NORDICSEARCH AS

0250 OSLO

Finances

Share Ownership

Return on Equity

0,78 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 871 000	2 794 000	4 092 000	3 174 000
Net Income	5 000	45 000	22 000	502 000
Total Assets	1 231 000	1 093 000	732 000	1 208 000
Total Equity	639 000	644 000	599 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 871 000	2 794 000	4 092 000	3 174 000
Expenditure	3 835 000	2 719 000	4 038 000	2 508 000
Operating Profit	37 000	75 000	54 000	666 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	4 000	6 000
Financial Balance	−3 000	−3 000	−4 000	−6 000
Earnings Before Tax	34 000	71 000	51 000	660 000
Tax	29 000	26 000	29 000	158 000
Net Income	5 000	45 000	22 000	502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	127 000	199 000	187 000
Total Current Assets	1 109 000	966 000	532 000	1 021 000
Total Assets	1 231 000	1 093 000	732 000	1 208 000
Total Retained Equity	419 000	424 000	379 000	357 000
Total Equity	639 000	644 000	599 000	577 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	592 000	450 000	133 000	631 000
Total Equity and Debt	1 231 000	1 093 000	732 000	1 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 871 000	2 794 000	4 092 000	3 131 000
Other Income	0	0	0	43 000
Revenue	3 871 000	2 794 000	4 092 000	3 174 000
Cost of Goods Sold	2 421 000	1 361 000	2 491 000	1 145 000
Salary Costs	10 000	5 000	20 000	23 000
Depreciation	6 000	6 000	6 000	5 000
Impairment	0	65 000	0	135 000
Expenditure	3 835 000	2 719 000	4 038 000	2 508 000
Operating Profit	37 000	75 000	54 000	666 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	4 000	6 000
Financial Balance	−3 000	−3 000	−4 000	−6 000
Dividends	0	0	0	0
Net Income	5 000	45 000	22 000	502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	106 000	104 000	171 000	171 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	23 000	29 000	17 000
Total Tangible Assets	17 000	23 000	29 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	122 000	127 000	199 000	187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	408 000	355 000	167 000	135 000
Total Current Assets	1 109 000	966 000	532 000	1 021 000
Total Assets	1 231 000	1 093 000	732 000	1 208 000
Total Equity	639 000	644 000	599 000	577 000
Short-Term Group Debt	12 000	0	0	396 000
Total Long-Term Debt	0	0	0	0
Creditors	551 000	410 000	82 000	75 000
Unpaid Taxes	3 000	16 000	23 000	88 000
Dividends	0	0	0	0
Other Current Debt	−1 000	−1 000	−1 000	3 000
Total Current Debt	592 000	450 000	133 000	631 000
Total Equity and Debt	1 231 000	1 093 000	732 000	1 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,78 %	6,99 %	3,67 %	87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,96 %	2,68 %	1,32 %	20,98 %
Current Ratio	1,87	2,15	4	1,62
Quick Ratio	1,87	2,15	4	1,62
Equity Ratio	0,52	0,59	0,82	0,48
Gross Profit Margin	37,46 %	51,29 %	39,13 %	63,93 %