NORDIC STEEL AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

200,02 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 516 000	226 428 000	150 339 000	144 589 000
Net Income	51 742 000	54 232 000	49 895 000	33 720 000
Total Assets	164 001 000	140 251 000	116 720 000	77 842 000
Total Equity	25 868 000	23 384 000	29 325 000	14 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 516 000	226 428 000	150 339 000	144 589 000
Expenditure	211 924 000	194 717 000	124 475 000	109 834 000
Operating Profit	36 591 000	31 712 000	25 865 000	34 755 000
Financial Income	24 833 000	30 368 000	31 095 000	7 293 000
Financial Costs	879 000	699 000	1 203 000	390 000
Financial Balance	23 954 000	29 669 000	29 892 000	6 903 000
Earnings Before Tax	60 546 000	61 381 000	55 757 000	41 657 000
Tax	8 803 000	7 148 000	5 861 000	7 937 000
Net Income	51 742 000	54 232 000	49 895 000	33 720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 389 000	85 439 000	75 397 000	39 740 000
Total Current Assets	64 612 000	54 812 000	41 323 000	38 102 000
Total Assets	164 001 000	140 251 000	116 720 000	77 842 000
Total Retained Equity	7 408 000	4 924 000	10 865 000	6 367 000
Total Equity	25 868 000	23 384 000	29 325 000	14 826 000
Total Long-Term Debt	13 288 000	8 578 000	10 799 000	7 794 000
Total Current Debt	124 845 000	108 288 000	76 596 000	55 222 000
Total Equity and Debt	164 001 000	140 251 000	116 720 000	77 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 574 000	225 868 000	150 220 000	143 722 000
Other Income	942 000	560 000	119 000	867 000
Revenue	248 516 000	226 428 000	150 339 000	144 589 000
Cost of Goods Sold	105 707 000	105 798 000	56 247 000	56 650 000
Salary Costs	72 939 000	61 797 000	45 221 000	35 787 000
Depreciation	4 969 000	4 357 000	4 188 000	2 345 000
Impairment	0	0	0	0
Expenditure	211 924 000	194 717 000	124 475 000	109 834 000
Operating Profit	36 591 000	31 712 000	25 865 000	34 755 000
Financial Income	24 833 000	30 368 000	31 095 000	7 293 000
Financial Costs	879 000	699 000	1 203 000	390 000
Financial Balance	23 954 000	29 669 000	29 892 000	6 903 000
Dividends	0	15 000 000	42 000 000	27 082 000
Net Income	51 742 000	54 232 000	49 895 000	33 720 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	29 126 000	30 831 000	32 535 000	0
Total Intangible Assets	30 297 000	35 091 000	38 430 000	2 636 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 092 000	13 244 000	11 940 000	10 526 000
Total Tangible Assets	19 092 000	13 244 000	11 940 000	10 526 000
Total Fiancial Fixed Assets	50 000 000	37 105 000	25 027 000	26 579 000
Total Fixed Assets	99 389 000	85 439 000	75 397 000	39 740 000
Stock	7 596 000	11 937 000	5 085 000	1 425 000
Total Investments	0	0	0	0
Cash, Bank	0	0	3 393 000	17 614 000
Total Current Assets	64 612 000	54 812 000	41 323 000	38 102 000
Total Assets	164 001 000	140 251 000	116 720 000	77 842 000
Total Equity	25 868 000	23 384 000	29 325 000	14 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 288 000	8 578 000	10 799 000	7 794 000
Creditors	20 949 000	20 707 000	23 350 000	6 048 000
Unpaid Taxes	10 677 000	14 786 000	9 021 000	6 795 000
Dividends	0	15 000 000	42 000 000	27 082 000
Other Current Debt	74 055 000	65 862 000	24 745 000	28 264 000
Total Current Debt	124 845 000	108 288 000	76 596 000	55 222 000
Total Equity and Debt	164 001 000	140 251 000	116 720 000	77 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	200,02 %	231,92 %	170,14 %	227,44 %
Debt-to-Equity Ratio	0,51	0,37	0,37	0,53
Operating Profit Margin	14,72 %	14,01 %	17,2 %	24,04 %
Current Ratio	0,52	0,51	0,54	0,69
Quick Ratio	0,55	0,57	0,58	0,71
Equity Ratio	0,16	0,17	0,25	0,19
Gross Profit Margin	57,46 %	53,28 %	62,59 %	60,82 %