NITHO GRUPPEN AS

1900 FETSUND

Finances

Return on Equity

18,89 %

Current Ratio

1,75

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2021	2020	2019	2018
Revenue	122 173 000	99 013 000	107 376 000	0
Net Income	2 086 000	13 874 000	2 631 000	200 000
Total Assets	37 440 000	36 979 000	37 349 000	12 983 000
Total Equity	11 040 000	11 955 000	895 000	4 541 000

Income (NOK)	2021	2020	2019	2018
Revenue	122 173 000	99 013 000	107 376 000	0
Expenditure	118 522 000	95 831 000	102 601 000	29 000
Operating Profit	3 651 000	3 182 000	4 775 000	−29 000
Financial Income	16 000	12 377 000	12 000	633 000
Financial Costs	991 000	1 249 000	1 408 000	347 000
Financial Balance	−975 000	11 128 000	−1 396 000	286 000
Earnings Before Tax	2 676 000	14 309 000	3 379 000	257 000
Tax	591 000	436 000	748 000	58 000
Net Income	2 086 000	13 874 000	2 631 000	200 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	14 186 000	14 119 000	16 651 000	10 978 000
Total Current Assets	23 254 000	22 860 000	20 698 000	2 005 000
Total Assets	37 440 000	36 979 000	37 349 000	12 983 000
Total Retained Equity	8 820 000	13 594 000	−1 325 000	321 000
Total Equity	11 040 000	11 955 000	895 000	4 541 000
Total Long-Term Debt	13 119 000	13 756 000	24 047 000	7 236 000
Total Current Debt	13 281 000	11 268 000	12 406 000	1 206 000
Total Equity and Debt	37 440 000	36 979 000	37 348 000	12 983 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	120 823 000	98 200 000	104 977 000	0
Other Income	1 349 000	813 000	2 399 000	0
Revenue	122 173 000	99 013 000	107 376 000	0
Cost of Goods Sold	107 973 000	86 573 000	92 736 000	0
Salary Costs	7 377 000	6 235 000	6 558 000	0
Depreciation	565 000	605 000	635 000	0
Impairment	0	0	0	0
Expenditure	118 522 000	95 831 000	102 601 000	29 000
Operating Profit	3 651 000	3 182 000	4 775 000	−29 000
Financial Income	16 000	12 377 000	12 000	633 000
Financial Costs	991 000	1 249 000	1 408 000	347 000
Financial Balance	−975 000	11 128 000	−1 396 000	286 000
Dividends	3 000 000	2 000 000	2 000 000	1 200 000
Net Income	2 086 000	13 874 000	2 631 000	200 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	37 000	0
Real Eastate	13 260 000	13 684 000	16 099 000	0
Machinery and Plant Facilities	305 000	264 000	328 000	0
Fixtures	577 000	156 000	187 000	0
Total Tangible Assets	14 142 000	14 104 000	16 614 000	0
Total Fiancial Fixed Assets	15 000	15 000	0	10 978 000
Total Fixed Assets	14 186 000	14 119 000	16 651 000	10 978 000
Stock	17 205 000	14 534 000	16 851 000	0
Total Investments	0	0	0	0
Cash, Bank	3 206 000	5 736 000	282 000	172 000
Total Current Assets	23 254 000	22 860 000	20 698 000	2 005 000
Total Assets	37 440 000	36 979 000	37 349 000	12 983 000
Total Equity	11 040 000	11 955 000	895 000	4 541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 119 000	13 756 000	24 047 000	7 236 000
Creditors	4 744 000	3 907 000	5 610 000	1 000
Unpaid Taxes	382 000	345 000	336 000	0
Dividends	3 000 000	2 000 000	2 000 000	1 200 000
Other Current Debt	718 000	1 213 000	2 157 000	5 000
Total Current Debt	13 281 000	11 268 000	12 406 000	1 206 000
Total Equity and Debt	37 440 000	36 979 000	37 348 000	12 983 000

Financial indicators	2021	2020	2019	2018
Return on Equity	18,89 %	116,05 %	293,97 %	4,4 %
Debt-to-Equity Ratio	1,19	1,15	26,87	1,59
Operating Profit Margin	2,99 %	3,21 %	4,45 %	-
Current Ratio	1,75	2,03	1,67	1,66
Quick Ratio	−5,93	−7	−4,66	1,66
Equity Ratio	0,29	0,32	0,02	0,35
Gross Profit Margin	11,62 %	12,56 %	13,63 %	-