NORDIC MANAGEMENT AS

9405 HARSTAD

Finances

Return on Equity

99,92 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 162 000	14 352 000	10 622 000	11 742 000
Net Income	17 191 000	−2 477 000	−974 000	1 309 000
Total Assets	54 466 000	12 466 000	11 514 000	10 848 000
Total Equity	17 205 000	10 014 000	9 320 000	9 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 162 000	14 352 000	10 622 000	11 742 000
Expenditure	17 058 000	14 347 000	12 444 000	12 990 000
Operating Profit	2 105 000	6 000	−1 821 000	−1 248 000
Financial Income	22 847 000	1 485 000	2 951 000	3 863 000
Financial Costs	2 353 000	3 659 000	1 867 000	769 000
Financial Balance	20 494 000	−2 174 000	1 084 000	3 094 000
Earnings Before Tax	22 599 000	−2 168 000	−737 000	1 846 000
Tax	5 408 000	309 000	237 000	538 000
Net Income	17 191 000	−2 477 000	−974 000	1 309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 459 000	7 305 000	8 175 000	8 061 000
Total Current Assets	24 006 000	5 161 000	3 339 000	2 787 000
Total Assets	54 466 000	12 466 000	11 514 000	10 848 000
Total Retained Equity	0	0	0	0
Total Equity	17 205 000	10 014 000	9 320 000	9 231 000
Total Long-Term Debt	19 930 000	35 000	11 000	0
Total Current Debt	17 331 000	2 417 000	2 182 000	1 617 000
Total Equity and Debt	54 466 000	12 466 000	11 514 000	10 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 162 000	14 352 000	10 622 000	11 742 000
Other Income	0	0	0	0
Revenue	19 162 000	14 352 000	10 622 000	11 742 000
Cost of Goods Sold	91 000	82 000	0	0
Salary Costs	13 106 000	10 507 000	9 273 000	9 842 000
Depreciation	791 000	602 000	692 000	694 000
Impairment	0	0	0	0
Expenditure	17 058 000	14 347 000	12 444 000	12 990 000
Operating Profit	2 105 000	6 000	−1 821 000	−1 248 000
Financial Income	22 847 000	1 485 000	2 951 000	3 863 000
Financial Costs	2 353 000	3 659 000	1 867 000	769 000
Financial Balance	20 494 000	−2 174 000	1 084 000	3 094 000
Dividends	10 000 000	0	0	0
Net Income	17 191 000	−2 477 000	−974 000	1 309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	0	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 315 000	1 559 000	1 950 000	2 410 000
Total Tangible Assets	2 315 000	1 559 000	1 950 000	2 410 000
Total Fiancial Fixed Assets	28 130 000	5 746 000	6 224 000	5 631 000
Total Fixed Assets	30 459 000	7 305 000	8 175 000	8 061 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 521 000	2 233 000	1 171 000	1 280 000
Total Current Assets	24 006 000	5 161 000	3 339 000	2 787 000
Total Assets	54 466 000	12 466 000	11 514 000	10 848 000
Total Equity	17 205 000	10 014 000	9 320 000	9 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 930 000	35 000	11 000	0
Creditors	155 000	374 000	121 000	203 000
Unpaid Taxes	888 000	1 008 000	729 000	551 000
Dividends	10 000 000	0	0	0
Other Current Debt	1 395 000	1 035 000	1 332 000	863 000
Total Current Debt	17 331 000	2 417 000	2 182 000	1 617 000
Total Equity and Debt	54 466 000	12 466 000	11 514 000	10 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,92 %	−24,74 %	−10,45 %	14,18 %
Debt-to-Equity Ratio	1,16	0	0	0
Operating Profit Margin	10,99 %	0,04 %	−17,14 %	−10,63 %
Current Ratio	1,39	2,14	1,53	1,72
Quick Ratio	1,39	2,14	1,53	1,72
Equity Ratio	0,32	0,8	0,81	0,85
Gross Profit Margin	99,53 %	99,43 %	100 %	100 %