NORDAR AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

−556,32 %

Current Ratio

0,97

Debt-to-Equity Ratio

−1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 832 000	2 843 000	2 576 000	3 621 000
Net Income	484 000	200 000	−151 000	270 000
Total Assets	887 000	380 000	65 000	537 000
Total Equity	−87 000	90 000	−110 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 832 000	2 843 000	2 576 000	3 621 000
Expenditure	3 211 000	2 586 000	2 726 000	3 273 000
Operating Profit	620 000	257 000	−150 000	348 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Earnings Before Tax	620 000	257 000	−151 000	346 000
Tax	136 000	56 000	0	76 000
Net Income	484 000	200 000	−151 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	11 000	15 000	19 000
Total Current Assets	797 000	369 000	50 000	518 000
Total Assets	887 000	380 000	65 000	537 000
Total Retained Equity	−117 000	60 000	−151 000	11 000
Total Equity	−87 000	90 000	−110 000	41 000
Total Long-Term Debt	156 000	0	0	0
Total Current Debt	818 000	290 000	174 000	496 000
Total Equity and Debt	887 000	380 000	65 000	537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 832 000	2 843 000	2 576 000	3 621 000
Other Income	0	0	0	0
Revenue	3 832 000	2 843 000	2 576 000	3 621 000
Cost of Goods Sold	1 734 000	1 850 000	1 789 000	2 274 000
Salary Costs	1 237 000	565 000	748 000	800 000
Depreciation	23 000	3 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	3 211 000	2 586 000	2 726 000	3 273 000
Operating Profit	620 000	257 000	−150 000	348 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Dividends	480 000	180 000	0	260 000
Net Income	484 000	200 000	−151 000	270 000

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	90 000	11 000	15 000	19 000
Total Tangible Assets	90 000	11 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	11 000	15 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	494 000	327 000	12 000	421 000
Total Current Assets	797 000	369 000	50 000	518 000
Total Assets	887 000	380 000	65 000	537 000
Total Equity	−87 000	90 000	−110 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	156 000	0	0	0
Creditors	0	1 000	0	1 000
Unpaid Taxes	198 000	107 000	65 000	82 000
Dividends	480 000	180 000	0	260 000
Other Current Debt	78 000	43 000	61 000	76 000
Total Current Debt	818 000	290 000	174 000	496 000
Total Equity and Debt	887 000	380 000	65 000	537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−556,32 %	222,22 %	137,27 %	658,54 %
Debt-to-Equity Ratio	−1,79	0	−0	0
Operating Profit Margin	16,18 %	9,04 %	−5,82 %	9,61 %
Current Ratio	0,97	1,27	0,29	1,04
Quick Ratio	0,97	1,27	0,29	1,04
Equity Ratio	−0,1	0,24	−1,69	0,08
Gross Profit Margin	54,75 %	34,93 %	30,55 %	37,2 %