NORDIC CHOICE COMMERCIAL SERVICES AS

0264 OSLO

Finances

Share Ownership

Return on Equity

56,17 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	469 414 000	313 277 000	293 533 000	460 508 000
Net Income	87 530 000	58 907 000	20 720 000	73 579 000
Total Assets	541 427 000	314 836 000	321 998 000	360 620 000
Total Equity	155 819 000	21 618 000	19 613 000	42 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	469 414 000	313 277 000	293 533 000	460 508 000
Expenditure	317 179 000	223 672 000	271 929 000	398 852 000
Operating Profit	152 235 000	89 604 000	21 605 000	61 656 000
Financial Income	10 408 000	2 870 000	14 909 000	51 291 000
Financial Costs	48 276 000	14 297 000	6 668 000	24 331 000
Financial Balance	−37 868 000	−11 427 000	8 241 000	26 960 000
Earnings Before Tax	114 367 000	78 177 000	29 846 000	88 616 000
Tax	26 837 000	19 270 000	9 126 000	15 037 000
Net Income	87 530 000	58 907 000	20 720 000	73 579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 849 000	109 541 000	113 503 000	111 695 000
Total Current Assets	428 578 000	205 295 000	208 495 000	248 925 000
Total Assets	541 427 000	314 836 000	321 998 000	360 620 000
Total Retained Equity	−93 861 000	−74 562 000	−76 567 000	−53 410 000
Total Equity	155 819 000	21 618 000	19 613 000	42 770 000
Total Long-Term Debt	122 572 000	107 933 000	123 101 000	108 499 000
Total Current Debt	263 036 000	185 286 000	179 284 000	209 350 000
Total Equity and Debt	541 427 000	314 836 000	321 998 000	360 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	469 414 000	313 277 000	293 533 000	460 508 000
Revenue	469 414 000	313 277 000	293 533 000	460 508 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 738 000	42 061 000	44 959 000	74 960 000
Depreciation	180 000	741 000	1 450 000	8 639 000
Impairment	0	0	0	0
Expenditure	317 179 000	223 672 000	271 929 000	398 852 000
Operating Profit	152 235 000	89 604 000	21 605 000	61 656 000
Financial Income	10 408 000	2 870 000	14 909 000	51 291 000
Financial Costs	48 276 000	14 297 000	6 668 000	24 331 000
Financial Balance	−37 868 000	−11 427 000	8 241 000	26 960 000
Dividends	0	0	0	0
Net Income	87 530 000	58 907 000	20 720 000	73 579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 866 000	23 572 000	26 793 000	23 544 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	348 000	334 000	1 075 000	2 516 000
Total Tangible Assets	348 000	334 000	1 075 000	2 516 000
Total Fiancial Fixed Assets	85 635 000	85 635 000	85 635 000	85 635 000
Total Fixed Assets	112 849 000	109 541 000	113 503 000	111 695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	67 000	67 000	67 000
Total Current Assets	428 578 000	205 295 000	208 495 000	248 925 000
Total Assets	541 427 000	314 836 000	321 998 000	360 620 000
Total Equity	155 819 000	21 618 000	19 613 000	42 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	122 572 000	107 933 000	123 101 000	108 499 000
Creditors	21 081 000	32 479 000	41 380 000	11 503 000
Unpaid Taxes	4 389 000	2 054 000	2 598 000	5 347 000
Dividends	0	0	0	0
Other Current Debt	237 566 000	150 753 000	135 306 000	192 500 000
Total Current Debt	263 036 000	185 286 000	179 284 000	209 350 000
Total Equity and Debt	541 427 000	314 836 000	321 998 000	360 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,17 %	272,49 %	105,64 %	172,03 %
Debt-to-Equity Ratio	0,79	4,99	6,28	2,54
Operating Profit Margin	32,43 %	28,6 %	7,36 %	13,39 %
Current Ratio	1,63	1,11	1,16	1,19
Quick Ratio	1,63	1,11	1,16	1,19
Equity Ratio	0,29	0,07	0,06	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %