NORTH TOPCO AS

6010 ÅLESUND

Finances

Return on Equity

72,55 %

Current Ratio

0,08

Debt-to-Equity Ratio

−5,81

Key figures (NOK)	2021	2020	2019	2018
Revenue	13 009 000	4 008 000	4 065 000	0
Net Income	−13 484 000	−5 876 000	−2 012 000	−198 000
Total Assets	118 331 000	108 256 000	49 902 000	1 955 000
Total Equity	−18 587 000	−9 397 000	−3 498 000	−55 000

Income (NOK)	2021	2020	2019	2018
Revenue	13 009 000	4 008 000	4 065 000	0
Expenditure	20 616 000	7 194 000	5 240 000	185 000
Operating Profit	−7 607 000	−3 186 000	−1 174 000	−185 000
Financial Income	0	0	11 000	0
Financial Costs	9 043 000	4 061 000	1 381 000	13 000
Financial Balance	−9 043 000	−4 061 000	−1 370 000	−13 000
Earnings Before Tax	−16 650 000	−7 247 000	−2 543 000	−198 000
Tax	−3 166 000	−1 371 000	−531 000	0
Net Income	−13 484 000	−5 876 000	−2 012 000	−198 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	115 883 000	77 440 000	49 143 000	1 109 000
Total Current Assets	2 448 000	30 816 000	760 000	846 000
Total Assets	118 331 000	108 256 000	49 902 000	1 955 000
Total Retained Equity	−19 047 000	−9 857 000	−3 958 000	−455 000
Total Equity	−18 587 000	−9 397 000	−3 498 000	−55 000
Total Long-Term Debt	108 064 000	105 752 000	43 108 000	211 000
Total Current Debt	28 854 000	11 901 000	10 292 000	1 798 000
Total Equity and Debt	118 331 000	108 256 000	49 902 000	1 955 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 034 000	0	0	0
Other Income	3 975 000	4 008 000	4 065 000	0
Revenue	13 009 000	4 008 000	4 065 000	0
Cost of Goods Sold	0	0	0	−4 000
Salary Costs	2 248 000	2 101 000	2 049 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 616 000	7 194 000	5 240 000	185 000
Operating Profit	−7 607 000	−3 186 000	−1 174 000	−185 000
Financial Income	0	0	11 000	0
Financial Costs	9 043 000	4 061 000	1 381 000	13 000
Financial Balance	−9 043 000	−4 061 000	−1 370 000	−13 000
Dividends	0	0	0	0
Net Income	−13 484 000	−5 876 000	−2 012 000	−198 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	100 874 000	48 036 000	48 186 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	100 874 000	48 036 000	48 186 000	0
Total Fiancial Fixed Assets	15 009 000	29 404 000	957 000	1 109 000
Total Fixed Assets	115 883 000	77 440 000	49 143 000	1 109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	210 000	595 000	1 000
Total Current Assets	2 448 000	30 816 000	760 000	846 000
Total Assets	118 331 000	108 256 000	49 902 000	1 955 000
Total Equity	−18 587 000	−9 397 000	−3 498 000	−55 000
Short-Term Group Debt	1 279 000	0	3 265 000	0
Total Long-Term Debt	108 064 000	105 752 000	43 108 000	211 000
Creditors	5 315 000	1 229 000	686 000	94 000
Unpaid Taxes	107 000	884 000	295 000	33 000
Dividends	0	0	0	0
Other Current Debt	21 529 000	9 789 000	6 046 000	1 671 000
Total Current Debt	28 854 000	11 901 000	10 292 000	1 798 000
Total Equity and Debt	118 331 000	108 256 000	49 902 000	1 955 000

Financial indicators	2021	2020	2019	2018
Return on Equity	72,55 %	62,53 %	57,52 %	360 %
Debt-to-Equity Ratio	−5,81	−11,25	−12,32	−3,84
Operating Profit Margin	−58,47 %	−79,49 %	−28,88 %	-
Current Ratio	0,08	2,59	0,07	0,47
Quick Ratio	0,08	2,59	0,07	0,47
Equity Ratio	−0,16	−0,09	−0,07	−0,03
Gross Profit Margin	100 %	100 %	100 %	-