NORDKANTEN AS

0495 OSLO

Finances

Share Ownership

Return on Equity

10,76 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 188 000	2 127 000	2 028 000	1 959 000
Net Income	539 000	703 000	439 000	315 000
Total Assets	10 443 000	10 489 000	10 396 000	10 543 000
Total Equity	5 010 000	4 722 000	4 269 000	4 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 188 000	2 127 000	2 028 000	1 959 000
Expenditure	1 429 000	1 182 000	1 369 000	1 439 000
Operating Profit	759 000	945 000	659 000	520 000
Financial Income	11 000	11 000	12 000	12 000
Financial Costs	79 000	55 000	108 000	128 000
Financial Balance	−68 000	−44 000	−96 000	−116 000
Earnings Before Tax	691 000	901 000	563 000	404 000
Tax	152 000	198 000	124 000	89 000
Net Income	539 000	703 000	439 000	315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 443 000	9 680 000	9 874 000	10 052 000
Total Current Assets	1 001 000	809 000	522 000	492 000
Total Assets	10 443 000	10 489 000	10 396 000	10 543 000
Total Retained Equity	4 732 000	4 443 000	3 990 000	3 761 000
Total Equity	5 010 000	4 722 000	4 269 000	4 040 000
Total Long-Term Debt	4 685 000	5 065 000	5 496 000	5 955 000
Total Current Debt	748 000	703 000	631 000	548 000
Total Equity and Debt	10 443 000	10 489 000	10 396 000	10 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 188 000	2 127 000	2 028 000	1 959 000
Revenue	2 188 000	2 127 000	2 028 000	1 959 000
Cost of Goods Sold	0	0	0	0
Salary Costs	97 000	152 000	113 000	82 000
Depreciation	258 000	258 000	264 000	264 000
Impairment	0	0	0	0
Expenditure	1 429 000	1 182 000	1 369 000	1 439 000
Operating Profit	759 000	945 000	659 000	520 000
Financial Income	11 000	11 000	12 000	12 000
Financial Costs	79 000	55 000	108 000	128 000
Financial Balance	−68 000	−44 000	−96 000	−116 000
Dividends	250 000	250 000	210 000	150 000
Net Income	539 000	703 000	439 000	315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	909 000	888 000	823 000	737 000
Real Eastate	8 534 000	8 792 000	9 051 000	9 308 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	8 534 000	8 792 000	9 051 000	9 314 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 443 000	9 680 000	9 874 000	10 052 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	885 000	640 000	408 000	390 000
Total Current Assets	1 001 000	809 000	522 000	492 000
Total Assets	10 443 000	10 489 000	10 396 000	10 543 000
Total Equity	5 010 000	4 722 000	4 269 000	4 040 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 685 000	5 065 000	5 496 000	5 955 000
Creditors	141 000	1 000	0	98 000
Unpaid Taxes	29 000	5 000	14 000	6 000
Dividends	250 000	250 000	210 000	150 000
Other Current Debt	156 000	184 000	197 000	154 000
Total Current Debt	748 000	703 000	631 000	548 000
Total Equity and Debt	10 443 000	10 489 000	10 396 000	10 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,76 %	14,89 %	10,28 %	7,8 %
Debt-to-Equity Ratio	0,94	1,07	1,29	1,47
Operating Profit Margin	34,69 %	44,43 %	32,5 %	26,54 %
Current Ratio	1,34	1,15	0,83	0,9
Quick Ratio	1,34	1,15	0,83	0,9
Equity Ratio	0,48	0,45	0,41	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %