NITTEDAL TORVINDUSTRI AS

1482 NITTEDAL

Finances

Return on Equity

17,22 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 214 000	125 406 000	124 623 000	98 111 000
Net Income	14 638 000	16 941 000	14 852 000	7 854 000
Total Assets	121 590 000	106 767 000	96 800 000	79 348 000
Total Equity	85 030 000	70 392 000	73 451 000	62 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 214 000	125 406 000	124 623 000	98 111 000
Expenditure	115 090 000	104 573 000	104 607 000	86 067 000
Operating Profit	18 565 000	21 655 000	19 187 000	10 328 000
Financial Income	899 000	436 000	358 000	337 000
Financial Costs	696 000	372 000	504 000	597 000
Financial Balance	203 000	64 000	−146 000	−260 000
Earnings Before Tax	18 767 000	21 719 000	19 040 000	10 068 000
Tax	4 129 000	4 778 000	4 189 000	2 215 000
Net Income	14 638 000	16 941 000	14 852 000	7 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 019 000	32 378 000	30 859 000	29 150 000
Total Current Assets	88 571 000	74 388 000	65 941 000	50 198 000
Total Assets	121 590 000	106 767 000	96 800 000	79 348 000
Total Retained Equity	84 930 000	70 292 000	73 351 000	62 499 000
Total Equity	85 030 000	70 392 000	73 451 000	62 599 000
Total Long-Term Debt	16 245 000	17 121 000	4 267 000	6 590 000
Total Current Debt	20 315 000	19 254 000	19 082 000	10 159 000
Total Equity and Debt	121 590 000	106 767 000	96 800 000	79 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 873 000	124 852 000	124 024 000	98 111 000
Other Income	341 000	554 000	599 000	0
Revenue	130 214 000	125 406 000	124 623 000	98 111 000
Cost of Goods Sold	55 582 000	47 396 000	50 867 000	36 186 000
Salary Costs	20 906 000	21 323 000	19 657 000	16 200 000
Depreciation	6 110 000	5 876 000	5 354 000	5 299 000
Impairment	0	0	0	0
Expenditure	115 090 000	104 573 000	104 607 000	86 067 000
Operating Profit	18 565 000	21 655 000	19 187 000	10 328 000
Financial Income	899 000	436 000	358 000	337 000
Financial Costs	696 000	372 000	504 000	597 000
Financial Balance	203 000	64 000	−146 000	−260 000
Dividends	0	0	4 000 000	0
Net Income	14 638 000	16 941 000	14 852 000	7 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	954 000	843 000	812 000	998 000
Real Eastate	14 049 000	13 896 000	12 837 000	13 008 000
Machinery and Plant Facilities	15 889 000	15 423 000	15 084 000	13 018 000
Fixtures	0	0	0	0
Total Tangible Assets	29 938 000	29 319 000	27 921 000	26 026 000
Total Fiancial Fixed Assets	2 126 000	2 216 000	2 126 000	2 126 000
Total Fixed Assets	33 019 000	32 378 000	30 859 000	29 150 000
Stock	48 514 000	43 762 000	36 965 000	37 538 000
Total Investments	0	0	0	0
Cash, Bank	32 162 000	23 573 000	22 742 000	8 447 000
Total Current Assets	88 571 000	74 388 000	65 941 000	50 198 000
Total Assets	121 590 000	106 767 000	96 800 000	79 348 000
Total Equity	85 030 000	70 392 000	73 451 000	62 599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 245 000	17 121 000	4 267 000	6 590 000
Creditors	9 157 000	7 206 000	4 727 000	3 388 000
Unpaid Taxes	1 079 000	992 000	966 000	891 000
Dividends	0	0	4 000 000	0
Other Current Debt	5 838 000	6 246 000	5 386 000	3 409 000
Total Current Debt	20 315 000	19 254 000	19 082 000	10 159 000
Total Equity and Debt	121 590 000	106 767 000	96 800 000	79 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,22 %	24,07 %	20,22 %	12,55 %
Debt-to-Equity Ratio	0,19	0,24	0,06	0,11
Operating Profit Margin	14,26 %	17,27 %	15,4 %	10,53 %
Current Ratio	4,36	3,86	3,46	4,94
Quick Ratio	−3,14	−3,04	−3,69	−1,83
Equity Ratio	0,7	0,66	0,76	0,79
Gross Profit Margin	57,31 %	62,21 %	59,18 %	63,12 %