CERMAQ NORWAY AS

8286 NORDFOLD

Finances

Return on Equity

30,79 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2023	2022	2021	2020
Revenue	5 684 642 000	5 981 925 000	4 301 267 000	4 655 895 000
Net Income	2 192 425 000	1 717 981 000	899 920 000	936 742 000
Total Assets	10 583 257 000	9 890 045 000	8 842 819 000	7 911 582 000
Total Equity	7 120 762 000	7 540 177 000	5 946 708 000	4 810 418 000

Income (NOK)	2023	2022	2021	2020
Revenue	5 684 642 000	5 981 925 000	4 301 267 000	4 655 895 000
Expenditure	2 475 210 000	4 114 897 000	3 367 560 000	3 572 152 000
Operating Profit	2 450 951 000	2 192 102 000	1 221 678 000	1 179 235 000
Financial Income	462 111 000	77 988 000	84 476 000	196 061 000
Financial Costs	253 753 000	76 619 000	147 278 000	176 533 000
Financial Balance	208 358 000	1 369 000	−62 802 000	19 528 000
Earnings Before Tax	2 659 309 000	2 193 471 000	1 158 876 000	1 198 763 000
Tax	430 281 000	475 490 000	258 956 000	262 021 000
Net Income	2 192 425 000	1 717 981 000	899 920 000	936 742 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	7 202 616 000	5 041 773 000	4 936 687 000	4 459 402 000
Total Current Assets	3 380 641 000	4 848 272 000	3 906 132 000	3 452 179 000
Total Assets	10 583 257 000	9 890 045 000	8 842 819 000	7 911 582 000
Total Retained Equity	6 901 665 000	7 321 080 000	5 727 611 000	4 591 321 000
Total Equity	7 120 762 000	7 540 177 000	5 946 708 000	4 810 418 000
Total Long-Term Debt	674 748 000	1 170 381 000	1 975 949 000	2 026 994 000
Total Current Debt	2 787 749 000	1 179 487 000	920 161 000	1 074 170 000
Total Equity and Debt	10 583 259 000	9 890 045 000	8 842 818 000	7 911 582 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	5 642 223 000	5 864 907 000	4 196 051 000	4 475 153 000
Other Income	42 419 000	117 018 000	105 216 000	180 742 000
Revenue	5 684 642 000	5 981 925 000	4 301 267 000	4 655 895 000
Cost of Goods Sold	749 708 000	2 240 390 000	1 806 980 000	2 066 852 000
Salary Costs	523 809 000	478 899 000	380 666 000	366 716 000
Depreciation	465 652 000	414 624 000	396 846 000	381 858 000
Impairment	4 083 000	10 121 000	1 252 000	4 643 000
Expenditure	2 475 210 000	4 114 897 000	3 367 560 000	3 572 152 000
Operating Profit	2 450 951 000	2 192 102 000	1 221 678 000	1 179 235 000
Financial Income	462 111 000	77 988 000	84 476 000	196 061 000
Financial Costs	253 753 000	76 619 000	147 278 000	176 533 000
Financial Balance	208 358 000	1 369 000	−62 802 000	19 528 000
Dividends	0	0	0	652 000 000
Net Income	2 192 425 000	1 717 981 000	899 920 000	936 742 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	28 790 000	28 790 000	28 790 000	45 120 000
Total Intangible Assets	207 461 000	2 093 449 000	2 093 449 000	1 631 756 000
Real Eastate	356 629 000	371 941 000	290 793 000	274 301 000
Machinery and Plant Facilities	1 089 623 000	1 054 220 000	942 146 000	1 553 192 000
Fixtures	642 179 000	437 078 000	863 044 000	862 882 000
Total Tangible Assets	2 740 773 000	2 690 035 000	2 666 080 000	2 690 375 000
Total Fiancial Fixed Assets	4 254 382 000	258 289 000	177 158 000	137 271 000
Total Fixed Assets	7 202 616 000	5 041 773 000	4 936 687 000	4 459 402 000
Stock	236 074 000	3 030 709 000	2 396 084 000	2 092 404 000
Total Investments	0	48 740 000	61 580 000	50 705 000
Cash, Bank	1 828 818 000	733 011 000	631 129 000	799 480 000
Total Current Assets	3 380 641 000	4 848 272 000	3 906 132 000	3 452 179 000
Total Assets	10 583 257 000	9 890 045 000	8 842 819 000	7 911 582 000
Total Equity	7 120 762 000	7 540 177 000	5 946 708 000	4 810 418 000
Short-Term Group Debt	0	0	161 391 000	0
Total Long-Term Debt	674 748 000	1 170 381 000	1 975 949 000	2 026 994 000
Creditors	526 940 000	292 792 000	107 632 000	110 989 000
Unpaid Taxes	13 846 000	16 627 000	16 153 000	11 032 000
Dividends	0	0	0	652 000 000
Other Current Debt	1 010 256 000	361 970 000	202 972 000	395 422 000
Total Current Debt	2 787 749 000	1 179 487 000	920 161 000	1 074 170 000
Total Equity and Debt	10 583 259 000	9 890 045 000	8 842 818 000	7 911 582 000

Financial indicators	2023	2022	2021	2020
Return on Equity	30,79 %	22,78 %	15,13 %	19,47 %
Debt-to-Equity Ratio	0,09	0,16	0,33	0,42
Operating Profit Margin	43,12 %	36,65 %	28,4 %	25,33 %
Current Ratio	1,21	4,11	4,25	3,21
Quick Ratio	1,32	−2,62	−2,65	−3,39
Equity Ratio	0,67	0,76	0,67	0,61
Gross Profit Margin	86,81 %	62,55 %	57,99 %	55,61 %