NODLAND VVS AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

32,23 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 125 000	2 664 000	2 511 000	1 581 000
Net Income	350 000	271 000	179 000	246 000
Total Assets	2 221 000	1 566 000	1 242 000	651 000
Total Equity	1 086 000	736 000	465 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 125 000	2 664 000	2 511 000	1 581 000
Expenditure	3 641 000	2 290 000	2 269 000	1 268 000
Operating Profit	484 000	374 000	242 000	313 000
Financial Income	2 000	1 000	0	0
Financial Costs	36 000	24 000	13 000	0
Financial Balance	−34 000	−23 000	−13 000	0
Earnings Before Tax	449 000	350 000	229 000	313 000
Tax	99 000	80 000	50 000	67 000
Net Income	350 000	271 000	179 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	31 000	95 000	54 000
Total Current Assets	2 215 000	1 535 000	1 148 000	597 000
Total Assets	2 221 000	1 566 000	1 242 000	651 000
Total Retained Equity	1 036 000	686 000	415 000	236 000
Total Equity	1 086 000	736 000	465 000	286 000
Total Long-Term Debt	317 000	407 000	485 000	0
Total Current Debt	818 000	423 000	293 000	364 000
Total Equity and Debt	2 221 000	1 566 000	1 242 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 125 000	2 610 000	2 431 000	1 563 000
Other Income	0	53 000	79 000	18 000
Revenue	4 125 000	2 664 000	2 511 000	1 581 000
Cost of Goods Sold	1 883 000	1 142 000	909 000	442 000
Salary Costs	1 215 000	551 000	781 000	435 000
Depreciation	24 000	24 000	28 000	12 000
Impairment	0	0	0	0
Expenditure	3 641 000	2 290 000	2 269 000	1 268 000
Operating Profit	484 000	374 000	242 000	313 000
Financial Income	2 000	1 000	0	0
Financial Costs	36 000	24 000	13 000	0
Financial Balance	−34 000	−23 000	−13 000	0
Dividends	0	0	0	0
Net Income	350 000	271 000	179 000	246 000

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	6 000	31 000	70 000	54 000
Total Tangible Assets	6 000	31 000	70 000	54 000
Total Fiancial Fixed Assets	0	0	25 000	0
Total Fixed Assets	6 000	31 000	95 000	54 000
Stock	1 232 000	1 048 000	976 000	345 000
Total Investments	0	0	0	0
Cash, Bank	197 000	403 000	49 000	111 000
Total Current Assets	2 215 000	1 535 000	1 148 000	597 000
Total Assets	2 221 000	1 566 000	1 242 000	651 000
Total Equity	1 086 000	736 000	465 000	286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	317 000	407 000	485 000	0
Creditors	196 000	83 000	44 000	92 000
Unpaid Taxes	320 000	163 000	74 000	123 000
Dividends	0	0	0	0
Other Current Debt	197 000	103 000	130 000	83 000
Total Current Debt	818 000	423 000	293 000	364 000
Total Equity and Debt	2 221 000	1 566 000	1 242 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,23 %	36,82 %	38,49 %	86,01 %
Debt-to-Equity Ratio	0,29	0,55	1,04	0
Operating Profit Margin	11,73 %	14,04 %	9,64 %	19,8 %
Current Ratio	2,71	3,63	3,92	1,64
Quick Ratio	−5,35	−2,46	−1,68	31,42
Equity Ratio	0,49	0,47	0,37	0,44
Gross Profit Margin	54,35 %	57,13 %	63,8 %	72,04 %