NARDO VVS AS

7033 TRONDHEIM

Finances

Share Ownership

Return on Equity

27,08 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	868 000	1 188 000	1 480 000
Net Income	13 000	15 000	−74 000
Total Assets	203 000	247 000	234 000
Total Equity	48 000	35 000	20 000

Income (NOK)	2022	2021	2020
Revenue	868 000	1 188 000	1 480 000
Expenditure	838 000	1 170 000	1 573 000
Operating Profit	30 000	19 000	−93 000
Financial Income	0	0	0
Financial Costs	2 000	0	1 000
Financial Balance	−2 000	0	−1 000
Earnings Before Tax	28 000	19 000	−94 000
Tax	15 000	4 000	−21 000
Net Income	13 000	15 000	−74 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	22 000	35 000
Total Current Assets	203 000	225 000	199 000
Total Assets	203 000	247 000	234 000
Total Retained Equity	18 000	5 000	−10 000
Total Equity	48 000	35 000	20 000
Total Long-Term Debt	0	0	0
Total Current Debt	155 000	212 000	214 000
Total Equity and Debt	203 000	247 000	234 000

Cash flow (NOK)	2022	2021	2020
Sales Income	867 000	1 188 000	1 480 000
Other Income	0	0	0
Revenue	868 000	1 188 000	1 480 000
Cost of Goods Sold	357 000	538 000	697 000
Salary Costs	298 000	448 000	700 000
Depreciation	8 000	8 000	8 000
Impairment	0	0	0
Expenditure	838 000	1 170 000	1 573 000
Operating Profit	30 000	19 000	−93 000
Financial Income	0	0	0
Financial Costs	2 000	0	1 000
Financial Balance	−2 000	0	−1 000
Dividends	0	0	0
Net Income	13 000	15 000	−74 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	15 000	19 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	8 000	16 000
Total Tangible Assets	0	8 000	16 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	22 000	35 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	72 000	61 000	23 000
Total Current Assets	203 000	225 000	199 000
Total Assets	203 000	247 000	234 000
Total Equity	48 000	35 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	51 000	61 000	84 000
Unpaid Taxes	20 000	105 000	55 000
Dividends	0	0	0
Other Current Debt	84 000	46 000	74 000
Total Current Debt	155 000	212 000	214 000
Total Equity and Debt	203 000	247 000	234 000

Financial indicators	2022	2021	2020
Return on Equity	27,08 %	42,86 %	−370 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	3,46 %	1,6 %	−6,28 %
Current Ratio	1,31	1,06	0,93
Quick Ratio	1,31	1,06	0,93
Equity Ratio	0,24	0,14	0,09
Gross Profit Margin	58,87 %	54,71 %	52,91 %