NESSET SAND AS

6460 EIDSVÅG I ROMSDAL

Finances

Return on Equity

13,37 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2021	2020	2019	2018
Revenue	32 209 000	39 155 000	32 515 000	25 520 000
Net Income	931 000	736 000	333 000	439 000
Total Assets	24 990 000	18 717 000	15 840 000	12 766 000
Total Equity	6 965 000	6 034 000	5 298 000	4 965 000

Income (NOK)	2021	2020	2019	2018
Revenue	32 209 000	39 155 000	32 515 000	25 520 000
Expenditure	35 313 000	42 466 000	31 237 000	25 588 000
Operating Profit	1 677 000	1 428 000	931 000	775 000
Financial Income	0	1 000	1 000	0
Financial Costs	664 000	456 000	377 000	291 000
Financial Balance	−664 000	−455 000	−376 000	−291 000
Earnings Before Tax	1 013 000	973 000	556 000	484 000
Tax	82 000	237 000	222 000	45 000
Net Income	931 000	736 000	333 000	439 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 897 000	3 388 000	3 551 000	4 095 000
Total Current Assets	21 094 000	15 329 000	12 290 000	8 671 000
Total Assets	24 990 000	18 717 000	15 840 000	12 766 000
Total Retained Equity	2 965 000	2 034 000	1 298 000	965 000
Total Equity	6 965 000	6 034 000	5 298 000	4 965 000
Total Long-Term Debt	6 814 000	3 490 000	3 295 000	3 919 000
Total Current Debt	11 210 000	9 193 000	7 247 000	3 883 000
Total Equity and Debt	24 990 000	18 717 000	15 840 000	12 766 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	29 825 000	38 805 000	32 502 000	25 307 000
Other Income	2 384 000	350 000	13 000	213 000
Revenue	32 209 000	39 155 000	32 515 000	25 520 000
Cost of Goods Sold	16 440 000	23 071 000	14 800 000	13 656 000
Salary Costs	8 061 000	8 307 000	6 186 000	4 383 000
Depreciation	445 000	996 000	877 000	899 000
Impairment	0	0	0	0
Expenditure	35 313 000	42 466 000	31 237 000	25 588 000
Operating Profit	1 677 000	1 428 000	931 000	775 000
Financial Income	0	1 000	1 000	0
Financial Costs	664 000	456 000	377 000	291 000
Financial Balance	−664 000	−455 000	−376 000	−291 000
Dividends	0	0	0	0
Net Income	931 000	736 000	333 000	439 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	600 000	1 200 000
Total Intangible Assets	0	0	600 000	1 200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 062 000	840 000	0	0
Fixtures	718 000	457 000	805 000	785 000
Total Tangible Assets	1 780 000	1 297 000	805 000	785 000
Total Fiancial Fixed Assets	2 116 000	2 091 000	2 146 000	2 110 000
Total Fixed Assets	3 897 000	3 388 000	3 551 000	4 095 000
Stock	14 947 000	10 167 000	5 428 000	5 775 000
Total Investments	0	0	0	0
Cash, Bank	583 000	486 000	369 000	302 000
Total Current Assets	21 094 000	15 329 000	12 290 000	8 671 000
Total Assets	24 990 000	18 717 000	15 840 000	12 766 000
Total Equity	6 965 000	6 034 000	5 298 000	4 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 814 000	3 490 000	3 295 000	3 919 000
Creditors	5 775 000	4 787 000	3 206 000	3 007 000
Unpaid Taxes	692 000	644 000	570 000	401 000
Dividends	0	0	0	0
Other Current Debt	886 000	853 000	564 000	430 000
Total Current Debt	11 210 000	9 193 000	7 247 000	3 883 000
Total Equity and Debt	24 990 000	18 717 000	15 840 000	12 766 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,37 %	12,2 %	6,29 %	8,84 %
Debt-to-Equity Ratio	0,98	0,58	0,62	0,79
Operating Profit Margin	5,21 %	3,65 %	2,86 %	3,04 %
Current Ratio	1,88	1,67	1,7	2,23
Quick Ratio	−5,64	−15,74	6,76	−4,58
Equity Ratio	0,28	0,32	0,33	0,39
Gross Profit Margin	48,96 %	41,08 %	54,48 %	46,49 %