NORDIC MECHANICAL SOLUTIONS AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

41,07 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 219 000	72 004 000	43 258 000	52 460 000
Net Income	4 765 000	2 828 000	3 221 000	3 336 000
Total Assets	22 882 000	21 225 000	13 237 000	16 917 000
Total Equity	11 603 000	6 838 000	4 010 000	3 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 219 000	72 004 000	43 258 000	52 460 000
Expenditure	67 186 000	68 295 000	39 034 000	48 149 000
Operating Profit	6 033 000	3 708 000	4 224 000	4 311 000
Financial Income	264 000	238 000	31 000	45 000
Financial Costs	184 000	320 000	124 000	79 000
Financial Balance	80 000	−82 000	−93 000	−34 000
Earnings Before Tax	6 112 000	3 626 000	4 130 000	4 277 000
Tax	1 347 000	798 000	909 000	941 000
Net Income	4 765 000	2 828 000	3 221 000	3 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 410 000	303 000	289 000	408 000
Total Current Assets	17 472 000	20 922 000	12 948 000	16 509 000
Total Assets	22 882 000	21 225 000	13 237 000	16 917 000
Total Retained Equity	11 503 000	6 738 000	3 910 000	3 689 000
Total Equity	11 603 000	6 838 000	4 010 000	3 789 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 279 000	14 387 000	9 227 000	13 128 000
Total Equity and Debt	22 882 000	21 225 000	13 237 000	16 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 219 000	72 004 000	43 258 000	52 460 000
Other Income	0	0	0	0
Revenue	73 219 000	72 004 000	43 258 000	52 460 000
Cost of Goods Sold	24 316 000	25 942 000	7 029 000	9 281 000
Salary Costs	30 595 000	29 935 000	22 776 000	28 285 000
Depreciation	405 000	311 000	56 000	153 000
Impairment	0	0	0	0
Expenditure	67 186 000	68 295 000	39 034 000	48 149 000
Operating Profit	6 033 000	3 708 000	4 224 000	4 311 000
Financial Income	264 000	238 000	31 000	45 000
Financial Costs	184 000	320 000	124 000	79 000
Financial Balance	80 000	−82 000	−93 000	−34 000
Dividends	0	0	0	4 000 000
Net Income	4 765 000	2 828 000	3 221 000	3 336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	194 000	54 000	12 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	801 000	233 000	261 000	281 000
Total Tangible Assets	801 000	233 000	261 000	281 000
Total Fiancial Fixed Assets	4 416 000	16 000	16 000	110 000
Total Fixed Assets	5 410 000	303 000	289 000	408 000
Stock	0	928 000	0	0
Total Investments	0	0	0	0
Cash, Bank	7 373 000	2 260 000	9 180 000	8 035 000
Total Current Assets	17 472 000	20 922 000	12 948 000	16 509 000
Total Assets	22 882 000	21 225 000	13 237 000	16 917 000
Total Equity	11 603 000	6 838 000	4 010 000	3 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 952 000	6 288 000	1 810 000	2 688 000
Unpaid Taxes	3 321 000	3 392 000	3 429 000	5 263 000
Dividends	0	0	0	4 000 000
Other Current Debt	3 519 000	3 868 000	3 083 000	4 222 000
Total Current Debt	11 279 000	14 387 000	9 227 000	13 128 000
Total Equity and Debt	22 882 000	21 225 000	13 237 000	16 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,07 %	41,36 %	80,32 %	88,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,24 %	5,15 %	9,76 %	8,22 %
Current Ratio	1,55	1,45	1,4	1,26
Quick Ratio	1,55	1,55	1,4	1,26
Equity Ratio	0,51	0,32	0,3	0,22
Gross Profit Margin	66,79 %	63,97 %	83,75 %	82,31 %