NORDANG GEOHOLDING AS

0678 OSLO

Finances

Return on Equity

−146,38 %

Current Ratio

16,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	228 000	137 000
Net Income	−4 185 000	−4 291 000	−8 509 000	9 836 000
Total Assets	2 908 000	7 118 000	11 758 000	20 924 000
Total Equity	2 859 000	7 044 000	11 734 000	20 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	228 000	137 000
Expenditure	276 000	320 000	873 000	386 000
Operating Profit	−276 000	−318 000	−644 000	−249 000
Financial Income	3 000	52 000	381 000	10 614 000
Financial Costs	3 911 000	4 024 000	8 246 000	529 000
Financial Balance	−3 908 000	−3 972 000	−7 865 000	10 085 000
Earnings Before Tax	−4 185 000	−4 291 000	−8 509 000	9 836 000
Tax	0	0	0	0
Net Income	−4 185 000	−4 291 000	−8 509 000	9 836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 088 000	2 187 000	2 248 000	3 169 000
Total Current Assets	820 000	4 930 000	9 510 000	17 755 000
Total Assets	2 908 000	7 118 000	11 758 000	20 924 000
Total Retained Equity	2 454 000	6 639 000	11 329 000	20 479 000
Total Equity	2 859 000	7 044 000	11 734 000	20 884 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 000	74 000	24 000	41 000
Total Equity and Debt	2 908 000	7 118 000	11 758 000	20 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	98 000	95 000
Other Income	0	1 000	130 000	43 000
Revenue	0	1 000	228 000	137 000
Cost of Goods Sold	0	0	96 000	94 000
Salary Costs	24 000	24 000	34 000	28 000
Depreciation	99 000	105 000	82 000	11 000
Impairment	0	0	0	0
Expenditure	276 000	320 000	873 000	386 000
Operating Profit	−276 000	−318 000	−644 000	−249 000
Financial Income	3 000	52 000	381 000	10 614 000
Financial Costs	3 911 000	4 024 000	8 246 000	529 000
Financial Balance	−3 908 000	−3 972 000	−7 865 000	10 085 000
Dividends	0	400 000	0	0
Net Income	−4 185 000	−4 291 000	−8 509 000	9 836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 425 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 088 000	2 187 000	2 248 000	1 744 000
Total Tangible Assets	2 088 000	2 187 000	2 248 000	3 169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 088 000	2 187 000	2 248 000	3 169 000
Stock	0	0	0	0
Total Investments	733 000	4 864 000	8 348 000	15 791 000
Cash, Bank	87 000	64 000	620 000	1 960 000
Total Current Assets	820 000	4 930 000	9 510 000	17 755 000
Total Assets	2 908 000	7 118 000	11 758 000	20 924 000
Total Equity	2 859 000	7 044 000	11 734 000	20 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	37 000	0	0
Unpaid Taxes	21 000	20 000	20 000	15 000
Dividends	0	400 000	0	0
Other Current Debt	21 000	17 000	4 000	25 000
Total Current Debt	49 000	74 000	24 000	41 000
Total Equity and Debt	2 908 000	7 118 000	11 758 000	20 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−146,38 %	−60,92 %	−72,52 %	47,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−31 800 %	−282,46 %	−181,75 %
Current Ratio	16,73	66,62	396,25	433,05
Quick Ratio	16,73	66,62	396,25	433,05
Equity Ratio	0,98	0,99	1	1
Gross Profit Margin	-	100 %	57,89 %	31,39 %