NORDBO ELEMENT AS

2653 VESTRE GAUSDAL

Finances

Share Ownership

Return on Equity

47,06 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 727 000	11 205 000	7 378 000	12 202 000
Net Income	1 625 000	1 885 000	248 000	1 561 000
Total Assets	7 051 000	8 839 000	5 966 000	6 281 000
Total Equity	3 453 000	3 828 000	4 943 000	4 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 727 000	11 205 000	7 378 000	12 202 000
Expenditure	9 608 000	8 818 000	7 027 000	10 224 000
Operating Profit	2 118 000	2 388 000	352 000	1 977 000
Financial Income	40 000	3 000	9 000	30 000
Financial Costs	4 000	6 000	9 000	4 000
Financial Balance	36 000	−3 000	0	26 000
Earnings Before Tax	2 155 000	2 385 000	352 000	2 003 000
Tax	529 000	500 000	103 000	442 000
Net Income	1 625 000	1 885 000	248 000	1 561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	94 000	113 000	203 000
Total Current Assets	7 022 000	8 745 000	5 853 000	6 078 000
Total Assets	7 051 000	8 839 000	5 966 000	6 281 000
Total Retained Equity	3 253 000	3 628 000	4 743 000	4 495 000
Total Equity	3 453 000	3 828 000	4 943 000	4 695 000
Total Long-Term Debt	0	40 000	0	30 000
Total Current Debt	3 598 000	4 971 000	1 022 000	1 556 000
Total Equity and Debt	7 051 000	8 839 000	5 966 000	6 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 727 000	11 205 000	7 378 000	12 202 000
Other Income	0	0	0	0
Revenue	11 727 000	11 205 000	7 378 000	12 202 000
Cost of Goods Sold	5 168 000	4 487 000	3 161 000	5 263 000
Salary Costs	3 130 000	3 112 000	2 712 000	3 468 000
Depreciation	65 000	69 000	90 000	169 000
Impairment	0	0	0	0
Expenditure	9 608 000	8 818 000	7 027 000	10 224 000
Operating Profit	2 118 000	2 388 000	352 000	1 977 000
Financial Income	40 000	3 000	9 000	30 000
Financial Costs	4 000	6 000	9 000	4 000
Financial Balance	36 000	−3 000	0	26 000
Dividends	2 000 000	3 000 000	0	0
Net Income	1 625 000	1 885 000	248 000	1 561 000

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	29 000	94 000	113 000	203 000
Total Tangible Assets	29 000	94 000	113 000	203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	94 000	113 000	203 000
Stock	1 569 000	1 895 000	1 342 000	1 609 000
Total Investments	0	0	0	0
Cash, Bank	2 107 000	5 497 000	2 107 000	3 096 000
Total Current Assets	7 022 000	8 745 000	5 853 000	6 078 000
Total Assets	7 051 000	8 839 000	5 966 000	6 281 000
Total Equity	3 453 000	3 828 000	4 943 000	4 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	40 000	0	30 000
Creditors	286 000	272 000	159 000	327 000
Unpaid Taxes	411 000	918 000	465 000	341 000
Dividends	2 000 000	3 000 000	0	0
Other Current Debt	332 000	321 000	265 000	365 000
Total Current Debt	3 598 000	4 971 000	1 022 000	1 556 000
Total Equity and Debt	7 051 000	8 839 000	5 966 000	6 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,06 %	49,24 %	5,02 %	33,25 %
Debt-to-Equity Ratio	0	0,01	0	0,01
Operating Profit Margin	18,06 %	21,31 %	4,77 %	16,2 %
Current Ratio	1,95	1,76	5,73	3,91
Quick Ratio	3,46	2,84	−18,29	−114,68
Equity Ratio	0,49	0,43	0,83	0,75
Gross Profit Margin	55,93 %	59,96 %	57,16 %	56,87 %