NORDNORSK BRØNNBORING AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

197,77 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 251 000	22 826 000	23 962 000	8 865 000
Net Income	−3 198 000	93 000	−985 000	60 000
Total Assets	11 037 000	9 476 000	8 260 000	8 041 000
Total Equity	−1 617 000	241 000	148 000	1 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 251 000	22 826 000	23 962 000	8 865 000
Expenditure	26 043 000	22 572 000	25 183 000	8 778 000
Operating Profit	−3 792 000	254 000	−1 221 000	86 000
Financial Income	48 000	54 000	186 000	0
Financial Costs	349 000	186 000	227 000	41 000
Financial Balance	−301 000	−132 000	−41 000	−41 000
Earnings Before Tax	−4 093 000	122 000	−1 262 000	46 000
Tax	−895 000	29 000	−277 000	−14 000
Net Income	−3 198 000	93 000	−985 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 953 000	6 652 000	5 248 000	2 254 000
Total Current Assets	5 085 000	2 824 000	3 012 000	5 787 000
Total Assets	11 037 000	9 476 000	8 260 000	8 041 000
Total Retained Equity	−3 986 000	−789 000	−925 000	60 000
Total Equity	−1 617 000	241 000	148 000	1 090 000
Total Long-Term Debt	70 000	4 806 000	5 232 000	2 614 000
Total Current Debt	12 585 000	4 429 000	2 880 000	4 337 000
Total Equity and Debt	11 037 000	9 476 000	8 260 000	8 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 694 000	22 826 000	23 962 000	8 443 000
Other Income	557 000	0	0	422 000
Revenue	22 251 000	22 826 000	23 962 000	8 865 000
Cost of Goods Sold	5 500 000	7 953 000	12 933 000	3 376 000
Salary Costs	8 095 000	5 242 000	3 917 000	2 175 000
Depreciation	683 000	651 000	523 000	108 000
Impairment	0	0	0	0
Expenditure	26 043 000	22 572 000	25 183 000	8 778 000
Operating Profit	−3 792 000	254 000	−1 221 000	86 000
Financial Income	48 000	54 000	186 000	0
Financial Costs	349 000	186 000	227 000	41 000
Financial Balance	−301 000	−132 000	−41 000	−41 000
Dividends	0	0	0	0
Net Income	−3 198 000	93 000	−985 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 145 000	250 000	279 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 190 000	1 857 000	2 066 000	1 157 000
Fixtures	63 000	144 000	191 000	142 000
Total Tangible Assets	2 253 000	2 001 000	2 257 000	1 299 000
Total Fiancial Fixed Assets	2 555 000	4 401 000	2 712 000	941 000
Total Fixed Assets	5 953 000	6 652 000	5 248 000	2 254 000
Stock	949 000	998 000	1 020 000	2 341 000
Total Investments	0	0	0	0
Cash, Bank	592 000	519 000	286 000	226 000
Total Current Assets	5 085 000	2 824 000	3 012 000	5 787 000
Total Assets	11 037 000	9 476 000	8 260 000	8 041 000
Total Equity	−1 617 000	241 000	148 000	1 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	4 806 000	5 232 000	2 614 000
Creditors	3 929 000	1 958 000	1 915 000	2 599 000
Unpaid Taxes	1 450 000	681 000	581 000	135 000
Dividends	0	0	0	0
Other Current Debt	7 205 000	1 789 000	384 000	1 603 000
Total Current Debt	12 585 000	4 429 000	2 880 000	4 337 000
Total Equity and Debt	11 037 000	9 476 000	8 260 000	8 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,77 %	38,59 %	−665,54 %	5,5 %
Debt-to-Equity Ratio	−0,04	19,94	35,35	2,4
Operating Profit Margin	−17,04 %	1,11 %	−5,1 %	0,97 %
Current Ratio	0,4	0,64	1,05	1,33
Quick Ratio	0,44	0,82	1,62	2,9
Equity Ratio	−0,15	0,03	0,02	0,14
Gross Profit Margin	75,28 %	65,16 %	46,03 %	61,92 %