NORDIC GROUP INTERNATIONAL AS

7288 SOKNEDAL

Finances

Share Ownership

Return on Equity

18,15 %

Current Ratio

4,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 098 000	20 962 000	14 622 000	15 126 000
Net Income	719 000	3 025 000	722 000	778 000
Total Assets	5 252 000	7 236 000	5 767 000	5 899 000
Total Equity	3 961 000	3 242 000	2 217 000	3 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 098 000	20 962 000	14 622 000	15 126 000
Expenditure	16 173 000	17 082 000	13 690 000	14 122 000
Operating Profit	925 000	3 880 000	932 000	1 005 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	4 000	3 000	7 000	7 000
Financial Balance	−3 000	−2 000	−7 000	−6 000
Earnings Before Tax	923 000	3 878 000	926 000	998 000
Tax	204 000	853 000	204 000	220 000
Net Income	719 000	3 025 000	722 000	778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 252 000	7 236 000	5 767 000	5 899 000
Total Assets	5 252 000	7 236 000	5 767 000	5 899 000
Total Retained Equity	3 861 000	3 142 000	2 117 000	3 395 000
Total Equity	3 961 000	3 242 000	2 217 000	3 495 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 291 000	3 994 000	3 550 000	2 405 000
Total Equity and Debt	5 252 000	7 236 000	5 767 000	5 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 098 000	20 962 000	14 622 000	15 126 000
Other Income	0	0	0	0
Revenue	17 098 000	20 962 000	14 622 000	15 126 000
Cost of Goods Sold	11 638 000	12 717 000	9 825 000	9 819 000
Salary Costs	3 455 000	3 352 000	3 386 000	3 592 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 173 000	17 082 000	13 690 000	14 122 000
Operating Profit	925 000	3 880 000	932 000	1 005 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	4 000	3 000	7 000	7 000
Financial Balance	−3 000	−2 000	−7 000	−6 000
Dividends	0	2 000 000	2 000 000	600 000
Net Income	719 000	3 025 000	722 000	778 000

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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 636 000	935 000	0	394 000
Total Investments	0	0	0	0
Cash, Bank	2 270 000	4 691 000	3 182 000	4 851 000
Total Current Assets	5 252 000	7 236 000	5 767 000	5 899 000
Total Assets	5 252 000	7 236 000	5 767 000	5 899 000
Total Equity	3 961 000	3 242 000	2 217 000	3 495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	141 000	151 000	198 000	121 000
Unpaid Taxes	587 000	632 000	790 000	467 000
Dividends	0	2 000 000	2 000 000	600 000
Other Current Debt	359 000	358 000	358 000	997 000
Total Current Debt	1 291 000	3 994 000	3 550 000	2 405 000
Total Equity and Debt	5 252 000	7 236 000	5 767 000	5 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,15 %	93,31 %	32,57 %	22,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,41 %	18,51 %	6,37 %	6,64 %
Current Ratio	4,07	1,81	1,62	2,45
Quick Ratio	−15,22	2,37	1,62	2,93
Equity Ratio	0,75	0,45	0,38	0,59
Gross Profit Margin	31,93 %	39,33 %	32,81 %	35,09 %