NORDIC NORDVEST AS

6270 BRATTVÅG

Finances

Return on Equity

6 386,67 %

Current Ratio

3,52

Debt-to-Equity Ratio

417,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 489 000	894 000	20 000	10 000
Net Income	1 916 000	581 000	−267 000	−195 000
Total Assets	15 211 000	11 432 000	4 596 000	4 701 000
Total Equity	30 000	30 000	−484 000	−216 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 489 000	894 000	20 000	10 000
Expenditure	183 000	220 000	121 000	54 000
Operating Profit	1 306 000	674 000	−101 000	−44 000
Financial Income	1 456 000	90 000	0	0
Financial Costs	305 000	164 000	167 000	151 000
Financial Balance	1 151 000	−74 000	−167 000	−151 000
Earnings Before Tax	2 457 000	600 000	−267 000	−195 000
Tax	541 000	19 000	0	0
Net Income	1 916 000	581 000	−267 000	−195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 861 000	2 884 000	0	0
Total Current Assets	9 350 000	8 548 000	4 596 000	4 701 000
Total Assets	15 211 000	11 432 000	4 596 000	4 701 000
Total Retained Equity	7 000	7 000	−507 000	−239 000
Total Equity	30 000	30 000	−484 000	−216 000
Total Long-Term Debt	12 524 000	11 245 000	5 011 000	4 873 000
Total Current Debt	2 657 000	157 000	69 000	45 000
Total Equity and Debt	15 211 000	11 432 000	4 596 000	4 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 083 000	700 000	0	0
Other Income	406 000	194 000	20 000	10 000
Revenue	1 489 000	894 000	20 000	10 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	183 000	220 000	121 000	54 000
Operating Profit	1 306 000	674 000	−101 000	−44 000
Financial Income	1 456 000	90 000	0	0
Financial Costs	305 000	164 000	167 000	151 000
Financial Balance	1 151 000	−74 000	−167 000	−151 000
Dividends	0	0	0	0
Net Income	1 916 000	581 000	−267 000	−195 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 861 000	2 884 000	0	0
Total Fixed Assets	5 861 000	2 884 000	0	0
Stock	4 589 000	4 589 000	4 589 000	4 589 000
Total Investments	4 247 000	3 276 000	0	0
Cash, Bank	345 000	682 000	7 000	112 000
Total Current Assets	9 350 000	8 548 000	4 596 000	4 701 000
Total Assets	15 211 000	11 432 000	4 596 000	4 701 000
Total Equity	30 000	30 000	−484 000	−216 000
Short-Term Group Debt	2 521 000	86 000	0	0
Total Long-Term Debt	12 524 000	11 245 000	5 011 000	4 873 000
Creditors	21 000	11 000	45 000	6 000
Unpaid Taxes	56 000	31 000	0	0
Dividends	0	0	0	0
Other Current Debt	59 000	29 000	25 000	39 000
Total Current Debt	2 657 000	157 000	69 000	45 000
Total Equity and Debt	15 211 000	11 432 000	4 596 000	4 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 386,67 %	1 936,67 %	55,17 %	90,28 %
Debt-to-Equity Ratio	417,47	374,83	−10,35	−22,56
Operating Profit Margin	87,71 %	75,39 %	−505 %	−440 %
Current Ratio	3,52	54,45	66,61	104,47
Quick Ratio	−4,84	−1,93	−1,02	−1,03
Equity Ratio	0	0	−0,11	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %