NORSK MASKINUTVIKLING AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−14,98 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 954 000	6 762 000	5 128 000	4 918 000
Net Income	−92 000	82 000	158 000	−50 000
Total Assets	2 329 000	2 502 000	2 169 000	1 917 000
Total Equity	614 000	706 000	624 000	466 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 954 000	6 762 000	5 128 000	4 918 000
Expenditure	6 082 000	6 679 000	4 924 000	4 922 000
Operating Profit	−128 000	83 000	205 000	−4 000
Financial Income	89 000	55 000	22 000	2 000
Financial Costs	61 000	45 000	35 000	49 000
Financial Balance	28 000	10 000	−13 000	−47 000
Earnings Before Tax	−101 000	93 000	191 000	−50 000
Tax	−9 000	11 000	33 000	0
Net Income	−92 000	82 000	158 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	103 000	79 000	110 000
Total Current Assets	2 252 000	2 399 000	2 089 000	1 807 000
Total Assets	2 329 000	2 502 000	2 169 000	1 917 000
Total Retained Equity	564 000	656 000	574 000	416 000
Total Equity	614 000	706 000	624 000	466 000
Total Long-Term Debt	0	9 000	0	0
Total Current Debt	1 715 000	1 787 000	1 545 000	1 451 000
Total Equity and Debt	2 329 000	2 502 000	2 169 000	1 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 941 000	6 648 000	5 128 000	4 885 000
Other Income	12 000	114 000	0	33 000
Revenue	5 954 000	6 762 000	5 128 000	4 918 000
Cost of Goods Sold	4 459 000	4 790 000	3 653 000	3 677 000
Salary Costs	608 000	740 000	561 000	501 000
Depreciation	10 000	25 000	50 000	46 000
Impairment	0	0	0	0
Expenditure	6 082 000	6 679 000	4 924 000	4 922 000
Operating Profit	−128 000	83 000	205 000	−4 000
Financial Income	89 000	55 000	22 000	2 000
Financial Costs	61 000	45 000	35 000	49 000
Financial Balance	28 000	10 000	−13 000	−47 000
Dividends	0	0	0	0
Net Income	−92 000	82 000	158 000	−50 000

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	0	0	0	0
Fixtures	28 000	38 000	79 000	110 000
Total Tangible Assets	28 000	38 000	79 000	110 000
Total Fiancial Fixed Assets	49 000	65 000	0	0
Total Fixed Assets	77 000	103 000	79 000	110 000
Stock	1 435 000	1 386 000	1 491 000	1 298 000
Total Investments	0	0	0	0
Cash, Bank	112 000	592 000	414 000	292 000
Total Current Assets	2 252 000	2 399 000	2 089 000	1 807 000
Total Assets	2 329 000	2 502 000	2 169 000	1 917 000
Total Equity	614 000	706 000	624 000	466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	0	0
Creditors	471 000	224 000	322 000	370 000
Unpaid Taxes	285 000	510 000	428 000	269 000
Dividends	0	0	0	0
Other Current Debt	959 000	1 050 000	762 000	812 000
Total Current Debt	1 715 000	1 787 000	1 545 000	1 451 000
Total Equity and Debt	2 329 000	2 502 000	2 169 000	1 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,98 %	11,61 %	25,32 %	−10,73 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−2,15 %	1,23 %	4 %	−0,08 %
Current Ratio	1,31	1,34	1,35	1,25
Quick Ratio	8,04	5,98	38,69	11,81
Equity Ratio	0,26	0,28	0,29	0,24
Gross Profit Margin	25,11 %	29,16 %	28,76 %	25,23 %