NORDIC ESTATE AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

−87,48 %

Current Ratio

6,07

Debt-to-Equity Ratio

40,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 469 000	33 147 000	36 664 000	13 400 000
Net Income	−1 286 000	761 000	−2 051 000	176 000
Total Assets	73 736 000	23 885 000	46 205 000	68 417 000
Total Equity	1 470 000	2 756 000	1 995 000	4 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 469 000	33 147 000	36 664 000	13 400 000
Expenditure	3 632 000	31 576 000	35 913 000	10 136 000
Operating Profit	836 000	1 570 000	751 000	3 264 000
Financial Income	31 000	1 000	20 000	116 000
Financial Costs	2 516 000	1 159 000	2 823 000	3 154 000
Financial Balance	−2 485 000	−1 158 000	−2 803 000	−3 038 000
Earnings Before Tax	−1 649 000	413 000	−2 051 000	226 000
Tax	−363 000	−349 000	0	50 000
Net Income	−1 286 000	761 000	−2 051 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	711 000	349 000	0	0
Total Current Assets	73 025 000	23 536 000	46 205 000	68 417 000
Total Assets	73 736 000	23 885 000	46 205 000	68 417 000
Total Retained Equity	156 000	1 443 000	682 000	2 733 000
Total Equity	1 470 000	2 756 000	1 995 000	4 046 000
Total Long-Term Debt	60 232 000	17 616 000	40 156 000	60 292 000
Total Current Debt	12 035 000	3 513 000	4 054 000	4 079 000
Total Equity and Debt	73 736 000	23 885 000	46 205 000	68 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 349 000	33 027 000	36 068 000	13 371 000
Other Income	120 000	120 000	596 000	30 000
Revenue	4 469 000	33 147 000	36 664 000	13 400 000
Cost of Goods Sold	3 263 000	31 382 000	35 524 000	9 629 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 632 000	31 576 000	35 913 000	10 136 000
Operating Profit	836 000	1 570 000	751 000	3 264 000
Financial Income	31 000	1 000	20 000	116 000
Financial Costs	2 516 000	1 159 000	2 823 000	3 154 000
Financial Balance	−2 485 000	−1 158 000	−2 803 000	−3 038 000
Dividends	0	0	0	0
Net Income	−1 286 000	761 000	−2 051 000	176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	711 000	349 000	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	711 000	349 000	0	0
Stock	67 988 000	21 478 000	45 800 000	67 490 000
Total Investments	0	0	0	0
Cash, Bank	326 000	1 298 000	377 000	664 000
Total Current Assets	73 025 000	23 536 000	46 205 000	68 417 000
Total Assets	73 736 000	23 885 000	46 205 000	68 417 000
Total Equity	1 470 000	2 756 000	1 995 000	4 046 000
Short-Term Group Debt	0	0	0	226 000
Total Long-Term Debt	60 232 000	17 616 000	40 156 000	60 292 000
Creditors	3 115 000	36 000	735 000	524 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 920 000	3 478 000	3 319 000	3 329 000
Total Current Debt	12 035 000	3 513 000	4 054 000	4 079 000
Total Equity and Debt	73 736 000	23 885 000	46 205 000	68 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,48 %	27,61 %	−102,81 %	4,35 %
Debt-to-Equity Ratio	40,97	6,39	20,13	14,9
Operating Profit Margin	18,71 %	4,74 %	2,05 %	24,36 %
Current Ratio	6,07	6,7	11,4	16,77
Quick Ratio	−1,31	−1,31	−1,11	−1,08
Equity Ratio	0,02	0,12	0,04	0,06
Gross Profit Margin	26,99 %	5,32 %	3,11 %	28,14 %