NORDVEST PROPELLER AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

32,75 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 548 000	2 738 000	3 357 000	3 365 000
Net Income	528 000	−28 000	402 000	425 000
Total Assets	2 234 000	1 724 000	2 115 000	2 736 000
Total Equity	1 612 000	1 084 000	1 112 000	710 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 548 000	2 738 000	3 357 000	3 365 000
Expenditure	2 874 000	2 777 000	2 844 000	2 820 000
Operating Profit	673 000	−40 000	514 000	544 000
Financial Income	3 000	3 000	4 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	3 000	3 000	3 000	1 000
Earnings Before Tax	677 000	−36 000	516 000	545 000
Tax	149 000	−8 000	114 000	120 000
Net Income	528 000	−28 000	402 000	425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	92 000	141 000	162 000
Total Current Assets	2 174 000	1 632 000	1 974 000	2 574 000
Total Assets	2 234 000	1 724 000	2 115 000	2 736 000
Total Retained Equity	1 582 000	1 054 000	1 082 000	680 000
Total Equity	1 612 000	1 084 000	1 112 000	710 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	623 000	639 000	1 002 000	2 026 000
Total Equity and Debt	2 234 000	1 724 000	2 115 000	2 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 548 000	2 738 000	3 357 000	3 365 000
Other Income	0	0	0	0
Revenue	3 548 000	2 738 000	3 357 000	3 365 000
Cost of Goods Sold	1 397 000	1 195 000	1 344 000	1 298 000
Salary Costs	1 082 000	1 096 000	1 150 000	1 151 000
Depreciation	30 000	76 000	74 000	64 000
Impairment	0	0	0	0
Expenditure	2 874 000	2 777 000	2 844 000	2 820 000
Operating Profit	673 000	−40 000	514 000	544 000
Financial Income	3 000	3 000	4 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	3 000	3 000	3 000	1 000
Dividends	0	0	0	0
Net Income	528 000	−28 000	402 000	425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	20 000	12 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 000	72 000	108 000	114 000
Fixtures	0	0	21 000	42 000
Total Tangible Assets	41 000	72 000	129 000	156 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	92 000	141 000	162 000
Stock	258 000	286 000	235 000	167 000
Total Investments	0	0	0	0
Cash, Bank	1 505 000	995 000	1 231 000	1 586 000
Total Current Assets	2 174 000	1 632 000	1 974 000	2 574 000
Total Assets	2 234 000	1 724 000	2 115 000	2 736 000
Total Equity	1 612 000	1 084 000	1 112 000	710 000
Short-Term Group Debt	226 000	336 000	745 000	1 711 000
Total Long-Term Debt	0	0	0	0
Creditors	54 000	175 000	0	3 000
Unpaid Taxes	0	0	0	33 000
Dividends	0	0	0	0
Other Current Debt	196 000	129 000	138 000	156 000
Total Current Debt	623 000	639 000	1 002 000	2 026 000
Total Equity and Debt	2 234 000	1 724 000	2 115 000	2 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,75 %	−2,58 %	36,15 %	59,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,97 %	−1,46 %	15,31 %	16,17 %
Current Ratio	3,49	2,55	1,97	1,27
Quick Ratio	5,96	4,62	2,57	1,38
Equity Ratio	0,72	0,63	0,53	0,26
Gross Profit Margin	60,63 %	56,36 %	59,96 %	61,43 %