NORDCON AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

176,28 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 047 000	76 192 000	68 257 000	68 910 000
Net Income	5 149 000	3 280 000	1 547 000	2 472 000
Total Assets	20 112 000	20 515 000	15 943 000	14 061 000
Total Equity	2 921 000	4 772 000	3 992 000	4 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 047 000	76 192 000	68 257 000	68 910 000
Expenditure	88 621 000	71 561 000	65 857 000	65 187 000
Operating Profit	7 426 000	4 632 000	2 399 000	3 723 000
Financial Income	500 000	355 000	617 000	191 000
Financial Costs	1 585 000	905 000	1 302 000	997 000
Financial Balance	−1 085 000	−550 000	−685 000	−806 000
Earnings Before Tax	6 341 000	4 081 000	1 715 000	2 917 000
Tax	1 192 000	801 000	167 000	444 000
Net Income	5 149 000	3 280 000	1 547 000	2 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	76 000	76 000	76 000
Total Current Assets	19 745 000	20 439 000	15 867 000	13 985 000
Total Assets	20 112 000	20 515 000	15 943 000	14 061 000
Total Retained Equity	2 866 000	4 717 000	3 937 000	4 390 000
Total Equity	2 921 000	4 772 000	3 992 000	4 445 000
Total Long-Term Debt	1 030 000	2 515 000	3 000 000	0
Total Current Debt	16 161 000	13 228 000	8 951 000	9 617 000
Total Equity and Debt	20 112 000	20 515 000	15 943 000	14 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 953 000	76 192 000	68 246 000	68 910 000
Other Income	94 000	0	11 000	0
Revenue	96 047 000	76 192 000	68 257 000	68 910 000
Cost of Goods Sold	77 403 000	61 769 000	56 242 000	57 353 000
Salary Costs	6 740 000	6 699 000	6 602 000	5 053 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 621 000	71 561 000	65 857 000	65 187 000
Operating Profit	7 426 000	4 632 000	2 399 000	3 723 000
Financial Income	500 000	355 000	617 000	191 000
Financial Costs	1 585 000	905 000	1 302 000	997 000
Financial Balance	−1 085 000	−550 000	−685 000	−806 000
Dividends	3 000 000	0	0	2 000 000
Net Income	5 149 000	3 280 000	1 547 000	2 472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	76 000	76 000	76 000
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	291 000	0	0	0
Total Fixed Assets	367 000	76 000	76 000	76 000
Stock	10 600 000	5 820 000	5 045 000	2 820 000
Total Investments	0	0	0	0
Cash, Bank	3 863 000	1 652 000	1 919 000	3 459 000
Total Current Assets	19 745 000	20 439 000	15 867 000	13 985 000
Total Assets	20 112 000	20 515 000	15 943 000	14 061 000
Total Equity	2 921 000	4 772 000	3 992 000	4 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 030 000	2 515 000	3 000 000	0
Creditors	4 856 000	4 692 000	6 705 000	2 252 000
Unpaid Taxes	4 551 000	4 895 000	1 358 000	3 711 000
Dividends	3 000 000	0	0	2 000 000
Other Current Debt	3 516 000	3 641 000	888 000	3 654 000
Total Current Debt	16 161 000	13 228 000	8 951 000	9 617 000
Total Equity and Debt	20 112 000	20 515 000	15 943 000	14 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	176,28 %	68,73 %	38,75 %	55,61 %
Debt-to-Equity Ratio	0,35	0,53	0,75	0
Operating Profit Margin	7,73 %	6,08 %	3,51 %	5,4 %
Current Ratio	1,22	1,55	1,77	1,45
Quick Ratio	3,55	2,76	4,06	2,06
Equity Ratio	0,15	0,23	0,25	0,32
Gross Profit Margin	19,41 %	18,93 %	17,6 %	16,77 %