NORDIC ENGROS AS

1056 OSLO

Finances

Share Ownership

Return on Equity

37,45 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 323 000	852 000	210 000
Net Income	270 000	266 000	163 000	−7 000
Total Assets	2 294 000	1 721 000	797 000	74 000
Total Equity	721 000	451 000	185 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 323 000	852 000	210 000
Expenditure	4 993 000	2 968 000	645 000	217 000
Operating Profit	351 000	355 000	207 000	−7 000
Financial Income	19 000	1 000	0	0
Financial Costs	24 000	15 000	1 000	0
Financial Balance	−5 000	−14 000	−1 000	0
Earnings Before Tax	346 000	341 000	206 000	−7 000
Tax	76 000	75 000	44 000	0
Net Income	270 000	266 000	163 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 294 000	1 721 000	797 000	74 000
Total Assets	2 294 000	1 721 000	797 000	74 000
Total Retained Equity	691 000	421 000	155 000	−7 000
Total Equity	721 000	451 000	185 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 573 000	1 270 000	612 000	51 000
Total Equity and Debt	2 294 000	1 721 000	797 000	74 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 343 000	3 323 000	852 000	210 000
Other Income	0	0	0	0
Revenue	5 343 000	3 323 000	852 000	210 000
Cost of Goods Sold	4 176 000	2 398 000	494 000	0
Salary Costs	487 000	528 000	136 000	153 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 993 000	2 968 000	645 000	217 000
Operating Profit	351 000	355 000	207 000	−7 000
Financial Income	19 000	1 000	0	0
Financial Costs	24 000	15 000	1 000	0
Financial Balance	−5 000	−14 000	−1 000	0
Dividends	0	0	0	0
Net Income	270 000	266 000	163 000	−7 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 030 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	768 000	448 000	306 000	55 000
Total Current Assets	2 294 000	1 721 000	797 000	74 000
Total Assets	2 294 000	1 721 000	797 000	74 000
Total Equity	721 000	451 000	185 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 019 000	749 000	206 000	−5 000
Unpaid Taxes	211 000	220 000	142 000	14 000
Dividends	0	0	0	0
Other Current Debt	267 000	226 000	220 000	42 000
Total Current Debt	1 573 000	1 270 000	612 000	51 000
Total Equity and Debt	2 294 000	1 721 000	797 000	74 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,45 %	58,98 %	88,11 %	−30,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,57 %	10,68 %	24,3 %	−3,33 %
Current Ratio	1,46	1,36	1,3	1,45
Quick Ratio	4,22	1,36	1,3	1,45
Equity Ratio	0,31	0,26	0,23	0,31
Gross Profit Margin	21,84 %	27,84 %	42,02 %	100 %