NORDNES AS

6050 VALDERØYA

Finances

Return on Equity

5,02 %

Current Ratio

1,59

Debt-to-Equity Ratio

5,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	193 567 000	177 453 000	125 024 000	123 114 000
Net Income	3 826 000	5 232 000	11 286 000	10 674 000
Total Assets	530 532 000	552 688 000	583 989 000	355 509 000
Total Equity	76 196 000	73 808 000	69 652 000	58 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	193 567 000	177 453 000	125 024 000	123 114 000
Expenditure	172 625 000	155 537 000	104 576 000	99 821 000
Operating Profit	20 941 000	21 915 000	20 448 000	23 294 000
Financial Income	17 000	52 000	134 000	56 000
Financial Costs	16 732 000	16 467 000	8 796 000	9 221 000
Financial Balance	−16 715 000	−16 415 000	−8 662 000	−9 165 000
Earnings Before Tax	4 226 000	5 500 000	11 786 000	14 129 000
Tax	399 000	268 000	500 000	3 455 000
Net Income	3 826 000	5 232 000	11 286 000	10 674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	473 101 000	470 604 000	516 271 000	314 269 000
Total Current Assets	57 432 000	82 085 000	67 718 000	41 240 000
Total Assets	530 532 000	552 688 000	583 989 000	355 509 000
Total Retained Equity	70 316 000	67 928 000	63 552 000	52 767 000
Total Equity	76 196 000	73 808 000	69 652 000	58 867 000
Total Long-Term Debt	418 234 000	438 127 000	468 518 000	267 077 000
Total Current Debt	36 102 000	40 753 000	45 818 000	29 565 000
Total Equity and Debt	530 532 000	552 688 000	583 989 000	355 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 581 000	172 192 000	119 845 000	120 404 000
Other Income	6 985 000	5 261 000	5 179 000	2 711 000
Revenue	193 567 000	177 453 000	125 024 000	123 114 000
Cost of Goods Sold	69 024 000	21 434 000	10 333 000	7 830 000
Salary Costs	54 314 000	55 422 000	43 224 000	43 554 000
Depreciation	24 157 000	24 613 000	14 436 000	11 734 000
Impairment	0	0	0	0
Expenditure	172 625 000	155 537 000	104 576 000	99 821 000
Operating Profit	20 941 000	21 915 000	20 448 000	23 294 000
Financial Income	17 000	52 000	134 000	56 000
Financial Costs	16 732 000	16 467 000	8 796 000	9 221 000
Financial Balance	−16 715 000	−16 415 000	−8 662 000	−9 165 000
Dividends	500 000	500 000	500 000	500 000
Net Income	3 826 000	5 232 000	11 286 000	10 674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 556 000	104 117 000	106 552 000	104 388 000
Real Eastate	41 504 000	24 573 000	21 887 000	138 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 299 000	2 821 000	2 046 000	2 189 000
Total Tangible Assets	371 216 000	365 169 000	409 499 000	209 661 000
Total Fiancial Fixed Assets	1 329 000	1 318 000	220 000	220 000
Total Fixed Assets	473 101 000	470 604 000	516 271 000	314 269 000
Stock	3 407 000	3 844 000	3 817 000	7 620 000
Total Investments	0	0	0	0
Cash, Bank	21 854 000	20 484 000	32 105 000	9 010 000
Total Current Assets	57 432 000	82 085 000	67 718 000	41 240 000
Total Assets	530 532 000	552 688 000	583 989 000	355 509 000
Total Equity	76 196 000	73 808 000	69 652 000	58 867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 234 000	438 127 000	468 518 000	267 077 000
Creditors	14 366 000	15 247 000	27 303 000	9 175 000
Unpaid Taxes	6 916 000	8 260 000	5 438 000	5 614 000
Dividends	500 000	500 000	500 000	500 000
Other Current Debt	14 820 000	17 210 000	12 805 000	10 168 000
Total Current Debt	36 102 000	40 753 000	45 818 000	29 565 000
Total Equity and Debt	530 532 000	552 688 000	583 989 000	355 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,02 %	7,09 %	16,2 %	18,13 %
Debt-to-Equity Ratio	5,49	5,94	6,73	4,54
Operating Profit Margin	10,82 %	12,35 %	16,36 %	18,92 %
Current Ratio	1,59	2,01	1,48	1,39
Quick Ratio	1,76	2,22	1,61	1,88
Equity Ratio	0,14	0,13	0,12	0,17
Gross Profit Margin	64,34 %	87,92 %	91,74 %	93,64 %