NORDISK VARME AS

3034 DRAMMEN

Finances

Share Ownership

Return on Equity

−380 %

Current Ratio

0,99

Debt-to-Equity Ratio

3,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 098 000	10 411 000	10 018 000	9 986 000
Net Income	−266 000	85 000	−97 000	359 000
Total Assets	4 889 000	2 262 000	1 721 000	1 935 000
Total Equity	70 000	336 000	251 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 098 000	10 411 000	10 018 000	9 986 000
Expenditure	21 315 000	10 277 000	10 131 000	9 598 000
Operating Profit	−216 000	134 000	−111 000	389 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	50 000	50 000	15 000	3 000
Financial Balance	−49 000	−49 000	−14 000	−2 000
Earnings Before Tax	−266 000	85 000	−125 000	388 000
Tax	0	0	−29 000	29 000
Net Income	−266 000	85 000	−97 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	455 000	313 000	0
Total Current Assets	4 510 000	1 807 000	1 409 000	1 935 000
Total Assets	4 889 000	2 262 000	1 721 000	1 935 000
Total Retained Equity	46 000	312 000	227 000	324 000
Total Equity	70 000	336 000	251 000	348 000
Total Long-Term Debt	274 000	376 000	224 000	0
Total Current Debt	4 544 000	1 550 000	1 246 000	1 587 000
Total Equity and Debt	4 889 000	2 262 000	1 721 000	1 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 945 000	10 174 000	9 964 000	9 942 000
Other Income	154 000	237 000	55 000	44 000
Revenue	21 098 000	10 411 000	10 018 000	9 986 000
Cost of Goods Sold	16 990 000	6 251 000	5 877 000	7 142 000
Salary Costs	3 191 000	2 962 000	3 241 000	1 778 000
Depreciation	142 000	127 000	58 000	140 000
Impairment	0	0	0	0
Expenditure	21 315 000	10 277 000	10 131 000	9 598 000
Operating Profit	−216 000	134 000	−111 000	389 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	50 000	50 000	15 000	3 000
Financial Balance	−49 000	−49 000	−14 000	−2 000
Dividends	0	0	0	0
Net Income	−266 000	85 000	−97 000	359 000

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	342 000	455 000	313 000	0
Total Tangible Assets	342 000	455 000	313 000	0
Total Fiancial Fixed Assets	38 000	0	0	0
Total Fixed Assets	379 000	455 000	313 000	0
Stock	587 000	150 000	307 000	762 000
Total Investments	0	0	0	0
Cash, Bank	858 000	564 000	650 000	599 000
Total Current Assets	4 510 000	1 807 000	1 409 000	1 935 000
Total Assets	4 889 000	2 262 000	1 721 000	1 935 000
Total Equity	70 000	336 000	251 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	274 000	376 000	224 000	0
Creditors	3 728 000	920 000	487 000	1 183 000
Unpaid Taxes	526 000	368 000	462 000	172 000
Dividends	0	0	0	0
Other Current Debt	291 000	261 000	297 000	204 000
Total Current Debt	4 544 000	1 550 000	1 246 000	1 587 000
Total Equity and Debt	4 889 000	2 262 000	1 721 000	1 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−380 %	25,3 %	−38,65 %	103,16 %
Debt-to-Equity Ratio	3,91	1,12	0,89	0
Operating Profit Margin	−1,02 %	1,29 %	−1,11 %	3,9 %
Current Ratio	0,99	1,17	1,13	1,22
Quick Ratio	1,14	1,29	1,5	2,35
Equity Ratio	0,01	0,15	0,15	0,18
Gross Profit Margin	19,47 %	39,96 %	41,34 %	28,48 %