NORDIC MOTOR AS

9321 MOEN

Finances

Return on Equity

−6,02 %

Current Ratio

5,51

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 898 000	2 786 000	2 789 000
Net Income	−67 000	1 000	62 000	−57 000
Total Assets	1 344 000	1 475 000	1 596 000	1 522 000
Total Equity	1 113 000	1 198 000	1 220 000	1 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 898 000	2 786 000	2 789 000
Expenditure	2 382 000	2 896 000	2 717 000	2 862 000
Operating Profit	−89 000	2 000	69 000	−73 000
Financial Income	5 000	0	1 000	3 000
Financial Costs	1 000	0	2 000	2 000
Financial Balance	4 000	0	−1 000	1 000
Earnings Before Tax	−85 000	1 000	69 000	−72 000
Tax	−19 000	0	7 000	−16 000
Net Income	−67 000	1 000	62 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	204 000	212 000	234 000
Total Current Assets	1 147 000	1 271 000	1 384 000	1 288 000
Total Assets	1 344 000	1 475 000	1 596 000	1 522 000
Total Retained Equity	73 000	158 000	180 000	119 000
Total Equity	1 113 000	1 198 000	1 220 000	1 159 000
Total Long-Term Debt	23 000	23 000	23 000	33 000
Total Current Debt	208 000	254 000	353 000	330 000
Total Equity and Debt	1 344 000	1 475 000	1 596 000	1 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 228 000	2 898 000	2 743 000	2 789 000
Other Income	0	0	43 000	0
Revenue	2 228 000	2 898 000	2 786 000	2 789 000
Cost of Goods Sold	831 000	1 214 000	1 120 000	1 055 000
Salary Costs	1 121 000	1 070 000	1 106 000	1 215 000
Depreciation	7 000	7 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	2 382 000	2 896 000	2 717 000	2 862 000
Operating Profit	−89 000	2 000	69 000	−73 000
Financial Income	5 000	0	1 000	3 000
Financial Costs	1 000	0	2 000	2 000
Financial Balance	4 000	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	−67 000	1 000	62 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	118 000	117 000	117 000	132 000
Real Eastate	77 000	85 000	92 000	100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	77 000	85 000	92 000	100 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	197 000	204 000	212 000	234 000
Stock	332 000	276 000	469 000	621 000
Total Investments	0	0	0	0
Cash, Bank	715 000	458 000	807 000	454 000
Total Current Assets	1 147 000	1 271 000	1 384 000	1 288 000
Total Assets	1 344 000	1 475 000	1 596 000	1 522 000
Total Equity	1 113 000	1 198 000	1 220 000	1 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	23 000	23 000	33 000
Creditors	68 000	74 000	43 000	78 000
Unpaid Taxes	47 000	77 000	105 000	31 000
Dividends	0	0	0	0
Other Current Debt	105 000	103 000	205 000	222 000
Total Current Debt	208 000	254 000	353 000	330 000
Total Equity and Debt	1 344 000	1 475 000	1 596 000	1 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,02 %	0,08 %	5,08 %	−4,92 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,03
Operating Profit Margin	−3,99 %	0,07 %	2,48 %	−2,62 %
Current Ratio	5,51	5	3,92	3,9
Quick Ratio	−9,25	−57,77	−11,93	−4,43
Equity Ratio	0,83	0,81	0,76	0,76
Gross Profit Margin	62,7 %	58,11 %	59,8 %	62,17 %