NORSAND AS

1338 SANDVIKA

Finances

Return on Equity

161,79 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 683 000	22 679 000	19 245 000	24 032 000
Net Income	2 456 000	3 757 000	1 418 000	4 366 000
Total Assets	14 803 000	12 674 000	8 123 000	9 396 000
Total Equity	1 518 000	8 315 000	5 057 000	3 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 683 000	22 679 000	19 245 000	24 032 000
Expenditure	24 824 000	17 921 000	17 493 000	20 882 000
Operating Profit	2 859 000	4 758 000	1 752 000	3 149 000
Financial Income	295 000	67 000	71 000	1 951 000
Financial Costs	3 000	4 000	4 000	2 000
Financial Balance	292 000	63 000	67 000	1 949 000
Earnings Before Tax	3 151 000	4 820 000	1 819 000	5 098 000
Tax	695 000	1 063 000	401 000	732 000
Net Income	2 456 000	3 757 000	1 418 000	4 366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	837 000	753 000	994 000	1 114 000
Total Current Assets	13 966 000	11 920 000	7 129 000	8 282 000
Total Assets	14 803 000	12 674 000	8 123 000	9 396 000
Total Retained Equity	1 318 000	8 115 000	4 857 000	3 439 000
Total Equity	1 518 000	8 315 000	5 057 000	3 639 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 286 000	4 359 000	3 065 000	5 756 000
Total Equity and Debt	14 803 000	12 674 000	8 123 000	9 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 388 000	19 573 000	18 475 000	24 032 000
Other Income	294 000	3 106 000	770 000	0
Revenue	27 683 000	22 679 000	19 245 000	24 032 000
Cost of Goods Sold	7 923 000	5 604 000	5 379 000	6 673 000
Salary Costs	8 717 000	6 530 000	6 529 000	7 452 000
Depreciation	313 000	312 000	313 000	316 000
Impairment	0	0	0	0
Expenditure	24 824 000	17 921 000	17 493 000	20 882 000
Operating Profit	2 859 000	4 758 000	1 752 000	3 149 000
Financial Income	295 000	67 000	71 000	1 951 000
Financial Costs	3 000	4 000	4 000	2 000
Financial Balance	292 000	63 000	67 000	1 949 000
Dividends	7 800 000	0	0	1 162 000
Net Income	2 456 000	3 757 000	1 418 000	4 366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	39 000	19 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	786 000	715 000	975 000	1 105 000
Total Tangible Assets	786 000	715 000	975 000	1 105 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	837 000	753 000	994 000	1 114 000
Stock	342 000	321 000	235 000	307 000
Total Investments	0	0	0	0
Cash, Bank	12 955 000	10 879 000	5 766 000	7 522 000
Total Current Assets	13 966 000	11 920 000	7 129 000	8 282 000
Total Assets	14 803 000	12 674 000	8 123 000	9 396 000
Total Equity	1 518 000	8 315 000	5 057 000	3 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 964 000	1 250 000	1 083 000	1 670 000
Unpaid Taxes	1 291 000	1 132 000	636 000	1 393 000
Dividends	7 800 000	0	0	1 162 000
Other Current Debt	1 523 000	894 000	934 000	793 000
Total Current Debt	13 286 000	4 359 000	3 065 000	5 756 000
Total Equity and Debt	14 803 000	12 674 000	8 123 000	9 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	161,79 %	45,18 %	28,04 %	119,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,33 %	20,98 %	9,1 %	13,1 %
Current Ratio	1,05	2,73	2,33	1,44
Quick Ratio	1,08	2,95	2,52	1,52
Equity Ratio	0,1	0,66	0,62	0,39
Gross Profit Margin	71,38 %	75,29 %	72,05 %	72,23 %