NORTHUG AS

7690 MOSVIK

Finances

Share Ownership

Return on Equity

63,94 %

Current Ratio

318,71

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 061 000	351 000	30 000	2 038 000
Net Income	1 126 000	−391 000	−555 000	800 000
Total Assets	3 255 000	2 382 000	2 632 000	4 754 000
Total Equity	1 761 000	635 000	131 000	686 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 061 000	351 000	30 000	2 038 000
Expenditure	538 000	717 000	597 000	838 000
Operating Profit	1 524 000	−391 000	−567 000	1 200 000
Financial Income	0	0	0	0
Financial Costs	80 000	110 000	145 000	174 000
Financial Balance	−80 000	−110 000	−145 000	−174 000
Earnings Before Tax	1 444 000	−501 000	−711 000	1 026 000
Tax	318 000	−110 000	−157 000	226 000
Net Income	1 126 000	−391 000	−555 000	800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 025 000	1 717 000	1 981 000	2 204 000
Total Current Assets	2 231 000	665 000	651 000	2 550 000
Total Assets	3 255 000	2 382 000	2 632 000	4 754 000
Total Retained Equity	−3 894 000	−5 020 000	−4 629 000	−4 074 000
Total Equity	1 761 000	635 000	131 000	686 000
Total Long-Term Debt	1 487 000	1 747 000	2 355 000	3 411 000
Total Current Debt	7 000	0	146 000	656 000
Total Equity and Debt	3 255 000	2 382 000	2 632 000	4 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 061 000	351 000	130 000	2 038 000
Other Income	0	0	−100 000	0
Revenue	2 061 000	351 000	30 000	2 038 000
Cost of Goods Sold	23 000	0	16 000	102 000
Salary Costs	0	0	0	1 000
Depreciation	374 000	374 000	379 000	391 000
Impairment	0	0	0	0
Expenditure	538 000	717 000	597 000	838 000
Operating Profit	1 524 000	−391 000	−567 000	1 200 000
Financial Income	0	0	0	0
Financial Costs	80 000	110 000	145 000	174 000
Financial Balance	−80 000	−110 000	−145 000	−174 000
Dividends	0	0	0	0
Net Income	1 126 000	−391 000	−555 000	800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 025 000	1 717 000	1 981 000	2 204 000
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	1 025 000	1 717 000	1 981 000	2 204 000
Stock	258 000	281 000	305 000	321 000
Total Investments	0	0	0	0
Cash, Bank	13 000	101 000	64 000	70 000
Total Current Assets	2 231 000	665 000	651 000	2 550 000
Total Assets	3 255 000	2 382 000	2 632 000	4 754 000
Total Equity	1 761 000	635 000	131 000	686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 487 000	1 747 000	2 355 000	3 411 000
Creditors	7 000	0	3 000	268 000
Unpaid Taxes	0	0	−33 000	213 000
Dividends	0	0	0	0
Other Current Debt	0	0	176 000	176 000
Total Current Debt	7 000	0	146 000	656 000
Total Equity and Debt	3 255 000	2 382 000	2 632 000	4 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,94 %	−61,57 %	−423,66 %	116,62 %
Debt-to-Equity Ratio	0,84	2,75	17,98	4,97
Operating Profit Margin	73,94 %	−111,4 %	−1 890 %	58,88 %
Current Ratio	318,71	-	4,46	3,89
Quick Ratio	−8,89	−2,37	−4,09	7,61
Equity Ratio	0,54	0,27	0,05	0,14
Gross Profit Margin	98,88 %	100 %	46,67 %	95 %