	−12 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 327 000	88 876 000	61 537 000	191 789 000
Total Current Assets	11 368 000	12 340 000	37 200 000	89 123 000
Total Assets	214 695 000	101 216 000	98 738 000	280 912 000
Total Retained Equity	18 138 000	35 872 000	43 986 000	3 444 000
Total Equity	48 458 000	38 292 000	46 406 000	5 864 000
Total Long-Term Debt	159 172 000	53 691 000	41 729 000	216 351 000
Total Current Debt	7 065 000	9 233 000	10 603 000	58 697 000
Total Equity and Debt	214 695 000	101 216 000	98 738 000	280 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	857 000	898 000	110 000	41 527 000
Other Income	122 000	133 000	394 000	17 805 000
Revenue	979 000	1 032 000	504 000	59 332 000
Cost of Goods Sold	110 000	56 000	0	43 557 000
Salary Costs	2 462 000	1 679 000	12 000	6 839 000
Depreciation	85 000	72 000	28 000	3 999 000
Impairment	0	0	0	0
Expenditure	18 499 000	8 046 000	736 000	63 645 000
Operating Profit	−17 519 000	−7 014 000	−231 000	−4 314 000
Financial Income	8 619 000	6 675 000	15 320 000	2 664 000
Financial Costs	5 457 000	4 049 000	4 970 000	11 324 000
Financial Balance	3 162 000	2 626 000	10 350 000	−8 660 000
Dividends	1 006 000	2 993 000	344 000	200 000
Net Income	−13 369 000	−5 121 000	9 040 000	−12 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	978 000	0	0	0
Real Eastate	3 819 000	3 727 000	3 727 000	187 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	216 000	271 000	912 000
Total Tangible Assets	4 071 000	3 943 000	3 998 000	187 932 000
Total Fiancial Fixed Assets	198 277 000	84 933 000	57 539 000	3 857 000
Total Fixed Assets	203 327 000	88 876 000	61 537 000	191 789 000
Stock	474 000	474 000	474 000	74 236 000
Total Investments	0	0	0	0
Cash, Bank	192 000	702 000	8 346 000	6 963 000
Total Current Assets	11 368 000	12 340 000	37 200 000	89 123 000
Total Assets	214 695 000	101 216 000	98 738 000	280 912 000
Total Equity	48 458 000	38 292 000	46 406 000	5 864 000
Short-Term Group Debt	0	0	0	1 192 000
Total Long-Term Debt	159 172 000	53 691 000	41 729 000	216 351 000
Creditors	215 000	85 000	99 000	11 636 000
Unpaid Taxes	222 000	331 000	97 000	1 048 000
Dividends	1 006 000	2 993 000	344 000	200 000
Other Current Debt	1 766 000	8 818 000	10 406 000	8 982 000
Total Current Debt	7 065 000	9 233 000	10 603 000	58 697 000
Total Equity and Debt	214 695 000	101 216 000	98 738 000	280 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,59 %	−13,37 %	19,48 %	−209,6 %
Debt-to-Equity Ratio	3,28	1,4	0,9	36,89
Operating Profit Margin	−1 789,48 %	−679,65 %	−45,83 %	−7,27 %
Current Ratio	1,61	1,34	3,51	1,52
Quick Ratio	1,72	1,41	3,67	−5,74
Equity Ratio	0,23	0,38	0,47	0,02
Gross Profit Margin	88,76 %	94,57 %	100 %	26,59 %