NORDISK AVIATION PRODUCTS AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

24,06 %

Current Ratio

2,74

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	511 215 000	356 747 000	313 722 000	405 452 000
Net Income	67 995 000	27 086 000	25 306 000	58 572 000
Total Assets	446 298 000	319 531 000	303 969 000	297 338 000
Total Equity	282 631 000	214 636 000	221 974 000	196 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	511 215 000	356 747 000	313 722 000	405 452 000
Expenditure	449 052 000	310 973 000	285 011 000	337 661 000
Operating Profit	62 162 000	45 775 000	28 710 000	67 791 000
Financial Income	24 822 000	0	6 428 000	8 270 000
Financial Costs	111 000	11 204 000	2 968 000	1 145 000
Financial Balance	24 711 000	−11 204 000	3 460 000	7 125 000
Earnings Before Tax	86 873 000	34 572 000	32 170 000	74 915 000
Tax	18 878 000	7 486 000	6 863 000	16 343 000
Net Income	67 995 000	27 086 000	25 306 000	58 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 360 000	29 055 000	31 646 000	33 319 000
Total Current Assets	415 938 000	290 476 000	272 323 000	264 019 000
Total Assets	446 298 000	319 531 000	303 969 000	297 338 000
Total Retained Equity	244 817 000	176 822 000	184 160 000	158 854 000
Total Equity	282 631 000	214 636 000	221 974 000	196 668 000
Total Long-Term Debt	11 602 000	11 211 000	11 265 000	12 887 000
Total Current Debt	152 065 000	93 684 000	70 731 000	87 784 000
Total Equity and Debt	446 298 000	319 531 000	303 969 000	297 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	511 215 000	356 747 000	313 722 000	405 452 000
Other Income	0	0	0	0
Revenue	511 215 000	356 747 000	313 722 000	405 452 000
Cost of Goods Sold	326 790 000	207 501 000	169 440 000	216 797 000
Salary Costs	64 635 000	62 844 000	61 710 000	72 898 000
Depreciation	5 839 000	6 735 000	6 423 000	5 822 000
Impairment	0	0	0	0
Expenditure	449 052 000	310 973 000	285 011 000	337 661 000
Operating Profit	62 162 000	45 775 000	28 710 000	67 791 000
Financial Income	24 822 000	0	6 428 000	8 270 000
Financial Costs	111 000	11 204 000	2 968 000	1 145 000
Financial Balance	24 711 000	−11 204 000	3 460 000	7 125 000
Dividends	0	34 424 000	0	0
Net Income	67 995 000	27 086 000	25 306 000	58 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 853 000	6 285 000	9 655 000	12 408 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 770 000	19 019 000	18 239 000	17 130 000
Fixtures	0	0	0	0
Total Tangible Assets	21 770 000	19 019 000	18 239 000	17 130 000
Total Fiancial Fixed Assets	3 737 000	3 752 000	3 752 000	3 782 000
Total Fixed Assets	30 360 000	29 055 000	31 646 000	33 319 000
Stock	148 271 000	99 390 000	90 114 000	92 902 000
Total Investments	0	0	0	0
Cash, Bank	75 032 000	79 035 000	59 635 000	38 546 000
Total Current Assets	415 938 000	290 476 000	272 323 000	264 019 000
Total Assets	446 298 000	319 531 000	303 969 000	297 338 000
Total Equity	282 631 000	214 636 000	221 974 000	196 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 602 000	11 211 000	11 265 000	12 887 000
Creditors	98 045 000	52 698 000	36 497 000	43 506 000
Unpaid Taxes	4 472 000	2 488 000	4 038 000	2 892 000
Dividends	0	34 424 000	0	0
Other Current Debt	31 675 000	33 146 000	24 813 000	26 668 000
Total Current Debt	152 065 000	93 684 000	70 731 000	87 784 000
Total Equity and Debt	446 298 000	319 531 000	303 969 000	297 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,06 %	12,62 %	11,4 %	29,78 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,07
Operating Profit Margin	12,16 %	12,83 %	9,15 %	16,72 %
Current Ratio	2,74	3,1	3,85	3,01
Quick Ratio	109,63	−50,91	−14,05	−51,59
Equity Ratio	0,63	0,67	0,73	0,66
Gross Profit Margin	36,08 %	41,84 %	45,99 %	46,53 %