NORSK SVEISETEKNIKK AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

13,83 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 430 000	157 021 000	141 817 000	162 882 000
Net Income	6 405 000	7 162 000	6 513 000	6 842 000
Total Assets	156 214 000	99 639 000	84 376 000	109 384 000
Total Equity	46 309 000	38 173 000	35 503 000	39 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 430 000	157 021 000	141 817 000	162 882 000
Expenditure	200 750 000	148 108 000	134 924 000	151 390 000
Operating Profit	7 679 000	8 913 000	6 893 000	11 492 000
Financial Income	6 234 000	3 896 000	6 931 000	2 684 000
Financial Costs	5 673 000	3 925 000	5 736 000	6 222 000
Financial Balance	561 000	−29 000	1 195 000	−3 538 000
Earnings Before Tax	8 240 000	8 884 000	8 088 000	7 954 000
Tax	1 835 000	1 722 000	1 575 000	1 112 000
Net Income	6 405 000	7 162 000	6 513 000	6 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 894 000	3 189 000	3 931 000	4 727 000
Total Current Assets	153 320 000	96 449 000	80 445 000	104 657 000
Total Assets	156 214 000	99 639 000	84 376 000	109 384 000
Total Retained Equity	30 159 000	22 023 000	19 505 000	23 194 000
Total Equity	46 309 000	38 173 000	35 503 000	39 192 000
Total Long-Term Debt	17 581 000	0	0	0
Total Current Debt	92 324 000	61 466 000	48 873 000	70 192 000
Total Equity and Debt	156 214 000	99 639 000	84 376 000	109 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 608 000	155 461 000	140 047 000	161 029 000
Other Income	1 822 000	1 560 000	1 770 000	1 853 000
Revenue	208 430 000	157 021 000	141 817 000	162 882 000
Cost of Goods Sold	151 863 000	107 975 000	95 189 000	105 335 000
Salary Costs	18 716 000	17 599 000	17 117 000	20 084 000
Depreciation	296 000	259 000	426 000	827 000
Impairment	0	0	0	0
Expenditure	200 750 000	148 108 000	134 924 000	151 390 000
Operating Profit	7 679 000	8 913 000	6 893 000	11 492 000
Financial Income	6 234 000	3 896 000	6 931 000	2 684 000
Financial Costs	5 673 000	3 925 000	5 736 000	6 222 000
Financial Balance	561 000	−29 000	1 195 000	−3 538 000
Dividends	0	0	0	0
Net Income	6 405 000	7 162 000	6 513 000	6 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 594 000	1 533 000	1 575 000	1 539 000
Real Eastate	81 000	100 000	169 000	237 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	862 000	539 000	601 000	835 000
Total Tangible Assets	943 000	639 000	770 000	1 072 000
Total Fiancial Fixed Assets	357 000	1 017 000	1 586 000	2 116 000
Total Fixed Assets	2 894 000	3 189 000	3 931 000	4 727 000
Stock	104 156 000	51 778 000	46 531 000	55 494 000
Total Investments	0	0	0	0
Cash, Bank	18 889 000	14 990 000	16 612 000	23 923 000
Total Current Assets	153 320 000	96 449 000	80 445 000	104 657 000
Total Assets	156 214 000	99 639 000	84 376 000	109 384 000
Total Equity	46 309 000	38 173 000	35 503 000	39 192 000
Short-Term Group Debt	0	0	5 175 000	79 000
Total Long-Term Debt	17 581 000	0	0	0
Creditors	79 966 000	44 888 000	20 108 000	54 496 000
Unpaid Taxes	2 894 000	3 485 000	2 780 000	3 074 000
Dividends	0	0	0	0
Other Current Debt	2 654 000	4 626 000	4 629 000	1 669 000
Total Current Debt	92 324 000	61 466 000	48 873 000	70 192 000
Total Equity and Debt	156 214 000	99 639 000	84 376 000	109 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,83 %	18,76 %	18,34 %	17,46 %
Debt-to-Equity Ratio	0,38	0	0	0
Operating Profit Margin	3,68 %	5,68 %	4,86 %	7,06 %
Current Ratio	1,66	1,57	1,65	1,49
Quick Ratio	−12,96	9,96	34,35	7,12
Equity Ratio	0,3	0,38	0,42	0,36
Gross Profit Margin	27,14 %	31,24 %	32,88 %	35,33 %