NORDRØN BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

−26,03 %

Current Ratio

2,48

Debt-to-Equity Ratio

−7,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 802 000	2 654 000	2 669 000	2 817 000
Net Income	494 000	369 000	608 000	593 000
Total Assets	13 121 000	13 099 000	13 080 000	12 843 000
Total Equity	−1 898 000	−2 391 000	−2 761 000	−3 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 802 000	2 654 000	2 669 000	2 817 000
Expenditure	1 961 000	2 043 000	1 784 000	1 867 000
Operating Profit	841 000	610 000	885 000	950 000
Financial Income	3 000	1 000	5 000	5 000
Financial Costs	350 000	242 000	281 000	362 000
Financial Balance	−347 000	−241 000	−276 000	−357 000
Earnings Before Tax	494 000	369 000	608 000	593 000
Tax	0	0	0	0
Net Income	494 000	369 000	608 000	593 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 806 000	12 631 000	12 359 000	12 171 000
Total Current Assets	315 000	467 000	721 000	672 000
Total Assets	13 121 000	13 099 000	13 080 000	12 843 000
Total Retained Equity	−1 898 000	−2 391 000	−2 761 000	−3 369 000
Total Equity	−1 898 000	−2 391 000	−2 761 000	−3 369 000
Total Long-Term Debt	13 924 000	14 491 000	15 081 000	15 653 000
Total Current Debt	127 000	232 000	66 000	53 000
Total Equity and Debt	13 121 000	13 099 000	13 080 000	12 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 802 000	2 654 000	2 669 000	2 817 000
Revenue	2 802 000	2 654 000	2 669 000	2 817 000
Cost of Goods Sold	0	0	0	0
Salary Costs	95 000	82 000	81 000	102 000
Depreciation	26 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	1 961 000	2 043 000	1 784 000	1 867 000
Operating Profit	841 000	610 000	885 000	950 000
Financial Income	3 000	1 000	5 000	5 000
Financial Costs	350 000	242 000	281 000	362 000
Financial Balance	−347 000	−241 000	−276 000	−357 000
Dividends	0	0	0	0
Net Income	494 000	369 000	608 000	593 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 735 000	11 735 000	11 735 000	11 735 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	174 000	199 000	0	0
Total Tangible Assets	11 908 000	11 934 000	11 735 000	11 735 000
Total Fiancial Fixed Assets	898 000	697 000	624 000	436 000
Total Fixed Assets	12 806 000	12 631 000	12 359 000	12 171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	238 000	402 000	634 000	634 000
Total Current Assets	315 000	467 000	721 000	672 000
Total Assets	13 121 000	13 099 000	13 080 000	12 843 000
Total Equity	−1 898 000	−2 391 000	−2 761 000	−3 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 924 000	14 491 000	15 081 000	15 653 000
Creditors	50 000	161 000	4 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	77 000	71 000	62 000	51 000
Total Current Debt	127 000	232 000	66 000	53 000
Total Equity and Debt	13 121 000	13 099 000	13 080 000	12 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,03 %	−15,43 %	−22,02 %	−17,6 %
Debt-to-Equity Ratio	−7,34	−6,06	−5,46	−4,65
Operating Profit Margin	30,01 %	22,98 %	33,16 %	33,72 %
Current Ratio	2,48	2,01	10,92	12,68
Quick Ratio	2,48	2,01	10,92	12,68
Equity Ratio	−0,14	−0,18	−0,21	−0,26
Gross Profit Margin	100 %	100 %	100 %	100 %