NORDNES ENDE AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

−5,99 %

Current Ratio

1,35

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 613 000	1 087 000	665 000	766 000
Net Income	338 000	−630 000	−606 000	−342 000
Total Assets	1 026 000	714 000	1 571 000	2 233 000
Total Equity	−5 641 000	−5 980 000	−5 350 000	−4 744 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 613 000	1 087 000	665 000	766 000
Expenditure	972 000	1 491 000	741 000	631 000
Operating Profit	640 000	−402 000	−77 000	135 000
Financial Income	0	0	0	300 000
Financial Costs	302 000	228 000	529 000	777 000
Financial Balance	−302 000	−228 000	−529 000	−477 000
Earnings Before Tax	338 000	−630 000	−606 000	−342 000
Tax	0	0	0	0
Net Income	338 000	−630 000	−606 000	−342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	613 000	609 000	1 513 000	2 217 000
Total Current Assets	413 000	105 000	58 000	17 000
Total Assets	1 026 000	714 000	1 571 000	2 233 000
Total Retained Equity	−5 966 000	−6 305 000	−5 675 000	−5 069 000
Total Equity	−5 641 000	−5 980 000	−5 350 000	−4 744 000
Total Long-Term Debt	6 360 000	6 360 000	6 481 000	6 481 000
Total Current Debt	307 000	333 000	440 000	496 000
Total Equity and Debt	1 026 000	714 000	1 571 000	2 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	771 000	207 000	0	0
Other Income	841 000	881 000	665 000	766 000
Revenue	1 613 000	1 087 000	665 000	766 000
Cost of Goods Sold	214 000	6 000	0	0
Salary Costs	159 000	949 000	0	0
Depreciation	0	0	198 000	29 000
Impairment	0	0	0	0
Expenditure	972 000	1 491 000	741 000	631 000
Operating Profit	640 000	−402 000	−77 000	135 000
Financial Income	0	0	0	300 000
Financial Costs	302 000	228 000	529 000	777 000
Financial Balance	−302 000	−228 000	−529 000	−477 000
Dividends	0	0	0	0
Net Income	338 000	−630 000	−606 000	−342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	613 000	609 000	609 000	639 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	613 000	609 000	609 000	957 000
Total Fiancial Fixed Assets	0	0	904 000	1 260 000
Total Fixed Assets	613 000	609 000	1 513 000	2 217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	344 000	35 000	58 000	17 000
Total Current Assets	413 000	105 000	58 000	17 000
Total Assets	1 026 000	714 000	1 571 000	2 233 000
Total Equity	−5 641 000	−5 980 000	−5 350 000	−4 744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 360 000	6 360 000	6 481 000	6 481 000
Creditors	39 000	57 000	47 000	45 000
Unpaid Taxes	194 000	105 000	0	0
Dividends	0	0	0	0
Other Current Debt	73 000	172 000	0	22 000
Total Current Debt	307 000	333 000	440 000	496 000
Total Equity and Debt	1 026 000	714 000	1 571 000	2 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,99 %	10,54 %	11,33 %	7,21 %
Debt-to-Equity Ratio	−1,13	−1,06	−1,21	−1,37
Operating Profit Margin	39,68 %	−36,98 %	−11,58 %	17,62 %
Current Ratio	1,35	0,32	0,13	0,03
Quick Ratio	1,35	0,32	0,13	0,03
Equity Ratio	−5,5	−8,38	−3,41	−2,12
Gross Profit Margin	86,73 %	99,45 %	100 %	100 %