NORDIC GROUP HOLDING AS

5015 BERGEN

Finances

Return on Equity

3,59 %

Current Ratio

8,48

Debt-to-Equity Ratio

7,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	170 834 000	119 374 000	41 743 000	42 272 000
Net Income	4 073 000	4 663 000	4 880 000	4 183 000
Total Assets	1 040 526 000	1 032 787 000	1 035 107 000	921 693 000
Total Equity	113 594 000	109 521 000	109 857 000	118 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	170 834 000	119 374 000	41 743 000	42 272 000
Expenditure	166 868 000	112 986 000	35 440 000	41 206 000
Operating Profit	3 967 000	6 388 000	6 303 000	1 066 000
Financial Income	719 000	703 000	521 000	920 000
Financial Costs	1 220 000	859 000	1 031 000	1 373 000
Financial Balance	−501 000	−156 000	−510 000	−453 000
Earnings Before Tax	3 465 000	6 232 000	5 793 000	613 000
Tax	−608 000	1 568 000	913 000	−3 570 000
Net Income	4 073 000	4 663 000	4 880 000	4 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	570 050 000	541 704 000	478 907 000	437 276 000
Total Current Assets	470 476 000	491 083 000	556 200 000	484 417 000
Total Assets	1 040 526 000	1 032 787 000	1 035 107 000	921 693 000
Total Retained Equity	103 374 000	99 301 000	99 637 000	107 895 000
Total Equity	113 594 000	109 521 000	109 857 000	118 115 000
Total Long-Term Debt	871 483 000	861 510 000	869 391 000	743 833 000
Total Current Debt	55 450 000	61 756 000	55 858 000	59 745 000
Total Equity and Debt	1 040 526 000	1 032 787 000	1 035 107 000	921 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 811 000	103 283 000	41 743 000	42 272 000
Other Income	17 023 000	16 090 000	0	0
Revenue	170 834 000	119 374 000	41 743 000	42 272 000
Cost of Goods Sold	144 736 000	91 535 000	17 326 000	22 171 000
Salary Costs	6 671 000	7 643 000	6 479 000	8 411 000
Depreciation	1 991 000	2 173 000	2 154 000	1 481 000
Impairment	0	0	0	0
Expenditure	166 868 000	112 986 000	35 440 000	41 206 000
Operating Profit	3 967 000	6 388 000	6 303 000	1 066 000
Financial Income	719 000	703 000	521 000	920 000
Financial Costs	1 220 000	859 000	1 031 000	1 373 000
Financial Balance	−501 000	−156 000	−510 000	−453 000
Dividends	0	5 000 000	0	0
Net Income	4 073 000	4 663 000	4 880 000	4 183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	544 704 000	515 028 000	451 145 000	408 213 000
Machinery and Plant Facilities	137 000	569 000	4 952 000	6 253 000
Fixtures	2 399 000	3 297 000	0	0
Total Tangible Assets	547 239 000	518 894 000	456 097 000	414 466 000
Total Fiancial Fixed Assets	22 810 000	22 810 000	22 810 000	22 810 000
Total Fixed Assets	570 050 000	541 704 000	478 907 000	437 276 000
Stock	333 607 000	373 257 000	436 333 000	360 343 000
Total Investments	0	0	0	0
Cash, Bank	69 644 000	84 621 000	73 096 000	94 140 000
Total Current Assets	470 476 000	491 083 000	556 200 000	484 417 000
Total Assets	1 040 526 000	1 032 787 000	1 035 107 000	921 693 000
Total Equity	113 594 000	109 521 000	109 857 000	118 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	871 483 000	861 510 000	869 391 000	743 833 000
Creditors	5 025 000	7 580 000	11 309 000	8 513 000
Unpaid Taxes	2 095 000	2 923 000	2 662 000	3 156 000
Dividends	0	5 000 000	0	0
Other Current Debt	48 330 000	51 252 000	41 887 000	48 075 000
Total Current Debt	55 450 000	61 756 000	55 858 000	59 745 000
Total Equity and Debt	1 040 526 000	1 032 787 000	1 035 107 000	921 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,59 %	4,26 %	4,44 %	3,54 %
Debt-to-Equity Ratio	7,67	7,87	7,91	6,3
Operating Profit Margin	2,32 %	5,35 %	15,1 %	2,52 %
Current Ratio	8,48	7,95	9,96	8,11
Quick Ratio	−1,69	−1,58	−1,46	−1,61
Equity Ratio	0,11	0,11	0,11	0,13
Gross Profit Margin	15,28 %	23,32 %	58,49 %	47,55 %