NORDHORDLAND SMYKKEDESIGN AS

5911 ALVERSUND

Finances

Share Ownership

Return on Equity

35,76 %

Current Ratio

3,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 729 000	2 228 000	1 865 000	2 119 000
Net Income	437 000	360 000	249 000	48 000
Total Assets	1 703 000	1 551 000	1 090 000	836 000
Total Equity	1 222 000	985 000	724 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 729 000	2 228 000	1 865 000	2 119 000
Expenditure	2 471 000	1 771 000	1 555 000	2 054 000
Operating Profit	498 000	457 000	310 000	46 000
Financial Income	7 000	5 000	3 000	2 000
Financial Costs	9 000	0	0	0
Financial Balance	−2 000	5 000	3 000	2 000
Earnings Before Tax	497 000	462 000	313 000	48 000
Tax	59 000	102 000	63 000	0
Net Income	437 000	360 000	249 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	1 703 000	1 551 000	1 090 000	833 000
Total Assets	1 703 000	1 551 000	1 090 000	836 000
Total Retained Equity	1 122 000	885 000	624 000	375 000
Total Equity	1 222 000	985 000	724 000	475 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	481 000	566 000	366 000	360 000
Total Equity and Debt	1 703 000	1 551 000	1 090 000	836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 729 000	2 223 000	1 848 000	2 111 000
Other Income	1 000	5 000	17 000	8 000
Revenue	2 729 000	2 228 000	1 865 000	2 119 000
Cost of Goods Sold	595 000	368 000	329 000	347 000
Salary Costs	1 559 000	1 089 000	903 000	1 316 000
Depreciation	0	0	3 000	3 000
Impairment	0	0	0	0
Expenditure	2 471 000	1 771 000	1 555 000	2 054 000
Operating Profit	498 000	457 000	310 000	46 000
Financial Income	7 000	5 000	3 000	2 000
Financial Costs	9 000	0	0	0
Financial Balance	−2 000	5 000	3 000	2 000
Dividends	200 000	0	0	0
Net Income	437 000	360 000	249 000	48 000

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	3 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	92 000	56 000	100 000	108 000
Total Investments	77 000	63 000	0	0
Cash, Bank	1 388 000	1 207 000	810 000	542 000
Total Current Assets	1 703 000	1 551 000	1 090 000	833 000
Total Assets	1 703 000	1 551 000	1 090 000	836 000
Total Equity	1 222 000	985 000	724 000	475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	32 000	62 000	62 000
Unpaid Taxes	204 000	189 000	111 000	151 000
Dividends	200 000	0	0	0
Other Current Debt	154 000	144 000	129 000	147 000
Total Current Debt	481 000	566 000	366 000	360 000
Total Equity and Debt	1 703 000	1 551 000	1 090 000	836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,76 %	36,55 %	34,39 %	10,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,25 %	20,51 %	16,62 %	2,17 %
Current Ratio	3,54	2,74	2,98	2,31
Quick Ratio	4,38	3,04	4,1	3,31
Equity Ratio	0,72	0,64	0,66	0,57
Gross Profit Margin	78,2 %	83,48 %	82,36 %	83,62 %