NORDIC RØR AS

7032 TRONDHEIM

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 798 000	2 343 000	2 250 000	2 120 000
Net Income	273 000	285 000	570 000	405 000
Total Assets	3 463 000	3 603 000	3 414 000	2 884 000
Total Equity	2 358 000	2 085 000	1 900 000	1 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 798 000	2 343 000	2 250 000	2 120 000
Expenditure	2 440 000	1 966 000	1 488 000	1 574 000
Operating Profit	357 000	376 000	762 000	546 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	10 000	28 000	29 000
Financial Balance	−7 000	−10 000	−28 000	−28 000
Earnings Before Tax	350 000	366 000	735 000	518 000
Tax	77 000	81 000	165 000	114 000
Net Income	273 000	285 000	570 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 456 000	1 472 000	2 210 000	1 781 000
Total Current Assets	1 007 000	2 131 000	1 204 000	1 102 000
Total Assets	3 463 000	3 603 000	3 414 000	2 884 000
Total Retained Equity	2 258 000	1 985 000	1 800 000	1 830 000
Total Equity	2 358 000	2 085 000	1 900 000	1 930 000
Total Long-Term Debt	231 000	112 000	78 000	273 000
Total Current Debt	874 000	1 405 000	1 436 000	682 000
Total Equity and Debt	3 463 000	3 603 000	3 414 000	2 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 798 000	2 343 000	2 250 000	2 120 000
Other Income	0	0	0	0
Revenue	2 798 000	2 343 000	2 250 000	2 120 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	1 622 000	1 242 000	947 000	1 029 000
Depreciation	482 000	478 000	354 000	310 000
Impairment	0	0	0	0
Expenditure	2 440 000	1 966 000	1 488 000	1 574 000
Operating Profit	357 000	376 000	762 000	546 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	10 000	28 000	29 000
Financial Balance	−7 000	−10 000	−28 000	−28 000
Dividends	150 000	100 000	600 000	250 000
Net Income	273 000	285 000	570 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 456 000	1 472 000	2 210 000	1 781 000
Total Tangible Assets	2 456 000	1 472 000	2 210 000	1 781 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 456 000	1 472 000	2 210 000	1 781 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	479 000	2 112 000	863 000	1 016 000
Total Current Assets	1 007 000	2 131 000	1 204 000	1 102 000
Total Assets	3 463 000	3 603 000	3 414 000	2 884 000
Total Equity	2 358 000	2 085 000	1 900 000	1 930 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	112 000	78 000	273 000
Creditors	0	40 000	514 000	161 000
Unpaid Taxes	277 000	184 000	92 000	66 000
Dividends	150 000	100 000	600 000	250 000
Other Current Debt	385 000	965 000	90 000	84 000
Total Current Debt	874 000	1 405 000	1 436 000	682 000
Total Equity and Debt	3 463 000	3 603 000	3 414 000	2 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	13,67 %	30 %	20,98 %
Debt-to-Equity Ratio	0,1	0,05	0,04	0,14
Operating Profit Margin	12,76 %	16,05 %	33,87 %	25,75 %
Current Ratio	1,15	1,52	0,84	1,62
Quick Ratio	1,15	1,52	0,84	1,62
Equity Ratio	0,68	0,58	0,56	0,67
Gross Profit Margin	100 %	100 %	100 %	99,91 %