NORDIC RAILWAY AS

3157 BARKÅKER

Finances

Share Ownership

Return on Equity

76,6 %

Current Ratio

1,28

Debt-to-Equity Ratio

3,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 473 000	7 553 000	6 014 000	3 664 000
Net Income	563 000	−744 000	807 000	9 000
Total Assets	5 764 000	5 840 000	1 591 000	855 000
Total Equity	735 000	172 000	915 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 473 000	7 553 000	6 014 000	3 664 000
Expenditure	11 603 000	8 156 000	4 951 000	3 627 000
Operating Profit	870 000	−603 000	1 063 000	36 000
Financial Income	2 000	8 000	0	0
Financial Costs	309 000	154 000	29 000	27 000
Financial Balance	−307 000	−146 000	−29 000	−27 000
Earnings Before Tax	563 000	−749 000	1 034 000	10 000
Tax	0	−5 000	228 000	1 000
Net Income	563 000	−744 000	807 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 548 000	3 093 000	476 000	201 000
Total Current Assets	3 215 000	2 746 000	1 115 000	654 000
Total Assets	5 764 000	5 840 000	1 591 000	855 000
Total Retained Equity	635 000	72 000	815 000	9 000
Total Equity	735 000	172 000	915 000	109 000
Total Long-Term Debt	2 524 000	2 497 000	5 000	1 000
Total Current Debt	2 505 000	3 171 000	671 000	746 000
Total Equity and Debt	5 764 000	5 840 000	1 591 000	855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 432 000	7 553 000	6 014 000	3 664 000
Other Income	40 000	0	0	0
Revenue	12 473 000	7 553 000	6 014 000	3 664 000
Cost of Goods Sold	713 000	606 000	1 613 000	960 000
Salary Costs	5 987 000	3 987 000	1 415 000	1 496 000
Depreciation	438 000	291 000	79 000	35 000
Impairment	0	0	0	0
Expenditure	11 603 000	8 156 000	4 951 000	3 627 000
Operating Profit	870 000	−603 000	1 063 000	36 000
Financial Income	2 000	8 000	0	0
Financial Costs	309 000	154 000	29 000	27 000
Financial Balance	−307 000	−146 000	−29 000	−27 000
Dividends	0	0	0	0
Net Income	563 000	−744 000	807 000	9 000

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	2 047 000	2 463 000	378 000	201 000
Total Tangible Assets	2 047 000	2 463 000	378 000	201 000
Total Fiancial Fixed Assets	501 000	630 000	99 000	0
Total Fixed Assets	2 548 000	3 093 000	476 000	201 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 123 000	12 000	666 000	531 000
Total Current Assets	3 215 000	2 746 000	1 115 000	654 000
Total Assets	5 764 000	5 840 000	1 591 000	855 000
Total Equity	735 000	172 000	915 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 524 000	2 497 000	5 000	1 000
Creditors	335 000	1 001 000	89 000	369 000
Unpaid Taxes	862 000	638 000	141 000	181 000
Dividends	0	0	0	0
Other Current Debt	908 000	787 000	217 000	196 000
Total Current Debt	2 505 000	3 171 000	671 000	746 000
Total Equity and Debt	5 764 000	5 840 000	1 591 000	855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,6 %	−432,56 %	88,2 %	8,26 %
Debt-to-Equity Ratio	3,43	14,52	0,01	0,01
Operating Profit Margin	6,98 %	−7,98 %	17,68 %	0,98 %
Current Ratio	1,28	0,87	1,66	0,88
Quick Ratio	1,28	0,87	1,66	0,88
Equity Ratio	0,13	0,03	0,58	0,13
Gross Profit Margin	94,28 %	91,98 %	73,18 %	73,8 %