NORDVEST HUS AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

182,5 %

Current Ratio

3,31

Debt-to-Equity Ratio

−10,13

Key figures (NOK)	2021	2020	2019	2018
Revenue	11 000	12 117 000	10 665 000	10 450 000
Net Income	−657 000	1 255 000	946 000	1 452 000
Total Assets	4 708 000	2 944 000	5 179 000	6 700 000
Total Equity	−360 000	297 000	1 109 000	1 163 000

Income (NOK)	2021	2020	2019	2018
Revenue	11 000	12 117 000	10 665 000	10 450 000
Expenditure	287 000	6 152 000	13 492 000	8 454 000
Operating Profit	−276 000	1 657 000	1 481 000	1 996 000
Financial Income	0	0	0	3 000
Financial Costs	381 000	49 000	269 000	114 000
Financial Balance	−381 000	−49 000	−269 000	−111 000
Earnings Before Tax	−657 000	1 609 000	1 213 000	1 885 000
Tax	0	354 000	267 000	434 000
Net Income	−657 000	1 255 000	946 000	1 452 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	13 000	17 000	0	6 058 000
Total Current Assets	4 695 000	2 927 000	5 179 000	642 000
Total Assets	4 708 000	2 944 000	5 179 000	6 700 000
Total Retained Equity	−475 000	182 000	994 000	1 048 000
Total Equity	−360 000	297 000	1 109 000	1 163 000
Total Long-Term Debt	3 648 000	0	1 655 000	4 051 000
Total Current Debt	1 420 000	2 647 000	2 415 000	1 487 000
Total Equity and Debt	4 708 000	2 944 000	5 179 000	6 700 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	11 000	12 117 000	10 653 000	10 450 000
Other Income	0	0	12 000	0
Revenue	11 000	12 117 000	10 665 000	10 450 000
Cost of Goods Sold	158 000	5 846 000	13 381 000	7 413 000
Salary Costs	0	0	0	0
Depreciation	4 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	287 000	6 152 000	13 492 000	8 454 000
Operating Profit	−276 000	1 657 000	1 481 000	1 996 000
Financial Income	0	0	0	3 000
Financial Costs	381 000	49 000	269 000	114 000
Financial Balance	−381 000	−49 000	−269 000	−111 000
Dividends	0	2 066 000	1 000 000	0
Net Income	−657 000	1 255 000	946 000	1 452 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	6 058 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	17 000	0	0
Total Tangible Assets	13 000	17 000	0	6 058 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	17 000	0	6 058 000
Stock	3 608 000	0	4 308 000	0
Total Investments	0	0	0	0
Cash, Bank	32 000	2 699 000	110 000	351 000
Total Current Assets	4 695 000	2 927 000	5 179 000	642 000
Total Assets	4 708 000	2 944 000	5 179 000	6 700 000
Total Equity	−360 000	297 000	1 109 000	1 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 648 000	0	1 655 000	4 051 000
Creditors	82 000	5 000	487 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 066 000	1 000 000	0
Other Current Debt	1 338 000	222 000	1 661 000	1 174 000
Total Current Debt	1 420 000	2 647 000	2 415 000	1 487 000
Total Equity and Debt	4 708 000	2 944 000	5 179 000	6 700 000

Financial indicators	2021	2020	2019	2018
Return on Equity	182,5 %	422,56 %	85,3 %	124,85 %
Debt-to-Equity Ratio	−10,13	0	1,49	3,48
Operating Profit Margin	−2 509,09 %	13,68 %	13,89 %	19,1 %
Current Ratio	3,31	1,11	2,14	0,43
Quick Ratio	−2,15	1,11	−2,74	0,43
Equity Ratio	−0,08	0,1	0,21	0,17
Gross Profit Margin	−1 336,36 %	51,75 %	−25,47 %	29,06 %