NORDIC TANK AS

1081 OSLO

Finances

Share Ownership

Return on Equity

−38,66 %

Current Ratio

4,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 127 000	15 600 000	19 516 000	47 526 000
Net Income	−1 584 000	−1 230 000	−718 000	2 564 000
Total Assets	5 161 000	6 975 000	9 868 000	15 019 000
Total Equity	4 097 000	5 681 000	6 911 000	7 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 127 000	15 600 000	19 516 000	47 526 000
Expenditure	10 604 000	16 978 000	20 511 000	44 283 000
Operating Profit	−1 477 000	−1 378 000	−996 000	3 243 000
Financial Income	52 000	257 000	200 000	380 000
Financial Costs	159 000	110 000	103 000	156 000
Financial Balance	−107 000	147 000	97 000	224 000
Earnings Before Tax	−1 584 000	−1 230 000	−900 000	3 467 000
Tax	0	0	−182 000	903 000
Net Income	−1 584 000	−1 230 000	−718 000	2 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	18 000
Total Current Assets	5 161 000	6 975 000	9 861 000	15 001 000
Total Assets	5 161 000	6 975 000	9 868 000	15 019 000
Total Retained Equity	3 597 000	5 181 000	6 411 000	7 129 000
Total Equity	4 097 000	5 681 000	6 911 000	7 629 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 064 000	1 294 000	2 957 000	7 390 000
Total Equity and Debt	5 161 000	6 975 000	9 868 000	15 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 127 000	15 600 000	19 159 000	47 526 000
Other Income	0	0	357 000	0
Revenue	9 127 000	15 600 000	19 516 000	47 526 000
Cost of Goods Sold	6 529 000	12 220 000	14 972 000	38 194 000
Salary Costs	2 690 000	2 916 000	2 967 000	3 338 000
Depreciation	0	8 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	10 604 000	16 978 000	20 511 000	44 283 000
Operating Profit	−1 477 000	−1 378 000	−996 000	3 243 000
Financial Income	52 000	257 000	200 000	380 000
Financial Costs	159 000	110 000	103 000	156 000
Financial Balance	−107 000	147 000	97 000	224 000
Dividends	0	0	0	0
Net Income	−1 584 000	−1 230 000	−718 000	2 564 000

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	8 000	18 000
Total Tangible Assets	0	0	8 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	18 000
Stock	1 643 000	1 827 000	1 711 000	7 530 000
Total Investments	0	0	0	0
Cash, Bank	3 124 000	4 819 000	5 391 000	6 510 000
Total Current Assets	5 161 000	6 975 000	9 861 000	15 001 000
Total Assets	5 161 000	6 975 000	9 868 000	15 019 000
Total Equity	4 097 000	5 681 000	6 911 000	7 629 000
Short-Term Group Debt	0	0	0	500 000
Total Long-Term Debt	0	0	0	0
Creditors	355 000	238 000	1 857 000	4 318 000
Unpaid Taxes	383 000	724 000	684 000	1 169 000
Dividends	0	0	0	0
Other Current Debt	326 000	332 000	416 000	500 000
Total Current Debt	1 064 000	1 294 000	2 957 000	7 390 000
Total Equity and Debt	5 161 000	6 975 000	9 868 000	15 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,66 %	−21,65 %	−10,39 %	33,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,18 %	−8,83 %	−5,1 %	6,82 %
Current Ratio	4,85	5,39	3,33	2,03
Quick Ratio	−8,91	−13,09	7,91	−107,15
Equity Ratio	0,79	0,81	0,7	0,51
Gross Profit Margin	28,46 %	21,67 %	23,28 %	19,64 %