NORDBAKKEN EIENDOM AS

8370 LEKNES

Finances

Return on Equity

6,48 %

Current Ratio

5,49

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 139 000	2 185 000	5 251 000	3 023 000
Net Income	505 000	1 476 000	3 250 000	1 499 000
Total Assets	22 153 000	21 298 000	20 290 000	15 785 000
Total Equity	7 798 000	8 622 000	7 846 000	7 572 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 139 000	2 185 000	5 251 000	3 023 000
Expenditure	873 000	795 000	1 213 000	1 640 000
Operating Profit	266 000	1 390 000	4 039 000	1 383 000
Financial Income	793 000	778 000	213 000	622 000
Financial Costs	410 000	276 000	100 000	299 000
Financial Balance	383 000	502 000	113 000	323 000
Earnings Before Tax	649 000	1 892 000	4 152 000	1 706 000
Tax	143 000	416 000	901 000	207 000
Net Income	505 000	1 476 000	3 250 000	1 499 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	9 570 000	9 851 000	9 171 000	9 489 000
Total Current Assets	12 583 000	11 447 000	11 119 000	6 296 000
Total Assets	22 153 000	21 298 000	20 290 000	15 785 000
Total Retained Equity	7 648 000	8 472 000	7 696 000	7 422 000
Total Equity	7 798 000	8 622 000	7 846 000	7 572 000
Total Long-Term Debt	12 064 000	7 771 000	7 850 000	7 546 000
Total Current Debt	2 291 000	4 905 000	4 594 000	668 000
Total Equity and Debt	22 153 000	21 298 000	20 290 000	15 785 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 139 000	986 000	5 251 000	3 007 000
Other Income	0	1 199 000	0	16 000
Revenue	1 139 000	2 185 000	5 251 000	3 023 000
Cost of Goods Sold	137 000	2 000	540 000	1 145 000
Salary Costs	0	0	0	0
Depreciation	281 000	274 000	340 000	284 000
Impairment	0	0	0	0
Expenditure	873 000	795 000	1 213 000	1 640 000
Operating Profit	266 000	1 390 000	4 039 000	1 383 000
Financial Income	793 000	778 000	213 000	622 000
Financial Costs	410 000	276 000	100 000	299 000
Financial Balance	383 000	502 000	113 000	323 000
Dividends	0	0	0	0
Net Income	505 000	1 476 000	3 250 000	1 499 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 000 000	9 000 000	7 900 000	7 900 000
Machinery and Plant Facilities	38 000	48 000	0	2 000
Fixtures	483 000	754 000	1 221 000	1 559 000
Total Tangible Assets	9 520 000	9 801 000	9 121 000	9 461 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	28 000
Total Fixed Assets	9 570 000	9 851 000	9 171 000	9 489 000
Stock	4 600 000	0	0	500 000
Total Investments	0	0	0	0
Cash, Bank	127 000	156 000	3 000	5 000
Total Current Assets	12 583 000	11 447 000	11 119 000	6 296 000
Total Assets	22 153 000	21 298 000	20 290 000	15 785 000
Total Equity	7 798 000	8 622 000	7 846 000	7 572 000
Short-Term Group Debt	1 637 000	4 460 000	4 138 000	0
Total Long-Term Debt	12 064 000	7 771 000	7 850 000	7 546 000
Creditors	529 000	378 000	288 000	316 000
Unpaid Taxes	66 000	31 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	59 000	35 000	132 000	100 000
Total Current Debt	2 291 000	4 905 000	4 594 000	668 000
Total Equity and Debt	22 153 000	21 298 000	20 290 000	15 785 000

Financial indicators	2021	2020	2019	2018
Return on Equity	6,48 %	17,12 %	41,42 %	19,8 %
Debt-to-Equity Ratio	1,55	0,9	1	1
Operating Profit Margin	23,35 %	63,62 %	76,92 %	45,75 %
Current Ratio	5,49	2,33	2,42	9,43
Quick Ratio	−5,45	2,33	2,42	37,48
Equity Ratio	0,35	0,4	0,39	0,48
Gross Profit Margin	87,97 %	99,91 %	89,72 %	62,12 %