NEDRE NØTTVEIT EIENDOM AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

28,89 %

Current Ratio

4,29

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 714 000	1 874 000	1 763 000	1 780 000
Net Income	979 000	821 000	810 000	665 000
Total Assets	8 118 000	7 043 000	7 421 000	7 485 000
Total Equity	3 389 000	2 410 000	1 589 000	1 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 714 000	1 874 000	1 763 000	1 780 000
Expenditure	453 000	701 000	557 000	708 000
Operating Profit	1 261 000	1 173 000	1 206 000	1 071 000
Financial Income	5 000	0	0	1 000
Financial Costs	11 000	121 000	167 000	220 000
Financial Balance	−6 000	−121 000	−167 000	−219 000
Earnings Before Tax	1 255 000	1 052 000	1 039 000	852 000
Tax	276 000	231 000	229 000	188 000
Net Income	979 000	821 000	810 000	665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 259 000	6 429 000	6 563 000	6 756 000
Total Current Assets	1 860 000	614 000	858 000	729 000
Total Assets	8 118 000	7 043 000	7 421 000	7 485 000
Total Retained Equity	3 289 000	2 310 000	1 489 000	1 279 000
Total Equity	3 389 000	2 410 000	1 589 000	1 379 000
Total Long-Term Debt	4 296 000	4 284 000	4 978 000	5 639 000
Total Current Debt	434 000	350 000	855 000	467 000
Total Equity and Debt	8 118 000	7 043 000	7 421 000	7 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 714 000	1 874 000	1 763 000	1 780 000
Revenue	1 714 000	1 874 000	1 763 000	1 780 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	154 000	154 000	151 000	157 000
Impairment	0	0	0	0
Expenditure	453 000	701 000	557 000	708 000
Operating Profit	1 261 000	1 173 000	1 206 000	1 071 000
Financial Income	5 000	0	0	1 000
Financial Costs	11 000	121 000	167 000	220 000
Financial Balance	−6 000	−121 000	−167 000	−219 000
Dividends	0	0	600 000	250 000
Net Income	979 000	821 000	810 000	665 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	261 000	278 000	288 000	330 000
Real Eastate	5 997 000	6 152 000	6 275 000	6 426 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 997 000	6 152 000	6 275 000	6 426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 259 000	6 429 000	6 563 000	6 756 000
Stock	355 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 481 000	524 000	779 000	553 000
Total Current Assets	1 860 000	614 000	858 000	729 000
Total Assets	8 118 000	7 043 000	7 421 000	7 485 000
Total Equity	3 389 000	2 410 000	1 589 000	1 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 296 000	4 284 000	4 978 000	5 639 000
Creditors	111 000	30 000	9 000	4 000
Unpaid Taxes	28 000	10 000	0	0
Dividends	0	0	600 000	250 000
Other Current Debt	35 000	88 000	59 000	23 000
Total Current Debt	434 000	350 000	855 000	467 000
Total Equity and Debt	8 118 000	7 043 000	7 421 000	7 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,89 %	34,07 %	50,98 %	48,22 %
Debt-to-Equity Ratio	1,27	1,78	3,13	4,09
Operating Profit Margin	73,57 %	62,59 %	68,41 %	60,17 %
Current Ratio	4,29	1,75	1	1,56
Quick Ratio	23,54	1,75	1	1,56
Equity Ratio	0,42	0,34	0,21	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %