NORDIC POWER SYSTEMS AS

3944 PORSGRUNN

Finances

Share Ownership

Return on Equity

400 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	0	5 000	20 000
Net Income	44 000	−2 000	−14 000	−69 000
Total Assets	619 000	294 000	70 000	83 000
Total Equity	11 000	−33 000	−31 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	0	5 000	20 000
Expenditure	10 000	5 000	19 000	89 000
Operating Profit	−3 000	−5 000	−14 000	−69 000
Financial Income	47 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	47 000	2 000	0	0
Earnings Before Tax	44 000	−2 000	−14 000	−69 000
Tax	0	0	0	0
Net Income	44 000	−2 000	−14 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	619 000	294 000	70 000	83 000
Total Assets	619 000	294 000	70 000	83 000
Total Retained Equity	−13 461 000	−13 505 000	−13 503 000	−13 488 000
Total Equity	11 000	−33 000	−31 000	−16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	608 000	327 000	101 000	100 000
Total Equity and Debt	619 000	294 000	70 000	83 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	0	5 000	20 000
Other Income	0	0	0	0
Revenue	7 000	0	5 000	20 000
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	10 000	5 000	19 000	89 000
Operating Profit	−3 000	−5 000	−14 000	−69 000
Financial Income	47 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	47 000	2 000	0	0
Dividends	0	0	0	0
Net Income	44 000	−2 000	−14 000	−69 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	553 000	269 000	0	0
Cash, Bank	52 000	1 000	0	7 000
Total Current Assets	619 000	294 000	70 000	83 000
Total Assets	619 000	294 000	70 000	83 000
Total Equity	11 000	−33 000	−31 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	7 000	0	0
Unpaid Taxes	−1 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	598 000	320 000	100 000	100 000
Total Current Debt	608 000	327 000	101 000	100 000
Total Equity and Debt	619 000	294 000	70 000	83 000

Financial indicators	2022	2021	2020	2019
Return on Equity	400 %	6,06 %	45,16 %	431,25 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−42,86 %	-	−280 %	−345 %
Current Ratio	1,02	0,9	0,69	0,83
Quick Ratio	1,02	0,9	0,69	0,83
Equity Ratio	0,02	−0,11	−0,44	−0,19
Gross Profit Margin	100 %	-	100 %	100 %