NORD DEVELOPMENT AS

0267 OSLO

Finances

Return on Equity

−6,24 %

Current Ratio

0,92

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 000	197 000	32 640 000	686 000
Net Income	−201 000	−2 297 000	9 541 000	−1 450 000
Total Assets	22 650 000	23 954 000	28 711 000	5 823 000
Total Equity	3 223 000	3 425 000	5 722 000	−3 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 000	197 000	32 640 000	686 000
Expenditure	1 124 000	1 000 000	24 675 000	2 128 000
Operating Profit	−946 000	−804 000	7 965 000	−1 442 000
Financial Income	7 728 000	4 680 000	3 563 000	2 000
Financial Costs	6 983 000	6 130 000	673 000	10 000
Financial Balance	745 000	−1 450 000	2 890 000	−8 000
Earnings Before Tax	−201 000	−2 254 000	10 855 000	−1 450 000
Tax	0	43 000	1 313 000	0
Net Income	−201 000	−2 297 000	9 541 000	−1 450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 614 000	10 663 000	5 386 000	5 442 000
Total Current Assets	12 036 000	13 291 000	23 326 000	381 000
Total Assets	22 650 000	23 954 000	28 711 000	5 823 000
Total Retained Equity	3 123 000	3 325 000	5 622 000	−3 920 000
Total Equity	3 223 000	3 425 000	5 722 000	−3 820 000
Total Long-Term Debt	6 404 000	5 890 000	5 890 000	5 890 000
Total Current Debt	13 023 000	14 639 000	17 100 000	3 752 000
Total Equity and Debt	22 650 000	23 954 000	28 711 000	5 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	34 000	32 456 000	612 000
Other Income	178 000	162 000	184 000	73 000
Revenue	178 000	197 000	32 640 000	686 000
Cost of Goods Sold	0	−20 000	23 874 000	160 000
Salary Costs	430 000	524 000	303 000	495 000
Depreciation	189 000	171 000	168 000	171 000
Impairment	0	0	0	0
Expenditure	1 124 000	1 000 000	24 675 000	2 128 000
Operating Profit	−946 000	−804 000	7 965 000	−1 442 000
Financial Income	7 728 000	4 680 000	3 563 000	2 000
Financial Costs	6 983 000	6 130 000	673 000	10 000
Financial Balance	745 000	−1 450 000	2 890 000	−8 000
Dividends	0	0	0	0
Net Income	−201 000	−2 297 000	9 541 000	−1 450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 871 000	9 913 000	4 785 000	4 886 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	644 000	650 000	601 000	556 000
Total Tangible Assets	10 514 000	10 563 000	5 386 000	5 442 000
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	10 614 000	10 663 000	5 386 000	5 442 000
Stock	0	0	0	0
Total Investments	1 019 000	6 738 000	13 235 000	0
Cash, Bank	10 937 000	6 543 000	7 226 000	279 000
Total Current Assets	12 036 000	13 291 000	23 326 000	381 000
Total Assets	22 650 000	23 954 000	28 711 000	5 823 000
Total Equity	3 223 000	3 425 000	5 722 000	−3 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 404 000	5 890 000	5 890 000	5 890 000
Creditors	11 780 000	11 749 000	11 770 000	2 000
Unpaid Taxes	35 000	50 000	31 000	120 000
Dividends	0	0	0	0
Other Current Debt	1 208 000	2 796 000	3 989 000	3 630 000
Total Current Debt	13 023 000	14 639 000	17 100 000	3 752 000
Total Equity and Debt	22 650 000	23 954 000	28 711 000	5 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,24 %	−67,07 %	166,74 %	37,96 %
Debt-to-Equity Ratio	1,99	1,72	1,03	−1,54
Operating Profit Margin	−531,46 %	−408,12 %	24,4 %	−210,2 %
Current Ratio	0,92	0,91	1,36	0,1
Quick Ratio	0,92	0,91	1,36	0,1
Equity Ratio	0,14	0,14	0,2	−0,66
Gross Profit Margin	100 %	110,15 %	26,86 %	76,68 %