NORDIC MICROWAVE AS

1081 OSLO

Finances

Return on Equity

36,99 %

Current Ratio

N/A

Debt-to-Equity Ratio

2,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	70 000	64 000
Net Income	2 168 000	−5 468 000	40 000	38 000
Total Assets	22 399 000	43 000	5 522 000	5 458 000
Total Equity	5 861 000	−3 307 000	2 161 000	2 121 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	70 000	64 000
Expenditure	24 000	20 000	19 000	12 000
Operating Profit	−24 000	−20 000	51 000	52 000
Financial Income	0	0	0	0
Financial Costs	−2 192 000	5 447 000	0	2 000
Financial Balance	2 192 000	−5 447 000	0	−2 000
Earnings Before Tax	2 168 000	−5 468 000	51 000	50 000
Tax	0	0	11 000	12 000
Net Income	2 168 000	−5 468 000	40 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 864 000	0	5 447 000	5 447 000
Total Current Assets	1 535 000	43 000	75 000	11 000
Total Assets	22 399 000	43 000	5 522 000	5 458 000
Total Retained Equity	−1 239 000	−3 407 000	2 061 000	2 021 000
Total Equity	5 861 000	−3 307 000	2 161 000	2 121 000
Total Long-Term Debt	16 538 000	3 350 000	3 350 000	3 325 000
Total Current Debt	0	0	11 000	12 000
Total Equity and Debt	22 399 000	43 000	5 522 000	5 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	70 000	64 000
Other Income	0	0	0	0
Revenue	0	0	70 000	64 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 000	20 000	19 000	12 000
Operating Profit	−24 000	−20 000	51 000	52 000
Financial Income	0	0	0	0
Financial Costs	−2 192 000	5 447 000	0	2 000
Financial Balance	2 192 000	−5 447 000	0	−2 000
Dividends	0	0	0	0
Net Income	2 168 000	−5 468 000	40 000	38 000

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	20 864 000	0	5 447 000	5 447 000
Total Fixed Assets	20 864 000	0	5 447 000	5 447 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 534 000	43 000	75 000	10 000
Total Current Assets	1 535 000	43 000	75 000	11 000
Total Assets	22 399 000	43 000	5 522 000	5 458 000
Total Equity	5 861 000	−3 307 000	2 161 000	2 121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 538 000	3 350 000	3 350 000	3 325 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	11 000	12 000
Total Equity and Debt	22 399 000	43 000	5 522 000	5 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,99 %	165,35 %	1,85 %	1,79 %
Debt-to-Equity Ratio	2,82	−1,01	1,55	1,57
Operating Profit Margin	-	-	72,86 %	81,25 %
Current Ratio	-	-	6,82	0,92
Quick Ratio	-	-	6,82	0,92
Equity Ratio	0,26	−76,91	0,39	0,39
Gross Profit Margin	-	-	100 %	100 %