NEDRE NES AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−359,8 %

Current Ratio

3,87

Debt-to-Equity Ratio

−12,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 401 000	3 864 000	2 722 000	1 712 000
Net Income	1 817 000	2 000	−964 000	−480 000
Total Assets	7 119 000	4 565 000	3 376 000	2 216 000
Total Equity	−505 000	−2 322 000	−2 325 000	−1 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 401 000	3 864 000	2 722 000	1 712 000
Expenditure	5 217 000	3 571 000	3 461 000	2 084 000
Operating Profit	1 819 000	293 000	−738 000	−372 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	3 000	291 000	227 000	109 000
Financial Balance	−2 000	−291 000	−226 000	−108 000
Earnings Before Tax	1 817 000	2 000	−964 000	−480 000
Tax	0	0	0	0
Net Income	1 817 000	2 000	−964 000	−480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 790 000	2 400 000	2 253 000	958 000
Total Current Assets	4 329 000	2 165 000	1 123 000	1 258 000
Total Assets	7 119 000	4 565 000	3 376 000	2 216 000
Total Retained Equity	−535 000	−2 352 000	−2 355 000	−1 361 000
Total Equity	−505 000	−2 322 000	−2 325 000	−1 361 000
Total Long-Term Debt	6 507 000	6 314 000	5 561 000	3 652 000
Total Current Debt	1 118 000	574 000	139 000	−76 000
Total Equity and Debt	7 119 000	4 565 000	3 376 000	2 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 464 000	3 626 000	2 264 000	1 649 000
Other Income	937 000	239 000	458 000	63 000
Revenue	6 401 000	3 864 000	2 722 000	1 712 000
Cost of Goods Sold	3 258 000	2 458 000	2 381 000	1 418 000
Salary Costs	426 000	107 000	163 000	87 000
Depreciation	698 000	600 000	471 000	147 000
Impairment	0	0	0	0
Expenditure	5 217 000	3 571 000	3 461 000	2 084 000
Operating Profit	1 819 000	293 000	−738 000	−372 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	3 000	291 000	227 000	109 000
Financial Balance	−2 000	−291 000	−226 000	−108 000
Dividends	0	0	0	0
Net Income	1 817 000	2 000	−964 000	−480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 105 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 790 000	2 400 000	1 148 000	958 000
Total Tangible Assets	2 790 000	2 400 000	2 253 000	958 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 790 000	2 400 000	2 253 000	958 000
Stock	634 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 013 000	219 000	706 000	428 000
Total Current Assets	4 329 000	2 165 000	1 123 000	1 258 000
Total Assets	7 119 000	4 565 000	3 376 000	2 216 000
Total Equity	−505 000	−2 322 000	−2 325 000	−1 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 507 000	6 314 000	5 561 000	3 652 000
Creditors	889 000	483 000	87 000	−76 000
Unpaid Taxes	157 000	79 000	69 000	0
Dividends	0	0	0	0
Other Current Debt	72 000	12 000	−16 000	0
Total Current Debt	1 118 000	574 000	139 000	−76 000
Total Equity and Debt	7 119 000	4 565 000	3 376 000	2 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−359,8 %	−0,09 %	41,46 %	35,27 %
Debt-to-Equity Ratio	−12,89	−2,72	−2,39	−2,68
Operating Profit Margin	28,42 %	7,58 %	−27,11 %	−21,73 %
Current Ratio	3,87	3,77	8,08	−16,55
Quick Ratio	8,94	3,77	8,08	−16,55
Equity Ratio	−0,07	−0,51	−0,69	−0,61
Gross Profit Margin	49,1 %	36,39 %	12,53 %	17,17 %