NORDVEGGEN AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

33,29 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 526 000	8 220 000	7 409 000	6 503 000
Net Income	987 000	211 000	310 000	261 000
Total Assets	5 006 000	4 092 000	3 244 000	2 526 000
Total Equity	2 965 000	1 978 000	1 767 000	1 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 526 000	8 220 000	7 409 000	6 503 000
Expenditure	13 268 000	7 944 000	7 010 000	6 169 000
Operating Profit	1 258 000	275 000	400 000	334 000
Financial Income	22 000	1 000	4 000	10 000
Financial Costs	14 000	6 000	6 000	9 000
Financial Balance	8 000	−5 000	−2 000	1 000
Earnings Before Tax	1 265 000	271 000	397 000	335 000
Tax	278 000	60 000	87 000	74 000
Net Income	987 000	211 000	310 000	261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	502 000	515 000	515 000
Total Current Assets	4 516 000	3 589 000	2 729 000	2 011 000
Total Assets	5 006 000	4 092 000	3 244 000	2 526 000
Total Retained Equity	2 465 000	1 478 000	1 267 000	957 000
Total Equity	2 965 000	1 978 000	1 767 000	1 457 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	2 038 000	2 114 000	1 477 000	1 069 000
Total Equity and Debt	5 006 000	4 092 000	3 244 000	2 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 732 000	4 729 000	7 238 000	6 390 000
Other Income	8 794 000	3 491 000	171 000	113 000
Revenue	14 526 000	8 220 000	7 409 000	6 503 000
Cost of Goods Sold	5 599 000	2 861 000	2 610 000	2 717 000
Salary Costs	5 437 000	3 718 000	3 156 000	2 503 000
Depreciation	8 000	8 000	7 000	5 000
Impairment	0	0	0	0
Expenditure	13 268 000	7 944 000	7 010 000	6 169 000
Operating Profit	1 258 000	275 000	400 000	334 000
Financial Income	22 000	1 000	4 000	10 000
Financial Costs	14 000	6 000	6 000	9 000
Financial Balance	8 000	−5 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	987 000	211 000	310 000	261 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	8 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	83 000	92 000	56 000
Total Tangible Assets	75 000	83 000	92 000	56 000
Total Fiancial Fixed Assets	415 000	415 000	415 000	415 000
Total Fixed Assets	490 000	502 000	515 000	515 000
Stock	120 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 552 000	1 400 000	741 000	1 090 000
Total Current Assets	4 516 000	3 589 000	2 729 000	2 011 000
Total Assets	5 006 000	4 092 000	3 244 000	2 526 000
Total Equity	2 965 000	1 978 000	1 767 000	1 457 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	565 000	447 000	161 000	176 000
Unpaid Taxes	326 000	334 000	219 000	262 000
Dividends	0	0	0	0
Other Current Debt	876 000	1 278 000	1 045 000	559 000
Total Current Debt	2 038 000	2 114 000	1 477 000	1 069 000
Total Equity and Debt	5 006 000	4 092 000	3 244 000	2 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,29 %	10,67 %	17,54 %	17,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,66 %	3,35 %	5,4 %	5,14 %
Current Ratio	2,22	1,7	1,85	1,88
Quick Ratio	2,35	1,7	1,85	1,88
Equity Ratio	0,59	0,48	0,54	0,58
Gross Profit Margin	61,46 %	65,19 %	64,77 %	58,22 %