NORTHWESTCOAST AS

6265 VATNE

Finances

Share Ownership

Return on Equity

247,66 %

Current Ratio

3,78

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000	0	0	54 000
Net Income	1 112 000	−185 000	−161 000	−94 000
Total Assets	1 477 000	1 282 000	1 409 000	1 166 000
Total Equity	449 000	−663 000	−478 000	−318 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000	0	0	54 000
Expenditure	−1 130 000	179 000	152 000	146 000
Operating Profit	1 177 000	−178 000	−151 000	−92 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	9 000	2 000
Financial Balance	−4 000	0	−9 000	−2 000
Earnings Before Tax	1 173 000	−178 000	−161 000	−94 000
Tax	61 000	7 000	0	0
Net Income	1 112 000	−185 000	−161 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 108 000	1 094 000	1 043 000	821 000
Total Current Assets	370 000	188 000	366 000	345 000
Total Assets	1 477 000	1 282 000	1 409 000	1 166 000
Total Retained Equity	−961 000	−2 073 000	−1 888 000	−1 728 000
Total Equity	449 000	−663 000	−478 000	−318 000
Total Long-Term Debt	930 000	480 000	30 000	30 000
Total Current Debt	98 000	1 465 000	1 857 000	1 454 000
Total Equity and Debt	1 477 000	1 282 000	1 409 000	1 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	0	0	54 000
Other Income	0	0	0	0
Revenue	47 000	0	0	54 000
Cost of Goods Sold	33 000	1 000	0	35 000
Salary Costs	−1 387 000	0	0	0
Depreciation	23 000	23 000	23 000	21 000
Impairment	0	0	0	0
Expenditure	−1 130 000	179 000	152 000	146 000
Operating Profit	1 177 000	−178 000	−151 000	−92 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	9 000	2 000
Financial Balance	−4 000	0	−9 000	−2 000
Dividends	0	0	0	0
Net Income	1 112 000	−185 000	−161 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	61 000	68 000	68 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 108 000	1 032 000	975 000	753 000
Fixtures	0	0	0	0
Total Tangible Assets	1 108 000	1 032 000	975 000	753 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 108 000	1 094 000	1 043 000	821 000
Stock	224 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	104 000	0	110 000
Total Current Assets	370 000	188 000	366 000	345 000
Total Assets	1 477 000	1 282 000	1 409 000	1 166 000
Total Equity	449 000	−663 000	−478 000	−318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	930 000	480 000	30 000	30 000
Creditors	45 000	76 000	469 000	62 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	53 000	1 388 000	1 388 000	1 388 000
Total Current Debt	98 000	1 465 000	1 857 000	1 454 000
Total Equity and Debt	1 477 000	1 282 000	1 409 000	1 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	247,66 %	27,9 %	33,68 %	29,56 %
Debt-to-Equity Ratio	2,07	−0,72	−0,06	−0,09
Operating Profit Margin	2 504,26 %	-	-	−170,37 %
Current Ratio	3,78	0,13	0,2	0,24
Quick Ratio	−2,94	0,13	0,2	0,24
Equity Ratio	0,3	−0,52	−0,34	−0,27
Gross Profit Margin	29,79 %	-	-	35,19 %