NORDVEST FJELLSPRENGNING AS

6265 VATNE

Finances

Share Ownership

Return on Equity

11,83 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 365 000	7 020 000	7 619 000	8 672 000
Net Income	169 000	−488 000	−526 000	1 423 000
Total Assets	2 623 000	2 265 000	3 414 000	3 697 000
Total Equity	1 429 000	1 260 000	1 747 000	2 273 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 365 000	7 020 000	7 619 000	8 672 000
Expenditure	8 118 000	7 624 000	8 217 000	6 822 000
Operating Profit	246 000	−604 000	−598 000	1 851 000
Financial Income	1 000	0	0	0
Financial Costs	21 000	18 000	21 000	24 000
Financial Balance	−20 000	−18 000	−21 000	−24 000
Earnings Before Tax	226 000	−621 000	−619 000	1 827 000
Tax	57 000	−134 000	−93 000	404 000
Net Income	169 000	−488 000	−526 000	1 423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	920 000	1 219 000	1 472 000	1 307 000
Total Current Assets	1 703 000	1 046 000	1 941 000	2 390 000
Total Assets	2 623 000	2 265 000	3 414 000	3 697 000
Total Retained Equity	1 329 000	1 160 000	1 647 000	2 173 000
Total Equity	1 429 000	1 260 000	1 747 000	2 273 000
Total Long-Term Debt	232 000	239 000	427 000	260 000
Total Current Debt	962 000	767 000	1 240 000	1 164 000
Total Equity and Debt	2 623 000	2 265 000	3 414 000	3 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 364 000	6 993 000	7 619 000	7 812 000
Other Income	1 000	27 000	0	860 000
Revenue	8 365 000	7 020 000	7 619 000	8 672 000
Cost of Goods Sold	908 000	642 000	697 000	658 000
Salary Costs	3 074 000	2 944 000	2 904 000	2 745 000
Depreciation	393 000	440 000	370 000	283 000
Impairment	0	0	0	0
Expenditure	8 118 000	7 624 000	8 217 000	6 822 000
Operating Profit	246 000	−604 000	−598 000	1 851 000
Financial Income	1 000	0	0	0
Financial Costs	21 000	18 000	21 000	24 000
Financial Balance	−20 000	−18 000	−21 000	−24 000
Dividends	0	0	0	0
Net Income	169 000	−488 000	−526 000	1 423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 000	67 000	0	0
Machinery and Plant Facilities	410 000	598 000	740 000	749 000
Fixtures	455 000	555 000	732 000	558 000
Total Tangible Assets	920 000	1 219 000	1 472 000	1 307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	920 000	1 219 000	1 472 000	1 307 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	1 301 000	478 000	128 000	85 000
Total Current Assets	1 703 000	1 046 000	1 941 000	2 390 000
Total Assets	2 623 000	2 265 000	3 414 000	3 697 000
Total Equity	1 429 000	1 260 000	1 747 000	2 273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	232 000	239 000	427 000	260 000
Creditors	225 000	129 000	432 000	71 000
Unpaid Taxes	227 000	152 000	299 000	440 000
Dividends	0	0	0	0
Other Current Debt	503 000	485 000	485 000	485 000
Total Current Debt	962 000	767 000	1 240 000	1 164 000
Total Equity and Debt	2 623 000	2 265 000	3 414 000	3 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,83 %	−38,73 %	−30,11 %	62,6 %
Debt-to-Equity Ratio	0,16	0,19	0,24	0,11
Operating Profit Margin	2,94 %	−8,6 %	−7,85 %	21,34 %
Current Ratio	1,77	1,36	1,57	2,05
Quick Ratio	1,79	1,38	1,58	2,07
Equity Ratio	0,54	0,56	0,51	0,61
Gross Profit Margin	89,15 %	90,85 %	90,85 %	92,41 %