NORDENSVEI BORETTSLAG

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

18,78 %

Current Ratio

7,03

Debt-to-Equity Ratio

5,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 217 000	3 888 000	3 806 000	3 806 000
Net Income	778 000	615 000	775 000	320 000
Total Assets	29 602 000	14 419 000	14 088 000	13 780 000
Total Equity	4 142 000	1 294 000	678 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 217 000	3 888 000	3 806 000	3 806 000
Expenditure	3 218 000	3 115 000	2 827 000	3 212 000
Operating Profit	999 000	772 000	979 000	594 000
Financial Income	31 000	22 000	24 000	27 000
Financial Costs	252 000	180 000	228 000	301 000
Financial Balance	−221 000	−158 000	−204 000	−274 000
Earnings Before Tax	778 000	615 000	775 000	320 000
Tax	0	0	0	0
Net Income	778 000	615 000	775 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 541 000	10 771 000	10 771 000	10 771 000
Total Current Assets	8 061 000	3 648 000	3 317 000	3 009 000
Total Assets	29 602 000	14 419 000	14 088 000	13 780 000
Total Retained Equity	4 126 000	1 285 000	670 000	105 000
Total Equity	4 142 000	1 294 000	678 000	−97 000
Total Long-Term Debt	24 312 000	12 644 000	13 152 000	13 630 000
Total Current Debt	1 147 000	482 000	258 000	247 000
Total Equity and Debt	29 602 000	14 419 000	14 088 000	13 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 205 000	0	0	0
Other Income	12 000	3 888 000	3 806 000	3 806 000
Revenue	4 217 000	3 888 000	3 806 000	3 806 000
Cost of Goods Sold	0	0	0	0
Salary Costs	342 000	342 000	342 000	297 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 218 000	3 115 000	2 827 000	3 212 000
Operating Profit	999 000	772 000	979 000	594 000
Financial Income	31 000	22 000	24 000	27 000
Financial Costs	252 000	180 000	228 000	301 000
Financial Balance	−221 000	−158 000	−204 000	−274 000
Dividends	0	0	0	0
Net Income	778 000	615 000	775 000	320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 541 000	10 771 000	10 771 000	10 771 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 541 000	10 771 000	10 771 000	10 771 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 541 000	10 771 000	10 771 000	10 771 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 140 000	3 292 000	3 014 000	2 753 000
Total Current Assets	8 061 000	3 648 000	3 317 000	3 009 000
Total Assets	29 602 000	14 419 000	14 088 000	13 780 000
Total Equity	4 142 000	1 294 000	678 000	−97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 312 000	12 644 000	13 152 000	13 630 000
Creditors	1 102 000	422 000	237 000	208 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	46 000	60 000	21 000	33 000
Total Current Debt	1 147 000	482 000	258 000	247 000
Total Equity and Debt	29 602 000	14 419 000	14 088 000	13 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,78 %	47,53 %	114,31 %	−329,9 %
Debt-to-Equity Ratio	5,87	9,77	19,4	−140,52
Operating Profit Margin	23,69 %	19,86 %	25,72 %	15,61 %
Current Ratio	7,03	7,57	12,86	12,18
Quick Ratio	7,03	7,57	12,86	12,18
Equity Ratio	0,14	0,09	0,05	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %