NORTRADE AS

6905 FLORØ

Finances

Return on Equity

31,9 %

Current Ratio

5,01

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 226 000	10 825 000	7 832 000	8 479 000
Net Income	4 936 000	7 042 000	3 426 000	4 576 000
Total Assets	19 018 000	20 847 000	19 000 000	20 118 000
Total Equity	15 472 000	14 570 000	16 528 000	17 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 226 000	10 825 000	7 832 000	8 479 000
Expenditure	3 874 000	3 751 000	3 433 000	3 628 000
Operating Profit	6 353 000	7 075 000	4 400 000	4 851 000
Financial Income	192 000	1 567 000	120 000	931 000
Financial Costs	212 000	14 000	15 000	26 000
Financial Balance	−20 000	1 553 000	105 000	905 000
Earnings Before Tax	6 333 000	8 627 000	4 504 000	5 756 000
Tax	1 397 000	1 585 000	1 078 000	1 180 000
Net Income	4 936 000	7 042 000	3 426 000	4 576 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 754 000	2 157 000	6 742 000	7 263 000
Total Current Assets	16 263 000	18 690 000	12 258 000	12 855 000
Total Assets	19 018 000	20 847 000	19 000 000	20 118 000
Total Retained Equity	15 222 000	14 320 000	16 278 000	17 052 000
Total Equity	15 472 000	14 570 000	16 528 000	17 302 000
Total Long-Term Debt	302 000	481 000	445 000	537 000
Total Current Debt	3 244 000	5 796 000	2 026 000	2 279 000
Total Equity and Debt	19 018 000	20 847 000	19 000 000	20 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 226 000	10 825 000	7 832 000	8 479 000
Other Income	0	0	0	0
Revenue	10 226 000	10 825 000	7 832 000	8 479 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 125 000	2 835 000	2 466 000	2 631 000
Depreciation	143 000	337 000	521 000	493 000
Impairment	0	0	0	0
Expenditure	3 874 000	3 751 000	3 433 000	3 628 000
Operating Profit	6 353 000	7 075 000	4 400 000	4 851 000
Financial Income	192 000	1 567 000	120 000	931 000
Financial Costs	212 000	14 000	15 000	26 000
Financial Balance	−20 000	1 553 000	105 000	905 000
Dividends	4 000 000	0	0	0
Net Income	4 936 000	7 042 000	3 426 000	4 576 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 581 000	1 698 000	1 815 000	1 945 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	133 000	159 000	185 000	211 000
Total Tangible Assets	2 454 000	1 857 000	6 442 000	6 963 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	2 754 000	2 157 000	6 742 000	7 263 000
Stock	0	0	0	0
Total Investments	2 766 000	2 985 000	0	0
Cash, Bank	11 810 000	12 270 000	12 258 000	11 896 000
Total Current Assets	16 263 000	18 690 000	12 258 000	12 855 000
Total Assets	19 018 000	20 847 000	19 000 000	20 118 000
Total Equity	15 472 000	14 570 000	16 528 000	17 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	302 000	481 000	445 000	537 000
Creditors	4 000	9 000	15 000	33 000
Unpaid Taxes	954 000	1 053 000	543 000	852 000
Dividends	4 000 000	0	0	0
Other Current Debt	676 000	3 317 000	374 000	215 000
Total Current Debt	3 244 000	5 796 000	2 026 000	2 279 000
Total Equity and Debt	19 018 000	20 847 000	19 000 000	20 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,9 %	48,33 %	20,73 %	26,45 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,03
Operating Profit Margin	62,13 %	65,36 %	56,18 %	57,21 %
Current Ratio	5,01	3,22	6,05	5,64
Quick Ratio	5,01	3,22	6,05	5,64
Equity Ratio	0,81	0,7	0,87	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %