NIRO PROSJEKT AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

48,26 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,66

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 980 000	1 220 000	4 706 000	3 366 000
Net Income	−792 000	−496 000	165 000	−1 037 000
Total Assets	438 000	742 000	854 000	1 763 000
Total Equity	−1 641 000	−849 000	−353 000	−517 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 980 000	1 220 000	4 706 000	3 366 000
Expenditure	3 343 000	1 854 000	4 501 000	4 702 000
Operating Profit	−363 000	−634 000	205 000	−1 336 000
Financial Income	9 000	9 000	9 000	12 000
Financial Costs	1 000	10 000	2 000	1 000
Financial Balance	8 000	−1 000	7 000	11 000
Earnings Before Tax	−355 000	−635 000	212 000	−1 326 000
Tax	437 000	−138 000	47 000	−289 000
Net Income	−792 000	−496 000	165 000	−1 037 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	8 000	465 000	346 000	414 000
Total Current Assets	430 000	277 000	507 000	1 349 000
Total Assets	438 000	742 000	854 000	1 763 000
Total Retained Equity	−1 749 000	−957 000	−460 000	−625 000
Total Equity	−1 641 000	−849 000	−353 000	−517 000
Total Long-Term Debt	1 085 000	926 000	0	0
Total Current Debt	994 000	665 000	1 206 000	2 280 000
Total Equity and Debt	438 000	742 000	854 000	1 763 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 980 000	1 220 000	4 706 000	3 366 000
Other Income	0	0	0	0
Revenue	2 980 000	1 220 000	4 706 000	3 366 000
Cost of Goods Sold	857 000	499 000	2 508 000	1 893 000
Salary Costs	2 057 000	1 093 000	1 484 000	2 416 000
Depreciation	20 000	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	3 343 000	1 854 000	4 501 000	4 702 000
Operating Profit	−363 000	−634 000	205 000	−1 336 000
Financial Income	9 000	9 000	9 000	12 000
Financial Costs	1 000	10 000	2 000	1 000
Financial Balance	8 000	−1 000	7 000	11 000
Dividends	0	0	0	0
Net Income	−792 000	−496 000	165 000	−1 037 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	437 000	299 000	347 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	28 000	47 000	67 000
Total Tangible Assets	8 000	28 000	47 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	465 000	346 000	414 000
Stock	0	0	0	604 000
Total Investments	0	0	0	0
Cash, Bank	553 000	234 000	83 000	673 000
Total Current Assets	430 000	277 000	507 000	1 349 000
Total Assets	438 000	742 000	854 000	1 763 000
Total Equity	−1 641 000	−849 000	−353 000	−517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 085 000	926 000	0	0
Creditors	286 000	283 000	119 000	1 333 000
Unpaid Taxes	479 000	243 000	331 000	279 000
Dividends	0	0	0	0
Other Current Debt	230 000	139 000	757 000	668 000
Total Current Debt	994 000	665 000	1 206 000	2 280 000
Total Equity and Debt	438 000	742 000	854 000	1 763 000

Financial indicators	2021	2020	2019	2018
Return on Equity	48,26 %	58,42 %	−46,74 %	200,58 %
Debt-to-Equity Ratio	−0,66	−1,09	−0	−0
Operating Profit Margin	−12,18 %	−51,97 %	4,36 %	−39,69 %
Current Ratio	0,43	0,42	0,42	0,59
Quick Ratio	0,43	0,42	0,42	0,8
Equity Ratio	−3,75	−1,14	−0,41	−0,29
Gross Profit Margin	71,24 %	59,1 %	46,71 %	43,76 %