M NORDVIK AS

8008 BODØ

Finances

Return on Equity

−104,37 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	414 635 000	341 686 000	233 024 000	113 076 000
Net Income	−20 416 000	−14 684 000	−7 144 000	−1 445 000
Total Assets	93 720 000	73 189 000	52 709 000	50 175 000
Total Equity	19 562 000	19 048 000	18 420 000	18 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	414 635 000	341 686 000	233 024 000	113 076 000
Expenditure	439 820 000	359 803 000	241 423 000	114 984 000
Operating Profit	−25 185 000	−18 117 000	−8 399 000	−1 907 000
Financial Income	95 000	19 000	15 000	147 000
Financial Costs	1 106 000	720 000	763 000	480 000
Financial Balance	−1 011 000	−701 000	−748 000	−333 000
Earnings Before Tax	−26 196 000	−18 819 000	−9 147 000	−2 241 000
Tax	−5 779 000	−4 135 000	−2 004 000	−795 000
Net Income	−20 416 000	−14 684 000	−7 144 000	−1 445 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 687 000	3 600 000	3 099 000	4 110 000
Total Current Assets	90 033 000	69 589 000	49 610 000	46 066 000
Total Assets	93 720 000	73 189 000	52 709 000	50 175 000
Total Retained Equity	0	0	355 000	7 499 000
Total Equity	19 562 000	19 048 000	18 420 000	18 595 000
Total Long-Term Debt	4 800 000	1 001 000	550 000	18 310 000
Total Current Debt	69 358 000	53 140 000	33 738 000	13 270 000
Total Equity and Debt	93 720 000	73 189 000	52 709 000	50 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 169 000	341 162 000	232 872 000	112 493 000
Other Income	466 000	524 000	152 000	583 000
Revenue	414 635 000	341 686 000	233 024 000	113 076 000
Cost of Goods Sold	331 128 000	279 416 000	188 524 000	85 245 000
Salary Costs	52 299 000	42 367 000	30 980 000	16 971 000
Depreciation	878 000	717 000	767 000	695 000
Impairment	0	0	0	60 000
Expenditure	439 820 000	359 803 000	241 423 000	114 984 000
Operating Profit	−25 185 000	−18 117 000	−8 399 000	−1 907 000
Financial Income	95 000	19 000	15 000	147 000
Financial Costs	1 106 000	720 000	763 000	480 000
Financial Balance	−1 011 000	−701 000	−748 000	−333 000
Dividends	0	0	0	0
Net Income	−20 416 000	−14 684 000	−7 144 000	−1 445 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	509 000	633 000	817 000	779 000
Real Eastate	682 000	966 000	1 049 000	1 304 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 284 000	1 788 000	1 019 000	1 814 000
Total Tangible Assets	2 965 000	2 754 000	2 069 000	3 118 000
Total Fiancial Fixed Assets	213 000	213 000	213 000	213 000
Total Fixed Assets	3 687 000	3 600 000	3 099 000	4 110 000
Stock	38 359 000	33 954 000	32 788 000	32 149 000
Total Investments	0	0	0	0
Cash, Bank	1 843 000	1 684 000	1 482 000	2 282 000
Total Current Assets	90 033 000	69 589 000	49 610 000	46 066 000
Total Assets	93 720 000	73 189 000	52 709 000	50 175 000
Total Equity	19 562 000	19 048 000	18 420 000	18 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 800 000	1 001 000	550 000	18 310 000
Creditors	20 697 000	31 047 000	20 074 000	3 704 000
Unpaid Taxes	6 337 000	6 231 000	2 436 000	2 579 000
Dividends	0	0	0	0
Other Current Debt	33 831 000	12 306 000	4 834 000	2 302 000
Total Current Debt	69 358 000	53 140 000	33 738 000	13 270 000
Total Equity and Debt	93 720 000	73 189 000	52 709 000	50 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−104,37 %	−77,09 %	−38,78 %	−7,77 %
Debt-to-Equity Ratio	0,25	0,05	0,03	0,98
Operating Profit Margin	−6,07 %	−5,3 %	−3,6 %	−1,69 %
Current Ratio	1,3	1,31	1,47	3,47
Quick Ratio	2,9	3,63	52,22	−2,44
Equity Ratio	0,21	0,26	0,35	0,37
Gross Profit Margin	20,14 %	18,22 %	19,1 %	24,61 %