NORDIC CIGARS AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

0,16 %

Current Ratio

3,79

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 807 000	5 495 000	2 976 000	1 409 000
Net Income	3 000	782 000	526 000	159 000
Total Assets	3 476 000	3 641 000	1 612 000	748 000
Total Equity	1 890 000	1 887 000	1 105 000	578 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 807 000	5 495 000	2 976 000	1 409 000
Expenditure	4 677 000	4 516 000	2 306 000	1 221 000
Operating Profit	131 000	979 000	670 000	188 000
Financial Income	7 000	0	0	0
Financial Costs	82 000	16 000	1 000	2 000
Financial Balance	−75 000	−16 000	−1 000	−2 000
Earnings Before Tax	55 000	963 000	669 000	186 000
Tax	52 000	181 000	143 000	27 000
Net Income	3 000	782 000	526 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	976 000	994 000	26 000	24 000
Total Current Assets	2 500 000	2 647 000	1 587 000	724 000
Total Assets	3 476 000	3 641 000	1 612 000	748 000
Total Retained Equity	1 405 000	1 402 000	620 000	88 000
Total Equity	1 890 000	1 887 000	1 105 000	578 000
Total Long-Term Debt	927 000	941 000	0	0
Total Current Debt	659 000	813 000	508 000	170 000
Total Equity and Debt	3 476 000	3 641 000	1 612 000	748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 807 000	5 495 000	2 940 000	1 409 000
Other Income	0	0	37 000	0
Revenue	4 807 000	5 495 000	2 976 000	1 409 000
Cost of Goods Sold	3 072 000	3 412 000	1 699 000	910 000
Salary Costs	829 000	669 000	283 000	0
Depreciation	119 000	47 000	20 000	14 000
Impairment	0	0	0	0
Expenditure	4 677 000	4 516 000	2 306 000	1 221 000
Operating Profit	131 000	979 000	670 000	188 000
Financial Income	7 000	0	0	0
Financial Costs	82 000	16 000	1 000	2 000
Financial Balance	−75 000	−16 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	3 000	782 000	526 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	976 000	994 000	26 000	24 000
Total Tangible Assets	976 000	994 000	26 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	976 000	994 000	26 000	24 000
Stock	2 196 000	2 167 000	994 000	526 000
Total Investments	0	0	0	0
Cash, Bank	173 000	232 000	345 000	80 000
Total Current Assets	2 500 000	2 647 000	1 587 000	724 000
Total Assets	3 476 000	3 641 000	1 612 000	748 000
Total Equity	1 890 000	1 887 000	1 105 000	578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	927 000	941 000	0	0
Creditors	308 000	299 000	64 000	64 000
Unpaid Taxes	249 000	240 000	244 000	54 000
Dividends	0	0	0	0
Other Current Debt	102 000	93 000	57 000	25 000
Total Current Debt	659 000	813 000	508 000	170 000
Total Equity and Debt	3 476 000	3 641 000	1 612 000	748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,16 %	41,44 %	47,6 %	27,51 %
Debt-to-Equity Ratio	0,49	0,5	0	0
Operating Profit Margin	2,73 %	17,82 %	22,51 %	13,34 %
Current Ratio	3,79	3,26	3,12	4,26
Quick Ratio	−1,63	−1,95	−3,27	−2,03
Equity Ratio	0,54	0,52	0,69	0,77
Gross Profit Margin	36,09 %	37,91 %	42,91 %	35,42 %