NENSETH VERKSTED AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

12,38 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 695 000	7 063 000	6 900 000	7 221 000
Net Income	106 000	229 000	333 000	−218 000
Total Assets	1 962 000	2 501 000	2 522 000	2 054 000
Total Equity	856 000	749 000	1 120 000	1 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 695 000	7 063 000	6 900 000	7 221 000
Expenditure	6 555 000	6 766 000	6 470 000	7 499 000
Operating Profit	141 000	297 000	430 000	−277 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	2 000	3 000	2 000
Financial Balance	−1 000	−2 000	−3 000	−1 000
Earnings Before Tax	140 000	295 000	428 000	−278 000
Tax	33 000	66 000	95 000	−60 000
Net Income	106 000	229 000	333 000	−218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	633 000	488 000	304 000
Total Current Assets	1 519 000	1 868 000	2 034 000	1 751 000
Total Assets	1 962 000	2 501 000	2 522 000	2 054 000
Total Retained Equity	756 000	649 000	1 020 000	1 020 000
Total Equity	856 000	749 000	1 120 000	1 120 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 106 000	1 751 000	1 401 000	935 000
Total Equity and Debt	1 962 000	2 501 000	2 522 000	2 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 118 000	6 492 000	6 416 000	6 679 000
Other Income	577 000	571 000	485 000	542 000
Revenue	6 695 000	7 063 000	6 900 000	7 221 000
Cost of Goods Sold	2 877 000	3 099 000	3 304 000	3 466 000
Salary Costs	1 772 000	1 709 000	1 637 000	2 141 000
Depreciation	157 000	136 000	31 000	43 000
Impairment	0	0	0	0
Expenditure	6 555 000	6 766 000	6 470 000	7 499 000
Operating Profit	141 000	297 000	430 000	−277 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	2 000	3 000	2 000
Financial Balance	−1 000	−2 000	−3 000	−1 000
Dividends	0	600 000	332 000	0
Net Income	106 000	229 000	333 000	−218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	98 000	164 000	259 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	378 000	535 000	324 000	44 000
Total Tangible Assets	378 000	535 000	324 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	443 000	633 000	488 000	304 000
Stock	434 000	473 000	436 000	452 000
Total Investments	0	0	0	0
Cash, Bank	951 000	1 262 000	1 473 000	1 175 000
Total Current Assets	1 519 000	1 868 000	2 034 000	1 751 000
Total Assets	1 962 000	2 501 000	2 522 000	2 054 000
Total Equity	856 000	749 000	1 120 000	1 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	346 000	529 000	371 000
Unpaid Taxes	168 000	167 000	94 000	160 000
Dividends	0	600 000	332 000	0
Other Current Debt	615 000	638 000	446 000	403 000
Total Current Debt	1 106 000	1 751 000	1 401 000	935 000
Total Equity and Debt	1 962 000	2 501 000	2 522 000	2 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	30,57 %	29,73 %	−19,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,11 %	4,21 %	6,23 %	−3,84 %
Current Ratio	1,37	1,07	1,45	1,87
Quick Ratio	2,26	1,46	2,11	3,63
Equity Ratio	0,44	0,3	0,44	0,55
Gross Profit Margin	57,03 %	56,12 %	52,12 %	52 %