NORDEN ASSURANCE AS

0377 OSLO

Finances

Share Ownership

Return on Equity

−16,33 %

Current Ratio

2,58

Debt-to-Equity Ratio

5,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	27 000	9 025 000
Net Income	−16 000	−150 000	−31 000	3 017 000
Total Assets	1 070 000	1 302 000	4 481 000	7 142 000
Total Equity	98 000	113 000	563 000	3 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	27 000	9 025 000
Expenditure	22 000	58 000	128 000	5 194 000
Operating Profit	−22 000	−58 000	−101 000	3 831 000
Financial Income	2 000	29 000	61 000	61 000
Financial Costs	0	134 000	1 000	56 000
Financial Balance	2 000	−105 000	60 000	5 000
Earnings Before Tax	−20 000	−162 000	−40 000	3 836 000
Tax	−4 000	−12 000	−9 000	819 000
Net Income	−16 000	−150 000	−31 000	3 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 070 000	1 302 000	4 481 000	7 142 000
Total Assets	1 070 000	1 302 000	4 481 000	7 142 000
Total Retained Equity	−2 000	13 000	463 000	3 364 000
Total Equity	98 000	113 000	563 000	3 464 000
Total Long-Term Debt	557 000	696 000	870 000	1 026 000
Total Current Debt	415 000	492 000	3 047 000	2 652 000
Total Equity and Debt	1 070 000	1 302 000	4 481 000	7 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 000	6 504 000
Other Income	0	0	25 000	2 522 000
Revenue	0	0	27 000	9 025 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	3 567 000
Depreciation	0	0	0	325 000
Impairment	0	0	0	0
Expenditure	22 000	58 000	128 000	5 194 000
Operating Profit	−22 000	−58 000	−101 000	3 831 000
Financial Income	2 000	29 000	61 000	61 000
Financial Costs	0	134 000	1 000	56 000
Financial Balance	2 000	−105 000	60 000	5 000
Dividends	0	300 000	0	1 500 000
Net Income	−16 000	−150 000	−31 000	3 017 000

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	0	0	0	0
Cash, Bank	45 000	1 282 000	4 469 000	6 198 000
Total Current Assets	1 070 000	1 302 000	4 481 000	7 142 000
Total Assets	1 070 000	1 302 000	4 481 000	7 142 000
Total Equity	98 000	113 000	563 000	3 464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	557 000	696 000	870 000	1 026 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	10 000
Dividends	0	300 000	0	1 500 000
Other Current Debt	281 000	31 000	2 901 000	1 812 000
Total Current Debt	415 000	492 000	3 047 000	2 652 000
Total Equity and Debt	1 070 000	1 302 000	4 481 000	7 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,33 %	−132,74 %	−5,51 %	87,1 %
Debt-to-Equity Ratio	5,68	6,16	1,55	0,3
Operating Profit Margin	-	-	−374,07 %	42,45 %
Current Ratio	2,58	2,65	1,47	2,69
Quick Ratio	2,58	2,65	1,47	2,69
Equity Ratio	0,09	0,09	0,13	0,49
Gross Profit Margin	-	-	100 %	100 %