NEW NORSE AS

7058 CHARLOTTENLUND

Finances

Return on Equity

35,08 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 000	126 000	247 000	4 000
Net Income	114 000	8 000	12 000	66 000
Total Assets	508 000	313 000	359 000	709 000
Total Equity	325 000	211 000	203 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 000	126 000	247 000	4 000
Expenditure	855 000	116 000	231 000	113 000
Operating Profit	−761 000	10 000	15 000	−109 000
Financial Income	871 000	0	0	193 000
Financial Costs	0	0	1 000	0
Financial Balance	871 000	0	−1 000	193 000
Earnings Before Tax	109 000	10 000	15 000	84 000
Tax	−5 000	2 000	3 000	19 000
Net Income	114 000	8 000	12 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	267 000	262 000	124 000	84 000
Total Current Assets	240 000	51 000	235 000	624 000
Total Assets	508 000	313 000	359 000	709 000
Total Retained Equity	200 000	86 000	78 000	66 000
Total Equity	325 000	211 000	203 000	191 000
Total Long-Term Debt	0	5 000	3 000	0
Total Current Debt	183 000	98 000	154 000	518 000
Total Equity and Debt	508 000	313 000	359 000	709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	126 000	247 000	0
Other Income	0	0	0	4 000
Revenue	93 000	126 000	247 000	4 000
Cost of Goods Sold	205 000	93 000	54 000	31 000
Salary Costs	469 000	−44 000	91 000	−13 000
Depreciation	18 000	11 000	1 000	0
Impairment	0	0	0	0
Expenditure	855 000	116 000	231 000	113 000
Operating Profit	−761 000	10 000	15 000	−109 000
Financial Income	871 000	0	0	193 000
Financial Costs	0	0	1 000	0
Financial Balance	871 000	0	−1 000	193 000
Dividends	0	0	0	0
Net Income	114 000	8 000	12 000	66 000

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	60 000	78 000	40 000	0
Total Tangible Assets	60 000	78 000	40 000	0
Total Fiancial Fixed Assets	207 000	184 000	84 000	84 000
Total Fixed Assets	267 000	262 000	124 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	10 000	183 000	624 000
Total Current Assets	240 000	51 000	235 000	624 000
Total Assets	508 000	313 000	359 000	709 000
Total Equity	325 000	211 000	203 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	3 000	0
Creditors	19 000	28 000	44 000	466 000
Unpaid Taxes	62 000	6 000	0	−5 000
Dividends	0	0	0	0
Other Current Debt	102 000	64 000	109 000	38 000
Total Current Debt	183 000	98 000	154 000	518 000
Total Equity and Debt	508 000	313 000	359 000	709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,08 %	3,79 %	5,91 %	34,55 %
Debt-to-Equity Ratio	0	0,02	0,01	0
Operating Profit Margin	−818,28 %	7,94 %	6,07 %	−2 725 %
Current Ratio	1,31	0,52	1,53	1,2
Quick Ratio	1,31	0,52	1,53	1,2
Equity Ratio	0,64	0,67	0,57	0,27
Gross Profit Margin	−120,43 %	26,19 %	78,14 %	−675 %