NORDIC AUTOMATION AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

49,66 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 388 000	12 349 000	14 737 000	562 000
Net Income	2 022 000	1 880 000	2 812 000	279 000
Total Assets	7 464 000	5 628 000	5 131 000	540 000
Total Equity	4 072 000	3 050 000	2 170 000	358 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 388 000	12 349 000	14 737 000	562 000
Expenditure	13 902 000	9 931 000	11 014 000	204 000
Operating Profit	2 486 000	2 418 000	3 723 000	358 000
Financial Income	362 000	118 000	218 000	0
Financial Costs	255 000	125 000	336 000	0
Financial Balance	107 000	−7 000	−118 000	0
Earnings Before Tax	2 593 000	2 410 000	3 605 000	358 000
Tax	571 000	530 000	793 000	79 000
Net Income	2 022 000	1 880 000	2 812 000	279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	9 000	16 000	0
Total Current Assets	7 262 000	5 620 000	5 115 000	540 000
Total Assets	7 464 000	5 628 000	5 131 000	540 000
Total Retained Equity	4 042 000	3 020 000	0	328 000
Total Equity	4 072 000	3 050 000	2 170 000	358 000
Total Long-Term Debt	5 000	0	0	0
Total Current Debt	3 387 000	2 578 000	2 961 000	182 000
Total Equity and Debt	7 464 000	5 628 000	5 131 000	540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 388 000	12 349 000	14 737 000	562 000
Other Income	0	0	0	0
Revenue	16 388 000	12 349 000	14 737 000	562 000
Cost of Goods Sold	10 955 000	7 847 000	9 645 000	124 000
Salary Costs	2 452 000	1 765 000	947 000	0
Depreciation	17 000	8 000	8 000	0
Impairment	0	0	0	0
Expenditure	13 902 000	9 931 000	11 014 000	204 000
Operating Profit	2 486 000	2 418 000	3 723 000	358 000
Financial Income	362 000	118 000	218 000	0
Financial Costs	255 000	125 000	336 000	0
Financial Balance	107 000	−7 000	−118 000	0
Dividends	1 000 000	1 000 000	1 000 000	0
Net Income	2 022 000	1 880 000	2 812 000	279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	59 000	0	0	0
Machinery and Plant Facilities	39 000	0	0	0
Fixtures	103 000	8 000	16 000	0
Total Tangible Assets	202 000	8 000	16 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	202 000	9 000	16 000	0
Stock	888 000	649 000	248 000	0
Total Investments	0	0	0	0
Cash, Bank	4 947 000	3 807 000	4 116 000	185 000
Total Current Assets	7 262 000	5 620 000	5 115 000	540 000
Total Assets	7 464 000	5 628 000	5 131 000	540 000
Total Equity	4 072 000	3 050 000	2 170 000	358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	0	0	0
Creditors	926 000	304 000	316 000	79 000
Unpaid Taxes	653 000	571 000	719 000	103 000
Dividends	1 000 000	1 000 000	1 000 000	0
Other Current Debt	243 000	172 000	133 000	0
Total Current Debt	3 387 000	2 578 000	2 961 000	182 000
Total Equity and Debt	7 464 000	5 628 000	5 131 000	540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,66 %	61,64 %	129,59 %	77,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,17 %	19,58 %	25,26 %	63,7 %
Current Ratio	2,14	2,18	1,73	2,97
Quick Ratio	2,91	2,91	1,89	2,97
Equity Ratio	0,55	0,54	0,42	0,66
Gross Profit Margin	33,15 %	36,46 %	34,55 %	77,94 %