NORDLO VENNESLA AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

13,27 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 510 000	43 231 000	38 454 000	39 720 000
Net Income	2 528 000	3 396 000	2 825 000	3 281 000
Total Assets	27 037 000	24 708 000	20 245 000	20 212 000
Total Equity	19 050 000	16 522 000	13 127 000	10 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 510 000	43 231 000	38 454 000	39 720 000
Expenditure	42 612 000	38 878 000	34 819 000	33 559 000
Operating Profit	2 897 000	4 353 000	3 633 000	6 161 000
Financial Income	371 000	9 000	22 000	49 000
Financial Costs	16 000	7 000	146 000	1 680 000
Financial Balance	355 000	2 000	−124 000	−1 631 000
Earnings Before Tax	3 252 000	4 355 000	3 510 000	4 530 000
Tax	724 000	960 000	685 000	1 249 000
Net Income	2 528 000	3 396 000	2 825 000	3 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 239 000	7 586 000	7 757 000	8 159 000
Total Current Assets	20 799 000	17 122 000	12 488 000	12 053 000
Total Assets	27 037 000	24 708 000	20 245 000	20 212 000
Total Retained Equity	18 850 000	16 322 000	12 927 000	10 102 000
Total Equity	19 050 000	16 522 000	13 127 000	10 302 000
Total Long-Term Debt	0	128 000	2 004 000	3 872 000
Total Current Debt	7 987 000	8 058 000	5 115 000	6 037 000
Total Equity and Debt	27 037 000	24 708 000	20 245 000	20 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 510 000	43 231 000	38 321 000	39 720 000
Other Income	0	0	133 000	0
Revenue	45 510 000	43 231 000	38 454 000	39 720 000
Cost of Goods Sold	17 320 000	17 340 000	14 081 000	13 635 000
Salary Costs	16 363 000	13 810 000	13 247 000	13 852 000
Depreciation	2 292 000	1 955 000	1 531 000	1 254 000
Impairment	0	0	0	0
Expenditure	42 612 000	38 878 000	34 819 000	33 559 000
Operating Profit	2 897 000	4 353 000	3 633 000	6 161 000
Financial Income	371 000	9 000	22 000	49 000
Financial Costs	16 000	7 000	146 000	1 680 000
Financial Balance	355 000	2 000	−124 000	−1 631 000
Dividends	0	0	0	0
Net Income	2 528 000	3 396 000	2 825 000	3 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	365 000	432 000	539 000	647 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 071 000	3 494 000	3 395 000	3 839 000
Fixtures	2 802 000	3 655 000	3 793 000	3 565 000
Total Tangible Assets	5 873 000	7 149 000	7 188 000	7 404 000
Total Fiancial Fixed Assets	0	5 000	29 000	107 000
Total Fixed Assets	6 239 000	7 586 000	7 757 000	8 159 000
Stock	255 000	371 000	743 000	800 000
Total Investments	0	0	0	0
Cash, Bank	17 257 000	10 194 000	8 747 000	5 082 000
Total Current Assets	20 799 000	17 122 000	12 488 000	12 053 000
Total Assets	27 037 000	24 708 000	20 245 000	20 212 000
Total Equity	19 050 000	16 522 000	13 127 000	10 302 000
Short-Term Group Debt	0	98 000	64 000	0
Total Long-Term Debt	0	128 000	2 004 000	3 872 000
Creditors	2 472 000	2 753 000	1 275 000	1 897 000
Unpaid Taxes	2 075 000	2 270 000	2 050 000	1 958 000
Dividends	0	0	0	0
Other Current Debt	2 455 000	1 847 000	1 461 000	1 201 000
Total Current Debt	7 987 000	8 058 000	5 115 000	6 037 000
Total Equity and Debt	27 037 000	24 708 000	20 245 000	20 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,27 %	20,55 %	21,52 %	31,85 %
Debt-to-Equity Ratio	0	0,01	0,15	0,38
Operating Profit Margin	6,37 %	10,07 %	9,45 %	15,51 %
Current Ratio	2,6	2,12	2,44	2
Quick Ratio	2,69	2,23	2,86	2,3
Equity Ratio	0,7	0,67	0,65	0,51
Gross Profit Margin	61,94 %	59,89 %	63,38 %	65,67 %