NORWEGIAN WOOD DESIGN AS

3023 DRAMMEN

Finances

Share Ownership

Return on Equity

1,22 %

Current Ratio

1,32

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 244 000	4 167 000	3 353 000	2 507 000
Net Income	3 000	163 000	53 000	−116 000
Total Assets	1 650 000	1 688 000	1 138 000	963 000
Total Equity	246 000	243 000	80 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 244 000	4 167 000	3 353 000	2 507 000
Expenditure	5 218 000	3 969 000	3 279 000	2 595 000
Operating Profit	27 000	198 000	75 000	−88 000
Financial Income	0	2 000	2 000	0
Financial Costs	19 000	22 000	23 000	28 000
Financial Balance	−19 000	−20 000	−21 000	−28 000
Earnings Before Tax	8 000	178 000	53 000	−116 000
Tax	4 000	15 000	0	0
Net Income	3 000	163 000	53 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	151 000	116 000	180 000
Total Current Assets	1 498 000	1 537 000	1 022 000	783 000
Total Assets	1 650 000	1 688 000	1 138 000	963 000
Total Retained Equity	−16 000	−19 000	−182 000	−235 000
Total Equity	246 000	243 000	80 000	27 000
Total Long-Term Debt	269 000	526 000	504 000	512 000
Total Current Debt	1 135 000	919 000	554 000	425 000
Total Equity and Debt	1 650 000	1 688 000	1 138 000	963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 244 000	4 167 000	3 353 000	2 507 000
Other Income	0	0	0	0
Revenue	5 244 000	4 167 000	3 353 000	2 507 000
Cost of Goods Sold	1 400 000	1 041 000	959 000	664 000
Salary Costs	2 562 000	2 037 000	1 491 000	1 014 000
Depreciation	69 000	52 000	64 000	86 000
Impairment	0	0	0	0
Expenditure	5 218 000	3 969 000	3 279 000	2 595 000
Operating Profit	27 000	198 000	75 000	−88 000
Financial Income	0	2 000	2 000	0
Financial Costs	19 000	22 000	23 000	28 000
Financial Balance	−19 000	−20 000	−21 000	−28 000
Dividends	0	0	0	0
Net Income	3 000	163 000	53 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	28 000	0	0	0
Machinery and Plant Facilities	40 000	77 000	114 000	151 000
Fixtures	85 000	74 000	2 000	28 000
Total Tangible Assets	152 000	151 000	116 000	179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	152 000	151 000	116 000	180 000
Stock	432 000	440 000	401 000	402 000
Total Investments	0	0	0	0
Cash, Bank	683 000	532 000	258 000	207 000
Total Current Assets	1 498 000	1 537 000	1 022 000	783 000
Total Assets	1 650 000	1 688 000	1 138 000	963 000
Total Equity	246 000	243 000	80 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	269 000	526 000	504 000	512 000
Creditors	292 000	233 000	134 000	84 000
Unpaid Taxes	332 000	262 000	178 000	175 000
Dividends	0	0	0	0
Other Current Debt	508 000	409 000	241 000	166 000
Total Current Debt	1 135 000	919 000	554 000	425 000
Total Equity and Debt	1 650 000	1 688 000	1 138 000	963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,22 %	67,08 %	66,25 %	−429,63 %
Debt-to-Equity Ratio	1,09	2,16	6,3	18,96
Operating Profit Margin	0,51 %	4,75 %	2,24 %	−3,51 %
Current Ratio	1,32	1,67	1,84	1,84
Quick Ratio	2,13	3,21	6,68	34,04
Equity Ratio	0,15	0,14	0,07	0,03
Gross Profit Margin	73,3 %	75,02 %	71,4 %	73,51 %