70 NORDVEKST AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

13,6 %

Current Ratio

3,89

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 957 000	12 201 000	10 718 000	10 034 000
Net Income	487 000	2 093 000	537 000	−3 133 000
Total Assets	12 384 000	11 819 000	9 942 000	7 642 000
Total Equity	3 582 000	3 095 000	−1 998 000	−2 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 957 000	12 201 000	10 718 000	10 034 000
Expenditure	10 399 000	9 989 000	10 025 000	12 957 000
Operating Profit	557 000	2 212 000	692 000	−2 923 000
Financial Income	112 000	27 000	15 000	6 000
Financial Costs	182 000	147 000	171 000	216 000
Financial Balance	−70 000	−120 000	−156 000	−210 000
Earnings Before Tax	487 000	2 093 000	537 000	−3 133 000
Tax	0	0	0	0
Net Income	487 000	2 093 000	537 000	−3 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 156 000	5 589 000	5 675 000	6 059 000
Total Current Assets	7 228 000	6 230 000	4 267 000	1 583 000
Total Assets	12 384 000	11 819 000	9 942 000	7 642 000
Total Retained Equity	582 000	95 000	−2 998 000	−3 535 000
Total Equity	3 582 000	3 095 000	−1 998 000	−2 535 000
Total Long-Term Debt	6 942 000	7 282 000	7 620 000	7 937 000
Total Current Debt	1 859 000	1 443 000	4 320 000	2 240 000
Total Equity and Debt	12 384 000	11 819 000	9 942 000	7 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 493 000	6 260 000	4 509 000	3 911 000
Other Income	5 465 000	5 941 000	6 209 000	6 123 000
Revenue	10 957 000	12 201 000	10 718 000	10 034 000
Cost of Goods Sold	883 000	1 272 000	899 000	3 701 000
Salary Costs	6 808 000	6 528 000	6 487 000	6 947 000
Depreciation	423 000	390 000	352 000	332 000
Impairment	0	0	0	0
Expenditure	10 399 000	9 989 000	10 025 000	12 957 000
Operating Profit	557 000	2 212 000	692 000	−2 923 000
Financial Income	112 000	27 000	15 000	6 000
Financial Costs	182 000	147 000	171 000	216 000
Financial Balance	−70 000	−120 000	−156 000	−210 000
Dividends	0	0	0	0
Net Income	487 000	2 093 000	537 000	−3 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 932 000	5 280 000	5 604 000	5 931 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	194 000	270 000	21 000	47 000
Total Tangible Assets	5 127 000	5 550 000	5 625 000	5 977 000
Total Fiancial Fixed Assets	29 000	39 000	50 000	81 000
Total Fixed Assets	5 156 000	5 589 000	5 675 000	6 059 000
Stock	534 000	253 000	240 000	280 000
Total Investments	0	0	0	0
Cash, Bank	4 449 000	4 285 000	2 666 000	335 000
Total Current Assets	7 228 000	6 230 000	4 267 000	1 583 000
Total Assets	12 384 000	11 819 000	9 942 000	7 642 000
Total Equity	3 582 000	3 095 000	−1 998 000	−2 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 942 000	7 282 000	7 620 000	7 937 000
Creditors	287 000	281 000	274 000	439 000
Unpaid Taxes	256 000	396 000	323 000	315 000
Dividends	0	0	0	0
Other Current Debt	1 316 000	766 000	724 000	1 486 000
Total Current Debt	1 859 000	1 443 000	4 320 000	2 240 000
Total Equity and Debt	12 384 000	11 819 000	9 942 000	7 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,6 %	67,63 %	−26,88 %	123,59 %
Debt-to-Equity Ratio	1,94	2,35	−3,81	−3,13
Operating Profit Margin	5,08 %	18,13 %	6,46 %	−29,13 %
Current Ratio	3,89	4,32	0,99	0,71
Quick Ratio	5,46	5,24	1,05	0,81
Equity Ratio	0,29	0,26	−0,2	−0,33
Gross Profit Margin	91,94 %	89,57 %	91,61 %	63,12 %