NORDIC LOGISTICS GROUP AS

7021 TRONDHEIM

Finances

Return on Equity

0,07 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	390 000	590 000	310 000	0
Net Income	4 000	275 000	−26 000	−193 000
Total Assets	5 916 000	6 799 000	6 369 000	4 898 000
Total Equity	5 484 000	5 480 000	5 205 000	217 000

Income (NOK)	2022	2021	2020	2019
Revenue	390 000	590 000	310 000	0
Expenditure	660 000	765 000	651 000	222 000
Operating Profit	−270 000	−174 000	−342 000	−222 000
Financial Income	274 000	450 000	316 000	30 000
Financial Costs	0	0	1 000	1 000
Financial Balance	274 000	450 000	315 000	29 000
Earnings Before Tax	4 000	275 000	−26 000	−193 000
Tax	0	0	0	0
Net Income	4 000	275 000	−26 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000 000	5 000 000	5 000 000	4 793 000
Total Current Assets	916 000	1 799 000	1 369 000	104 000
Total Assets	5 916 000	6 799 000	6 369 000	4 898 000
Total Retained Equity	953 000	949 000	674 000	117 000
Total Equity	5 484 000	5 480 000	5 205 000	217 000
Total Long-Term Debt	0	922 000	922 000	4 674 000
Total Current Debt	432 000	397 000	243 000	6 000
Total Equity and Debt	5 916 000	6 799 000	6 369 000	4 898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	390 000	590 000	310 000	0
Other Income	0	0	0	0
Revenue	390 000	590 000	310 000	0
Cost of Goods Sold	0	166 000	7 000	0
Salary Costs	549 000	492 000	487 000	0
Depreciation	0	0	13 000	0
Impairment	0	0	0	0
Expenditure	660 000	765 000	651 000	222 000
Operating Profit	−270 000	−174 000	−342 000	−222 000
Financial Income	274 000	450 000	316 000	30 000
Financial Costs	0	0	1 000	1 000
Financial Balance	274 000	450 000	315 000	29 000
Dividends	0	0	0	0
Net Income	4 000	275 000	−26 000	−193 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 000 000	5 000 000	5 000 000	4 793 000
Total Fixed Assets	5 000 000	5 000 000	5 000 000	4 793 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	267 000	527 000	49 000
Total Current Assets	916 000	1 799 000	1 369 000	104 000
Total Assets	5 916 000	6 799 000	6 369 000	4 898 000
Total Equity	5 484 000	5 480 000	5 205 000	217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	922 000	922 000	4 674 000
Creditors	345 000	314 000	160 000	6 000
Unpaid Taxes	41 000	38 000	35 000	0
Dividends	0	0	0	0
Other Current Debt	46 000	46 000	47 000	0
Total Current Debt	432 000	397 000	243 000	6 000
Total Equity and Debt	5 916 000	6 799 000	6 369 000	4 898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,07 %	5,02 %	−0,5 %	−88,94 %
Debt-to-Equity Ratio	0	0,17	0,18	21,54
Operating Profit Margin	−69,23 %	−29,49 %	−110,32 %	-
Current Ratio	2,12	4,53	5,63	17,33
Quick Ratio	2,12	4,53	5,63	17,33
Equity Ratio	0,93	0,81	0,82	0,04
Gross Profit Margin	100 %	71,86 %	97,74 %	-