NORDHORDLAND VARMEPUMPER AS

5936 MANGER

Finances

Share Ownership

Return on Equity

25,07 %

Current Ratio

3,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 180 000	5 016 000	3 221 000	2 933 000
Net Income	341 000	383 000	224 000	206 000
Total Assets	1 762 000	2 933 000	1 753 000	1 531 000
Total Equity	1 360 000	1 019 000	1 535 000	1 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 180 000	5 016 000	3 221 000	2 933 000
Expenditure	5 771 000	4 502 000	2 934 000	2 671 000
Operating Profit	408 000	515 000	286 000	264 000
Financial Income	4 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	1 000	1 000
Earnings Before Tax	412 000	517 000	287 000	264 000
Tax	71 000	134 000	63 000	58 000
Net Income	341 000	383 000	224 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	151 000	167 000	91 000
Total Current Assets	1 595 000	2 781 000	1 586 000	1 440 000
Total Assets	1 762 000	2 933 000	1 753 000	1 531 000
Total Retained Equity	1 340 000	999 000	1 515 000	1 292 000
Total Equity	1 360 000	1 019 000	1 535 000	1 312 000
Total Long-Term Debt	0	13 000	3 000	0
Total Current Debt	402 000	1 901 000	214 000	219 000
Total Equity and Debt	1 762 000	2 933 000	1 753 000	1 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 180 000	5 016 000	3 221 000	2 933 000
Other Income	0	0	0	0
Revenue	6 180 000	5 016 000	3 221 000	2 933 000
Cost of Goods Sold	4 953 000	3 524 000	2 601 000	2 272 000
Salary Costs	322 000	490 000	0	0
Depreciation	16 000	16 000	1 000	6 000
Impairment	0	0	0	0
Expenditure	5 771 000	4 502 000	2 934 000	2 671 000
Operating Profit	408 000	515 000	286 000	264 000
Financial Income	4 000	2 000	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	1 000	1 000
Dividends	0	900 000	0	0
Net Income	341 000	383 000	224 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	0	0	1 000
Real Eastate	90 000	90 000	90 000	90 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	61 000	77 000	0
Total Tangible Assets	160 000	151 000	167 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	167 000	151 000	167 000	91 000
Stock	454 000	523 000	520 000	417 000
Total Investments	0	0	0	0
Cash, Bank	822 000	1 983 000	867 000	778 000
Total Current Assets	1 595 000	2 781 000	1 586 000	1 440 000
Total Assets	1 762 000	2 933 000	1 753 000	1 531 000
Total Equity	1 360 000	1 019 000	1 535 000	1 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	3 000	0
Creditors	209 000	667 000	74 000	149 000
Unpaid Taxes	15 000	122 000	71 000	0
Dividends	0	900 000	0	0
Other Current Debt	87 000	89 000	10 000	11 000
Total Current Debt	402 000	1 901 000	214 000	219 000
Total Equity and Debt	1 762 000	2 933 000	1 753 000	1 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,07 %	37,59 %	14,59 %	15,7 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	6,6 %	10,27 %	8,88 %	9 %
Current Ratio	3,97	1,46	7,41	6,58
Quick Ratio	−30,67	2,02	−5,18	−7,27
Equity Ratio	0,77	0,35	0,88	0,86
Gross Profit Margin	19,85 %	29,74 %	19,25 %	22,54 %