NORTRAX ENTREPRENØR AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

−51,9 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 000	352 000	154 000	0
Net Income	382 000	233 000	79 000	−168 000
Total Assets	79 000	9 000	13 000	43 000
Total Equity	−736 000	−1 119 000	−1 352 000	−1 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 000	352 000	154 000	0
Expenditure	241 000	119 000	75 000	167 000
Operating Profit	382 000	233 000	79 000	−167 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	382 000	233 000	79 000	−168 000
Tax	0	0	0	0
Net Income	382 000	233 000	79 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	38 000
Total Current Assets	79 000	9 000	13 000	6 000
Total Assets	79 000	9 000	13 000	43 000
Total Retained Equity	−836 000	−1 219 000	−1 452 000	−1 531 000
Total Equity	−736 000	−1 119 000	−1 352 000	−1 431 000
Total Long-Term Debt	572 000	605 000	605 000	546 000
Total Current Debt	243 000	523 000	760 000	929 000
Total Equity and Debt	79 000	9 000	13 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	624 000	352 000	147 000	0
Other Income	0	0	7 000	0
Revenue	624 000	352 000	154 000	0
Cost of Goods Sold	0	0	0	15 000
Salary Costs	67 000	1 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	241 000	119 000	75 000	167 000
Operating Profit	382 000	233 000	79 000	−167 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	382 000	233 000	79 000	−168 000

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	0	0	0	38 000
Total Fixed Assets	0	0	0	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	7 000	1 000	6 000
Total Current Assets	79 000	9 000	13 000	6 000
Total Assets	79 000	9 000	13 000	43 000
Total Equity	−736 000	−1 119 000	−1 352 000	−1 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	572 000	605 000	605 000	546 000
Creditors	37 000	22 000	27 000	32 000
Unpaid Taxes	52 000	23 000	26 000	14 000
Dividends	0	0	0	0
Other Current Debt	154 000	477 000	706 000	883 000
Total Current Debt	243 000	523 000	760 000	929 000
Total Equity and Debt	79 000	9 000	13 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,9 %	−20,82 %	−5,84 %	11,74 %
Debt-to-Equity Ratio	−0,78	−0,54	−0,45	−0,38
Operating Profit Margin	61,22 %	66,19 %	51,3 %	-
Current Ratio	0,33	0,02	0,02	0,01
Quick Ratio	0,33	0,02	0,02	0,01
Equity Ratio	−9,32	−124,33	−104	−33,28
Gross Profit Margin	100 %	100 %	100 %	-