NORTIME NORWAY AS

9102 KVALØYSLETTA

Finances

Share Ownership

Return on Equity

−22,78 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	359 000	500 000	499 000	535 000
Net Income	−36 000	15 000	26 000	−3 000
Total Assets	281 000	325 000	299 000	245 000
Total Equity	158 000	194 000	180 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	359 000	500 000	499 000	535 000
Expenditure	394 000	480 000	464 000	539 000
Operating Profit	−36 000	19 000	35 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	−36 000	19 000	34 000	−4 000
Tax	0	5 000	7 000	−1 000
Net Income	−36 000	15 000	26 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 000
Total Current Assets	281 000	325 000	299 000	241 000
Total Assets	281 000	325 000	299 000	245 000
Total Retained Equity	128 000	164 000	150 000	124 000
Total Equity	158 000	194 000	180 000	154 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	123 000	130 000	119 000	91 000
Total Equity and Debt	281 000	325 000	299 000	245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	359 000	497 000	489 000	535 000
Other Income	0	3 000	10 000	0
Revenue	359 000	500 000	499 000	535 000
Cost of Goods Sold	274 000	357 000	338 000	393 000
Salary Costs	42 000	28 000	24 000	49 000
Depreciation	0	0	4 000	6 000
Impairment	0	0	0	0
Expenditure	394 000	480 000	464 000	539 000
Operating Profit	−36 000	19 000	35 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−36 000	15 000	26 000	−3 000

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	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	4 000
Stock	114 000	52 000	39 000	16 000
Total Investments	0	0	0	0
Cash, Bank	85 000	140 000	177 000	86 000
Total Current Assets	281 000	325 000	299 000	241 000
Total Assets	281 000	325 000	299 000	245 000
Total Equity	158 000	194 000	180 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	60 000	49 000	35 000	28 000
Unpaid Taxes	49 000	59 000	40 000	45 000
Dividends	0	0	0	0
Other Current Debt	14 000	17 000	36 000	18 000
Total Current Debt	123 000	130 000	119 000	91 000
Total Equity and Debt	281 000	325 000	299 000	245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,78 %	7,73 %	14,44 %	−1,95 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−10,03 %	3,8 %	7,01 %	−0,56 %
Current Ratio	2,28	2,5	2,51	2,65
Quick Ratio	31,22	4,17	3,74	3,21
Equity Ratio	0,56	0,6	0,6	0,63
Gross Profit Margin	23,68 %	28,6 %	32,26 %	26,54 %