NORDIC TRACK COMPANY AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

56,97 %

Current Ratio

1,35

Debt-to-Equity Ratio

−1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 154 000	8 180 000	8 835 000	5 314 000
Net Income	−1 832 000	−1 741 000	104 000	−603 000
Total Assets	4 399 000	3 506 000	2 915 000	2 144 000
Total Equity	−3 216 000	−2 383 000	−642 000	−1 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 154 000	8 180 000	8 835 000	5 314 000
Expenditure	8 617 000	9 689 000	8 613 000	5 804 000
Operating Profit	−1 463 000	−1 509 000	221 000	−489 000
Financial Income	−1 000	4 000	0	0
Financial Costs	369 000	236 000	117 000	114 000
Financial Balance	−370 000	−232 000	−117 000	−114 000
Earnings Before Tax	−1 832 000	−1 741 000	104 000	−603 000
Tax	0	0	0	0
Net Income	−1 832 000	−1 741 000	104 000	−603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	196 000	103 000	141 000
Total Current Assets	4 219 000	3 310 000	2 813 000	2 003 000
Total Assets	4 399 000	3 506 000	2 915 000	2 144 000
Total Retained Equity	−6 061 000	−4 228 000	−2 487 000	−2 591 000
Total Equity	−3 216 000	−2 383 000	−642 000	−1 849 000
Total Long-Term Debt	4 500 000	2 500 000	1 000 000	349 000
Total Current Debt	3 115 000	3 389 000	2 558 000	3 644 000
Total Equity and Debt	4 399 000	3 506 000	2 915 000	2 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 934 000	8 010 000	8 655 000	4 673 000
Other Income	220 000	170 000	180 000	641 000
Revenue	7 154 000	8 180 000	8 835 000	5 314 000
Cost of Goods Sold	4 966 000	6 123 000	6 040 000	3 150 000
Salary Costs	1 573 000	1 898 000	1 159 000	971 000
Depreciation	51 000	52 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	8 617 000	9 689 000	8 613 000	5 804 000
Operating Profit	−1 463 000	−1 509 000	221 000	−489 000
Financial Income	−1 000	4 000	0	0
Financial Costs	369 000	236 000	117 000	114 000
Financial Balance	−370 000	−232 000	−117 000	−114 000
Dividends	0	0	0	0
Net Income	−1 832 000	−1 741 000	104 000	−603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	181 000	88 000	126 000
Total Tangible Assets	145 000	181 000	88 000	126 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	180 000	196 000	103 000	141 000
Stock	3 906 000	2 726 000	2 371 000	1 705 000
Total Investments	0	0	0	0
Cash, Bank	34 000	95 000	54 000	34 000
Total Current Assets	4 219 000	3 310 000	2 813 000	2 003 000
Total Assets	4 399 000	3 506 000	2 915 000	2 144 000
Total Equity	−3 216 000	−2 383 000	−642 000	−1 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 500 000	2 500 000	1 000 000	349 000
Creditors	1 517 000	1 609 000	1 376 000	1 257 000
Unpaid Taxes	44 000	99 000	104 000	86 000
Dividends	0	0	0	0
Other Current Debt	775 000	956 000	486 000	1 642 000
Total Current Debt	3 115 000	3 389 000	2 558 000	3 644 000
Total Equity and Debt	4 399 000	3 506 000	2 915 000	2 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,97 %	73,06 %	−16,2 %	32,61 %
Debt-to-Equity Ratio	−1,4	−1,05	−1,56	−0,19
Operating Profit Margin	−20,45 %	−18,45 %	2,5 %	−9,2 %
Current Ratio	1,35	0,98	1,1	0,55
Quick Ratio	−5,33	4,99	15,04	1,03
Equity Ratio	−0,73	−0,68	−0,22	−0,86
Gross Profit Margin	30,58 %	25,15 %	31,64 %	40,72 %