K. NORDANG AS

6200 STRANDA

Finances

Return on Equity

13,31 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	742 032 000	511 656 000	502 516 000	426 528 000
Net Income	12 989 000	5 030 000	−2 195 000	5 620 000
Total Assets	309 283 000	253 499 000	241 686 000	176 243 000
Total Equity	97 574 000	87 098 000	91 844 000	56 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	742 032 000	511 656 000	502 516 000	426 528 000
Expenditure	728 507 000	507 109 000	506 431 000	420 779 000
Operating Profit	13 524 000	4 547 000	−3 914 000	5 749 000
Financial Income	3 931 000	2 768 000	1 973 000	2 105 000
Financial Costs	760 000	830 000	831 000	618 000
Financial Balance	3 171 000	1 938 000	1 142 000	1 487 000
Earnings Before Tax	16 696 000	6 485 000	−2 772 000	7 236 000
Tax	3 707 000	1 455 000	−578 000	1 616 000
Net Income	12 989 000	5 030 000	−2 195 000	5 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 239 000	19 507 000	23 497 000	74 920 000
Total Current Assets	285 044 000	233 992 000	218 189 000	101 323 000
Total Assets	309 283 000	253 499 000	241 686 000	176 243 000
Total Retained Equity	53 025 000	42 550 000	47 295 000	49 490 000
Total Equity	97 574 000	87 098 000	91 844 000	56 543 000
Total Long-Term Debt	32 189 000	23 663 000	27 016 000	18 695 000
Total Current Debt	179 520 000	142 737 000	122 826 000	101 004 000
Total Equity and Debt	309 283 000	253 499 000	241 686 000	176 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	721 516 000	504 539 000	493 534 000	425 169 000
Other Income	20 515 000	7 117 000	8 983 000	1 359 000
Revenue	742 032 000	511 656 000	502 516 000	426 528 000
Cost of Goods Sold	581 750 000	372 668 000	380 509 000	305 107 000
Salary Costs	113 691 000	94 853 000	89 954 000	86 698 000
Depreciation	8 354 000	7 301 000	6 575 000	5 793 000
Impairment	0	0	0	0
Expenditure	728 507 000	507 109 000	506 431 000	420 779 000
Operating Profit	13 524 000	4 547 000	−3 914 000	5 749 000
Financial Income	3 931 000	2 768 000	1 973 000	2 105 000
Financial Costs	760 000	830 000	831 000	618 000
Financial Balance	3 171 000	1 938 000	1 142 000	1 487 000
Dividends	0	0	0	0
Net Income	12 989 000	5 030 000	−2 195 000	5 620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	30 000	69 000	109 000	0
Total Intangible Assets	30 000	69 000	109 000	2 822 000
Real Eastate	541 000	744 000	703 000	315 000
Machinery and Plant Facilities	21 696 000	14 429 000	19 562 000	19 615 000
Fixtures	1 344 000	3 636 000	2 494 000	1 539 000
Total Tangible Assets	23 580 000	18 809 000	22 759 000	21 469 000
Total Fiancial Fixed Assets	629 000	629 000	629 000	50 629 000
Total Fixed Assets	24 239 000	19 507 000	23 497 000	74 920 000
Stock	400 000	670 000	4 140 000	986 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	285 044 000	233 992 000	218 189 000	101 323 000
Total Assets	309 283 000	253 499 000	241 686 000	176 243 000
Total Equity	97 574 000	87 098 000	91 844 000	56 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 189 000	23 663 000	27 016 000	18 695 000
Creditors	73 600 000	63 414 000	41 022 000	33 878 000
Unpaid Taxes	11 840 000	10 944 000	6 314 000	7 971 000
Dividends	0	0	0	0
Other Current Debt	88 883 000	64 322 000	70 373 000	54 636 000
Total Current Debt	179 520 000	142 737 000	122 826 000	101 004 000
Total Equity and Debt	309 283 000	253 499 000	241 686 000	176 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,31 %	5,78 %	−2,39 %	9,94 %
Debt-to-Equity Ratio	0,33	0,27	0,29	0,33
Operating Profit Margin	1,82 %	0,89 %	−0,78 %	1,35 %
Current Ratio	1,59	1,64	1,78	1
Quick Ratio	1,59	1,65	1,84	1,01
Equity Ratio	0,32	0,34	0,38	0,32
Gross Profit Margin	21,6 %	27,16 %	24,28 %	28,47 %