NORDVENTURES AS

6280 SØVIK

Finances

Share Ownership

Return on Equity

674,74 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 499 000	2 399 000	3 975 000	2 484 000
Net Income	641 000	−484 000	470 000	−250 000
Total Assets	1 714 000	1 378 000	741 000	945 000
Total Equity	95 000	−358 000	126 000	−345 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 499 000	2 399 000	3 975 000	2 484 000
Expenditure	2 006 000	3 630 000	3 327 000	2 944 000
Operating Profit	798 000	−465 000	417 000	−208 000
Financial Income	20 000	70 000	171 000	31 000
Financial Costs	124 000	88 000	91 000	73 000
Financial Balance	−104 000	−18 000	80 000	−42 000
Earnings Before Tax	693 000	−484 000	497 000	−250 000
Tax	53 000	0	27 000	0
Net Income	641 000	−484 000	470 000	−250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	1 714 000	1 378 000	741 000	929 000
Total Assets	1 714 000	1 378 000	741 000	945 000
Total Retained Equity	65 000	−388 000	96 000	−375 000
Total Equity	95 000	−358 000	126 000	−345 000
Total Long-Term Debt	380 000	0	0	0
Total Current Debt	1 239 000	1 736 000	615 000	1 290 000
Total Equity and Debt	1 714 000	1 378 000	741 000	945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 499 000	2 399 000	3 962 000	2 484 000
Other Income	0	0	13 000	0
Revenue	2 499 000	2 399 000	3 975 000	2 484 000
Cost of Goods Sold	1 496 000	2 657 000	2 510 000	2 014 000
Salary Costs	0	−1 000	305 000	254 000
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	2 006 000	3 630 000	3 327 000	2 944 000
Operating Profit	798 000	−465 000	417 000	−208 000
Financial Income	20 000	70 000	171 000	31 000
Financial Costs	124 000	88 000	91 000	73 000
Financial Balance	−104 000	−18 000	80 000	−42 000
Dividends	0	0	0	0
Net Income	641 000	−484 000	470 000	−250 000

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	17 000
Total Tangible Assets	0	0	0	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	17 000
Stock	1 574 000	1 289 000	539 000	918 000
Total Investments	0	0	0	0
Cash, Bank	0	0	9 000	6 000
Total Current Assets	1 714 000	1 378 000	741 000	929 000
Total Assets	1 714 000	1 378 000	741 000	945 000
Total Equity	95 000	−358 000	126 000	−345 000
Short-Term Group Debt	240 000	0	0	370 000
Total Long-Term Debt	380 000	0	0	0
Creditors	53 000	483 000	41 000	67 000
Unpaid Taxes	0	17 000	80 000	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	27 000	48 000
Total Current Debt	1 239 000	1 736 000	615 000	1 290 000
Total Equity and Debt	1 714 000	1 378 000	741 000	945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	674,74 %	135,2 %	373,02 %	72,46 %
Debt-to-Equity Ratio	4	−0	0	−0
Operating Profit Margin	31,93 %	−19,38 %	10,49 %	−8,37 %
Current Ratio	1,38	0,79	1,2	0,72
Quick Ratio	−5,12	3,08	9,75	2,5
Equity Ratio	0,06	−0,26	0,17	−0,37
Gross Profit Margin	40,14 %	−10,75 %	36,86 %	18,92 %