NORDENFJELDSKE BRØNNBORINGER AS

7290 STØREN

Finances

Share Ownership

Return on Equity

−35,05 %

Current Ratio

1,38

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 920 000	10 247 000	6 228 000	2 096 000
Net Income	443 000	855 000	−306 000	−2 764 000
Total Assets	2 659 000	1 975 000	1 599 000	2 358 000
Total Equity	−1 264 000	−1 707 000	−2 562 000	−2 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 920 000	10 247 000	6 228 000	2 096 000
Expenditure	13 149 000	9 135 000	6 175 000	3 331 000
Operating Profit	772 000	1 113 000	53 000	−1 235 000
Financial Income	0	0	2 000	0
Financial Costs	329 000	257 000	361 000	1 480 000
Financial Balance	−329 000	−257 000	−359 000	−1 480 000
Earnings Before Tax	443 000	855 000	−306 000	−2 716 000
Tax	0	0	0	48 000
Net Income	443 000	855 000	−306 000	−2 764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	808 000	867 000	1 009 000	1 907 000
Total Current Assets	1 851 000	1 108 000	590 000	451 000
Total Assets	2 659 000	1 975 000	1 599 000	2 358 000
Total Retained Equity	−1 936 000	−2 378 000	−3 234 000	−2 928 000
Total Equity	−1 264 000	−1 707 000	−2 562 000	−2 257 000
Total Long-Term Debt	2 580 000	3 095 000	3 586 000	3 907 000
Total Current Debt	1 344 000	588 000	576 000	707 000
Total Equity and Debt	2 659 000	1 975 000	1 599 000	2 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 973 000	10 145 000	6 228 000	2 017 000
Other Income	−53 000	102 000	0	79 000
Revenue	13 920 000	10 247 000	6 228 000	2 096 000
Cost of Goods Sold	4 640 000	3 073 000	1 227 000	176 000
Salary Costs	3 976 000	2 712 000	1 941 000	198 000
Depreciation	189 000	323 000	898 000	974 000
Impairment	0	0	0	0
Expenditure	13 149 000	9 135 000	6 175 000	3 331 000
Operating Profit	772 000	1 113 000	53 000	−1 235 000
Financial Income	0	0	2 000	0
Financial Costs	329 000	257 000	361 000	1 480 000
Financial Balance	−329 000	−257 000	−359 000	−1 480 000
Dividends	0	0	0	0
Net Income	443 000	855 000	−306 000	−2 764 000

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	396 000	483 000	625 000	1 344 000
Fixtures	412 000	385 000	385 000	563 000
Total Tangible Assets	808 000	867 000	1 009 000	1 907 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	808 000	867 000	1 009 000	1 907 000
Stock	437 000	279 000	100 000	0
Total Investments	0	0	0	0
Cash, Bank	448 000	494 000	288 000	54 000
Total Current Assets	1 851 000	1 108 000	590 000	451 000
Total Assets	2 659 000	1 975 000	1 599 000	2 358 000
Total Equity	−1 264 000	−1 707 000	−2 562 000	−2 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 580 000	3 095 000	3 586 000	3 907 000
Creditors	465 000	45 000	218 000	134 000
Unpaid Taxes	586 000	238 000	198 000	131 000
Dividends	0	0	0	0
Other Current Debt	293 000	305 000	160 000	190 000
Total Current Debt	1 344 000	588 000	576 000	707 000
Total Equity and Debt	2 659 000	1 975 000	1 599 000	2 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,05 %	−50,09 %	11,94 %	122,46 %
Debt-to-Equity Ratio	−2,04	−1,81	−1,4	−1,73
Operating Profit Margin	5,55 %	10,86 %	0,85 %	−58,92 %
Current Ratio	1,38	1,88	1,02	0,64
Quick Ratio	2,04	3,59	1,24	0,64
Equity Ratio	−0,48	−0,86	−1,6	−0,96
Gross Profit Margin	66,67 %	70,01 %	80,3 %	91,6 %