NORDIC BOATS AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

23,23 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 633 000	30 521 000	39 838 000	20 846 000
Net Income	844 000	714 000	2 526 000	726 000
Total Assets	17 375 000	13 635 000	9 260 000	4 253 000
Total Equity	3 633 000	2 959 000	2 744 000	718 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 633 000	30 521 000	39 838 000	20 846 000
Expenditure	35 302 000	29 578 000	36 559 000	19 788 000
Operating Profit	1 330 000	943 000	3 279 000	1 059 000
Financial Income	296 000	106 000	79 000	0
Financial Costs	477 000	134 000	104 000	139 000
Financial Balance	−181 000	−28 000	−25 000	−139 000
Earnings Before Tax	1 149 000	916 000	3 253 000	920 000
Tax	305 000	201 000	727 000	194 000
Net Income	844 000	714 000	2 526 000	726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	63 000	84 000	0
Total Current Assets	17 333 000	13 572 000	9 176 000	4 253 000
Total Assets	17 375 000	13 635 000	9 260 000	4 253 000
Total Retained Equity	3 603 000	2 929 000	2 714 000	688 000
Total Equity	3 633 000	2 959 000	2 744 000	718 000
Total Long-Term Debt	1 000	4 000	14 000	1 000
Total Current Debt	13 742 000	10 672 000	6 502 000	3 535 000
Total Equity and Debt	17 375 000	13 635 000	9 260 000	4 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 382 000	30 461 000	39 838 000	20 846 000
Other Income	251 000	60 000	0	0
Revenue	36 633 000	30 521 000	39 838 000	20 846 000
Cost of Goods Sold	32 628 000	28 054 000	34 945 000	19 172 000
Salary Costs	919 000	588 000	583 000	67 000
Depreciation	21 000	21 000	7 000	0
Impairment	0	0	0	0
Expenditure	35 302 000	29 578 000	36 559 000	19 788 000
Operating Profit	1 330 000	943 000	3 279 000	1 059 000
Financial Income	296 000	106 000	79 000	0
Financial Costs	477 000	134 000	104 000	139 000
Financial Balance	−181 000	−28 000	−25 000	−139 000
Dividends	170 000	500 000	500 000	0
Net Income	844 000	714 000	2 526 000	726 000

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	42 000	63 000	84 000	0
Total Tangible Assets	42 000	63 000	84 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	63 000	84 000	0
Stock	13 782 000	9 956 000	6 457 000	2 565 000
Total Investments	0	0	0	0
Cash, Bank	69 000	2 042 000	247 000	1 537 000
Total Current Assets	17 333 000	13 572 000	9 176 000	4 253 000
Total Assets	17 375 000	13 635 000	9 260 000	4 253 000
Total Equity	3 633 000	2 959 000	2 744 000	718 000
Short-Term Group Debt	400 000	50 000	50 000	50 000
Total Long-Term Debt	1 000	4 000	14 000	1 000
Creditors	1 599 000	2 710 000	535 000	1 503 000
Unpaid Taxes	398 000	40 000	759 000	417 000
Dividends	170 000	500 000	500 000	0
Other Current Debt	3 000 000	3 037 000	1 780 000	1 371 000
Total Current Debt	13 742 000	10 672 000	6 502 000	3 535 000
Total Equity and Debt	17 375 000	13 635 000	9 260 000	4 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,23 %	24,13 %	92,06 %	101,11 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	3,63 %	3,09 %	8,23 %	5,08 %
Current Ratio	1,26	1,27	1,41	1,2
Quick Ratio	−433,33	18,96	203,91	4,38
Equity Ratio	0,21	0,22	0,3	0,17
Gross Profit Margin	10,93 %	8,08 %	12,28 %	8,03 %