NORWAY REGISTERS DEVELOPMENT AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

−18,99 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	35 291 000	45 336 000	30 857 000	32 560 000
Net Income	−1 174 000	731 000	922 000	1 826 000
Total Assets	25 189 000	46 516 000	29 424 000	29 771 000
Total Equity	6 182 000	7 356 000	6 625 000	12 204 000

Income (NOK)	2021	2020	2019	2018
Revenue	35 291 000	45 336 000	30 857 000	32 560 000
Expenditure	36 001 000	43 318 000	29 655 000	30 905 000
Operating Profit	−710 000	2 019 000	1 201 000	1 655 000
Financial Income	486 000	104 275 000	30 617 000	24 845 000
Financial Costs	299 000	105 562 000	30 862 000	24 140 000
Financial Balance	187 000	−1 287 000	−245 000	705 000
Earnings Before Tax	−524 000	731 000	956 000	2 360 000
Tax	0	0	34 000	534 000
Net Income	−1 174 000	731 000	922 000	1 826 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 356 000	2 354 000	1 401 000	8 921 000
Total Current Assets	23 832 000	44 162 000	28 024 000	20 850 000
Total Assets	25 189 000	46 516 000	29 424 000	29 771 000
Total Retained Equity	3 158 000	4 333 000	3 601 000	5 771 000
Total Equity	6 182 000	7 356 000	6 625 000	12 204 000
Total Long-Term Debt	0	5 130 000	6 667 000	1 739 000
Total Current Debt	19 007 000	34 030 000	16 132 000	15 828 000
Total Equity and Debt	25 189 000	46 516 000	29 424 000	29 771 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	35 291 000	45 336 000	30 856 000	32 560 000
Other Income	0	0	0	0
Revenue	35 291 000	45 336 000	30 857 000	32 560 000
Cost of Goods Sold	0	0	3 000	6 635 000
Salary Costs	8 779 000	6 550 000	5 051 000	3 100 000
Depreciation	54 000	44 000	27 000	19 000
Impairment	0	0	0	0
Expenditure	36 001 000	43 318 000	29 655 000	30 905 000
Operating Profit	−710 000	2 019 000	1 201 000	1 655 000
Financial Income	486 000	104 275 000	30 617 000	24 845 000
Financial Costs	299 000	105 562 000	30 862 000	24 140 000
Financial Balance	187 000	−1 287 000	−245 000	705 000
Dividends	0	0	0	0
Net Income	−1 174 000	731 000	922 000	1 826 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	145 000	145 000	145 000	145 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	56 000	81 000	72 000
Total Tangible Assets	61 000	56 000	81 000	72 000
Total Fiancial Fixed Assets	1 150 000	2 153 000	1 174 000	8 704 000
Total Fixed Assets	1 356 000	2 354 000	1 401 000	8 921 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	293 000	703 000	643 000	1 592 000
Total Current Assets	23 832 000	44 162 000	28 024 000	20 850 000
Total Assets	25 189 000	46 516 000	29 424 000	29 771 000
Total Equity	6 182 000	7 356 000	6 625 000	12 204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 130 000	6 667 000	1 739 000
Creditors	12 797 000	9 242 000	3 919 000	7 487 000
Unpaid Taxes	219 000	282 000	862 000	147 000
Dividends	0	0	0	0
Other Current Debt	5 991 000	24 507 000	11 317 000	7 661 000
Total Current Debt	19 007 000	34 030 000	16 132 000	15 828 000
Total Equity and Debt	25 189 000	46 516 000	29 424 000	29 771 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−18,99 %	9,94 %	13,92 %	14,96 %
Debt-to-Equity Ratio	0	0,7	1,01	0,14
Operating Profit Margin	−2,01 %	4,45 %	3,89 %	5,08 %
Current Ratio	1,25	1,3	1,74	1,32
Quick Ratio	1,25	1,3	1,74	1,32
Equity Ratio	0,25	0,16	0,23	0,41
Gross Profit Margin	100 %	100 %	99,99 %	79,62 %