NORDEA FUNDS, NORWEGIAN BRANCH

0368 OSLO

Finances

Share Ownership

Return on Equity

3 811,5 %

Current Ratio

1,02

Debt-to-Equity Ratio

2,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	610 664 000	580 987 000	524 025 000	524 512 000
Net Income	66 625 000	66 347 000	56 996 000	81 331 000
Total Assets	248 889 000	224 820 000	242 237 000	250 244 000
Total Equity	1 748 000	2 614 000	4 203 000	4 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	610 664 000	580 987 000	524 025 000	524 512 000
Expenditure	523 444 000	492 427 000	448 231 000	417 496 000
Operating Profit	87 220 000	88 560 000	75 794 000	107 016 000
Financial Income	1 926 000	159 000	746 000	1 633 000
Financial Costs	299 000	252 000	544 000	194 000
Financial Balance	1 627 000	−93 000	202 000	1 439 000
Earnings Before Tax	88 847 000	88 468 000	75 996 000	108 456 000
Tax	22 222 000	22 120 000	19 000 000	27 124 000
Net Income	66 625 000	66 347 000	56 996 000	81 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 268 000	947 000	561 000	415 000
Total Current Assets	247 621 000	223 873 000	241 676 000	249 830 000
Total Assets	248 889 000	224 820 000	242 237 000	250 244 000
Total Retained Equity	1 748 000	2 614 000	4 203 000	4 532 000
Total Equity	1 748 000	2 614 000	4 203 000	4 532 000
Total Long-Term Debt	5 071 000	3 781 000	1 483 000	802 000
Total Current Debt	242 070 000	218 425 000	236 552 000	244 911 000
Total Equity and Debt	248 889 000	224 820 000	242 237 000	250 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	610 664 000	580 987 000	524 025 000	524 512 000
Revenue	610 664 000	580 987 000	524 025 000	524 512 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 112 000	7 146 000	9 462 000	7 647 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	523 444 000	492 427 000	448 231 000	417 496 000
Operating Profit	87 220 000	88 560 000	75 794 000	107 016 000
Financial Income	1 926 000	159 000	746 000	1 633 000
Financial Costs	299 000	252 000	544 000	194 000
Financial Balance	1 627 000	−93 000	202 000	1 439 000
Dividends	0	0	0	0
Net Income	66 625 000	66 347 000	56 996 000	81 331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 268 000	947 000	561 000	415 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 268 000	947 000	561 000	415 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 751 000	150 193 000	172 885 000	171 575 000
Total Current Assets	247 621 000	223 873 000	241 676 000	249 830 000
Total Assets	248 889 000	224 820 000	242 237 000	250 244 000
Total Equity	1 748 000	2 614 000	4 203 000	4 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 071 000	3 781 000	1 483 000	802 000
Creditors	28 040 000	25 015 000	23 166 000	31 472 000
Unpaid Taxes	1 486 000	1 151 000	1 473 000	1 315 000
Dividends	0	0	0	0
Other Current Debt	190 291 000	170 281 000	192 876 000	185 120 000
Total Current Debt	242 070 000	218 425 000	236 552 000	244 911 000
Total Equity and Debt	248 889 000	224 820 000	242 237 000	250 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 811,5 %	2 538,14 %	1 356,08 %	1 794,59 %
Debt-to-Equity Ratio	2,9	1,45	0,35	0,18
Operating Profit Margin	14,28 %	15,24 %	14,46 %	20,4 %
Current Ratio	1,02	1,02	1,02	1,02
Quick Ratio	1,02	1,02	1,02	1,02
Equity Ratio	0,01	0,01	0,02	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %