NORWEGIAN BANKING AS

3120 NØTTERØY

Finances

Return on Equity

102,43 %

Current Ratio

8,81

Debt-to-Equity Ratio

−37,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	539 000	124 000	30 000	0
Net Income	−253 000	−430 000	30 000	0
Total Assets	9 085 000	8 193 000	242 000	242 000
Total Equity	−247 000	6 000	−563 000	−563 000

Income (NOK)	2022	2021	2020
Revenue	539 000	124 000	30 000
Expenditure	423 000	485 000	0
Operating Profit	115 000	−361 000	30 000
Financial Income	0	0	0
Financial Costs	369 000	70 000	0
Financial Balance	−369 000	−70 000	0
Earnings Before Tax	−253 000	−430 000	30 000
Tax	0	0	0
Net Income	−253 000	−430 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 001 000	8 064 000	224 000	224 000
Total Current Assets	1 084 000	129 000	18 000	18 000
Total Assets	9 085 000	8 193 000	242 000	242 000
Total Retained Equity	−1 347 000	−1 094 000	−663 000	−663 000
Total Equity	−247 000	6 000	−563 000	−563 000
Total Long-Term Debt	9 209 000	7 720 000	765 000	765 000
Total Current Debt	123 000	466 000	40 000	40 000
Total Equity and Debt	9 085 000	8 193 000	242 000	242 000

Cash flow (NOK)	2022	2021	2020
Sales Income	155 000	0	30 000
Other Income	385 000	124 000	0
Revenue	539 000	124 000	30 000
Cost of Goods Sold	0	10 000	0
Salary Costs	0	0	0
Depreciation	164 000	36 000	0
Impairment	0	118 000	0
Expenditure	423 000	485 000	0
Operating Profit	115 000	−361 000	30 000
Financial Income	0	0	0
Financial Costs	369 000	70 000	0
Financial Balance	−369 000	−70 000	0
Dividends	0	0	0
Net Income	−253 000	−430 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 777 000	7 914 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	94 000	94 000
Total Tangible Assets	7 777 000	7 914 000	94 000	94 000
Total Fiancial Fixed Assets	224 000	150 000	130 000	130 000
Total Fixed Assets	8 001 000	8 064 000	224 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	890 000	79 000	18 000	18 000
Total Current Assets	1 084 000	129 000	18 000	18 000
Total Assets	9 085 000	8 193 000	242 000	242 000
Total Equity	−247 000	6 000	−563 000	−563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 209 000	7 720 000	765 000	765 000
Creditors	0	62 000	39 000	39 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	122 000	404 000	0	0
Total Current Debt	123 000	466 000	40 000	40 000
Total Equity and Debt	9 085 000	8 193 000	242 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,43 %	−7 166,67 %	−5,33 %	−0 %
Debt-to-Equity Ratio	−37,28	1 286,67	−1,36	−1,36
Operating Profit Margin	21,34 %	−291,13 %	100 %	-
Current Ratio	8,81	0,28	0,45	0,45
Quick Ratio	8,81	0,28	0,45	0,45
Equity Ratio	−0,03	0	−2,33	−2,33
Gross Profit Margin	100 %	91,94 %	100 %	-