NIRWECO AS

5124 MORVIK

Finances

Return on Equity

−4,54 %

Current Ratio

32,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	502 000	835 000	0
Net Income	−144 000	47 000	382 000	93 000
Total Assets	3 275 000	3 422 000	3 487 000	2 889 000
Total Equity	3 173 000	3 317 000	3 270 000	2 889 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	502 000	835 000	0
Expenditure	743 000	553 000	626 000	9 000
Operating Profit	−321 000	−51 000	209 000	−9 000
Financial Income	177 000	178 000	173 000	101 000
Financial Costs	0	67 000	0	0
Financial Balance	177 000	111 000	173 000	101 000
Earnings Before Tax	−144 000	59 000	382 000	93 000
Tax	0	12 000	0	0
Net Income	−144 000	47 000	382 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 275 000	3 422 000	3 487 000	2 889 000
Total Assets	3 275 000	3 422 000	3 487 000	2 889 000
Total Retained Equity	2 373 000	2 517 000	2 470 000	2 089 000
Total Equity	3 173 000	3 317 000	3 270 000	2 889 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	102 000	105 000	217 000	0
Total Equity and Debt	3 275 000	3 422 000	3 487 000	2 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	422 000	502 000	835 000	0
Other Income	0	1 000	0	0
Revenue	422 000	502 000	835 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	703 000	511 000	607 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	743 000	553 000	626 000	9 000
Operating Profit	−321 000	−51 000	209 000	−9 000
Financial Income	177 000	178 000	173 000	101 000
Financial Costs	0	67 000	0	0
Financial Balance	177 000	111 000	173 000	101 000
Dividends	0	0	0	0
Net Income	−144 000	47 000	382 000	93 000

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	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	3 214 000	3 066 000	2 981 000	2 824 000
Cash, Bank	61 000	356 000	506 000	65 000
Total Current Assets	3 275 000	3 422 000	3 487 000	2 889 000
Total Assets	3 275 000	3 422 000	3 487 000	2 889 000
Total Equity	3 173 000	3 317 000	3 270 000	2 889 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	36 000	45 000	160 000	0
Dividends	0	0	0	0
Other Current Debt	66 000	48 000	57 000	0
Total Current Debt	102 000	105 000	217 000	0
Total Equity and Debt	3 275 000	3 422 000	3 487 000	2 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,54 %	1,42 %	11,68 %	3,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−76,07 %	−10,16 %	25,03 %	-
Current Ratio	32,11	32,59	16,07	-
Quick Ratio	32,11	32,59	16,07	-
Equity Ratio	0,97	0,97	0,94	1
Gross Profit Margin	100 %	100 %	100 %	-