NORDIC HOLDING GROUP AS

7014 TRONDHEIM

Finances

Return on Equity

−17,02 %

Current Ratio

4,27

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	166 000	193 000	301 000
Net Income	−3 178 000	−1 465 000	−2 037 000	703 000
Total Assets	23 420 000	23 321 000	25 733 000	29 315 000
Total Equity	18 673 000	22 851 000	25 316 000	28 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	166 000	193 000	301 000
Expenditure	3 836 000	4 040 000	3 321 000	4 560 000
Operating Profit	−3 547 000	−3 874 000	−3 129 000	−4 260 000
Financial Income	399 000	2 410 000	1 091 000	5 099 000
Financial Costs	30 000	0	0	137 000
Financial Balance	369 000	2 410 000	1 091 000	4 962 000
Earnings Before Tax	−3 178 000	−1 465 000	−2 037 000	703 000
Tax	0	0	0	0
Net Income	−3 178 000	−1 465 000	−2 037 000	703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 657 000	20 736 000	23 122 000	25 599 000
Total Current Assets	2 763 000	2 586 000	2 611 000	3 716 000
Total Assets	23 420 000	23 321 000	25 733 000	29 315 000
Total Retained Equity	18 573 000	22 751 000	25 216 000	27 954 000
Total Equity	18 673 000	22 851 000	25 316 000	28 054 000
Total Long-Term Debt	4 100 000	0	0	568 000
Total Current Debt	647 000	470 000	417 000	693 000
Total Equity and Debt	23 420 000	23 321 000	25 733 000	29 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 000	166 000	193 000	297 000
Other Income	0	0	0	4 000
Revenue	289 000	166 000	193 000	301 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	2 609 000	2 749 000	2 126 000	3 156 000
Depreciation	12 000	14 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	3 836 000	4 040 000	3 321 000	4 560 000
Operating Profit	−3 547 000	−3 874 000	−3 129 000	−4 260 000
Financial Income	399 000	2 410 000	1 091 000	5 099 000
Financial Costs	30 000	0	0	137 000
Financial Balance	369 000	2 410 000	1 091 000	4 962 000
Dividends	0	0	0	0
Net Income	−3 178 000	−1 465 000	−2 037 000	703 000

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	12 000	26 000	43 000
Total Tangible Assets	0	12 000	26 000	43 000
Total Fiancial Fixed Assets	20 657 000	20 724 000	23 096 000	25 555 000
Total Fixed Assets	20 657 000	20 736 000	23 122 000	25 599 000
Stock	1 884 000	1 884 000	1 884 000	1 784 000
Total Investments	0	0	0	0
Cash, Bank	476 000	456 000	405 000	1 291 000
Total Current Assets	2 763 000	2 586 000	2 611 000	3 716 000
Total Assets	23 420 000	23 321 000	25 733 000	29 315 000
Total Equity	18 673 000	22 851 000	25 316 000	28 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 100 000	0	0	568 000
Creditors	5 000	4 000	13 000	55 000
Unpaid Taxes	250 000	218 000	209 000	305 000
Dividends	0	0	0	0
Other Current Debt	393 000	249 000	194 000	333 000
Total Current Debt	647 000	470 000	417 000	693 000
Total Equity and Debt	23 420 000	23 321 000	25 733 000	29 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,02 %	−6,41 %	−8,05 %	2,51 %
Debt-to-Equity Ratio	0,22	0	0	0,02
Operating Profit Margin	−1 227,34 %	−2 333,73 %	−1 621,24 %	−1 415,28 %
Current Ratio	4,27	5,5	6,26	5,36
Quick Ratio	−2,23	−1,83	−1,78	−3,41
Equity Ratio	0,8	0,98	0,98	0,96
Gross Profit Margin	100 %	100 %	100 %	99,34 %