NORDHAVEN CORPORATE FINANCE AS

0160 OSLO

Finances

Return on Equity

1 044,33 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 034 000	62 728 000	59 680 000	51 545 000
Net Income	24 688 000	34 475 000	32 526 000	23 213 000
Total Assets	18 898 000	21 882 000	50 978 000	18 996 000
Total Equity	2 364 000	2 364 000	2 408 000	2 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 034 000	62 728 000	59 680 000	51 545 000
Expenditure	17 149 000	16 760 000	16 214 000	20 403 000
Operating Profit	32 885 000	45 968 000	43 466 000	31 142 000
Financial Income	163 000	52 000	19 000	15 000
Financial Costs	24 000	16 000	58 000	70 000
Financial Balance	139 000	36 000	−39 000	−55 000
Earnings Before Tax	33 024 000	46 004 000	43 427 000	31 087 000
Tax	8 336 000	11 529 000	10 902 000	7 873 000
Net Income	24 688 000	34 475 000	32 526 000	23 213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	449 000	509 000	236 000	233 000
Total Current Assets	18 449 000	21 373 000	50 742 000	18 763 000
Total Assets	18 898 000	21 882 000	50 978 000	18 996 000
Total Retained Equity	530 000	530 000	574 000	448 000
Total Equity	2 364 000	2 364 000	2 408 000	2 283 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 534 000	19 518 000	48 570 000	16 713 000
Total Equity and Debt	18 898 000	21 882 000	50 978 000	18 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 034 000	62 728 000	59 680 000	51 545 000
Other Income	0	0	0	0
Revenue	50 034 000	62 728 000	59 680 000	51 545 000
Cost of Goods Sold	0	0	0	1 624 000
Salary Costs	11 779 000	11 355 000	11 183 000	12 710 000
Depreciation	186 000	117 000	60 000	73 000
Impairment	0	0	0	0
Expenditure	17 149 000	16 760 000	16 214 000	20 403 000
Operating Profit	32 885 000	45 968 000	43 466 000	31 142 000
Financial Income	163 000	52 000	19 000	15 000
Financial Costs	24 000	16 000	58 000	70 000
Financial Balance	139 000	36 000	−39 000	−55 000
Dividends	24 688 000	34 519 000	32 400 000	0
Net Income	24 688 000	34 475 000	32 526 000	23 213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	22 000	43 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	384 000	445 000	152 000	138 000
Total Tangible Assets	384 000	445 000	152 000	138 000
Total Fiancial Fixed Assets	42 000	42 000	42 000	42 000
Total Fixed Assets	449 000	509 000	236 000	233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 796 000	19 662 000	37 009 000	17 401 000
Total Current Assets	18 449 000	21 373 000	50 742 000	18 763 000
Total Assets	18 898 000	21 882 000	50 978 000	18 996 000
Total Equity	2 364 000	2 364 000	2 408 000	2 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	118 000	114 000	150 000
Unpaid Taxes	647 000	640 000	898 000	1 159 000
Dividends	24 688 000	34 519 000	32 400 000	0
Other Current Debt	4 758 000	4 733 000	4 267 000	4 539 000
Total Current Debt	16 534 000	19 518 000	48 570 000	16 713 000
Total Equity and Debt	18 898 000	21 882 000	50 978 000	18 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 044,33 %	1 458,33 %	1 350,75 %	1 016,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,73 %	73,28 %	72,83 %	60,42 %
Current Ratio	1,12	1,1	1,04	1,12
Quick Ratio	1,12	1,1	1,04	1,12
Equity Ratio	0,13	0,11	0,05	0,12
Gross Profit Margin	100 %	100 %	100 %	96,85 %