NORESA LIMITED

4514 MANDAL

Finances

Share Ownership

Return on Equity

72,73 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	60 000	93 000	28 000
Net Income	−40 000	−22 000	0	−9 000
Total Assets	132 000	57 000	128 000	111 000
Total Equity	−55 000	−15 000	8 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	60 000	93 000	28 000
Expenditure	56 000	82 000	93 000	37 000
Operating Profit	−40 000	−22 000	1 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−40 000	−22 000	1 000	−9 000
Tax	0	0	1 000	0
Net Income	−40 000	−22 000	0	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	132 000	57 000	128 000	111 000
Total Assets	132 000	57 000	128 000	111 000
Total Retained Equity	−74 000	−33 000	−11 000	−11 000
Total Equity	−55 000	−15 000	8 000	8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	187 000	72 000	120 000	103 000
Total Equity and Debt	132 000	57 000	128 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 000	28 000
Other Income	15 000	60 000	90 000	0
Revenue	15 000	60 000	93 000	28 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	−23 000	−24 000	−47 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	82 000	93 000	37 000
Operating Profit	−40 000	−22 000	1 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−40 000	−22 000	0	−9 000

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	0	0	0	0
Cash, Bank	21 000	31 000	74 000	5 000
Total Current Assets	132 000	57 000	128 000	111 000
Total Assets	132 000	57 000	128 000	111 000
Total Equity	−55 000	−15 000	8 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	15 000	3 000
Unpaid Taxes	0	17 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	186 000	54 000	103 000	100 000
Total Current Debt	187 000	72 000	120 000	103 000
Total Equity and Debt	132 000	57 000	128 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,73 %	146,67 %	0 %	−112,5 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−266,67 %	−36,67 %	1,08 %	−32,14 %
Current Ratio	0,71	0,79	1,07	1,08
Quick Ratio	0,71	0,79	1,07	1,08
Equity Ratio	−0,42	−0,26	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %