NORDENG AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

26,6 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 882 000	1 879 000	1 887 000	1 905 000
Net Income	951 000	895 000	1 106 000	587 000
Total Assets	5 307 000	4 033 000	3 457 000	2 834 000
Total Equity	3 575 000	3 286 000	2 849 000	1 743 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 882 000	1 879 000	1 887 000	1 905 000
Expenditure	695 000	742 000	465 000	1 146 000
Operating Profit	1 186 000	1 136 000	1 422 000	759 000
Financial Income	43 000	13 000	8 000	12 000
Financial Costs	10 000	2 000	12 000	18 000
Financial Balance	33 000	11 000	−4 000	−6 000
Earnings Before Tax	1 219 000	1 147 000	1 418 000	753 000
Tax	268 000	252 000	312 000	166 000
Net Income	951 000	895 000	1 106 000	587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 987 000	1 680 000	1 735 000	1 627 000
Total Current Assets	3 320 000	2 353 000	1 722 000	1 208 000
Total Assets	5 307 000	4 033 000	3 457 000	2 834 000
Total Retained Equity	3 143 000	2 854 000	2 416 000	1 310 000
Total Equity	3 575 000	3 286 000	2 849 000	1 743 000
Total Long-Term Debt	0	0	307 000	315 000
Total Current Debt	1 732 000	747 000	302 000	776 000
Total Equity and Debt	5 307 000	4 033 000	3 457 000	2 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 887 000	1 905 000
Other Income	1 882 000	1 879 000	0	0
Revenue	1 882 000	1 879 000	1 887 000	1 905 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	140 000	124 000	84 000	259 000
Impairment	0	0	0	0
Expenditure	695 000	742 000	465 000	1 146 000
Operating Profit	1 186 000	1 136 000	1 422 000	759 000
Financial Income	43 000	13 000	8 000	12 000
Financial Costs	10 000	2 000	12 000	18 000
Financial Balance	33 000	11 000	−4 000	−6 000
Dividends	0	0	0	0
Net Income	951 000	895 000	1 106 000	587 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	443 000	472 000	498 000	539 000
Real Eastate	1 041 000	1 062 000	1 140 000	1 088 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	503 000	146 000	97 000	0
Total Tangible Assets	1 544 000	1 208 000	1 237 000	1 088 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 987 000	1 680 000	1 735 000	1 627 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 643 000	1 426 000	1 167 000	445 000
Total Current Assets	3 320 000	2 353 000	1 722 000	1 208 000
Total Assets	5 307 000	4 033 000	3 457 000	2 834 000
Total Equity	3 575 000	3 286 000	2 849 000	1 743 000
Short-Term Group Debt	0	0	0	767 000
Total Long-Term Debt	0	0	307 000	315 000
Creditors	220 000	55 000	26 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 459 000	595 000	5 000	5 000
Total Current Debt	1 732 000	747 000	302 000	776 000
Total Equity and Debt	5 307 000	4 033 000	3 457 000	2 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,6 %	27,24 %	38,82 %	33,68 %
Debt-to-Equity Ratio	0	0	0,11	0,18
Operating Profit Margin	63,02 %	60,46 %	75,36 %	39,84 %
Current Ratio	1,92	3,15	5,7	1,56
Quick Ratio	1,92	3,15	5,7	1,56
Equity Ratio	0,67	0,81	0,82	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %