NORWEGIAN SERVICE TEAM CONTRACTING AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

−15,56 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 764 000	1 875 000	1 113 000	2 437 000
Net Income	47 000	−100 000	−324 000	217 000
Total Assets	2 145 000	2 230 000	2 075 000	2 341 000
Total Equity	−302 000	−349 000	−248 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 764 000	1 875 000	1 113 000	2 437 000
Expenditure	1 377 000	1 769 000	1 080 000	1 844 000
Operating Profit	174 000	20 000	−177 000	334 000
Financial Income	4 000	0	0	3 000
Financial Costs	131 000	121 000	147 000	120 000
Financial Balance	−127 000	−121 000	−147 000	−117 000
Earnings Before Tax	47 000	−100 000	−324 000	217 000
Tax	0	0	0	0
Net Income	47 000	−100 000	−324 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	226 000	193 000	240 000
Total Current Assets	1 974 000	2 004 000	1 882 000	2 102 000
Total Assets	2 145 000	2 230 000	2 075 000	2 341 000
Total Retained Equity	−2 010 000	−2 057 000	−1 957 000	−1 633 000
Total Equity	−302 000	−349 000	−248 000	75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 447 000	2 579 000	2 324 000	2 266 000
Total Equity and Debt	2 145 000	2 230 000	2 075 000	2 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 764 000	1 872 000	1 113 000	2 421 000
Other Income	0	3 000	0	17 000
Revenue	1 764 000	1 875 000	1 113 000	2 437 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 071 000	1 358 000	710 000	1 683 000
Depreciation	55 000	60 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	1 377 000	1 769 000	1 080 000	1 844 000
Operating Profit	174 000	20 000	−177 000	334 000
Financial Income	4 000	0	0	3 000
Financial Costs	131 000	121 000	147 000	120 000
Financial Balance	−127 000	−121 000	−147 000	−117 000
Dividends	0	0	0	0
Net Income	47 000	−100 000	−324 000	217 000

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	171 000	226 000	193 000	240 000
Total Tangible Assets	171 000	226 000	193 000	240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	171 000	226 000	193 000	240 000
Stock	89 000	133 000	103 000	130 000
Total Investments	0	0	0	0
Cash, Bank	28 000	29 000	41 000	6 000
Total Current Assets	1 974 000	2 004 000	1 882 000	2 102 000
Total Assets	2 145 000	2 230 000	2 075 000	2 341 000
Total Equity	−302 000	−349 000	−248 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	457 000	583 000	566 000	583 000
Unpaid Taxes	93 000	258 000	172 000	101 000
Dividends	0	0	0	0
Other Current Debt	396 000	216 000	68 000	109 000
Total Current Debt	2 447 000	2 579 000	2 324 000	2 266 000
Total Equity and Debt	2 145 000	2 230 000	2 075 000	2 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,56 %	28,65 %	130,65 %	289,33 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	9,86 %	1,07 %	−15,9 %	13,71 %
Current Ratio	0,81	0,78	0,81	0,93
Quick Ratio	0,84	0,82	0,85	0,98
Equity Ratio	−0,14	−0,16	−0,12	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %