NORDIC SEAL AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

46,01 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 876 000	8 007 000	8 261 000	8 356 000
Net Income	2 172 000	1 188 000	495 000	−1 249 000
Total Assets	9 067 000	8 695 000	7 327 000	7 623 000
Total Equity	4 721 000	5 270 000	4 082 000	3 587 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 876 000	8 007 000	8 261 000	8 356 000
Expenditure	8 126 000	6 248 000	7 674 000	9 839 000
Operating Profit	2 751 000	1 760 000	586 000	−1 484 000
Financial Income	185 000	43 000	235 000	42 000
Financial Costs	148 000	275 000	173 000	129 000
Financial Balance	37 000	−232 000	62 000	−87 000
Earnings Before Tax	2 787 000	1 528 000	648 000	−1 571 000
Tax	615 000	340 000	152 000	−322 000
Net Income	2 172 000	1 188 000	495 000	−1 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 389 000	1 121 000	1 418 000	1 671 000
Total Current Assets	7 678 000	7 574 000	5 910 000	5 952 000
Total Assets	9 067 000	8 695 000	7 327 000	7 623 000
Total Retained Equity	2 821 000	3 370 000	2 182 000	1 687 000
Total Equity	4 721 000	5 270 000	4 082 000	3 587 000
Total Long-Term Debt	0	2 291 000	3 819 000	2 625 000
Total Current Debt	4 347 000	1 135 000	836 000	1 411 000
Total Equity and Debt	9 067 000	8 695 000	7 327 000	7 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 876 000	8 007 000	8 261 000	8 356 000
Other Income	0	0	0	0
Revenue	10 876 000	8 007 000	8 261 000	8 356 000
Cost of Goods Sold	2 285 000	1 067 000	1 428 000	2 073 000
Salary Costs	2 910 000	2 894 000	3 391 000	4 727 000
Depreciation	33 000	41 000	54 000	61 000
Impairment	0	0	0	0
Expenditure	8 126 000	6 248 000	7 674 000	9 839 000
Operating Profit	2 751 000	1 760 000	586 000	−1 484 000
Financial Income	185 000	43 000	235 000	42 000
Financial Costs	148 000	275 000	173 000	129 000
Financial Balance	37 000	−232 000	62 000	−87 000
Dividends	2 500 000	0	0	0
Net Income	2 172 000	1 188 000	495 000	−1 249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	15 000	223 000	375 000
Real Eastate	0	60 000	0	66 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	22 000	123 000	44 000
Total Tangible Assets	49 000	82 000	123 000	111 000
Total Fiancial Fixed Assets	1 327 000	1 024 000	1 071 000	1 185 000
Total Fixed Assets	1 389 000	1 121 000	1 418 000	1 671 000
Stock	2 837 000	2 281 000	2 286 000	2 039 000
Total Investments	0	0	0	0
Cash, Bank	2 748 000	3 795 000	2 391 000	2 069 000
Total Current Assets	7 678 000	7 574 000	5 910 000	5 952 000
Total Assets	9 067 000	8 695 000	7 327 000	7 623 000
Total Equity	4 721 000	5 270 000	4 082 000	3 587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 291 000	3 819 000	2 625 000
Creditors	362 000	480 000	279 000	451 000
Unpaid Taxes	339 000	207 000	162 000	343 000
Dividends	2 500 000	0	0	0
Other Current Debt	3 093 000	316 000	394 000	617 000
Total Current Debt	4 347 000	1 135 000	836 000	1 411 000
Total Equity and Debt	9 067 000	8 695 000	7 327 000	7 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,01 %	22,54 %	12,13 %	−34,82 %
Debt-to-Equity Ratio	0	0,43	0,94	0,73
Operating Profit Margin	25,29 %	21,98 %	7,09 %	−17,76 %
Current Ratio	1,77	6,67	7,07	4,22
Quick Ratio	5,08	−6,61	−4,08	−9,48
Equity Ratio	0,52	0,61	0,56	0,47
Gross Profit Margin	78,99 %	86,67 %	82,71 %	75,19 %