NORDIC WOOD PRODUCTS AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

7,16 %

Current Ratio

5,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 405 000	6 996 000	8 002 000	6 162 000
Net Income	349 000	538 000	865 000	405 000
Total Assets	5 941 000	7 429 000	6 786 000	7 150 000
Total Equity	4 871 000	4 522 000	3 983 000	3 118 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 405 000	6 996 000	8 002 000	6 162 000
Expenditure	5 934 000	6 235 000	6 882 000	5 531 000
Operating Profit	470 000	760 000	1 119 000	631 000
Financial Income	94 000	89 000	113 000	86 000
Financial Costs	117 000	159 000	123 000	198 000
Financial Balance	−23 000	−70 000	−10 000	−112 000
Earnings Before Tax	448 000	690 000	1 109 000	519 000
Tax	98 000	152 000	244 000	114 000
Net Income	349 000	538 000	865 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	27 000	33 000	166 000
Total Current Assets	5 924 000	7 402 000	6 752 000	6 984 000
Total Assets	5 941 000	7 429 000	6 786 000	7 150 000
Total Retained Equity	2 593 000	2 244 000	1 706 000	841 000
Total Equity	4 871 000	4 522 000	3 983 000	3 118 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 070 000	2 907 000	2 803 000	4 032 000
Total Equity and Debt	5 941 000	7 429 000	6 786 000	7 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 405 000	6 956 000	8 002 000	6 162 000
Other Income	0	41 000	0	0
Revenue	6 405 000	6 996 000	8 002 000	6 162 000
Cost of Goods Sold	4 158 000	4 408 000	5 050 000	4 045 000
Salary Costs	0	0	−27 000	60 000
Depreciation	0	0	141 000	58 000
Impairment	0	0	0	0
Expenditure	5 934 000	6 235 000	6 882 000	5 531 000
Operating Profit	470 000	760 000	1 119 000	631 000
Financial Income	94 000	89 000	113 000	86 000
Financial Costs	117 000	159 000	123 000	198 000
Financial Balance	−23 000	−70 000	−10 000	−112 000
Dividends	0	0	0	0
Net Income	349 000	538 000	865 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	27 000	33 000	25 000
Real Eastate	0	0	0	139 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	0	0	0	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	27 000	33 000	166 000
Stock	4 082 000	4 733 000	4 067 000	4 222 000
Total Investments	0	0	0	0
Cash, Bank	1 094 000	3 000	5 000	6 000
Total Current Assets	5 924 000	7 402 000	6 752 000	6 984 000
Total Assets	5 941 000	7 429 000	6 786 000	7 150 000
Total Equity	4 871 000	4 522 000	3 983 000	3 118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−34 000	570 000	25 000	235 000
Unpaid Taxes	294 000	9 000	146 000	164 000
Dividends	0	0	0	0
Other Current Debt	716 000	13 000	808 000	482 000
Total Current Debt	1 070 000	2 907 000	2 803 000	4 032 000
Total Equity and Debt	5 941 000	7 429 000	6 786 000	7 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,16 %	11,9 %	21,72 %	12,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,34 %	10,86 %	13,98 %	10,24 %
Current Ratio	5,54	2,55	2,41	1,73
Quick Ratio	−1,97	−4,05	−5,34	−36,76
Equity Ratio	0,82	0,61	0,59	0,44
Gross Profit Margin	35,08 %	36,99 %	36,89 %	34,36 %