NORFIELD AS

5384 TORANGSVÅG

Finances

Return on Equity

−27,11 %

Current Ratio

170,45

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	6 654 000	6 072 000	3 324 000	30 516 000
Net Income	−1 504 000	−995 000	−2 481 000	−701 000
Total Assets	5 571 000	7 069 000	8 058 000	22 044 000
Total Equity	5 548 000	7 053 000	8 048 000	21 288 000

Income (USD)	2022	2021	2020	2019
Revenue	6 654 000	6 072 000	3 324 000	30 516 000
Expenditure	8 163 000	7 054 000	5 845 000	32 357 000
Operating Profit	−1 509 000	−982 000	−2 520 000	−1 840 000
Financial Income	0	0	41 000	1 742 000
Financial Costs	−6 000	11 000	0	600 000
Financial Balance	6 000	−11 000	41 000	1 142 000
Earnings Before Tax	−1 503 000	−993 000	−2 479 000	−699 000
Tax	2 000	2 000	2 000	2 000
Net Income	−1 504 000	−995 000	−2 481 000	−701 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	1 820 000	2 831 000	5 491 000	18 135 000
Total Current Assets	3 750 000	4 238 000	2 567 000	3 909 000
Total Assets	5 571 000	7 069 000	8 058 000	22 044 000
Total Retained Equity	5 348 000	6 853 000	7 848 000	2 796 000
Total Equity	5 548 000	7 053 000	8 048 000	21 288 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	16 000	10 000	756 000
Total Equity and Debt	5 571 000	7 069 000	8 058 000	22 044 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	6 654 000	6 072 000	3 324 000	22 466 000
Other Income	0	0	0	8 050 000
Revenue	6 654 000	6 072 000	3 324 000	30 516 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 017 000	2 667 000	2 667 000	7 835 000
Impairment	0	0	0	21 146 000
Expenditure	8 163 000	7 054 000	5 845 000	32 357 000
Operating Profit	−1 509 000	−982 000	−2 520 000	−1 840 000
Financial Income	0	0	41 000	1 742 000
Financial Costs	−6 000	11 000	0	600 000
Financial Balance	6 000	−11 000	41 000	1 142 000
Dividends	0	0	0	0
Net Income	−1 504 000	−995 000	−2 481 000	−701 000

Balance details (USD)	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	1 489 000	2 505 000	5 172 000	7 839 000
Total Fiancial Fixed Assets	332 000	325 000	319 000	10 297 000
Total Fixed Assets	1 820 000	2 831 000	5 491 000	18 135 000
Stock	250 000	158 000	385 000	541 000
Total Investments	0	0	0	0
Cash, Bank	3 129 000	2 931 000	1 551 000	1 251 000
Total Current Assets	3 750 000	4 238 000	2 567 000	3 909 000
Total Assets	5 571 000	7 069 000	8 058 000	22 044 000
Total Equity	5 548 000	7 053 000	8 048 000	21 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	14 000	9 000	754 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	1 000	−1 000	0
Total Current Debt	22 000	16 000	10 000	756 000
Total Equity and Debt	5 571 000	7 069 000	8 058 000	22 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,11 %	−14,11 %	−30,83 %	−3,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,68 %	−16,17 %	−75,81 %	−6,03 %
Current Ratio	170,45	264,88	256,7	5,17
Quick Ratio	−16,45	−29,85	−6,85	18,18
Equity Ratio	1	1	1	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %