NORHEIMSUND MEKANISKE VERKSTED AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

36,15 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	847 000	1 295 000	1 205 000	1 014 000
Net Income	124 000	−217 000	105 000	254 000
Total Assets	607 000	551 000	794 000	566 000
Total Equity	343 000	219 000	436 000	331 000

Income (NOK)	2022	2021	2020	2019
Revenue	847 000	1 295 000	1 205 000	1 014 000
Expenditure	691 000	1 574 000	1 071 000	689 000
Operating Profit	157 000	−280 000	134 000	326 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	0	0	2 000	0
Financial Balance	2 000	2 000	0	0
Earnings Before Tax	159 000	−278 000	134 000	325 000
Tax	35 000	−61 000	30 000	72 000
Net Income	124 000	−217 000	105 000	254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	308 000	276 000	126 000
Total Current Assets	403 000	242 000	518 000	440 000
Total Assets	607 000	551 000	794 000	566 000
Total Retained Equity	293 000	169 000	386 000	281 000
Total Equity	343 000	219 000	436 000	331 000
Total Long-Term Debt	0	0	14 000	6 000
Total Current Debt	264 000	332 000	344 000	228 000
Total Equity and Debt	607 000	551 000	794 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	847 000	1 295 000	1 202 000	1 014 000
Other Income	0	0	3 000	0
Revenue	847 000	1 295 000	1 205 000	1 014 000
Cost of Goods Sold	84 000	649 000	498 000	108 000
Salary Costs	312 000	597 000	346 000	368 000
Depreciation	69 000	63 000	34 000	5 000
Impairment	0	0	0	0
Expenditure	691 000	1 574 000	1 071 000	689 000
Operating Profit	157 000	−280 000	134 000	326 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	0	0	2 000	0
Financial Balance	2 000	2 000	0	0
Dividends	0	0	0	0
Net Income	124 000	−217 000	105 000	254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	59 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	249 000	263 000	126 000
Total Tangible Assets	180 000	249 000	263 000	126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	204 000	308 000	276 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	379 000	160 000	79 000	38 000
Total Current Assets	403 000	242 000	518 000	440 000
Total Assets	607 000	551 000	794 000	566 000
Total Equity	343 000	219 000	436 000	331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	14 000	6 000
Creditors	30 000	155 000	181 000	40 000
Unpaid Taxes	81 000	11 000	11 000	57 000
Dividends	0	0	0	0
Other Current Debt	153 000	165 000	129 000	65 000
Total Current Debt	264 000	332 000	344 000	228 000
Total Equity and Debt	607 000	551 000	794 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,15 %	−99,09 %	24,08 %	76,74 %
Debt-to-Equity Ratio	0	0	0,03	0,02
Operating Profit Margin	18,54 %	−21,62 %	11,12 %	32,15 %
Current Ratio	1,53	0,73	1,51	1,93
Quick Ratio	1,53	0,73	1,51	1,93
Equity Ratio	0,57	0,4	0,55	0,58
Gross Profit Margin	90,08 %	49,88 %	58,67 %	89,35 %