NORDIC PRODUCTS AS

0666 OSLO

Finances

Share Ownership

Return on Equity

38,26 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	36 292 000	39 371 000	21 173 000	16 549 000
Net Income	2 120 000	637 000	−9 000	1 216 000
Total Assets	13 199 000	12 789 000	6 582 000	4 647 000
Total Equity	5 541 000	3 422 000	2 785 000	2 794 000

Income (NOK)	2021	2020	2019	2018
Revenue	36 292 000	39 371 000	21 173 000	16 549 000
Expenditure	33 190 000	38 216 000	21 154 000	17 112 000
Operating Profit	2 698 000	1 155 000	19 000	1 816 000
Financial Income	33 000	12 000	12 000	50 000
Financial Costs	14 000	158 000	40 000	2 000
Financial Balance	19 000	−146 000	−28 000	48 000
Earnings Before Tax	2 717 000	1 009 000	−9 000	1 864 000
Tax	598 000	372 000	0	649 000
Net Income	2 120 000	637 000	−9 000	1 216 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	53 000	63 000	0	0
Total Current Assets	13 146 000	12 726 000	6 582 000	4 647 000
Total Assets	13 199 000	12 789 000	6 582 000	4 647 000
Total Retained Equity	5 511 000	3 392 000	2 755 000	2 764 000
Total Equity	5 541 000	3 422 000	2 785 000	2 794 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	7 657 000	9 366 000	3 797 000	1 853 000
Total Equity and Debt	13 199 000	12 789 000	6 582 000	4 647 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	36 270 000	38 819 000	21 428 000	16 293 000
Other Income	22 000	552 000	−256 000	256 000
Revenue	36 292 000	39 371 000	21 173 000	16 549 000
Cost of Goods Sold	20 704 000	24 249 000	14 682 000	13 844 000
Salary Costs	3 811 000	2 730 000	1 681 000	949 000
Depreciation	16 000	16 000	0	0
Impairment	0	0	0	0
Expenditure	33 190 000	38 216 000	21 154 000	17 112 000
Operating Profit	2 698 000	1 155 000	19 000	1 816 000
Financial Income	33 000	12 000	12 000	50 000
Financial Costs	14 000	158 000	40 000	2 000
Financial Balance	19 000	−146 000	−28 000	48 000
Dividends	0	0	0	0
Net Income	2 120 000	637 000	−9 000	1 216 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	63 000	0	0
Total Tangible Assets	47 000	63 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 000	63 000	0	0
Stock	6 656 000	4 437 000	2 767 000	3 309 000
Total Investments	0	0	0	0
Cash, Bank	1 257 000	1 480 000	675 000	491 000
Total Current Assets	13 146 000	12 726 000	6 582 000	4 647 000
Total Assets	13 199 000	12 789 000	6 582 000	4 647 000
Total Equity	5 541 000	3 422 000	2 785 000	2 794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	2 709 000	7 197 000	1 066 000	305 000
Unpaid Taxes	2 994 000	1 561 000	1 297 000	1 060 000
Dividends	0	0	0	0
Other Current Debt	569 000	222 000	1 435 000	73 000
Total Current Debt	7 657 000	9 366 000	3 797 000	1 853 000
Total Equity and Debt	13 199 000	12 789 000	6 582 000	4 647 000

Financial indicators	2021	2020	2019	2018
Return on Equity	38,26 %	18,61 %	−0,32 %	43,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,43 %	2,93 %	0,09 %	10,97 %
Current Ratio	1,72	1,36	1,73	2,51
Quick Ratio	13,13	2,58	6,39	−3,19
Equity Ratio	0,42	0,27	0,42	0,6
Gross Profit Margin	42,95 %	38,41 %	30,66 %	16,35 %