NORDIC BULK AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

38,44 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	370 882 000	205 659 000	183 472 000	142 639 000
Net Income	9 436 000	9 636 000	11 289 000	2 661 000
Total Assets	117 447 000	57 713 000	53 859 000	55 727 000
Total Equity	24 545 000	21 359 000	18 823 000	12 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	370 882 000	205 659 000	183 472 000	142 639 000
Expenditure	358 298 000	193 917 000	168 826 000	138 533 000
Operating Profit	12 584 000	11 743 000	14 645 000	4 107 000
Financial Income	99 000	836 000	84 000	7 000
Financial Costs	553 000	190 000	222 000	686 000
Financial Balance	−454 000	646 000	−138 000	−679 000
Earnings Before Tax	12 130 000	12 389 000	14 507 000	3 428 000
Tax	2 694 000	2 753 000	3 218 000	768 000
Net Income	9 436 000	9 636 000	11 289 000	2 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 200 000	2 137 000	1 064 000	958 000
Total Current Assets	114 247 000	55 576 000	52 795 000	54 769 000
Total Assets	117 447 000	57 713 000	53 859 000	55 727 000
Total Retained Equity	24 232 000	21 047 000	18 510 000	11 871 000
Total Equity	24 545 000	21 359 000	18 823 000	12 184 000
Total Long-Term Debt	6 352 000	2 912 000	4 134 000	1 020 000
Total Current Debt	86 550 000	33 441 000	30 902 000	42 524 000
Total Equity and Debt	117 447 000	57 713 000	53 859 000	55 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	370 882 000	205 659 000	183 404 000	142 596 000
Other Income	0	0	68 000	43 000
Revenue	370 882 000	205 659 000	183 472 000	142 639 000
Cost of Goods Sold	299 221 000	150 125 000	134 801 000	104 692 000
Salary Costs	44 825 000	31 992 000	24 769 000	23 709 000
Depreciation	652 000	466 000	423 000	429 000
Impairment	0	0	0	0
Expenditure	358 298 000	193 917 000	168 826 000	138 533 000
Operating Profit	12 584 000	11 743 000	14 645 000	4 107 000
Financial Income	99 000	836 000	84 000	7 000
Financial Costs	553 000	190 000	222 000	686 000
Financial Balance	−454 000	646 000	−138 000	−679 000
Dividends	6 250 000	7 100 000	4 650 000	1 000 000
Net Income	9 436 000	9 636 000	11 289 000	2 661 000

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	3 200 000	2 137 000	1 064 000	958 000
Total Tangible Assets	3 200 000	2 137 000	1 064 000	958 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 200 000	2 137 000	1 064 000	958 000
Stock	26 941 000	12 631 000	12 331 000	9 687 000
Total Investments	0	0	0	0
Cash, Bank	42 119 000	6 149 000	1 109 000	834 000
Total Current Assets	114 247 000	55 576 000	52 795 000	54 769 000
Total Assets	117 447 000	57 713 000	53 859 000	55 727 000
Total Equity	24 545 000	21 359 000	18 823 000	12 184 000
Short-Term Group Debt	0	50 000	0	0
Total Long-Term Debt	6 352 000	2 912 000	4 134 000	1 020 000
Creditors	35 832 000	14 858 000	11 783 000	5 297 000
Unpaid Taxes	23 645 000	6 030 000	9 240 000	3 962 000
Dividends	6 250 000	7 100 000	4 650 000	1 000 000
Other Current Debt	27 074 000	8 030 000	6 523 000	2 780 000
Total Current Debt	86 550 000	33 441 000	30 902 000	42 524 000
Total Equity and Debt	117 447 000	57 713 000	53 859 000	55 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,44 %	45,11 %	59,97 %	21,84 %
Debt-to-Equity Ratio	0,26	0,14	0,22	0,08
Operating Profit Margin	3,39 %	5,71 %	7,98 %	2,88 %
Current Ratio	1,32	1,66	1,71	1,29
Quick Ratio	1,92	2,67	2,84	1,67
Equity Ratio	0,21	0,37	0,35	0,22
Gross Profit Margin	19,32 %	27 %	26,53 %	26,6 %