NORDSTRAND-VVS AS

6050 VALDERØYA

Finances

Share Ownership

Return on Equity

7,68 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 204 000	32 538 000	32 745 000	32 766 000
Net Income	527 000	529 000	379 000	371 000
Total Assets	11 944 000	12 887 000	11 893 000	13 601 000
Total Equity	6 858 000	6 800 000	6 271 000	5 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 204 000	32 538 000	32 745 000	32 766 000
Expenditure	26 261 000	32 533 000	32 881 000	32 089 000
Operating Profit	−271 000	765 000	598 000	603 000
Financial Income	897 000	21 000	23 000	1 000
Financial Costs	99 000	82 000	112 000	128 000
Financial Balance	798 000	−61 000	−89 000	−127 000
Earnings Before Tax	527 000	704 000	510 000	476 000
Tax	0	175 000	131 000	105 000
Net Income	527 000	529 000	379 000	371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	874 000	960 000	1 136 000
Total Current Assets	11 810 000	12 014 000	10 933 000	12 465 000
Total Assets	11 944 000	12 887 000	11 893 000	13 601 000
Total Retained Equity	6 358 000	6 300 000	5 771 000	5 392 000
Total Equity	6 858 000	6 800 000	6 271 000	5 892 000
Total Long-Term Debt	507 000	494 000	660 000	1 744 000
Total Current Debt	4 579 000	5 593 000	4 962 000	5 965 000
Total Equity and Debt	11 944 000	12 887 000	11 893 000	13 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 712 000	32 318 000	34 477 000	30 757 000
Other Income	493 000	220 000	−1 732 000	2 009 000
Revenue	27 204 000	32 538 000	32 745 000	32 766 000
Cost of Goods Sold	11 181 000	16 513 000	16 361 000	16 131 000
Salary Costs	10 883 000	11 714 000	12 041 000	11 295 000
Depreciation	66 000	98 000	213 000	219 000
Impairment	0	0	0	0
Expenditure	26 261 000	32 533 000	32 881 000	32 089 000
Operating Profit	−271 000	765 000	598 000	603 000
Financial Income	897 000	21 000	23 000	1 000
Financial Costs	99 000	82 000	112 000	128 000
Financial Balance	798 000	−61 000	−89 000	−127 000
Dividends	469 000	0	0	0
Net Income	527 000	529 000	379 000	371 000

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	113 000
Fixtures	134 000	186 000	258 000	306 000
Total Tangible Assets	134 000	235 000	321 000	498 000
Total Fiancial Fixed Assets	0	638 000	638 000	638 000
Total Fixed Assets	134 000	874 000	960 000	1 136 000
Stock	6 838 000	7 952 000	7 159 000	8 348 000
Total Investments	0	0	0	0
Cash, Bank	916 000	1 105 000	1 068 000	1 285 000
Total Current Assets	11 810 000	12 014 000	10 933 000	12 465 000
Total Assets	11 944 000	12 887 000	11 893 000	13 601 000
Total Equity	6 858 000	6 800 000	6 271 000	5 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	507 000	494 000	660 000	1 744 000
Creditors	2 185 000	3 021 000	2 227 000	3 943 000
Unpaid Taxes	1 171 000	1 137 000	1 320 000	840 000
Dividends	469 000	0	0	0
Other Current Debt	1 224 000	1 261 000	1 259 000	1 183 000
Total Current Debt	4 579 000	5 593 000	4 962 000	5 965 000
Total Equity and Debt	11 944 000	12 887 000	11 893 000	13 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,68 %	7,78 %	6,04 %	6,3 %
Debt-to-Equity Ratio	0,07	0,07	0,11	0,3
Operating Profit Margin	−1 %	2,35 %	1,83 %	1,84 %
Current Ratio	2,58	2,15	2,2	2,09
Quick Ratio	−5,23	−5,09	−4,98	−5,23
Equity Ratio	0,57	0,53	0,53	0,43
Gross Profit Margin	58,9 %	49,25 %	50,04 %	50,77 %