NORDNES NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

1,89 %

Current Ratio

4,21

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 186 000	24 705 000	25 816 000	19 734 000
Net Income	236 000	2 023 000	1 633 000	496 000
Total Assets	18 342 000	18 521 000	17 655 000	14 230 000
Total Equity	12 512 000	12 776 000	11 253 000	10 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 186 000	24 705 000	25 816 000	19 734 000
Expenditure	22 804 000	22 041 000	23 691 000	19 077 000
Operating Profit	383 000	2 663 000	2 125 000	658 000
Financial Income	24 000	24 000	53 000	71 000
Financial Costs	105 000	94 000	85 000	92 000
Financial Balance	−81 000	−70 000	−32 000	−21 000
Earnings Before Tax	303 000	2 594 000	2 093 000	637 000
Tax	67 000	571 000	460 000	141 000
Net Income	236 000	2 023 000	1 633 000	496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 354 000	3 486 000	3 589 000	2 393 000
Total Current Assets	14 988 000	15 035 000	14 066 000	11 836 000
Total Assets	18 342 000	18 521 000	17 655 000	14 230 000
Total Retained Equity	12 412 000	12 676 000	11 153 000	10 020 000
Total Equity	12 512 000	12 776 000	11 253 000	10 120 000
Total Long-Term Debt	2 271 000	2 138 000	2 623 000	1 465 000
Total Current Debt	3 559 000	3 607 000	3 780 000	2 644 000
Total Equity and Debt	18 342 000	18 521 000	17 655 000	14 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 637 000	23 790 000	24 654 000	19 212 000
Other Income	550 000	915 000	1 162 000	522 000
Revenue	23 186 000	24 705 000	25 816 000	19 734 000
Cost of Goods Sold	7 538 000	7 600 000	7 911 000	6 137 000
Salary Costs	8 506 000	7 819 000	9 297 000	8 073 000
Depreciation	887 000	1 011 000	1 358 000	1 188 000
Impairment	0	0	0	0
Expenditure	22 804 000	22 041 000	23 691 000	19 077 000
Operating Profit	383 000	2 663 000	2 125 000	658 000
Financial Income	24 000	24 000	53 000	71 000
Financial Costs	105 000	94 000	85 000	92 000
Financial Balance	−81 000	−70 000	−32 000	−21 000
Dividends	0	0	0	0
Net Income	236 000	2 023 000	1 633 000	496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	44 000	113 000	137 000
Real Eastate	626 000	872 000	771 000	0
Machinery and Plant Facilities	310 000	484 000	1 009 000	1 011 000
Fixtures	1 608 000	967 000	1 423 000	1 111 000
Total Tangible Assets	2 543 000	2 323 000	3 202 000	2 121 000
Total Fiancial Fixed Assets	784 000	1 119 000	273 000	135 000
Total Fixed Assets	3 354 000	3 486 000	3 589 000	2 393 000
Stock	5 549 000	5 178 000	3 301 000	3 384 000
Total Investments	0	0	0	0
Cash, Bank	7 387 000	6 994 000	8 007 000	6 864 000
Total Current Assets	14 988 000	15 035 000	14 066 000	11 836 000
Total Assets	18 342 000	18 521 000	17 655 000	14 230 000
Total Equity	12 512 000	12 776 000	11 253 000	10 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 271 000	2 138 000	2 623 000	1 465 000
Creditors	1 444 000	609 000	1 108 000	798 000
Unpaid Taxes	1 292 000	1 328 000	1 289 000	819 000
Dividends	0	0	0	0
Other Current Debt	758 000	1 206 000	947 000	817 000
Total Current Debt	3 559 000	3 607 000	3 780 000	2 644 000
Total Equity and Debt	18 342 000	18 521 000	17 655 000	14 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,89 %	15,83 %	14,51 %	4,9 %
Debt-to-Equity Ratio	0,18	0,17	0,23	0,14
Operating Profit Margin	1,65 %	10,78 %	8,23 %	3,33 %
Current Ratio	4,21	4,17	3,72	4,48
Quick Ratio	−7,53	−9,57	29,37	−15,99
Equity Ratio	0,68	0,69	0,64	0,71
Gross Profit Margin	67,49 %	69,24 %	69,36 %	68,9 %