NORD VARMEPUMPESERVICE AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−18,01 %

Current Ratio

0,67

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 815 000	1 738 000	1 420 000	1 688 000
Net Income	−49 000	−102 000	86 000	186 000
Total Assets	903 000	779 000	404 000	365 000
Total Equity	272 000	321 000	423 000	337 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 815 000	1 738 000	1 420 000	1 688 000
Expenditure	1 834 000	1 802 000	1 278 000	1 432 000
Operating Profit	−19 000	−64 000	143 000	257 000
Financial Income	1 000	1 000	0	0
Financial Costs	45 000	51 000	32 000	18 000
Financial Balance	−44 000	−50 000	−32 000	−18 000
Earnings Before Tax	−63 000	−113 000	111 000	240 000
Tax	−14 000	−11 000	25 000	53 000
Net Income	−49 000	−102 000	86 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	489 000	284 000	241 000	183 000
Total Current Assets	415 000	495 000	163 000	182 000
Total Assets	903 000	779 000	404 000	365 000
Total Retained Equity	242 000	291 000	393 000	307 000
Total Equity	272 000	321 000	423 000	337 000
Total Long-Term Debt	8 000	8 000	8 000	8 000
Total Current Debt	624 000	450 000	−27 000	20 000
Total Equity and Debt	903 000	779 000	404 000	365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 815 000	1 738 000	1 420 000	1 688 000
Other Income	0	0	0	0
Revenue	1 815 000	1 738 000	1 420 000	1 688 000
Cost of Goods Sold	423 000	708 000	469 000	518 000
Salary Costs	859 000	525 000	366 000	471 000
Depreciation	87 000	68 000	61 000	23 000
Impairment	0	0	0	0
Expenditure	1 834 000	1 802 000	1 278 000	1 432 000
Operating Profit	−19 000	−64 000	143 000	257 000
Financial Income	1 000	1 000	0	0
Financial Costs	45 000	51 000	32 000	18 000
Financial Balance	−44 000	−50 000	−32 000	−18 000
Dividends	0	0	0	0
Net Income	−49 000	−102 000	86 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	14 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	86 000	124 000	77 000	97 000
Fixtures	344 000	116 000	160 000	86 000
Total Tangible Assets	430 000	240 000	237 000	183 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	489 000	284 000	241 000	183 000
Stock	50 000	31 000	21 000	39 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	−75 000	23 000
Total Current Assets	415 000	495 000	163 000	182 000
Total Assets	903 000	779 000	404 000	365 000
Total Equity	272 000	321 000	423 000	337 000
Short-Term Group Debt	75 000	0	37 000	48 000
Total Long-Term Debt	8 000	8 000	8 000	8 000
Creditors	138 000	183 000	61 000	75 000
Unpaid Taxes	47 000	76 000	92 000	75 000
Dividends	0	0	0	0
Other Current Debt	85 000	63 000	−245 000	−228 000
Total Current Debt	624 000	450 000	−27 000	20 000
Total Equity and Debt	903 000	779 000	404 000	365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,01 %	−31,78 %	20,33 %	55,19 %
Debt-to-Equity Ratio	0,03	0,02	0,02	0,02
Operating Profit Margin	−1,05 %	−3,68 %	10,07 %	15,23 %
Current Ratio	0,67	1,1	−6,04	9,1
Quick Ratio	0,72	1,18	−3,4	−9,58
Equity Ratio	0,3	0,41	1,05	0,92
Gross Profit Margin	76,69 %	59,26 %	66,97 %	69,31 %