NORDIC DEMOLITION AS

3470 SLEMMESTAD

Finances

Return on Equity

12,34 %

Current Ratio

0,32

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 015 000	3 000 000	284 000	60 000
Net Income	37 974 000	4 044 000	68 787 000	110 000
Total Assets	483 027 000	244 423 000	288 637 000	189 035 000
Total Equity	307 673 000	213 667 000	194 023 000	187 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 015 000	3 000 000	284 000	60 000
Expenditure	17 442 000	15 062 000	3 974 000	696 000
Operating Profit	−5 427 000	−12 063 000	−3 689 000	−636 000
Financial Income	55 106 000	16 469 000	76 914 000	762 000
Financial Costs	993 000	68 000	2 000	0
Financial Balance	54 113 000	16 401 000	76 912 000	762 000
Earnings Before Tax	48 685 000	4 338 000	73 222 000	126 000
Tax	10 711 000	295 000	4 435 000	16 000
Net Income	37 974 000	4 044 000	68 787 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 686 000	226 928 000	209 234 000	187 209 000
Total Current Assets	50 341 000	17 494 000	79 403 000	1 826 000
Total Assets	483 027 000	244 423 000	288 637 000	189 035 000
Total Retained Equity	55 915 000	17 941 000	−1 703 000	110 000
Total Equity	307 673 000	213 667 000	194 023 000	187 836 000
Total Long-Term Debt	18 307 000	4 000 000	7 000 000	0
Total Current Debt	157 048 000	26 756 000	87 614 000	1 199 000
Total Equity and Debt	483 027 000	244 423 000	288 637 000	189 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 000	0	284 000	60 000
Other Income	11 570 000	3 000 000	0	0
Revenue	12 015 000	3 000 000	284 000	60 000
Cost of Goods Sold	0	296 000	73 000	0
Salary Costs	7 703 000	7 936 000	1 410 000	347 000
Depreciation	531 000	99 000	0	0
Impairment	0	0	0	0
Expenditure	17 442 000	15 062 000	3 974 000	696 000
Operating Profit	−5 427 000	−12 063 000	−3 689 000	−636 000
Financial Income	55 106 000	16 469 000	76 914 000	762 000
Financial Costs	993 000	68 000	2 000	0
Financial Balance	54 113 000	16 401 000	76 912 000	762 000
Dividends	0	0	55 000 000	0
Net Income	37 974 000	4 044 000	68 787 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	321 000	384 000	171 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	860 000	0	0	0
Fixtures	6 037 000	1 444 000	0	0
Total Tangible Assets	6 897 000	1 444 000	0	0
Total Fiancial Fixed Assets	425 468 000	225 101 000	209 063 000	187 209 000
Total Fixed Assets	432 686 000	226 928 000	209 234 000	187 209 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	50 341 000	17 494 000	79 403 000	1 826 000
Total Assets	483 027 000	244 423 000	288 637 000	189 035 000
Total Equity	307 673 000	213 667 000	194 023 000	187 836 000
Short-Term Group Debt	138 592 000	25 322 000	84 267 000	132 000
Total Long-Term Debt	18 307 000	4 000 000	7 000 000	0
Creditors	2 174 000	523 000	9 000	0
Unpaid Taxes	356 000	74 000	74 000	5 000
Dividends	0	0	55 000 000	0
Other Current Debt	5 176 000	837 000	858 000	1 062 000
Total Current Debt	157 048 000	26 756 000	87 614 000	1 199 000
Total Equity and Debt	483 027 000	244 423 000	288 637 000	189 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,34 %	1,89 %	35,45 %	0,06 %
Debt-to-Equity Ratio	0,06	0,02	0,04	0
Operating Profit Margin	−45,17 %	−402,1 %	−1 298,94 %	−1 060 %
Current Ratio	0,32	0,65	0,91	1,52
Quick Ratio	0,32	0,65	0,91	1,52
Equity Ratio	0,64	0,87	0,67	0,99
Gross Profit Margin	100 %	90,13 %	74,3 %	100 %