NORMANN COATS AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

13,29 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 220 000	1 295 000	1 539 000	360 000
Net Income	155 000	2 032 000	1 228 000	−4 696 000
Total Assets	1 275 000	2 198 000	26 000	4 938 000
Total Equity	1 166 000	1 011 000	−1 021 000	−2 249 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 220 000	1 295 000	1 539 000	360 000
Expenditure	2 000 000	381 000	221 000	4 633 000
Operating Profit	220 000	913 000	1 318 000	−4 273 000
Financial Income	0	0	0	0
Financial Costs	21 000	14 000	90 000	422 000
Financial Balance	−21 000	−14 000	−90 000	−422 000
Earnings Before Tax	199 000	900 000	1 228 000	−4 696 000
Tax	44 000	−1 132 000	0	0
Net Income	155 000	2 032 000	1 228 000	−4 696 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 076 000	1 569 000	0	4 911 000
Total Current Assets	199 000	630 000	26 000	27 000
Total Assets	1 275 000	2 198 000	26 000	4 938 000
Total Retained Equity	166 000	11 000	−4 457 000	−5 685 000
Total Equity	1 166 000	1 011 000	−1 021 000	−2 249 000
Total Long-Term Debt	0	876 000	884 000	7 082 000
Total Current Debt	108 000	312 000	163 000	105 000
Total Equity and Debt	1 275 000	2 198 000	26 000	4 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 220 000	1 295 000	0	0
Other Income	0	0	1 539 000	360 000
Revenue	2 220 000	1 295 000	1 539 000	360 000
Cost of Goods Sold	541 000	131 000	0	0
Salary Costs	679 000	113 000	0	0
Depreciation	0	0	0	138 000
Impairment	0	0	0	0
Expenditure	2 000 000	381 000	221 000	4 633 000
Operating Profit	220 000	913 000	1 318 000	−4 273 000
Financial Income	0	0	0	0
Financial Costs	21 000	14 000	90 000	422 000
Financial Balance	−21 000	−14 000	−90 000	−422 000
Dividends	0	0	0	0
Net Income	155 000	2 032 000	1 228 000	−4 696 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 088 000	1 132 000	0	0
Real Eastate	0	0	0	4 911 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	4 911 000
Total Fiancial Fixed Assets	−12 000	437 000	0	0
Total Fixed Assets	1 076 000	1 569 000	0	4 911 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	10 000	0	2 000
Total Current Assets	199 000	630 000	26 000	27 000
Total Assets	1 275 000	2 198 000	26 000	4 938 000
Total Equity	1 166 000	1 011 000	−1 021 000	−2 249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	876 000	884 000	7 082 000
Creditors	6 000	106 000	6 000	34 000
Unpaid Taxes	93 000	116 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	9 000	89 000	157 000	68 000
Total Current Debt	108 000	312 000	163 000	105 000
Total Equity and Debt	1 275 000	2 198 000	26 000	4 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,29 %	200,99 %	−120,27 %	208,8 %
Debt-to-Equity Ratio	0	0,87	−0,87	−3,15
Operating Profit Margin	9,91 %	70,5 %	85,64 %	−1 186,94 %
Current Ratio	1,84	2,02	0,16	0,26
Quick Ratio	1,84	2,02	0,16	0,26
Equity Ratio	0,91	0,46	−39,27	−0,46
Gross Profit Margin	75,63 %	89,88 %	100 %	100 %