NORDEN MARITIM AS

5210 OS

Finances

Share Ownership

Return on Equity

49,87 %

Current Ratio

2,77

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 864 000	27 610 000	18 822 000	16 740 000
Net Income	6 353 000	355 000	2 952 000	1 981 000
Total Assets	19 370 000	9 864 000	8 181 000	6 038 000
Total Equity	12 738 000	6 405 000	6 050 000	3 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 864 000	27 610 000	18 822 000	16 740 000
Expenditure	24 531 000	26 732 000	15 036 000	14 127 000
Operating Profit	8 332 000	878 000	3 787 000	2 613 000
Financial Income	279 000	141 000	194 000	56 000
Financial Costs	446 000	564 000	196 000	127 000
Financial Balance	−167 000	−423 000	−2 000	−71 000
Earnings Before Tax	8 164 000	456 000	3 785 000	2 542 000
Tax	1 811 000	100 000	833 000	561 000
Net Income	6 353 000	355 000	2 952 000	1 981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 973 000	3 362 000	545 000	271 000
Total Current Assets	15 397 000	6 501 000	7 636 000	5 767 000
Total Assets	19 370 000	9 864 000	8 181 000	6 038 000
Total Retained Equity	12 714 000	6 381 000	6 025 000	3 724 000
Total Equity	12 738 000	6 405 000	6 050 000	3 748 000
Total Long-Term Debt	1 074 000	1 315 000	0	236 000
Total Current Debt	5 559 000	2 144 000	2 131 000	2 054 000
Total Equity and Debt	19 370 000	9 864 000	8 181 000	6 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 692 000	27 440 000	18 650 000	16 577 000
Other Income	172 000	170 000	173 000	163 000
Revenue	32 864 000	27 610 000	18 822 000	16 740 000
Cost of Goods Sold	11 254 000	15 776 000	7 887 000	7 821 000
Salary Costs	8 550 000	7 199 000	5 024 000	4 674 000
Depreciation	480 000	278 000	19 000	13 000
Impairment	0	0	0	0
Expenditure	24 531 000	26 732 000	15 036 000	14 127 000
Operating Profit	8 332 000	878 000	3 787 000	2 613 000
Financial Income	279 000	141 000	194 000	56 000
Financial Costs	446 000	564 000	196 000	127 000
Financial Balance	−167 000	−423 000	−2 000	−71 000
Dividends	20 000	0	650 000	380 000
Net Income	6 353 000	355 000	2 952 000	1 981 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	21 000	43 000	0	0
Machinery and Plant Facilities	2 497 000	2 061 000	0	0
Fixtures	333 000	70 000	45 000	49 000
Total Tangible Assets	2 852 000	2 173 000	45 000	49 000
Total Fiancial Fixed Assets	1 121 000	1 190 000	498 000	221 000
Total Fixed Assets	3 973 000	3 362 000	545 000	271 000
Stock	3 113 000	2 711 000	2 332 000	1 889 000
Total Investments	0	0	0	0
Cash, Bank	3 697 000	694 000	2 959 000	1 863 000
Total Current Assets	15 397 000	6 501 000	7 636 000	5 767 000
Total Assets	19 370 000	9 864 000	8 181 000	6 038 000
Total Equity	12 738 000	6 405 000	6 050 000	3 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 074 000	1 315 000	0	236 000
Creditors	1 185 000	533 000	84 000	266 000
Unpaid Taxes	1 413 000	581 000	568 000	398 000
Dividends	20 000	0	650 000	380 000
Other Current Debt	1 185 000	980 000	638 000	496 000
Total Current Debt	5 559 000	2 144 000	2 131 000	2 054 000
Total Equity and Debt	19 370 000	9 864 000	8 181 000	6 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,87 %	5,54 %	48,79 %	52,85 %
Debt-to-Equity Ratio	0,08	0,21	0	0,06
Operating Profit Margin	25,35 %	3,18 %	20,12 %	15,61 %
Current Ratio	2,77	3,03	3,58	2,81
Quick Ratio	6,29	−11,47	−37,99	34,95
Equity Ratio	0,66	0,65	0,74	0,62
Gross Profit Margin	65,76 %	42,86 %	58,1 %	53,28 %