NORDVEST TEKNIKK AS

6443 TORNES I ROMSDAL

Finances

Return on Equity

31,78 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 788 000	5 156 000	10 125 000	8 620 000
Net Income	979 000	168 000	265 000	959 000
Total Assets	4 109 000	3 119 000	4 911 000	4 058 000
Total Equity	3 081 000	2 102 000	2 484 000	2 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 788 000	5 156 000	10 125 000	8 620 000
Expenditure	5 530 000	4 945 000	9 729 000	7 322 000
Operating Profit	1 259 000	211 000	396 000	1 298 000
Financial Income	10 000	8 000	5 000	1 000
Financial Costs	15 000	3 000	61 000	47 000
Financial Balance	−5 000	5 000	−56 000	−46 000
Earnings Before Tax	1 254 000	216 000	341 000	1 252 000
Tax	276 000	48 000	76 000	293 000
Net Income	979 000	168 000	265 000	959 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	579 000	677 000	692 000	953 000
Total Current Assets	3 530 000	2 442 000	4 218 000	3 106 000
Total Assets	4 109 000	3 119 000	4 911 000	4 058 000
Total Retained Equity	2 925 000	1 946 000	2 244 000	1 979 000
Total Equity	3 081 000	2 102 000	2 484 000	2 219 000
Total Long-Term Debt	0	0	0	252 000
Total Current Debt	1 028 000	1 016 000	2 427 000	1 587 000
Total Equity and Debt	4 109 000	3 119 000	4 911 000	4 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 771 000	5 156 000	10 125 000	8 618 000
Other Income	17 000	0	0	3 000
Revenue	6 788 000	5 156 000	10 125 000	8 620 000
Cost of Goods Sold	3 252 000	2 644 000	5 981 000	4 219 000
Salary Costs	1 067 000	1 103 000	2 457 000	1 527 000
Depreciation	215 000	211 000	160 000	85 000
Impairment	0	0	0	0
Expenditure	5 530 000	4 945 000	9 729 000	7 322 000
Operating Profit	1 259 000	211 000	396 000	1 298 000
Financial Income	10 000	8 000	5 000	1 000
Financial Costs	15 000	3 000	61 000	47 000
Financial Balance	−5 000	5 000	−56 000	−46 000
Dividends	0	0	0	0
Net Income	979 000	168 000	265 000	959 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	18 000	32 000	0
Real Eastate	78 000	97 000	117 000	136 000
Machinery and Plant Facilities	0	45 000	0	0
Fixtures	470 000	515 000	542 000	817 000
Total Tangible Assets	548 000	657 000	658 000	953 000
Total Fiancial Fixed Assets	1 000	1 000	2 000	0
Total Fixed Assets	579 000	677 000	692 000	953 000
Stock	700 000	748 000	1 076 000	1 327 000
Total Investments	0	0	0	0
Cash, Bank	1 794 000	1 421 000	977 000	212 000
Total Current Assets	3 530 000	2 442 000	4 218 000	3 106 000
Total Assets	4 109 000	3 119 000	4 911 000	4 058 000
Total Equity	3 081 000	2 102 000	2 484 000	2 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	252 000
Creditors	436 000	331 000	1 224 000	473 000
Unpaid Taxes	192 000	229 000	785 000	398 000
Dividends	0	0	0	0
Other Current Debt	113 000	122 000	272 000	479 000
Total Current Debt	1 028 000	1 016 000	2 427 000	1 587 000
Total Equity and Debt	4 109 000	3 119 000	4 911 000	4 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,78 %	7,99 %	10,67 %	43,22 %
Debt-to-Equity Ratio	0	0	0	0,11
Operating Profit Margin	18,55 %	4,09 %	3,91 %	15,06 %
Current Ratio	3,43	2,4	1,74	1,96
Quick Ratio	10,76	9,11	3,12	11,95
Equity Ratio	0,75	0,67	0,51	0,55
Gross Profit Margin	52,09 %	48,72 %	40,93 %	51,06 %