NORDIC BLOCKS AS

2860 HOV

Finances

Share Ownership

Return on Equity

71,64 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	13 245 000	5 474 000	6 448 000	6 644 000
Net Income	1 852 000	44 000	501 000	160 000
Total Assets	6 205 000	1 617 000	2 219 000	2 488 000
Total Equity	2 585 000	733 000	689 000	188 000

Income (NOK)	2021	2020	2019	2018
Revenue	13 245 000	5 474 000	6 448 000	6 644 000
Expenditure	10 777 000	5 446 000	5 753 000	6 475 000
Operating Profit	2 466 000	28 000	695 000	169 000
Financial Income	56 000	87 000	42 000	71 000
Financial Costs	148 000	58 000	90 000	35 000
Financial Balance	−92 000	29 000	−48 000	36 000
Earnings Before Tax	2 374 000	57 000	647 000	205 000
Tax	522 000	13 000	146 000	45 000
Net Income	1 852 000	44 000	501 000	160 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 211 000	587 000	620 000	714 000
Total Current Assets	2 994 000	1 030 000	1 599 000	1 774 000
Total Assets	6 205 000	1 617 000	2 219 000	2 488 000
Total Retained Equity	2 555 000	703 000	659 000	158 000
Total Equity	2 585 000	733 000	689 000	188 000
Total Long-Term Debt	179 000	57 000	611 000	1 637 000
Total Current Debt	3 440 000	827 000	918 000	663 000
Total Equity and Debt	6 205 000	1 617 000	2 219 000	2 488 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	13 245 000	5 413 000	6 445 000	6 644 000
Other Income	0	61 000	3 000	0
Revenue	13 245 000	5 474 000	6 448 000	6 644 000
Cost of Goods Sold	2 000	0	22 000	72 000
Salary Costs	809 000	503 000	647 000	348 000
Depreciation	85 000	94 000	94 000	65 000
Impairment	0	0	0	0
Expenditure	10 777 000	5 446 000	5 753 000	6 475 000
Operating Profit	2 466 000	28 000	695 000	169 000
Financial Income	56 000	87 000	42 000	71 000
Financial Costs	148 000	58 000	90 000	35 000
Financial Balance	−92 000	29 000	−48 000	36 000
Dividends	0	0	0	0
Net Income	1 852 000	44 000	501 000	160 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 893 000	521 000	600 000	679 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	228 000	6 000	20 000	35 000
Total Tangible Assets	3 121 000	527 000	620 000	714 000
Total Fiancial Fixed Assets	90 000	60 000	0	0
Total Fixed Assets	3 211 000	587 000	620 000	714 000
Stock	0	0	0	13 000
Total Investments	0	0	0	0
Cash, Bank	852 000	201 000	650 000	1 387 000
Total Current Assets	2 994 000	1 030 000	1 599 000	1 774 000
Total Assets	6 205 000	1 617 000	2 219 000	2 488 000
Total Equity	2 585 000	733 000	689 000	188 000
Short-Term Group Debt	0	0	0	232 000
Total Long-Term Debt	179 000	57 000	611 000	1 637 000
Creditors	1 642 000	423 000	297 000	271 000
Unpaid Taxes	−116 000	22 000	117 000	83 000
Dividends	0	0	0	0
Other Current Debt	1 514 000	374 000	374 000	69 000
Total Current Debt	3 440 000	827 000	918 000	663 000
Total Equity and Debt	6 205 000	1 617 000	2 219 000	2 488 000

Financial indicators	2021	2020	2019	2018
Return on Equity	71,64 %	6 %	72,71 %	85,11 %
Debt-to-Equity Ratio	0,07	0,08	0,89	8,71
Operating Profit Margin	18,62 %	0,51 %	10,78 %	2,54 %
Current Ratio	0,87	1,25	1,74	2,68
Quick Ratio	0,87	1,25	1,74	2,73
Equity Ratio	0,42	0,45	0,31	0,08
Gross Profit Margin	99,98 %	100 %	99,66 %	98,92 %