NORDNES INDUSTRI OG MEKANISKE AS

6040 VIGRA

Finances

Share Ownership

Return on Equity

7,37 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 270 000	8 623 000	17 300 000	12 032 000
Net Income	76 000	−1 385 000	1 844 000	1 435 000
Total Assets	4 722 000	9 219 000	10 937 000	8 650 000
Total Equity	1 031 000	955 000	2 341 000	3 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 270 000	8 623 000	17 300 000	12 032 000
Expenditure	12 061 000	10 532 000	15 096 000	10 430 000
Operating Profit	209 000	−1 909 000	2 204 000	1 602 000
Financial Income	174 000	160 000	171 000	241 000
Financial Costs	285 000	28 000	8 000	1 000
Financial Balance	−111 000	132 000	163 000	240 000
Earnings Before Tax	97 000	−1 776 000	2 367 000	1 843 000
Tax	22 000	−391 000	524 000	407 000
Net Income	76 000	−1 385 000	1 844 000	1 435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	744 000	852 000	946 000	614 000
Total Current Assets	3 978 000	8 367 000	9 991 000	8 036 000
Total Assets	4 722 000	9 219 000	10 937 000	8 650 000
Total Retained Equity	76 000	0	241 000	3 844 000
Total Equity	1 031 000	955 000	2 341 000	3 944 000
Total Long-Term Debt	0	0	367 000	1 380 000
Total Current Debt	3 691 000	8 263 000	8 229 000	3 326 000
Total Equity and Debt	4 722 000	9 219 000	10 937 000	8 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 270 000	8 594 000	17 300 000	12 032 000
Other Income	0	29 000	0	0
Revenue	12 270 000	8 623 000	17 300 000	12 032 000
Cost of Goods Sold	4 386 000	3 812 000	9 499 000	4 410 000
Salary Costs	4 437 000	3 683 000	2 849 000	3 590 000
Depreciation	205 000	222 000	157 000	80 000
Impairment	0	0	0	0
Expenditure	12 061 000	10 532 000	15 096 000	10 430 000
Operating Profit	209 000	−1 909 000	2 204 000	1 602 000
Financial Income	174 000	160 000	171 000	241 000
Financial Costs	285 000	28 000	8 000	1 000
Financial Balance	−111 000	132 000	163 000	240 000
Dividends	0	0	0	0
Net Income	76 000	−1 385 000	1 844 000	1 435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	24 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	228 000	295 000	510 000	179 000
Total Tangible Assets	228 000	295 000	510 000	179 000
Total Fiancial Fixed Assets	514 000	534 000	436 000	436 000
Total Fixed Assets	744 000	852 000	946 000	614 000
Stock	154 000	146 000	499 000	1 627 000
Total Investments	0	0	0	0
Cash, Bank	1 444 000	424 000	2 307 000	133 000
Total Current Assets	3 978 000	8 367 000	9 991 000	8 036 000
Total Assets	4 722 000	9 219 000	10 937 000	8 650 000
Total Equity	1 031 000	955 000	2 341 000	3 944 000
Short-Term Group Debt	1 970 000	6 617 000	6 984 000	1 435 000
Total Long-Term Debt	0	0	367 000	1 380 000
Creditors	867 000	703 000	470 000	1 206 000
Unpaid Taxes	395 000	628 000	538 000	262 000
Dividends	0	0	0	0
Other Current Debt	460 000	315 000	237 000	315 000
Total Current Debt	3 691 000	8 263 000	8 229 000	3 326 000
Total Equity and Debt	4 722 000	9 219 000	10 937 000	8 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,37 %	−145,03 %	78,77 %	36,38 %
Debt-to-Equity Ratio	0	0	0,16	0,35
Operating Profit Margin	1,7 %	−22,14 %	12,74 %	13,31 %
Current Ratio	1,08	1,01	1,21	2,42
Quick Ratio	1,12	1,03	1,29	4,73
Equity Ratio	0,22	0,1	0,21	0,46
Gross Profit Margin	64,25 %	55,79 %	45,09 %	63,35 %