NORDIC ROADS AS

4100 JØRPELAND

Finances

Share Ownership

Return on Equity

26,62 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 379 000	52 563 000	36 129 000	43 912 000
Net Income	4 275 000	1 724 000	2 109 000	3 752 000
Total Assets	65 749 000	41 567 000	35 382 000	33 802 000
Total Equity	16 061 000	11 787 000	11 448 000	9 339 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 379 000	52 563 000	36 129 000	43 912 000
Expenditure	62 023 000	47 990 000	34 121 000	40 724 000
Operating Profit	6 362 000	2 808 000	3 154 000	5 401 000
Financial Income	7 000	1 000	2 000	1 000
Financial Costs	815 000	526 000	445 000	583 000
Financial Balance	−808 000	−525 000	−443 000	−582 000
Earnings Before Tax	5 555 000	2 283 000	2 710 000	4 820 000
Tax	1 280 000	559 000	601 000	1 068 000
Net Income	4 275 000	1 724 000	2 109 000	3 752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 240 000	4 570 000	8 028 000	5 515 000
Total Current Assets	59 508 000	36 997 000	27 354 000	28 288 000
Total Assets	65 749 000	41 567 000	35 382 000	33 802 000
Total Retained Equity	13 365 000	9 090 000	8 752 000	6 643 000
Total Equity	16 061 000	11 787 000	11 448 000	9 339 000
Total Long-Term Debt	14 178 000	15 778 000	17 227 000	14 858 000
Total Current Debt	35 510 000	14 002 000	6 707 000	9 606 000
Total Equity and Debt	65 749 000	41 567 000	35 382 000	33 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 379 000	52 563 000	34 725 000	43 897 000
Other Income	0	0	1 404 000	15 000
Revenue	69 379 000	52 563 000	36 129 000	43 912 000
Cost of Goods Sold	45 153 000	32 712 000	22 718 000	28 828 000
Salary Costs	10 105 000	9 592 000	6 666 000	6 196 000
Depreciation	1 959 000	1 937 000	1 489 000	1 653 000
Impairment	0	0	0	0
Expenditure	62 023 000	47 990 000	34 121 000	40 724 000
Operating Profit	6 362 000	2 808 000	3 154 000	5 401 000
Financial Income	7 000	1 000	2 000	1 000
Financial Costs	815 000	526 000	445 000	583 000
Financial Balance	−808 000	−525 000	−443 000	−582 000
Dividends	0	1 500 000	0	1 000 000
Net Income	4 275 000	1 724 000	2 109 000	3 752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 362 000	2 428 000	2 244 000	3 060 000
Total Intangible Assets	1 398 000	2 428 000	2 244 000	3 060 000
Real Eastate	860 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 982 000	2 142 000	2 084 000	2 455 000
Total Tangible Assets	4 842 000	2 142 000	2 084 000	2 455 000
Total Fiancial Fixed Assets	0	0	3 700 000	0
Total Fixed Assets	6 240 000	4 570 000	8 028 000	5 515 000
Stock	42 412 000	22 492 000	20 085 000	17 332 000
Total Investments	0	0	0	0
Cash, Bank	403 000	1 399 000	348 000	2 870 000
Total Current Assets	59 508 000	36 997 000	27 354 000	28 288 000
Total Assets	65 749 000	41 567 000	35 382 000	33 802 000
Total Equity	16 061 000	11 787 000	11 448 000	9 339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 178 000	15 778 000	17 227 000	14 858 000
Creditors	14 537 000	3 552 000	2 098 000	3 872 000
Unpaid Taxes	3 894 000	3 511 000	2 210 000	2 782 000
Dividends	0	1 500 000	0	1 000 000
Other Current Debt	1 773 000	1 309 000	972 000	829 000
Total Current Debt	35 510 000	14 002 000	6 707 000	9 606 000
Total Equity and Debt	65 749 000	41 567 000	35 382 000	33 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,62 %	14,63 %	18,42 %	40,18 %
Debt-to-Equity Ratio	0,88	1,34	1,5	1,59
Operating Profit Margin	9,17 %	5,34 %	8,73 %	12,3 %
Current Ratio	1,68	2,64	4,08	2,94
Quick Ratio	−8,62	−4,36	−2,04	−3,66
Equity Ratio	0,24	0,28	0,32	0,28
Gross Profit Margin	34,92 %	37,77 %	37,12 %	34,35 %