NORNIR AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−71,91 %

Current Ratio

3,94

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 967 000	1 624 000	787 000	606 000
Net Income	−5 031 000	−2 491 000	−2 539 000	−6 646 000
Total Assets	12 629 000	9 595 000	10 388 000	12 648 000
Total Equity	6 996 000	−3 003 000	−512 000	2 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 967 000	1 624 000	787 000	606 000
Expenditure	8 451 000	4 018 000	3 087 000	6 324 000
Operating Profit	−5 484 000	−2 394 000	−2 301 000	−5 720 000
Financial Income	107 000	1 000	7 000	8 000
Financial Costs	94 000	98 000	245 000	934 000
Financial Balance	13 000	−97 000	−238 000	−926 000
Earnings Before Tax	−5 471 000	−2 491 000	−2 539 000	−6 646 000
Tax	−440 000	0	0	0
Net Income	−5 031 000	−2 491 000	−2 539 000	−6 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 203 000	7 352 000	8 590 000	9 805 000
Total Current Assets	6 426 000	2 243 000	1 798 000	2 842 000
Total Assets	12 629 000	9 595 000	10 388 000	12 648 000
Total Retained Equity	−1 149 000	−11 146 000	−8 654 000	−6 113 000
Total Equity	6 996 000	−3 003 000	−512 000	2 027 000
Total Long-Term Debt	4 000 000	1 706 000	1 774 000	2 058 000
Total Current Debt	1 633 000	10 892 000	9 126 000	8 563 000
Total Equity and Debt	12 629 000	9 595 000	10 388 000	12 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 213 000	1 376 000	435 000	4 000
Other Income	−246 000	248 000	352 000	602 000
Revenue	2 967 000	1 624 000	787 000	606 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 871 000	265 000	859 000	74 000
Depreciation	1 265 000	1 238 000	1 233 000	1 235 000
Impairment	0	0	0	0
Expenditure	8 451 000	4 018 000	3 087 000	6 324 000
Operating Profit	−5 484 000	−2 394 000	−2 301 000	−5 720 000
Financial Income	107 000	1 000	7 000	8 000
Financial Costs	94 000	98 000	245 000	934 000
Financial Balance	13 000	−97 000	−238 000	−926 000
Dividends	0	0	0	0
Net Income	−5 031 000	−2 491 000	−2 539 000	−6 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 111 000	7 333 000	8 556 000	9 778 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	19 000	34 000	17 000
Total Tangible Assets	86 000	19 000	34 000	17 000
Total Fiancial Fixed Assets	6 000	0	0	10 000
Total Fixed Assets	6 203 000	7 352 000	8 590 000	9 805 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 027 000	51 000	40 000	65 000
Total Current Assets	6 426 000	2 243 000	1 798 000	2 842 000
Total Assets	12 629 000	9 595 000	10 388 000	12 648 000
Total Equity	6 996 000	−3 003 000	−512 000	2 027 000
Short-Term Group Debt	5 000	6 894 000	5 740 000	30 000
Total Long-Term Debt	4 000 000	1 706 000	1 774 000	2 058 000
Creditors	280 000	3 218 000	2 810 000	6 765 000
Unpaid Taxes	418 000	98 000	93 000	38 000
Dividends	0	0	0	0
Other Current Debt	929 000	575 000	377 000	1 620 000
Total Current Debt	1 633 000	10 892 000	9 126 000	8 563 000
Total Equity and Debt	12 629 000	9 595 000	10 388 000	12 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,91 %	82,95 %	495,9 %	−327,87 %
Debt-to-Equity Ratio	0,57	−0,57	−3,46	1,02
Operating Profit Margin	−184,83 %	−147,41 %	−292,38 %	−943,89 %
Current Ratio	3,94	0,21	0,2	0,33
Quick Ratio	3,94	0,21	0,2	0,33
Equity Ratio	0,55	−0,31	−0,05	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %