NORDICTARGET AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

6,23 %

Current Ratio

25,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 000	314 000	233 000	400 000
Net Income	33 000	4 000	90 000	130 000
Total Assets	552 000	511 000	533 000	447 000
Total Equity	530 000	497 000	493 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	456 000	314 000	233 000	400 000
Expenditure	413 000	309 000	114 000	236 000
Operating Profit	43 000	5 000	119 000	163 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Earnings Before Tax	42 000	5 000	118 000	163 000
Tax	9 000	1 000	28 000	33 000
Net Income	33 000	4 000	90 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	552 000	511 000	533 000	447 000
Total Assets	552 000	511 000	533 000	447 000
Total Retained Equity	330 000	297 000	293 000	203 000
Total Equity	530 000	497 000	493 000	403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	14 000	39 000	43 000
Total Equity and Debt	552 000	511 000	533 000	447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	456 000	314 000	233 000	400 000
Other Income	0	0	0	0
Revenue	456 000	314 000	233 000	400 000
Cost of Goods Sold	358 000	232 000	58 000	183 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	413 000	309 000	114 000	236 000
Operating Profit	43 000	5 000	119 000	163 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	33 000	4 000	90 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	317 000	304 000	311 000	160 000
Total Investments	0	0	0	0
Cash, Bank	183 000	144 000	216 000	229 000
Total Current Assets	552 000	511 000	533 000	447 000
Total Assets	552 000	511 000	533 000	447 000
Total Equity	530 000	497 000	493 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	0	9 000	1 000
Unpaid Taxes	0	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	0	13 000	2 000	2 000
Total Current Debt	22 000	14 000	39 000	43 000
Total Equity and Debt	552 000	511 000	533 000	447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,23 %	0,8 %	18,26 %	32,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,43 %	1,59 %	51,07 %	40,75 %
Current Ratio	25,09	36,5	13,67	10,4
Quick Ratio	−1,87	−1,76	−1,96	−3,82
Equity Ratio	0,96	0,97	0,92	0,9
Gross Profit Margin	21,49 %	26,11 %	75,11 %	54,25 %