NORTHENCE AS

4611 KRISTIANSAND S

Finances

Return on Equity

65,85 %

Current Ratio

4,2

Debt-to-Equity Ratio

4,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	514 000	370 000	24 859 000	1 459 000
Net Income	1 483 000	−3 721 000	9 598 000	3 487 000
Total Assets	12 014 000	12 439 000	17 808 000	24 692 000
Total Equity	2 252 000	769 000	10 489 000	11 871 000

Income (NOK)	2022	2021	2020	2019
Revenue	514 000	370 000	24 859 000	1 459 000
Expenditure	712 000	1 118 000	23 831 000	2 059 000
Operating Profit	−197 000	−748 000	1 028 000	−601 000
Financial Income	2 126 000	270 000	9 204 000	4 473 000
Financial Costs	446 000	3 243 000	634 000	385 000
Financial Balance	1 680 000	−2 973 000	8 570 000	4 088 000
Earnings Before Tax	1 483 000	−3 721 000	9 598 000	3 487 000
Tax	0	0	0	0
Net Income	1 483 000	−3 721 000	9 598 000	3 487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 040 000	4 220 000	7 714 000	9 862 000
Total Current Assets	974 000	8 219 000	10 094 000	14 831 000
Total Assets	12 014 000	12 439 000	17 808 000	24 692 000
Total Retained Equity	2 229 000	746 000	10 467 000	11 848 000
Total Equity	2 252 000	769 000	10 489 000	11 871 000
Total Long-Term Debt	9 530 000	8 461 000	6 859 000	12 527 000
Total Current Debt	232 000	3 209 000	460 000	294 000
Total Equity and Debt	12 014 000	12 439 000	17 808 000	24 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	514 000	370 000	1 559 000	1 459 000
Other Income	0	0	23 300 000	0
Revenue	514 000	370 000	24 859 000	1 459 000
Cost of Goods Sold	20 000	0	22 554 000	9 000
Salary Costs	21 000	68 000	611 000	386 000
Depreciation	19 000	10 000	104 000	100 000
Impairment	0	0	0	0
Expenditure	712 000	1 118 000	23 831 000	2 059 000
Operating Profit	−197 000	−748 000	1 028 000	−601 000
Financial Income	2 126 000	270 000	9 204 000	4 473 000
Financial Costs	446 000	3 243 000	634 000	385 000
Financial Balance	1 680 000	−2 973 000	8 570 000	4 088 000
Dividends	0	6 000 000	10 980 000	0
Net Income	1 483 000	−3 721 000	9 598 000	3 487 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	83 000	83 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	60 000	625 000	710 000
Total Tangible Assets	41 000	60 000	625 000	710 000
Total Fiancial Fixed Assets	10 916 000	4 078 000	7 006 000	9 069 000
Total Fixed Assets	11 040 000	4 220 000	7 714 000	9 862 000
Stock	0	0	0	13 780 000
Total Investments	0	0	0	0
Cash, Bank	483 000	803 000	9 168 000	133 000
Total Current Assets	974 000	8 219 000	10 094 000	14 831 000
Total Assets	12 014 000	12 439 000	17 808 000	24 692 000
Total Equity	2 252 000	769 000	10 489 000	11 871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 530 000	8 461 000	6 859 000	12 527 000
Creditors	151 000	250 000	151 000	60 000
Unpaid Taxes	13 000	34 000	165 000	84 000
Dividends	0	6 000 000	10 980 000	0
Other Current Debt	69 000	−75 000	144 000	150 000
Total Current Debt	232 000	3 209 000	460 000	294 000
Total Equity and Debt	12 014 000	12 439 000	17 808 000	24 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,85 %	−483,88 %	91,51 %	29,37 %
Debt-to-Equity Ratio	4,23	11	0,65	1,06
Operating Profit Margin	−38,33 %	−202,16 %	4,14 %	−41,19 %
Current Ratio	4,2	2,56	21,94	50,45
Quick Ratio	4,2	2,56	21,94	−1,1
Equity Ratio	0,19	0,06	0,59	0,48
Gross Profit Margin	96,11 %	100 %	9,27 %	99,38 %