NORDVEST VARMEPUMPER AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

7,44 %

Current Ratio

1,42

Debt-to-Equity Ratio

6,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 860 000	4 017 000	2 831 000	2 682 000
Net Income	9 000	66 000	13 000	−4 000
Total Assets	2 140 000	1 259 000	770 000	571 000
Total Equity	121 000	112 000	46 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 860 000	4 017 000	2 831 000	2 682 000
Expenditure	4 699 000	3 873 000	2 772 000	2 682 000
Operating Profit	162 000	144 000	59 000	−1 000
Financial Income	2 000	5 000	0	0
Financial Costs	97 000	65 000	42 000	4 000
Financial Balance	−95 000	−60 000	−42 000	−4 000
Earnings Before Tax	66 000	84 000	17 000	−4 000
Tax	58 000	19 000	4 000	−1 000
Net Income	9 000	66 000	13 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	131 000	150 000	169 000
Total Current Assets	1 730 000	1 129 000	620 000	402 000
Total Assets	2 140 000	1 259 000	770 000	571 000
Total Retained Equity	91 000	82 000	16 000	−2 000
Total Equity	121 000	112 000	46 000	28 000
Total Long-Term Debt	805 000	349 000	307 000	118 000
Total Current Debt	1 215 000	799 000	417 000	425 000
Total Equity and Debt	2 140 000	1 259 000	770 000	571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 852 000	4 017 000	2 821 000	2 682 000
Other Income	8 000	0	10 000	0
Revenue	4 860 000	4 017 000	2 831 000	2 682 000
Cost of Goods Sold	1 685 000	1 335 000	986 000	1 395 000
Salary Costs	1 881 000	1 564 000	1 033 000	750 000
Depreciation	68 000	19 000	19 000	13 000
Impairment	0	0	0	0
Expenditure	4 699 000	3 873 000	2 772 000	2 682 000
Operating Profit	162 000	144 000	59 000	−1 000
Financial Income	2 000	5 000	0	0
Financial Costs	97 000	65 000	42 000	4 000
Financial Balance	−95 000	−60 000	−42 000	−4 000
Dividends	0	0	0	0
Net Income	9 000	66 000	13 000	−4 000

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	410 000	131 000	150 000	169 000
Total Tangible Assets	410 000	131 000	150 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	131 000	150 000	169 000
Stock	795 000	475 000	100 000	81 000
Total Investments	0	0	0	0
Cash, Bank	130 000	259 000	321 000	125 000
Total Current Assets	1 730 000	1 129 000	620 000	402 000
Total Assets	2 140 000	1 259 000	770 000	571 000
Total Equity	121 000	112 000	46 000	28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	805 000	349 000	307 000	118 000
Creditors	538 000	218 000	35 000	176 000
Unpaid Taxes	434 000	564 000	260 000	151 000
Dividends	0	0	0	0
Other Current Debt	172 000	4 000	122 000	98 000
Total Current Debt	1 215 000	799 000	417 000	425 000
Total Equity and Debt	2 140 000	1 259 000	770 000	571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,44 %	58,93 %	28,26 %	−14,29 %
Debt-to-Equity Ratio	6,65	3,12	6,67	4,21
Operating Profit Margin	3,33 %	3,58 %	2,08 %	−0,04 %
Current Ratio	1,42	1,41	1,49	0,95
Quick Ratio	4,12	3,48	1,96	1,17
Equity Ratio	0,06	0,09	0,06	0,05
Gross Profit Margin	65,33 %	66,77 %	65,17 %	47,99 %