NORDEN CORPORATE FINANCE AS

1177 OSLO

Finances

Return on Equity

18,45 %

Current Ratio

27,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	207 000
Net Income	3 319 000	1 467 000	4 493 000	1 578 000
Total Assets	18 236 000	15 057 000	17 248 000	14 501 000
Total Equity	17 991 000	14 822 000	16 405 000	13 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	207 000
Expenditure	194 000	2 354 000	−3 551 000	−319 000
Operating Profit	−194 000	−2 354 000	3 551 000	525 000
Financial Income	4 723 000	3 822 000	1 456 000	1 053 000
Financial Costs	1 211 000	0	513 000	0
Financial Balance	3 512 000	3 822 000	943 000	1 053 000
Earnings Before Tax	3 319 000	1 467 000	4 493 000	1 578 000
Tax	0	0	0	0
Net Income	3 319 000	1 467 000	4 493 000	1 578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 517 000	10 770 000	9 478 000	9 213 000
Total Current Assets	6 718 000	4 287 000	7 770 000	5 288 000
Total Assets	18 236 000	15 057 000	17 248 000	14 501 000
Total Retained Equity	5 488 000	2 319 000	1 002 000	−3 342 000
Total Equity	17 991 000	14 822 000	16 405 000	13 861 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	245 000	235 000	843 000	639 000
Total Equity and Debt	18 236 000	15 057 000	17 248 000	14 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	207 000
Other Income	0	0	0	0
Revenue	0	0	0	207 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 000	49 000	49 000
Depreciation	0	0	0	0
Impairment	141 000	0	0	0
Expenditure	194 000	2 354 000	−3 551 000	−319 000
Operating Profit	−194 000	−2 354 000	3 551 000	525 000
Financial Income	4 723 000	3 822 000	1 456 000	1 053 000
Financial Costs	1 211 000	0	513 000	0
Financial Balance	3 512 000	3 822 000	943 000	1 053 000
Dividends	0	0	0	0
Net Income	3 319 000	1 467 000	4 493 000	1 578 000

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	141 000	141 000	141 000
Total Tangible Assets	0	141 000	141 000	141 000
Total Fiancial Fixed Assets	11 517 000	10 629 000	9 338 000	9 072 000
Total Fixed Assets	11 517 000	10 770 000	9 478 000	9 213 000
Stock	0	0	0	0
Total Investments	1 965 000	2 886 000	2 172 000	1 931 000
Cash, Bank	2 641 000	471 000	1 997 000	842 000
Total Current Assets	6 718 000	4 287 000	7 770 000	5 288 000
Total Assets	18 236 000	15 057 000	17 248 000	14 501 000
Total Equity	17 991 000	14 822 000	16 405 000	13 861 000
Short-Term Group Debt	150 000	150 000	150 000	250 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	95 000	85 000	693 000	390 000
Total Current Debt	245 000	235 000	843 000	639 000
Total Equity and Debt	18 236 000	15 057 000	17 248 000	14 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,45 %	9,9 %	27,39 %	11,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	253,62 %
Current Ratio	27,42	18,24	9,22	8,28
Quick Ratio	27,42	18,24	9,22	8,28
Equity Ratio	0,99	0,98	0,95	0,96
Gross Profit Margin	-	-	-	100 %