NORDIC VENTURE AS

1364 FORNEBU

Finances

Return on Equity

24,5 %

Current Ratio

19,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 000	88 000	0	81 000
Net Income	430 000	−130 000	−539 000	703 000
Total Assets	1 810 000	1 401 000	1 466 000	2 024 000
Total Equity	1 755 000	1 325 000	1 455 000	1 993 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 000	88 000	0	81 000
Expenditure	133 000	111 000	47 000	103 000
Operating Profit	−35 000	−23 000	−47 000	−21 000
Financial Income	478 000	161 000	95 000	725 000
Financial Costs	13 000	268 000	586 000	0
Financial Balance	465 000	−107 000	−491 000	725 000
Earnings Before Tax	430 000	−130 000	−539 000	703 000
Tax	0	0	0	0
Net Income	430 000	−130 000	−539 000	703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	713 000	737 000	125 000	125 000
Total Current Assets	1 098 000	663 000	1 341 000	1 899 000
Total Assets	1 810 000	1 401 000	1 466 000	2 024 000
Total Retained Equity	1 653 000	1 223 000	1 353 000	1 892 000
Total Equity	1 755 000	1 325 000	1 455 000	1 993 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	76 000	11 000	30 000
Total Equity and Debt	1 810 000	1 401 000	1 466 000	2 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 000	88 000	0	81 000
Other Income	0	0	0	0
Revenue	98 000	88 000	0	81 000
Cost of Goods Sold	77 000	71 000	0	57 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	133 000	111 000	47 000	103 000
Operating Profit	−35 000	−23 000	−47 000	−21 000
Financial Income	478 000	161 000	95 000	725 000
Financial Costs	13 000	268 000	586 000	0
Financial Balance	465 000	−107 000	−491 000	725 000
Dividends	0	0	0	0
Net Income	430 000	−130 000	−539 000	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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	713 000	737 000	125 000	125 000
Total Fixed Assets	713 000	737 000	125 000	125 000
Stock	0	0	0	0
Total Investments	1 052 000	621 000	1 276 000	1 817 000
Cash, Bank	46 000	42 000	60 000	81 000
Total Current Assets	1 098 000	663 000	1 341 000	1 899 000
Total Assets	1 810 000	1 401 000	1 466 000	2 024 000
Total Equity	1 755 000	1 325 000	1 455 000	1 993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	8 000	0	0
Unpaid Taxes	14 000	14 000	0	14 000
Dividends	0	0	0	0
Other Current Debt	41 000	54 000	11 000	15 000
Total Current Debt	56 000	76 000	11 000	30 000
Total Equity and Debt	1 810 000	1 401 000	1 466 000	2 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,5 %	−9,81 %	−37,04 %	35,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−35,71 %	−26,14 %	-	−25,93 %
Current Ratio	19,61	8,72	121,91	63,3
Quick Ratio	19,61	8,72	121,91	63,3
Equity Ratio	0,97	0,95	0,99	0,98
Gross Profit Margin	21,43 %	19,32 %	-	29,63 %