NORDVEST INSPEKSJON AS

6475 MIDSUND

Finances

Return on Equity

15,24 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 065 000	12 761 000	14 305 000	14 447 000
Net Income	554 000	40 000	813 000	1 165 000
Total Assets	7 172 000	6 892 000	7 949 000	6 574 000
Total Equity	3 636 000	3 282 000	3 541 000	2 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 065 000	12 761 000	14 305 000	14 447 000
Expenditure	13 321 000	12 661 000	13 190 000	13 076 000
Operating Profit	744 000	99 000	1 115 000	1 372 000
Financial Income	19 000	7 000	3 000	1 000
Financial Costs	50 000	53 000	73 000	83 000
Financial Balance	−31 000	−46 000	−70 000	−82 000
Earnings Before Tax	713 000	53 000	1 045 000	1 290 000
Tax	158 000	13 000	232 000	124 000
Net Income	554 000	40 000	813 000	1 165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 569 000	2 885 000	3 292 000	2 747 000
Total Current Assets	4 603 000	4 006 000	4 657 000	3 827 000
Total Assets	7 172 000	6 892 000	7 949 000	6 574 000
Total Retained Equity	3 266 000	2 912 000	3 171 000	2 358 000
Total Equity	3 636 000	3 282 000	3 541 000	2 728 000
Total Long-Term Debt	489 000	908 000	1 365 000	1 391 000
Total Current Debt	3 047 000	2 702 000	3 043 000	2 455 000
Total Equity and Debt	7 172 000	6 892 000	7 949 000	6 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 288 000	11 876 000	13 493 000	13 426 000
Other Income	777 000	885 000	812 000	1 021 000
Revenue	14 065 000	12 761 000	14 305 000	14 447 000
Cost of Goods Sold	576 000	820 000	809 000	279 000
Salary Costs	9 649 000	9 015 000	9 587 000	9 365 000
Depreciation	699 000	637 000	564 000	356 000
Impairment	0	0	0	142 000
Expenditure	13 321 000	12 661 000	13 190 000	13 076 000
Operating Profit	744 000	99 000	1 115 000	1 372 000
Financial Income	19 000	7 000	3 000	1 000
Financial Costs	50 000	53 000	73 000	83 000
Financial Balance	−31 000	−46 000	−70 000	−82 000
Dividends	200 000	300 000	0	0
Net Income	554 000	40 000	813 000	1 165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	808 000	830 000	903 000	622 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 574 000	1 868 000	2 202 000	1 938 000
Total Tangible Assets	1 574 000	1 868 000	2 202 000	1 938 000
Total Fiancial Fixed Assets	187 000	187 000	187 000	187 000
Total Fixed Assets	2 569 000	2 885 000	3 292 000	2 747 000
Stock	121 000	137 000	182 000	252 000
Total Investments	0	0	0	0
Cash, Bank	2 290 000	1 472 000	2 247 000	1 342 000
Total Current Assets	4 603 000	4 006 000	4 657 000	3 827 000
Total Assets	7 172 000	6 892 000	7 949 000	6 574 000
Total Equity	3 636 000	3 282 000	3 541 000	2 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	489 000	908 000	1 365 000	1 391 000
Creditors	274 000	163 000	253 000	370 000
Unpaid Taxes	1 034 000	939 000	1 228 000	745 000
Dividends	200 000	300 000	0	0
Other Current Debt	1 356 000	1 294 000	1 347 000	1 269 000
Total Current Debt	3 047 000	2 702 000	3 043 000	2 455 000
Total Equity and Debt	7 172 000	6 892 000	7 949 000	6 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,24 %	1,22 %	22,96 %	42,71 %
Debt-to-Equity Ratio	0,13	0,28	0,39	0,51
Operating Profit Margin	5,29 %	0,78 %	7,79 %	9,5 %
Current Ratio	1,51	1,48	1,53	1,56
Quick Ratio	1,57	1,56	1,63	1,74
Equity Ratio	0,51	0,48	0,45	0,41
Gross Profit Margin	95,9 %	93,57 %	94,34 %	98,07 %