NORWEGIAN SERVICE TEAM INDUSTRIES AS

4262 AVALDSNES

Finances

Return on Equity

26,83 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 000	245 000	73 000	8 000
Net Income	448 000	−30 000	64 000	−117 000
Total Assets	2 323 000	1 922 000	2 061 000	1 885 000
Total Equity	1 670 000	1 222 000	1 253 000	1 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 000	245 000	73 000	8 000
Expenditure	287 000	260 000	114 000	53 000
Operating Profit	−49 000	−15 000	−41 000	−45 000
Financial Income	500 000	0	118 000	0
Financial Costs	3 000	16 000	13 000	72 000
Financial Balance	497 000	−16 000	105 000	−72 000
Earnings Before Tax	448 000	−30 000	64 000	−117 000
Tax	0	0	0	0
Net Income	448 000	−30 000	64 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 109 000	1 109 000	1 126 000	1 126 000
Total Current Assets	1 213 000	812 000	935 000	759 000
Total Assets	2 323 000	1 922 000	2 061 000	1 885 000
Total Retained Equity	1 270 000	822 000	853 000	789 000
Total Equity	1 670 000	1 222 000	1 253 000	1 189 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	652 000	699 000	808 000	696 000
Total Equity and Debt	2 323 000	1 922 000	2 061 000	1 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 000	245 000	73 000	8 000
Other Income	0	0	0	0
Revenue	238 000	245 000	73 000	8 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	287 000	260 000	114 000	53 000
Operating Profit	−49 000	−15 000	−41 000	−45 000
Financial Income	500 000	0	118 000	0
Financial Costs	3 000	16 000	13 000	72 000
Financial Balance	497 000	−16 000	105 000	−72 000
Dividends	0	0	0	0
Net Income	448 000	−30 000	64 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 109 000	1 109 000	1 126 000	1 126 000
Total Fixed Assets	1 109 000	1 109 000	1 126 000	1 126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	24 000	0	0
Total Current Assets	1 213 000	812 000	935 000	759 000
Total Assets	2 323 000	1 922 000	2 061 000	1 885 000
Total Equity	1 670 000	1 222 000	1 253 000	1 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	37 000	91 000	53 000
Unpaid Taxes	0	62 000	0	0
Dividends	0	0	0	0
Other Current Debt	612 000	600 000	717 000	643 000
Total Current Debt	652 000	699 000	808 000	696 000
Total Equity and Debt	2 323 000	1 922 000	2 061 000	1 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,83 %	−2,45 %	5,11 %	−9,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,59 %	−6,12 %	−56,16 %	−562,5 %
Current Ratio	1,86	1,16	1,16	1,09
Quick Ratio	1,86	1,16	1,16	1,09
Equity Ratio	0,72	0,64	0,61	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %