NORTHERN VISION AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

42,47 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 273 000	1 805 000	1 006 000	1 222 000
Net Income	186 000	91 000	2 000	−144 000
Total Assets	857 000	574 000	450 000	302 000
Total Equity	438 000	252 000	161 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 273 000	1 805 000	1 006 000	1 222 000
Expenditure	2 082 000	1 714 000	1 004 000	1 365 000
Operating Profit	191 000	91 000	3 000	−144 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	−1 000	0
Earnings Before Tax	186 000	91 000	2 000	−144 000
Tax	0	0	0	0
Net Income	186 000	91 000	2 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	17 000	23 000	13 000
Total Current Assets	846 000	558 000	426 000	289 000
Total Assets	857 000	574 000	450 000	302 000
Total Retained Equity	319 000	133 000	42 000	40 000
Total Equity	438 000	252 000	161 000	159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	418 000	322 000	288 000	143 000
Total Equity and Debt	857 000	574 000	450 000	302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 272 000	1 805 000	1 005 000	1 222 000
Other Income	0	0	1 000	0
Revenue	2 273 000	1 805 000	1 006 000	1 222 000
Cost of Goods Sold	0	50 000	274 000	376 000
Salary Costs	658 000	668 000	161 000	54 000
Depreciation	7 000	7 000	7 000	3 000
Impairment	0	0	0	0
Expenditure	2 082 000	1 714 000	1 004 000	1 365 000
Operating Profit	191 000	91 000	3 000	−144 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	−1 000	0
Dividends	0	0	0	100 000
Net Income	186 000	91 000	2 000	−144 000

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	10 000	17 000	23 000	13 000
Total Tangible Assets	10 000	17 000	23 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	17 000	23 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	638 000	412 000	393 000	165 000
Total Current Assets	846 000	558 000	426 000	289 000
Total Assets	857 000	574 000	450 000	302 000
Total Equity	438 000	252 000	161 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	89 000	−4 000	0	34 000
Unpaid Taxes	47 000	101 000	40 000	9 000
Dividends	0	0	0	100 000
Other Current Debt	282 000	225 000	249 000	0
Total Current Debt	418 000	322 000	288 000	143 000
Total Equity and Debt	857 000	574 000	450 000	302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,47 %	36,11 %	1,24 %	−90,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,4 %	5,04 %	0,3 %	−11,78 %
Current Ratio	2,02	1,73	1,48	2,02
Quick Ratio	2,02	1,73	1,48	2,02
Equity Ratio	0,51	0,44	0,36	0,53
Gross Profit Margin	100 %	97,23 %	72,76 %	69,23 %