NORDICART AS

3132 HUSØYSUND

Finances

Share Ownership

Return on Equity

−128,17 %

Current Ratio

4,04

Debt-to-Equity Ratio

−3,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	545 000	450 000	14 000	98 000
Net Income	364 000	41 000	11 000	89 000
Total Assets	1 009 000	1 011 000	868 000	856 000
Total Equity	−284 000	−648 000	−623 000	−712 000

Income (NOK)	2022	2021	2020	2019
Revenue	545 000	450 000	14 000	98 000
Expenditure	78 000	395 000	0	0
Operating Profit	467 000	54 000	14 000	98 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	1 000
Financial Balance	−1 000	−1 000	0	−1 000
Earnings Before Tax	466 000	53 000	14 000	97 000
Tax	103 000	12 000	3 000	8 000
Net Income	364 000	41 000	11 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 009 000	1 011 000	868 000	856 000
Total Assets	1 009 000	1 011 000	868 000	856 000
Total Retained Equity	−314 000	−678 000	−653 000	−742 000
Total Equity	−284 000	−648 000	−623 000	−712 000
Total Long-Term Debt	1 043 000	1 511 000	1 447 000	1 535 000
Total Current Debt	250 000	148 000	44 000	32 000
Total Equity and Debt	1 009 000	1 011 000	868 000	856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	545 000	450 000	14 000	98 000
Other Income	0	0	0	0
Revenue	545 000	450 000	14 000	98 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	332 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	78 000	395 000	0	0
Operating Profit	467 000	54 000	14 000	98 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	1 000
Financial Balance	−1 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	364 000	41 000	11 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	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	0	0	0	0
Stock	126 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	120 000	14 000	2 000
Total Current Assets	1 009 000	1 011 000	868 000	856 000
Total Assets	1 009 000	1 011 000	868 000	856 000
Total Equity	−284 000	−648 000	−623 000	−712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 043 000	1 511 000	1 447 000	1 535 000
Creditors	37 000	47 000	0	0
Unpaid Taxes	66 000	69 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	45 000	31 000	38 000	24 000
Total Current Debt	250 000	148 000	44 000	32 000
Total Equity and Debt	1 009 000	1 011 000	868 000	856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,17 %	−6,33 %	−1,77 %	−12,5 %
Debt-to-Equity Ratio	−3,67	−2,33	−2,32	−2,16
Operating Profit Margin	85,69 %	12 %	100 %	100 %
Current Ratio	4,04	6,83	19,73	26,75
Quick Ratio	8,14	6,83	19,73	26,75
Equity Ratio	−0,28	−0,64	−0,72	−0,83
Gross Profit Margin	100 %	100 %	100 %	100 %