NORDIC ADDITIONAL FUNDING AS

5003 BERGEN

Finances

Return on Equity

−35,7 %

Current Ratio

773,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	0	−149 358 000	29 667 000
Net Income	−8 275 000	−11 677 000	−33 139 000	−67 671 000
Total Assets	23 209 000	35 123 000	46 776 000	77 005 000
Total Equity	23 179 000	35 070 000	46 747 000	76 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	0	−149 358 000	29 667 000
Expenditure	8 390 000	11 685 000	−116 208 000	97 278 000
Operating Profit	−8 362 000	−11 684 000	−33 150 000	−67 610 000
Financial Income	89 000	7 000	11 000	49 000
Financial Costs	0	0	0	103 000
Financial Balance	89 000	7 000	11 000	−54 000
Earnings Before Tax	−8 273 000	−11 677 000	−33 139 000	−67 664 000
Tax	2 000	0	0	6 000
Net Income	−8 275 000	−11 677 000	−33 139 000	−67 671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	23 209 000	35 123 000	46 776 000	77 005 000
Total Assets	23 209 000	35 123 000	46 776 000	77 005 000
Total Retained Equity	−110 842 000	−102 567 000	−90 890 000	−205 616 000
Total Equity	23 179 000	35 070 000	46 747 000	76 976 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	53 000	28 000	28 000
Total Equity and Debt	23 209 000	35 123 000	46 776 000	77 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	0	−149 358 000	29 667 000
Other Income	0	0	0	0
Revenue	28 000	0	−149 358 000	29 667 000
Cost of Goods Sold	8 244 000	11 498 000	−116 478 000	96 676 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 390 000	11 685 000	−116 208 000	97 278 000
Operating Profit	−8 362 000	−11 684 000	−33 150 000	−67 610 000
Financial Income	89 000	7 000	11 000	49 000
Financial Costs	0	0	0	103 000
Financial Balance	89 000	7 000	11 000	−54 000
Dividends	0	0	0	0
Net Income	−8 275 000	−11 677 000	−33 139 000	−67 671 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	20 928 000	30 392 000	44 545 000	74 140 000
Cash, Bank	2 282 000	4 731 000	2 231 000	2 865 000
Total Current Assets	23 209 000	35 123 000	46 776 000	77 005 000
Total Assets	23 209 000	35 123 000	46 776 000	77 005 000
Total Equity	23 179 000	35 070 000	46 747 000	76 976 000
Short-Term Group Debt	28 000	28 000	28 000	28 000
Total Long-Term Debt	0	0	0	0
Creditors	0	25 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	30 000	53 000	28 000	28 000
Total Equity and Debt	23 209 000	35 123 000	46 776 000	77 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,7 %	−33,3 %	−70,89 %	−87,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−29 864,29 %	-	22,19 %	−227,9 %
Current Ratio	773,63	662,7	1 670,57	2 750,18
Quick Ratio	773,63	662,7	1 670,57	2 750,18
Equity Ratio	1	1	1	1
Gross Profit Margin	−29 342,86 %	-	22,01 %	−225,87 %