NINE DOWNHOLE NORWAY AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

14,92 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 337 000	16 577 000	19 154 000	0
Net Income	1 151 000	608 000	1 616 000	0
Total Assets	37 729 000	9 582 000	8 348 000	30 000
Total Equity	7 716 000	6 565 000	5 957 000	30 000

Income (NOK)	2022	2021	2020
Revenue	36 337 000	16 577 000	19 154 000
Expenditure	34 757 000	15 572 000	17 282 000
Operating Profit	1 580 000	1 005 000	1 872 000
Financial Income	721 000	296 000	632 000
Financial Costs	858 000	504 000	430 000
Financial Balance	−137 000	−208 000	202 000
Earnings Before Tax	1 444 000	797 000	2 074 000
Tax	292 000	189 000	457 000
Net Income	1 151 000	608 000	1 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 464 000	277 000	390 000	0
Total Current Assets	36 265 000	9 304 000	7 958 000	30 000
Total Assets	37 729 000	9 582 000	8 348 000	30 000
Total Retained Equity	1 764 000	613 000	5 000	0
Total Equity	7 716 000	6 565 000	5 957 000	30 000
Total Long-Term Debt	100 000	100 000	100 000	0
Total Current Debt	29 913 000	2 917 000	2 291 000	0
Total Equity and Debt	37 729 000	9 582 000	8 348 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	36 337 000	16 577 000	19 154 000
Other Income	0	0	0
Revenue	36 337 000	16 577 000	19 154 000
Cost of Goods Sold	20 225 000	6 135 000	8 330 000
Salary Costs	9 735 000	6 754 000	6 479 000
Depreciation	243 000	141 000	118 000
Impairment	0	0	0
Expenditure	34 757 000	15 572 000	17 282 000
Operating Profit	1 580 000	1 005 000	1 872 000
Financial Income	721 000	296 000	632 000
Financial Costs	858 000	504 000	430 000
Financial Balance	−137 000	−208 000	202 000
Dividends	0	0	0
Net Income	1 151 000	608 000	1 616 000

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	78 000	120 000	174 000	0
Fixtures	1 377 000	150 000	217 000	0
Total Tangible Assets	1 456 000	269 000	390 000	0
Total Fiancial Fixed Assets	9 000	8 000	0	0
Total Fixed Assets	1 464 000	277 000	390 000	0
Stock	12 928 000	3 735 000	2 645 000	0
Total Investments	0	0	0	0
Cash, Bank	10 466 000	4 074 000	2 877 000	30 000
Total Current Assets	36 265 000	9 304 000	7 958 000	30 000
Total Assets	37 729 000	9 582 000	8 348 000	30 000
Total Equity	7 716 000	6 565 000	5 957 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	0
Creditors	8 240 000	1 182 000	743 000	0
Unpaid Taxes	−1 021 000	75 000	203 000	0
Dividends	0	0	0	0
Other Current Debt	22 403 000	1 470 000	1 342 000	0
Total Current Debt	29 913 000	2 917 000	2 291 000	0
Total Equity and Debt	37 729 000	9 582 000	8 348 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,92 %	9,26 %	27,13 %	0 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0
Operating Profit Margin	4,35 %	6,06 %	9,77 %	-
Current Ratio	1,21	3,19	3,47	-
Quick Ratio	2,14	−11,37	−22,48	-
Equity Ratio	0,2	0,69	0,71	1
Gross Profit Margin	44,34 %	62,99 %	56,51 %	-