NORDIC SERVICE GROUP NORWAY AS

0661 OSLO

Finances

Share Ownership

Return on Equity

4,23 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 098 000	19 210 000	17 335 000	14 612 000
Net Income	187 000	1 722 000	2 003 000	298 000
Total Assets	9 789 000	10 052 000	7 260 000	3 984 000
Total Equity	4 423 000	4 236 000	2 514 000	511 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 098 000	19 210 000	17 335 000	14 612 000
Expenditure	18 723 000	17 268 000	14 702 000	14 147 000
Operating Profit	376 000	1 941 000	2 633 000	466 000
Financial Income	246 000	535 000	21 000	16 000
Financial Costs	382 000	269 000	85 000	100 000
Financial Balance	−136 000	266 000	−64 000	−84 000
Earnings Before Tax	239 000	2 207 000	2 569 000	382 000
Tax	53 000	486 000	565 000	84 000
Net Income	187 000	1 722 000	2 003 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	68 000	91 000	253 000
Total Current Assets	9 643 000	9 984 000	7 170 000	3 731 000
Total Assets	9 789 000	10 052 000	7 260 000	3 984 000
Total Retained Equity	4 023 000	3 836 000	2 114 000	111 000
Total Equity	4 423 000	4 236 000	2 514 000	511 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 366 000	5 815 000	4 746 000	3 473 000
Total Equity and Debt	9 789 000	10 052 000	7 260 000	3 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 098 000	19 210 000	17 335 000	14 545 000
Other Income	0	0	0	67 000
Revenue	19 098 000	19 210 000	17 335 000	14 612 000
Cost of Goods Sold	6 210 000	6 944 000	7 010 000	4 898 000
Salary Costs	6 644 000	5 218 000	4 494 000	5 324 000
Depreciation	22 000	35 000	38 000	145 000
Impairment	0	0	0	0
Expenditure	18 723 000	17 268 000	14 702 000	14 147 000
Operating Profit	376 000	1 941 000	2 633 000	466 000
Financial Income	246 000	535 000	21 000	16 000
Financial Costs	382 000	269 000	85 000	100 000
Financial Balance	−136 000	266 000	−64 000	−84 000
Dividends	0	0	0	0
Net Income	187 000	1 722 000	2 003 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	62 000	50 000	175 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	88 000	5 000	40 000	78 000
Total Tangible Assets	88 000	5 000	40 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	68 000	91 000	253 000
Stock	760 000	867 000	758 000	678 000
Total Investments	0	0	0	0
Cash, Bank	856 000	2 094 000	1 119 000	236 000
Total Current Assets	9 643 000	9 984 000	7 170 000	3 731 000
Total Assets	9 789 000	10 052 000	7 260 000	3 984 000
Total Equity	4 423 000	4 236 000	2 514 000	511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 020 000	1 974 000	3 024 000	1 745 000
Unpaid Taxes	1 232 000	1 085 000	737 000	742 000
Dividends	0	0	0	0
Other Current Debt	1 066 000	2 258 000	544 000	826 000
Total Current Debt	5 366 000	5 815 000	4 746 000	3 473 000
Total Equity and Debt	9 789 000	10 052 000	7 260 000	3 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,23 %	40,65 %	79,67 %	58,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,97 %	10,1 %	15,19 %	3,19 %
Current Ratio	1,8	1,72	1,51	1,07
Quick Ratio	2,09	2,02	1,8	1,33
Equity Ratio	0,45	0,42	0,35	0,13
Gross Profit Margin	67,48 %	63,85 %	59,56 %	66,48 %