NORDNESGATEN 20 AS

5163 LAKSEVÅG

Finances

Share Ownership

Return on Equity

212,5 %

Current Ratio

0,29

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 974 000	2 899 000	2 839 000	2 782 000
Net Income	1 258 000	1 430 000	1 171 000	983 000
Total Assets	4 426 000	4 311 000	4 217 000	4 216 000
Total Equity	592 000	534 000	204 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 974 000	2 899 000	2 839 000	2 782 000
Expenditure	1 285 000	1 006 000	1 248 000	1 387 000
Operating Profit	1 689 000	1 892 000	1 590 000	1 395 000
Financial Income	0	0	0	0
Financial Costs	76 000	59 000	75 000	95 000
Financial Balance	−76 000	−59 000	−75 000	−95 000
Earnings Before Tax	1 613 000	1 833 000	1 515 000	1 300 000
Tax	355 000	403 000	345 000	316 000
Net Income	1 258 000	1 430 000	1 171 000	983 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 812 000	3 812 000	3 812 000	3 907 000
Total Current Assets	614 000	500 000	405 000	309 000
Total Assets	4 426 000	4 311 000	4 217 000	4 216 000
Total Retained Equity	490 000	432 000	102 000	31 000
Total Equity	592 000	534 000	204 000	133 000
Total Long-Term Debt	1 750 000	1 850 000	2 100 000	2 200 000
Total Current Debt	2 084 000	1 928 000	1 913 000	1 883 000
Total Equity and Debt	4 426 000	4 311 000	4 217 000	4 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 974 000	2 899 000	2 839 000	2 782 000
Other Income	0	0	0	0
Revenue	2 974 000	2 899 000	2 839 000	2 782 000
Cost of Goods Sold	0	0	0	0
Salary Costs	187 000	146 000	265 000	271 000
Depreciation	0	0	95 000	101 000
Impairment	0	0	0	0
Expenditure	1 285 000	1 006 000	1 248 000	1 387 000
Operating Profit	1 689 000	1 892 000	1 590 000	1 395 000
Financial Income	0	0	0	0
Financial Costs	76 000	59 000	75 000	95 000
Financial Balance	−76 000	−59 000	−75 000	−95 000
Dividends	1 200 000	1 100 000	1 100 000	1 050 000
Net Income	1 258 000	1 430 000	1 171 000	983 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 812 000	3 812 000	3 812 000	3 904 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	3 812 000	3 812 000	3 812 000	3 907 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 812 000	3 812 000	3 812 000	3 907 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	261 000	271 000	219 000	95 000
Total Current Assets	614 000	500 000	405 000	309 000
Total Assets	4 426 000	4 311 000	4 217 000	4 216 000
Total Equity	592 000	534 000	204 000	133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 750 000	1 850 000	2 100 000	2 200 000
Creditors	191 000	2 000	44 000	23 000
Unpaid Taxes	29 000	21 000	22 000	65 000
Dividends	1 200 000	1 100 000	1 100 000	1 050 000
Other Current Debt	1 509 000	1 501 000	1 502 000	1 478 000
Total Current Debt	2 084 000	1 928 000	1 913 000	1 883 000
Total Equity and Debt	4 426 000	4 311 000	4 217 000	4 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,5 %	267,79 %	574,02 %	739,1 %
Debt-to-Equity Ratio	2,96	3,46	10,29	16,54
Operating Profit Margin	56,79 %	65,26 %	56,01 %	50,14 %
Current Ratio	0,29	0,26	0,21	0,16
Quick Ratio	0,29	0,26	0,21	0,16
Equity Ratio	0,13	0,12	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %