NORTH INDUSTRI AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

29,63 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020
Revenue	13 559 000	15 467 000	7 718 000
Net Income	985 000	1 308 000	407 000
Total Assets	8 665 000	8 434 000	6 547 000
Total Equity	3 324 000	3 234 000	2 185 000

Income (NOK)	2022	2021	2020
Revenue	13 559 000	15 467 000	7 718 000
Expenditure	12 256 000	13 783 000	7 110 000
Operating Profit	1 303 000	1 684 000	608 000
Financial Income	142 000	150 000	2 000
Financial Costs	181 000	146 000	88 000
Financial Balance	−39 000	4 000	−86 000
Earnings Before Tax	1 265 000	1 688 000	522 000
Tax	280 000	380 000	115 000
Net Income	985 000	1 308 000	407 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 762 000	2 751 000	2 857 000
Total Current Assets	5 903 000	5 682 000	3 690 000
Total Assets	8 665 000	8 434 000	6 547 000
Total Retained Equity	1 187 000	1 097 000	47 000
Total Equity	3 324 000	3 234 000	2 185 000
Total Long-Term Debt	2 619 000	2 432 000	2 520 000
Total Current Debt	2 722 000	2 768 000	1 842 000
Total Equity and Debt	8 665 000	8 434 000	6 547 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 517 000	15 467 000	7 718 000
Other Income	43 000	0	0
Revenue	13 559 000	15 467 000	7 718 000
Cost of Goods Sold	8 683 000	9 950 000	4 887 000
Salary Costs	1 701 000	1 962 000	859 000
Depreciation	149 000	113 000	28 000
Impairment	0	0	0
Expenditure	12 256 000	13 783 000	7 110 000
Operating Profit	1 303 000	1 684 000	608 000
Financial Income	142 000	150 000	2 000
Financial Costs	181 000	146 000	88 000
Financial Balance	−39 000	4 000	−86 000
Dividends	0	0	0
Net Income	985 000	1 308 000	407 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	82 000	128 000	50 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	524 000	274 000	258 000
Total Tangible Assets	524 000	274 000	258 000
Total Fiancial Fixed Assets	2 157 000	2 349 000	2 549 000
Total Fixed Assets	2 762 000	2 751 000	2 857 000
Stock	4 741 000	4 389 000	3 327 000
Total Investments	0	0	0
Cash, Bank	505 000	300 000	−108 000
Total Current Assets	5 903 000	5 682 000	3 690 000
Total Assets	8 665 000	8 434 000	6 547 000
Total Equity	3 324 000	3 234 000	2 185 000
Short-Term Group Debt	1 147 000	332 000	449 000
Total Long-Term Debt	2 619 000	2 432 000	2 520 000
Creditors	909 000	723 000	784 000
Unpaid Taxes	180 000	551 000	255 000
Dividends	0	0	0
Other Current Debt	486 000	854 000	241 000
Total Current Debt	2 722 000	2 768 000	1 842 000
Total Equity and Debt	8 665 000	8 434 000	6 547 000

Financial indicators	2022	2021	2020
Return on Equity	29,63 %	40,45 %	18,63 %
Debt-to-Equity Ratio	0,79	0,75	1,15
Operating Profit Margin	9,61 %	10,89 %	7,88 %
Current Ratio	2,17	2,05	2
Quick Ratio	−2,92	−3,51	−2,48
Equity Ratio	0,38	0,38	0,33
Gross Profit Margin	35,96 %	35,67 %	36,68 %