NATURGASS NORD AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

4,4 %

Current Ratio

16,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	256 000	140 000	0	0
Net Income	20 000	−180 000	−336 000	−1 216 000
Total Assets	485 000	487 000	123 000	685 000
Total Equity	455 000	435 000	114 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	256 000	140 000	0	0
Expenditure	242 000	320 000	338 000	1 231 000
Operating Profit	14 000	−180 000	−338 000	−1 230 000
Financial Income	6 000	1 000	2 000	14 000
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	2 000	14 000
Earnings Before Tax	20 000	−180 000	−336 000	−1 216 000
Tax	0	0	0	0
Net Income	20 000	−180 000	−336 000	−1 216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	14 000
Total Current Assets	485 000	487 000	118 000	671 000
Total Assets	485 000	487 000	123 000	685 000
Total Retained Equity	−104 000	−255 000	−5 936 000	−5 600 000
Total Equity	455 000	435 000	114 000	451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	52 000	8 000	234 000
Total Equity and Debt	485 000	487 000	123 000	685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 000	140 000	0	0
Other Income	0	0	0	0
Revenue	256 000	140 000	0	0
Cost of Goods Sold	0	0	0	25 000
Salary Costs	84 000	84 000	125 000	181 000
Depreciation	0	4 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	242 000	320 000	338 000	1 231 000
Operating Profit	14 000	−180 000	−338 000	−1 230 000
Financial Income	6 000	1 000	2 000	14 000
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	2 000	14 000
Dividends	0	0	0	0
Net Income	20 000	−180 000	−336 000	−1 216 000

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	4 000	14 000
Total Tangible Assets	0	0	4 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	427 000	408 000	117 000	593 000
Total Current Assets	485 000	487 000	118 000	671 000
Total Assets	485 000	487 000	123 000	685 000
Total Equity	455 000	435 000	114 000	451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	21 000	2 000	31 000
Unpaid Taxes	16 000	15 000	7 000	11 000
Dividends	0	0	0	0
Other Current Debt	12 000	16 000	0	192 000
Total Current Debt	30 000	52 000	8 000	234 000
Total Equity and Debt	485 000	487 000	123 000	685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,4 %	−41,38 %	−294,74 %	−269,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,47 %	−128,57 %	-	-
Current Ratio	16,17	9,37	14,75	2,87
Quick Ratio	16,17	9,37	14,75	2,87
Equity Ratio	0,94	0,89	0,93	0,66
Gross Profit Margin	100 %	100 %	-	-