NORDIC UTILITIES AS

1349 RYKKINN

Finances

Return on Equity

105,37 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 000	168 000	165 000	167 000
Net Income	7 097 000	28 000	9 990 000	57 000
Total Assets	6 817 000	7 017 000	16 948 000	6 949 000
Total Equity	6 735 000	6 952 000	6 924 000	6 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 000	168 000	165 000	167 000
Expenditure	167 000	132 000	171 000	110 000
Operating Profit	−3 000	36 000	−7 000	57 000
Financial Income	7 114 000	0	10 000 000	0
Financial Costs	1 000	0	0	0
Financial Balance	7 113 000	0	10 000 000	0
Earnings Before Tax	7 110 000	36 000	9 993 000	57 000
Tax	13 000	8 000	4 000	0
Net Income	7 097 000	28 000	9 990 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 689 000	6 689 000	6 689 000	6 689 000
Total Current Assets	128 000	329 000	10 259 000	260 000
Total Assets	6 817 000	7 017 000	16 948 000	6 949 000
Total Retained Equity	5 741 000	5 958 000	5 930 000	5 769 000
Total Equity	6 735 000	6 952 000	6 924 000	6 763 000
Total Long-Term Debt	25 000	12 000	4 000	0
Total Current Debt	57 000	54 000	10 021 000	186 000
Total Equity and Debt	6 817 000	7 017 000	16 948 000	6 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	164 000	168 000	165 000	167 000
Revenue	164 000	168 000	165 000	167 000
Cost of Goods Sold	0	0	0	0
Salary Costs	105 000	57 000	55 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	167 000	132 000	171 000	110 000
Operating Profit	−3 000	36 000	−7 000	57 000
Financial Income	7 114 000	0	10 000 000	0
Financial Costs	1 000	0	0	0
Financial Balance	7 113 000	0	10 000 000	0
Dividends	0	0	10 000 000	0
Net Income	7 097 000	28 000	9 990 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 600 000	2 600 000	2 600 000	2 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 600 000	2 600 000	2 600 000	2 600 000
Total Fiancial Fixed Assets	4 089 000	4 089 000	4 089 000	4 089 000
Total Fixed Assets	6 689 000	6 689 000	6 689 000	6 689 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	329 000	10 259 000	260 000
Total Current Assets	128 000	329 000	10 259 000	260 000
Total Assets	6 817 000	7 017 000	16 948 000	6 949 000
Total Equity	6 735 000	6 952 000	6 924 000	6 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	12 000	4 000	0
Creditors	2 000	0	0	0
Unpaid Taxes	25 000	28 000	5 000	0
Dividends	0	0	10 000 000	0
Other Current Debt	30 000	26 000	15 000	186 000
Total Current Debt	57 000	54 000	10 021 000	186 000
Total Equity and Debt	6 817 000	7 017 000	16 948 000	6 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,37 %	0,4 %	144,28 %	0,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,83 %	21,43 %	−4,24 %	34,13 %
Current Ratio	2,25	6,09	1,02	1,4
Quick Ratio	2,25	6,09	1,02	1,4
Equity Ratio	0,99	0,99	0,41	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %