NEVAND AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

84,38 %

Current Ratio

2,32

Debt-to-Equity Ratio

−9,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	885 000	203 000	0	0
Net Income	−1 680 000	−433 000	−20 000	−17 000
Total Assets	17 518 000	18 527 000	125 000	149 000
Total Equity	−1 991 000	−311 000	122 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	885 000	203 000	0	0
Expenditure	1 998 000	701 000	20 000	22 000
Operating Profit	−1 113 000	−498 000	−20 000	−22 000
Financial Income	0	0	0	0
Financial Costs	814 000	290 000	0	0
Financial Balance	−814 000	−290 000	0	0
Earnings Before Tax	−1 926 000	−789 000	−20 000	−22 000
Tax	−246 000	−356 000	0	−5 000
Net Income	−1 680 000	−433 000	−20 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 402 000	18 356 000	0	0
Total Current Assets	116 000	171 000	125 000	149 000
Total Assets	17 518 000	18 527 000	125 000	149 000
Total Retained Equity	−2 888 000	−1 207 000	−775 000	−754 000
Total Equity	−1 991 000	−311 000	122 000	142 000
Total Long-Term Debt	19 459 000	18 290 000	0	0
Total Current Debt	50 000	547 000	3 000	7 000
Total Equity and Debt	17 518 000	18 527 000	125 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 000	0	0	0
Other Income	626 000	203 000	0	0
Revenue	885 000	203 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	263 000	0	0
Depreciation	1 200 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 998 000	701 000	20 000	22 000
Operating Profit	−1 113 000	−498 000	−20 000	−22 000
Financial Income	0	0	0	0
Financial Costs	814 000	290 000	0	0
Financial Balance	−814 000	−290 000	0	0
Dividends	0	0	0	0
Net Income	−1 680 000	−433 000	−20 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	602 000	356 000	0	0
Real Eastate	16 800 000	18 000 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 800 000	18 000 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 402 000	18 356 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	82 000	4 000	15 000
Total Current Assets	116 000	171 000	125 000	149 000
Total Assets	17 518 000	18 527 000	125 000	149 000
Total Equity	−1 991 000	−311 000	122 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 459 000	18 290 000	0	0
Creditors	40 000	260 000	3 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	287 000	0	0
Total Current Debt	50 000	547 000	3 000	7 000
Total Equity and Debt	17 518 000	18 527 000	125 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,38 %	139,23 %	−16,39 %	−11,97 %
Debt-to-Equity Ratio	−9,77	−58,81	0	0
Operating Profit Margin	−125,76 %	−245,32 %	-	-
Current Ratio	2,32	0,31	41,67	21,29
Quick Ratio	2,32	0,31	41,67	21,29
Equity Ratio	−0,11	−0,02	0,98	0,95
Gross Profit Margin	100 %	100 %	-	-