NORDNES HOLDING AS

5005 BERGEN

Finances

Return on Equity

109,46 %

Current Ratio

7,86

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	467 000	0	0
Net Income	76 962 000	−2 388 000	2 196 000	−2 819 000
Total Assets	79 576 000	23 030 000	26 687 000	24 575 000
Total Equity	70 312 000	−2 514 000	−126 000	−2 322 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	467 000	0	0
Expenditure	4 799 000	974 000	1 473 000	3 353 000
Operating Profit	−4 799 000	−507 000	−1 473 000	−3 354 000
Financial Income	86 938 000	464 000	4 415 000	2 121 000
Financial Costs	5 178 000	2 345 000	746 000	1 587 000
Financial Balance	81 760 000	−1 881 000	3 669 000	534 000
Earnings Before Tax	76 962 000	−2 388 000	2 196 000	−2 819 000
Tax	0	0	0	0
Net Income	76 962 000	−2 388 000	2 196 000	−2 819 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 728 000	22 001 000	24 222 000	24 432 000
Total Current Assets	72 847 000	1 029 000	2 465 000	143 000
Total Assets	79 576 000	23 030 000	26 687 000	24 575 000
Total Retained Equity	70 057 000	−2 769 000	−381 000	−2 577 000
Total Equity	70 312 000	−2 514 000	−126 000	−2 322 000
Total Long-Term Debt	0	22 450 000	23 376 000	24 047 000
Total Current Debt	9 263 000	3 094 000	3 437 000	2 850 000
Total Equity and Debt	79 576 000	23 030 000	26 687 000	24 575 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	467 000	0	0
Revenue	0	467 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−14 000	0	0
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	4 799 000	974 000	1 473 000	3 353 000
Operating Profit	−4 799 000	−507 000	−1 473 000	−3 354 000
Financial Income	86 938 000	464 000	4 415 000	2 121 000
Financial Costs	5 178 000	2 345 000	746 000	1 587 000
Financial Balance	81 760 000	−1 881 000	3 669 000	534 000
Dividends	4 135 000	0	0	0
Net Income	76 962 000	−2 388 000	2 196 000	−2 819 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	300 000	300 000	300 000	300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	300 000	300 000	300 000	300 000
Total Fiancial Fixed Assets	6 428 000	21 701 000	23 922 000	24 132 000
Total Fixed Assets	6 728 000	22 001 000	24 222 000	24 432 000
Stock	0	0	0	0
Total Investments	20 873 000	0	0	0
Cash, Bank	51 974 000	5 000	45 000	133 000
Total Current Assets	72 847 000	1 029 000	2 465 000	143 000
Total Assets	79 576 000	23 030 000	26 687 000	24 575 000
Total Equity	70 312 000	−2 514 000	−126 000	−2 322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	22 450 000	23 376 000	24 047 000
Creditors	1 182 000	94 000	25 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	4 135 000	0	0	0
Other Current Debt	3 946 000	3 000 000	3 411 000	2 835 000
Total Current Debt	9 263 000	3 094 000	3 437 000	2 850 000
Total Equity and Debt	79 576 000	23 030 000	26 687 000	24 575 000

Financial indicators	2021	2020	2019	2018
Return on Equity	109,46 %	94,99 %	−1 742,86 %	121,4 %
Debt-to-Equity Ratio	0	−8,93	−185,52	−10,36
Operating Profit Margin	-	−108,57 %	-	-
Current Ratio	7,86	0,33	0,72	0,05
Quick Ratio	7,86	0,33	0,72	0,05
Equity Ratio	0,88	−0,11	−0	−0,09
Gross Profit Margin	-	100 %	-	-