NICO TRADING AS

4262 AVALDSNES

Finances

Return on Equity

32,99 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 608 000	9 257 000	5 240 000	3 863 000
Net Income	1 678 000	1 620 000	163 000	2 732 000
Total Assets	9 780 000	5 537 000	4 460 000	4 020 000
Total Equity	5 086 000	3 407 000	1 788 000	2 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 608 000	9 257 000	5 240 000	3 863 000
Expenditure	17 434 000	7 179 000	5 025 000	2 456 000
Operating Profit	2 174 000	2 078 000	214 000	1 407 000
Financial Income	0	0	0	1 630 000
Financial Costs	13 000	2 000	5 000	0
Financial Balance	−13 000	−2 000	−5 000	1 630 000
Earnings Before Tax	2 161 000	2 076 000	209 000	3 037 000
Tax	482 000	457 000	46 000	305 000
Net Income	1 678 000	1 620 000	163 000	2 732 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 892 000	3 888 000	3 738 000	2 801 000
Total Current Assets	2 888 000	1 648 000	722 000	1 219 000
Total Assets	9 780 000	5 537 000	4 460 000	4 020 000
Total Retained Equity	4 611 000	2 933 000	1 313 000	1 650 000
Total Equity	5 086 000	3 407 000	1 788 000	2 124 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	4 694 000	2 130 000	2 670 000	1 896 000
Total Equity and Debt	9 780 000	5 537 000	4 460 000	4 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 608 000	9 257 000	5 240 000	3 863 000
Other Income	0	0	0	0
Revenue	19 608 000	9 257 000	5 240 000	3 863 000
Cost of Goods Sold	16 792 000	6 241 000	4 689 000	1 972 000
Salary Costs	0	0	0	0
Depreciation	44 000	41 000	20 000	0
Impairment	0	0	0	0
Expenditure	17 434 000	7 179 000	5 025 000	2 456 000
Operating Profit	2 174 000	2 078 000	214 000	1 407 000
Financial Income	0	0	0	1 630 000
Financial Costs	13 000	2 000	5 000	0
Financial Balance	−13 000	−2 000	−5 000	1 630 000
Dividends	0	0	500 000	0
Net Income	1 678 000	1 620 000	163 000	2 732 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	2 000 000	0	0	0
Machinery and Plant Facilities	69 000	132 000	129 000	0
Fixtures	45 000	25 000	0	0
Total Tangible Assets	2 114 000	158 000	129 000	0
Total Fiancial Fixed Assets	4 778 000	3 729 000	3 609 000	2 801 000
Total Fixed Assets	6 892 000	3 888 000	3 738 000	2 801 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 793 000	991 000	429 000	803 000
Total Current Assets	2 888 000	1 648 000	722 000	1 219 000
Total Assets	9 780 000	5 537 000	4 460 000	4 020 000
Total Equity	5 086 000	3 407 000	1 788 000	2 124 000
Short-Term Group Debt	79 000	1 277 000	1 627 000	1 387 000
Total Long-Term Debt	0	0	3 000	0
Creditors	746 000	5 000	45 000	6 000
Unpaid Taxes	1 465 000	340 000	142 000	195 000
Dividends	0	0	500 000	0
Other Current Debt	1 922 000	46 000	311 000	308 000
Total Current Debt	4 694 000	2 130 000	2 670 000	1 896 000
Total Equity and Debt	9 780 000	5 537 000	4 460 000	4 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,99 %	47,55 %	9,12 %	128,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,09 %	22,45 %	4,08 %	36,42 %
Current Ratio	0,62	0,77	0,27	0,64
Quick Ratio	0,62	0,77	0,27	0,64
Equity Ratio	0,52	0,62	0,4	0,53
Gross Profit Margin	14,36 %	32,58 %	10,52 %	48,95 %