NORDVEST INDUSTRISERVICE AS

6035 FISKARSTRAND

Finances

Share Ownership

Return on Equity

20,58 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 283 000	2 587 000	1 851 000
Net Income	120 000	163 000	292 000	45 000
Total Assets	2 589 000	1 017 000	1 762 000	671 000
Total Equity	583 000	464 000	404 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 283 000	2 587 000	1 851 000
Expenditure	5 101 000	3 014 000	2 177 000	1 759 000
Operating Profit	242 000	270 000	411 000	93 000
Financial Income	0	0	0	0
Financial Costs	89 000	52 000	32 000	35 000
Financial Balance	−89 000	−52 000	−32 000	−35 000
Earnings Before Tax	154 000	217 000	379 000	58 000
Tax	34 000	54 000	86 000	13 000
Net Income	120 000	163 000	292 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 000	630 000	650 000	297 000
Total Current Assets	1 964 000	387 000	1 113 000	374 000
Total Assets	2 589 000	1 017 000	1 762 000	671 000
Total Retained Equity	553 000	434 000	374 000	82 000
Total Equity	583 000	464 000	404 000	112 000
Total Long-Term Debt	134 000	183 000	226 000	270 000
Total Current Debt	1 872 000	370 000	1 132 000	290 000
Total Equity and Debt	2 589 000	1 017 000	1 762 000	671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 343 000	3 283 000	2 587 000	1 851 000
Other Income	0	0	0	0
Revenue	5 343 000	3 283 000	2 587 000	1 851 000
Cost of Goods Sold	3 455 000	1 640 000	1 327 000	1 134 000
Salary Costs	489 000	214 000	228 000	41 000
Depreciation	100 000	123 000	47 000	57 000
Impairment	0	0	0	0
Expenditure	5 101 000	3 014 000	2 177 000	1 759 000
Operating Profit	242 000	270 000	411 000	93 000
Financial Income	0	0	0	0
Financial Costs	89 000	52 000	32 000	35 000
Financial Balance	−89 000	−52 000	−32 000	−35 000
Dividends	0	104 000	0	0
Net Income	120 000	163 000	292 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	297 000	371 000	464 000	51 000
Fixtures	130 000	156 000	186 000	223 000
Total Tangible Assets	427 000	527 000	650 000	274 000
Total Fiancial Fixed Assets	198 000	103 000	0	0
Total Fixed Assets	625 000	630 000	650 000	297 000
Stock	245 000	88 000	61 000	52 000
Total Investments	0	0	0	0
Cash, Bank	157 000	98 000	340 000	39 000
Total Current Assets	1 964 000	387 000	1 113 000	374 000
Total Assets	2 589 000	1 017 000	1 762 000	671 000
Total Equity	583 000	464 000	404 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	134 000	183 000	226 000	270 000
Creditors	1 735 000	199 000	1 031 000	212 000
Unpaid Taxes	17 000	−2 000	−27 000	−11 000
Dividends	0	104 000	0	0
Other Current Debt	50 000	11 000	102 000	89 000
Total Current Debt	1 872 000	370 000	1 132 000	290 000
Total Equity and Debt	2 589 000	1 017 000	1 762 000	671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,58 %	35,13 %	72,28 %	40,18 %
Debt-to-Equity Ratio	0,23	0,39	0,56	2,41
Operating Profit Margin	4,53 %	8,22 %	15,89 %	5,02 %
Current Ratio	1,05	1,05	0,98	1,29
Quick Ratio	1,21	1,37	1,04	1,57
Equity Ratio	0,23	0,46	0,23	0,17
Gross Profit Margin	35,34 %	50,05 %	48,71 %	38,74 %