NORDVEST NETT AS

6240 ØRSKOG

Finances

Return on Equity

50,6 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 638 000	134 789 000	119 806 000	129 793 000
Net Income	131 849 000	15 535 000	11 978 000	12 200 000
Total Assets	452 714 000	473 168 000	453 012 000	460 409 000
Total Equity	260 577 000	162 828 000	156 694 000	151 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 638 000	134 789 000	119 806 000	129 793 000
Expenditure	102 528 000	113 845 000	103 433 000	114 523 000
Operating Profit	26 109 000	20 944 000	16 373 000	15 269 000
Financial Income	113 344 000	1 857 000	2 869 000	5 322 000
Financial Costs	2 216 000	3 293 000	4 504 000	6 270 000
Financial Balance	111 128 000	−1 436 000	−1 635 000	−948 000
Earnings Before Tax	137 236 000	19 508 000	14 739 000	14 322 000
Tax	5 387 000	3 973 000	2 761 000	2 122 000
Net Income	131 849 000	15 535 000	11 978 000	12 200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 041 000	408 763 000	398 150 000	384 354 000
Total Current Assets	55 672 000	64 405 000	54 863 000	76 056 000
Total Assets	452 714 000	473 168 000	453 012 000	460 409 000
Total Retained Equity	145 412 000	47 663 000	41 528 000	36 750 000
Total Equity	260 577 000	162 828 000	156 694 000	151 915 000
Total Long-Term Debt	127 289 000	261 279 000	231 745 000	262 409 000
Total Current Debt	64 848 000	49 061 000	64 574 000	46 085 000
Total Equity and Debt	452 714 000	473 168 000	453 012 000	460 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 457 000	127 477 000	109 300 000	121 444 000
Other Income	5 181 000	7 313 000	10 505 000	8 349 000
Revenue	128 638 000	134 789 000	119 806 000	129 793 000
Cost of Goods Sold	44 043 000	59 202 000	44 856 000	57 568 000
Salary Costs	18 864 000	16 421 000	18 777 000	19 066 000
Depreciation	18 684 000	18 312 000	17 710 000	17 767 000
Impairment	0	0	0	0
Expenditure	102 528 000	113 845 000	103 433 000	114 523 000
Operating Profit	26 109 000	20 944 000	16 373 000	15 269 000
Financial Income	113 344 000	1 857 000	2 869 000	5 322 000
Financial Costs	2 216 000	3 293 000	4 504 000	6 270 000
Financial Balance	111 128 000	−1 436 000	−1 635 000	−948 000
Dividends	34 100 000	9 400 000	7 200 000	7 300 000
Net Income	131 849 000	15 535 000	11 978 000	12 200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 125 000	1 222 000
Real Eastate	446 000	510 000	575 000	428 000
Machinery and Plant Facilities	298 618 000	261 251 000	246 750 000	231 280 000
Fixtures	46 570 000	47 729 000	51 881 000	54 654 000
Total Tangible Assets	345 635 000	309 491 000	299 206 000	286 362 000
Total Fiancial Fixed Assets	51 407 000	99 273 000	95 819 000	96 770 000
Total Fixed Assets	397 041 000	408 763 000	398 150 000	384 354 000
Stock	11 937 000	9 402 000	6 757 000	5 736 000
Total Investments	0	0	0	0
Cash, Bank	2 007 000	1 833 000	1 950 000	41 039 000
Total Current Assets	55 672 000	64 405 000	54 863 000	76 056 000
Total Assets	452 714 000	473 168 000	453 012 000	460 409 000
Total Equity	260 577 000	162 828 000	156 694 000	151 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 289 000	261 279 000	231 745 000	262 409 000
Creditors	22 796 000	16 905 000	18 948 000	17 065 000
Unpaid Taxes	14 425 000	16 796 000	16 505 000	15 237 000
Dividends	34 100 000	9 400 000	7 200 000	7 300 000
Other Current Debt	10 700 000	5 960 000	17 257 000	4 994 000
Total Current Debt	64 848 000	49 061 000	64 574 000	46 085 000
Total Equity and Debt	452 714 000	473 168 000	453 012 000	460 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,6 %	9,54 %	7,64 %	8,03 %
Debt-to-Equity Ratio	0,49	1,6	1,48	1,73
Operating Profit Margin	20,3 %	15,54 %	13,67 %	11,76 %
Current Ratio	0,86	1,31	0,85	1,65
Quick Ratio	1,05	1,62	0,95	1,88
Equity Ratio	0,58	0,34	0,35	0,33
Gross Profit Margin	65,76 %	56,08 %	62,56 %	55,65 %