NORDEN BIL AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

74,15 %

Current Ratio

6,4

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020
Revenue	16 896 000	5 229 000	1 127 000
Net Income	2 456 000	655 000	−86 000
Total Assets	6 826 000	946 000	192 000
Total Equity	3 312 000	856 000	201 000

Income (NOK)	2022	2021	2020
Revenue	16 896 000	5 229 000	1 127 000
Expenditure	13 640 000	4 453 000	1 213 000
Operating Profit	3 256 000	776 000	−86 000
Financial Income	0	0	0
Financial Costs	107 000	0	0
Financial Balance	−107 000	0	0
Earnings Before Tax	3 149 000	776 000	−86 000
Tax	693 000	122 000	0
Net Income	2 456 000	655 000	−86 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	6 826 000	946 000	192 000
Total Assets	6 826 000	946 000	192 000
Total Retained Equity	3 025 000	569 000	−86 000
Total Equity	3 312 000	856 000	201 000
Total Long-Term Debt	2 448 000	0	0
Total Current Debt	1 066 000	91 000	−9 000
Total Equity and Debt	6 826 000	946 000	192 000

Cash flow (NOK)	2022	2021	2020
Sales Income	16 896 000	5 229 000	1 127 000
Other Income	0	0	0
Revenue	16 896 000	5 229 000	1 127 000
Cost of Goods Sold	12 207 000	3 944 000	1 133 000
Salary Costs	348 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	13 640 000	4 453 000	1 213 000
Operating Profit	3 256 000	776 000	−86 000
Financial Income	0	0	0
Financial Costs	107 000	0	0
Financial Balance	−107 000	0	0
Dividends	0	0	0
Net Income	2 456 000	655 000	−86 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	5 812 000	424 000	0
Total Investments	0	0	0
Cash, Bank	990 000	493 000	192 000
Total Current Assets	6 826 000	946 000	192 000
Total Assets	6 826 000	946 000	192 000
Total Equity	3 312 000	856 000	201 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 448 000	0	0
Creditors	25 000	3 000	0
Unpaid Taxes	110 000	−33 000	−9 000
Dividends	0	0	0
Other Current Debt	238 000	0	0
Total Current Debt	1 066 000	91 000	−9 000
Total Equity and Debt	6 826 000	946 000	192 000

Financial indicators	2022	2021	2020
Return on Equity	74,15 %	76,52 %	−42,79 %
Debt-to-Equity Ratio	0,74	0	0
Operating Profit Margin	19,27 %	14,84 %	−7,63 %
Current Ratio	6,4	10,4	−21,33
Quick Ratio	−1,44	−2,84	−21,33
Equity Ratio	0,49	0,9	1,05
Gross Profit Margin	27,75 %	24,57 %	−0,53 %