NORDIC ADDITIVE MANUFACTURING AS

2830 RAUFOSS

Finances

Return on Equity

−57,62 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 344 000	3 203 000	2 793 000	1 868 000
Net Income	−1 765 000	−2 594 000	−1 585 000	−804 000
Total Assets	7 408 000	7 941 000	5 752 000	5 595 000
Total Equity	3 063 000	4 828 000	1 422 000	357 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 344 000	3 203 000	2 793 000	1 868 000
Expenditure	7 047 000	5 645 000	4 162 000	2 503 000
Operating Profit	−1 702 000	−2 442 000	−1 368 000	−635 000
Financial Income	14 000	6 000	7 000	7 000
Financial Costs	77 000	158 000	224 000	175 000
Financial Balance	−63 000	−152 000	−217 000	−168 000
Earnings Before Tax	−1 765 000	−2 594 000	−1 585 000	−804 000
Tax	0	0	0	0
Net Income	−1 765 000	−2 594 000	−1 585 000	−804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 795 000	2 577 000	2 704 000	3 353 000
Total Current Assets	3 613 000	5 363 000	3 049 000	2 242 000
Total Assets	7 408 000	7 941 000	5 752 000	5 595 000
Total Retained Equity	−11 537 000	−9 772 000	−7 178 000	−5 593 000
Total Equity	3 063 000	4 828 000	1 422 000	357 000
Total Long-Term Debt	2 146 000	1 795 000	3 298 000	3 950 000
Total Current Debt	2 199 000	1 317 000	1 032 000	1 289 000
Total Equity and Debt	7 408 000	7 941 000	5 752 000	5 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 344 000	2 997 000	2 793 000	1 868 000
Other Income	0	206 000	0	0
Revenue	5 344 000	3 203 000	2 793 000	1 868 000
Cost of Goods Sold	1 098 000	500 000	512 000	132 000
Salary Costs	2 918 000	2 753 000	1 993 000	588 000
Depreciation	606 000	448 000	650 000	1 170 000
Impairment	0	0	0	0
Expenditure	7 047 000	5 645 000	4 162 000	2 503 000
Operating Profit	−1 702 000	−2 442 000	−1 368 000	−635 000
Financial Income	14 000	6 000	7 000	7 000
Financial Costs	77 000	158 000	224 000	175 000
Financial Balance	−63 000	−152 000	−217 000	−168 000
Dividends	0	0	0	0
Net Income	−1 765 000	−2 594 000	−1 585 000	−804 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 337 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 260 000	2 425 000	2 665 000	3 306 000
Fixtures	188 000	142 000	29 000	37 000
Total Tangible Assets	2 448 000	2 567 000	2 694 000	3 343 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	3 795 000	2 577 000	2 704 000	3 353 000
Stock	707 000	655 000	251 000	135 000
Total Investments	0	0	0	0
Cash, Bank	1 311 000	3 534 000	1 131 000	1 594 000
Total Current Assets	3 613 000	5 363 000	3 049 000	2 242 000
Total Assets	7 408 000	7 941 000	5 752 000	5 595 000
Total Equity	3 063 000	4 828 000	1 422 000	357 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 146 000	1 795 000	3 298 000	3 950 000
Creditors	1 016 000	610 000	621 000	252 000
Unpaid Taxes	282 000	238 000	189 000	228 000
Dividends	0	0	0	0
Other Current Debt	901 000	468 000	222 000	809 000
Total Current Debt	2 199 000	1 317 000	1 032 000	1 289 000
Total Equity and Debt	7 408 000	7 941 000	5 752 000	5 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,62 %	−53,73 %	−111,46 %	−225,21 %
Debt-to-Equity Ratio	0,7	0,37	2,32	11,06
Operating Profit Margin	−31,85 %	−76,24 %	−48,98 %	−33,99 %
Current Ratio	1,64	4,07	2,95	1,74
Quick Ratio	2,42	8,1	3,9	1,94
Equity Ratio	0,41	0,61	0,25	0,06
Gross Profit Margin	79,45 %	84,39 %	81,67 %	92,93 %