NORDIC CRANE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

11,59 %

Current Ratio

1,47

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	518 320 000	419 319 000	370 950 000	391 019 000
Net Income	18 899 000	18 063 000	6 759 000	5 167 000
Total Assets	648 688 000	485 694 000	418 581 000	383 911 000
Total Equity	163 088 000	84 189 000	66 125 000	65 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	518 320 000	419 319 000	370 950 000	391 019 000
Expenditure	483 772 000	390 987 000	355 708 000	379 439 000
Operating Profit	34 548 000	28 332 000	15 243 000	11 581 000
Financial Income	1 426 000	2 364 000	2 975 000	1 792 000
Financial Costs	11 667 000	8 094 000	9 718 000	6 654 000
Financial Balance	−10 241 000	−5 730 000	−6 743 000	−4 862 000
Earnings Before Tax	24 307 000	22 602 000	8 500 000	6 720 000
Tax	5 408 000	4 539 000	1 741 000	1 553 000
Net Income	18 899 000	18 063 000	6 759 000	5 167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 425 000	413 370 000	340 006 000	305 336 000
Total Current Assets	170 262 000	72 324 000	78 575 000	78 575 000
Total Assets	648 688 000	485 694 000	418 581 000	383 911 000
Total Retained Equity	92 926 000	74 027 000	55 963 000	55 560 000
Total Equity	163 088 000	84 189 000	66 125 000	65 722 000
Total Long-Term Debt	369 744 000	333 864 000	291 159 000	231 885 000
Total Current Debt	115 856 000	67 641 000	61 297 000	86 305 000
Total Equity and Debt	648 688 000	485 694 000	418 581 000	383 911 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	508 816 000	407 076 000	339 425 000	380 105 000
Other Income	9 504 000	12 243 000	31 526 000	10 915 000
Revenue	518 320 000	419 319 000	370 950 000	391 019 000
Cost of Goods Sold	77 293 000	64 273 000	36 726 000	59 210 000
Salary Costs	192 650 000	163 108 000	155 895 000	162 782 000
Depreciation	58 527 000	49 469 000	52 794 000	46 580 000
Impairment	0	0	0	0
Expenditure	483 772 000	390 987 000	355 708 000	379 439 000
Operating Profit	34 548 000	28 332 000	15 243 000	11 581 000
Financial Income	1 426 000	2 364 000	2 975 000	1 792 000
Financial Costs	11 667 000	8 094 000	9 718 000	6 654 000
Financial Balance	−10 241 000	−5 730 000	−6 743 000	−4 862 000
Dividends	0	0	0	0
Net Income	18 899 000	18 063 000	6 759 000	5 167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 039 000	3 868 000	3 705 000	3 695 000
Machinery and Plant Facilities	470 581 000	406 221 000	332 180 000	286 541 000
Fixtures	3 724 000	3 038 000	3 506 000	3 455 000
Total Tangible Assets	478 343 000	413 126 000	339 390 000	293 691 000
Total Fiancial Fixed Assets	82 000	244 000	616 000	11 646 000
Total Fixed Assets	478 425 000	413 370 000	340 006 000	305 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	369 000	679 000	393 000	34 000
Total Current Assets	170 262 000	72 324 000	78 575 000	78 575 000
Total Assets	648 688 000	485 694 000	418 581 000	383 911 000
Total Equity	163 088 000	84 189 000	66 125 000	65 722 000
Short-Term Group Debt	32 848 000	550 000	739 000	0
Total Long-Term Debt	369 744 000	333 864 000	291 159 000	231 885 000
Creditors	36 526 000	25 913 000	22 039 000	47 855 000
Unpaid Taxes	21 069 000	18 214 000	16 772 000	16 146 000
Dividends	0	0	0	0
Other Current Debt	25 413 000	22 964 000	21 748 000	22 304 000
Total Current Debt	115 856 000	67 641 000	61 297 000	86 305 000
Total Equity and Debt	648 688 000	485 694 000	418 581 000	383 911 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,59 %	21,46 %	10,22 %	7,86 %
Debt-to-Equity Ratio	2,27	3,97	4,4	3,53
Operating Profit Margin	6,67 %	6,76 %	4,11 %	2,96 %
Current Ratio	1,47	1,07	1,28	0,91
Quick Ratio	1,47	1,07	1,28	0,91
Equity Ratio	0,25	0,17	0,16	0,17
Gross Profit Margin	85,09 %	84,67 %	90,1 %	84,86 %