NORWEGIAN-AFRICAN BUSINESS ASSOCIATION (NABA)

0368 OSLO

Finances

Share Ownership

Return on Equity

−32,86 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 713 000	4 300 000	3 125 000	5 622 000
Net Income	−698 000	−152 000	85 000	665 000
Total Assets	2 906 000	3 048 000	3 379 000	3 570 000
Total Equity	2 124 000	2 823 000	2 974 000	2 889 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 713 000	4 300 000	3 125 000	5 622 000
Expenditure	5 411 000	−4 454 000	−3 037 000	−4 958 000
Operating Profit	10 123 000	−153 000	88 000	664 000
Financial Income	1 000	4 000	1 000	1 000
Financial Costs	1 000	−2 000	−4 000	0
Financial Balance	0	6 000	5 000	1 000
Earnings Before Tax	−698 000	−152 000	85 000	665 000
Tax	0	0	0	0
Net Income	−698 000	−152 000	85 000	665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	66 000	106 000	58 000
Total Current Assets	2 880 000	2 982 000	3 273 000	3 512 000
Total Assets	2 906 000	3 048 000	3 379 000	3 570 000
Total Retained Equity	2 124 000	2 823 000	2 974 000	2 889 000
Total Equity	2 124 000	2 823 000	2 974 000	2 889 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	782 000	225 000	404 000	680 000
Total Equity and Debt	2 906 000	3 048 000	3 379 000	3 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 282 000	3 901 000	3 075 000	5 622 000
Other Income	0	399 000	0	0
Revenue	4 713 000	4 300 000	3 125 000	5 622 000
Cost of Goods Sold	1 343 000	−837 000	−418 000	−818 000
Salary Costs	2 428 000	−1 927 000	−1 955 000	−2 043 000
Depreciation	40 000	−40 000	−32 000	−24 000
Impairment	0	0	0	0
Expenditure	5 411 000	−4 454 000	−3 037 000	−4 958 000
Operating Profit	10 123 000	−153 000	88 000	664 000
Financial Income	1 000	4 000	1 000	1 000
Financial Costs	1 000	−2 000	−4 000	0
Financial Balance	0	6 000	5 000	1 000
Dividends	0	0	0	0
Net Income	−698 000	−152 000	85 000	665 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	66 000	106 000	58 000
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	26 000	66 000	106 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 698 000	2 597 000	2 601 000	2 913 000
Total Current Assets	2 880 000	2 982 000	3 273 000	3 512 000
Total Assets	2 906 000	3 048 000	3 379 000	3 570 000
Total Equity	2 124 000	2 823 000	2 974 000	2 889 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	10 000	15 000	7 000
Unpaid Taxes	102 000	21 000	64 000	246 000
Dividends	0	0	0	0
Other Current Debt	654 000	194 000	325 000	427 000
Total Current Debt	782 000	225 000	404 000	680 000
Total Equity and Debt	2 906 000	3 048 000	3 379 000	3 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,86 %	−5,38 %	2,86 %	23,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	214,79 %	−3,56 %	2,82 %	11,81 %
Current Ratio	3,68	13,25	8,1	5,16
Quick Ratio	3,68	13,25	8,1	5,16
Equity Ratio	0,73	0,93	0,88	0,81
Gross Profit Margin	71,5 %	119,47 %	113,38 %	114,55 %