NORDCO AS

1526 MOSS

Finances

Share Ownership

Return on Equity

−13,2 %

Current Ratio

0,27

Debt-to-Equity Ratio

35,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 339 000	1 636 000	950 000	1 624 000
Net Income	−75 000	421 000	−117 000	552 000
Total Assets	22 327 000	14 871 000	15 276 000	15 989 000
Total Equity	568 000	718 000	853 000	971 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 339 000	1 636 000	950 000	1 624 000
Expenditure	732 000	749 000	707 000	436 000
Operating Profit	607 000	887 000	243 000	1 189 000
Financial Income	12 000	0	0	2 000
Financial Costs	715 000	348 000	393 000	482 000
Financial Balance	−703 000	−348 000	−393 000	−480 000
Earnings Before Tax	−96 000	539 000	−150 000	708 000
Tax	−21 000	119 000	−33 000	156 000
Net Income	−75 000	421 000	−117 000	552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 916 000	14 493 000	15 104 000	15 715 000
Total Current Assets	412 000	377 000	172 000	274 000
Total Assets	22 327 000	14 871 000	15 276 000	15 989 000
Total Retained Equity	236 000	386 000	521 000	640 000
Total Equity	568 000	718 000	853 000	971 000
Total Long-Term Debt	20 208 000	11 598 000	12 611 000	13 132 000
Total Current Debt	1 551 000	2 554 000	1 812 000	1 886 000
Total Equity and Debt	22 327 000	14 871 000	15 276 000	15 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 339 000	1 636 000	950 000	1 624 000
Revenue	1 339 000	1 636 000	950 000	1 624 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	611 000	611 000	611 000	338 000
Impairment	0	0	0	0
Expenditure	732 000	749 000	707 000	436 000
Operating Profit	607 000	887 000	243 000	1 189 000
Financial Income	12 000	0	0	2 000
Financial Costs	715 000	348 000	393 000	482 000
Financial Balance	−703 000	−348 000	−393 000	−480 000
Dividends	0	0	0	0
Net Income	−75 000	421 000	−117 000	552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 883 000	14 493 000	15 104 000	15 715 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 883 000	14 493 000	15 104 000	15 715 000
Total Fiancial Fixed Assets	8 033 000	0	0	0
Total Fixed Assets	21 916 000	14 493 000	15 104 000	15 715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	412 000	377 000	172 000	274 000
Total Current Assets	412 000	377 000	172 000	274 000
Total Assets	22 327 000	14 871 000	15 276 000	15 989 000
Total Equity	568 000	718 000	853 000	971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 208 000	11 598 000	12 611 000	13 132 000
Creditors	0	0	0	0
Unpaid Taxes	56 000	59 000	30 000	67 000
Dividends	0	0	0	0
Other Current Debt	1 496 000	2 495 000	1 782 000	1 818 000
Total Current Debt	1 551 000	2 554 000	1 812 000	1 886 000
Total Equity and Debt	22 327 000	14 871 000	15 276 000	15 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,2 %	58,64 %	−13,72 %	56,85 %
Debt-to-Equity Ratio	35,58	16,15	14,78	13,52
Operating Profit Margin	45,33 %	54,22 %	25,58 %	73,21 %
Current Ratio	0,27	0,15	0,09	0,15
Quick Ratio	0,27	0,15	0,09	0,15
Equity Ratio	0,03	0,05	0,06	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %