NEDRE NØTTVEIT AS

5238 RÅDAL

Finances

Share Ownership

Return on Equity

26,39 %

Current Ratio

0,09

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 438 000	1 452 000	1 302 000	1 079 000
Net Income	686 000	761 000	732 000	319 000
Total Assets	4 419 000	4 899 000	5 078 000	4 994 000
Total Equity	2 599 000	3 003 000	3 168 000	2 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 438 000	1 452 000	1 302 000	1 079 000
Expenditure	559 000	478 000	364 000	657 000
Operating Profit	880 000	975 000	938 000	422 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	13 000
Financial Balance	0	0	1 000	−13 000
Earnings Before Tax	880 000	975 000	939 000	409 000
Tax	194 000	215 000	206 000	90 000
Net Income	686 000	761 000	732 000	319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 299 000	4 060 000	4 184 000	4 287 000
Total Current Assets	120 000	839 000	894 000	707 000
Total Assets	4 419 000	4 899 000	5 078 000	4 994 000
Total Retained Equity	395 000	800 000	965 000	652 000
Total Equity	2 599 000	3 003 000	3 168 000	2 856 000
Total Long-Term Debt	532 000	535 000	536 000	536 000
Total Current Debt	1 288 000	1 361 000	1 373 000	1 602 000
Total Equity and Debt	4 419 000	4 899 000	5 078 000	4 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 438 000	1 452 000	1 302 000	1 079 000
Other Income	0	0	0	0
Revenue	1 438 000	1 452 000	1 302 000	1 079 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	94 000	94 000	104 000	104 000
Impairment	0	0	0	0
Expenditure	559 000	478 000	364 000	657 000
Operating Profit	880 000	975 000	938 000	422 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	13 000
Financial Balance	0	0	1 000	−13 000
Dividends	686 000	600 000	0	0
Net Income	686 000	761 000	732 000	319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 897 000	3 990 000	4 184 000	4 287 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 897 000	3 990 000	4 184 000	4 287 000
Total Fiancial Fixed Assets	402 000	70 000	0	0
Total Fixed Assets	4 299 000	4 060 000	4 184 000	4 287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	274 000	460 000	293 000
Total Current Assets	120 000	839 000	894 000	707 000
Total Assets	4 419 000	4 899 000	5 078 000	4 994 000
Total Equity	2 599 000	3 003 000	3 168 000	2 856 000
Short-Term Group Debt	519 000	418 000	758 000	1 027 000
Total Long-Term Debt	532 000	535 000	536 000	536 000
Creditors	0	77 000	127 000	201 000
Unpaid Taxes	1 000	79 000	56 000	57 000
Dividends	686 000	600 000	0	0
Other Current Debt	0	363 000	345 000	317 000
Total Current Debt	1 288 000	1 361 000	1 373 000	1 602 000
Total Equity and Debt	4 419 000	4 899 000	5 078 000	4 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,39 %	25,34 %	23,11 %	11,17 %
Debt-to-Equity Ratio	0,2	0,18	0,17	0,19
Operating Profit Margin	61,2 %	67,15 %	72,04 %	39,11 %
Current Ratio	0,09	0,62	0,65	0,44
Quick Ratio	0,09	0,62	0,65	0,44
Equity Ratio	0,59	0,61	0,62	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %