NORDISK UTVIKLING AS

8300 SVOLVÆR

Finances

Return on Equity

22,79 %

Current Ratio

0,54

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 374 000	2 243 000	1 952 000	1 511 000
Net Income	548 000	853 000	448 000	487 000
Total Assets	8 460 000	8 764 000	9 623 000	9 399 000
Total Equity	2 405 000	2 450 000	2 150 000	2 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 374 000	2 243 000	1 952 000	1 511 000
Expenditure	1 405 000	833 000	982 000	656 000
Operating Profit	970 000	1 410 000	970 000	855 000
Financial Income	2 000	0	0	1 000
Financial Costs	269 000	328 000	383 000	368 000
Financial Balance	−267 000	−328 000	−383 000	−367 000
Earnings Before Tax	703 000	1 082 000	586 000	487 000
Tax	155 000	229 000	138 000	0
Net Income	548 000	853 000	448 000	487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 053 000	8 150 000	9 620 000	8 077 000
Total Current Assets	406 000	614 000	2 000	1 322 000
Total Assets	8 460 000	8 764 000	9 623 000	9 399 000
Total Retained Equity	2 301 000	2 346 000	2 046 000	2 089 000
Total Equity	2 405 000	2 450 000	2 150 000	2 193 000
Total Long-Term Debt	5 308 000	5 680 000	5 967 000	6 169 000
Total Current Debt	746 000	633 000	1 506 000	1 037 000
Total Equity and Debt	8 460 000	8 764 000	9 623 000	9 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 374 000	1 814 000	1 479 000	1 511 000
Other Income	0	429 000	474 000	0
Revenue	2 374 000	2 243 000	1 952 000	1 511 000
Cost of Goods Sold	328 000	24 000	90 000	17 000
Salary Costs	0	0	0	0
Depreciation	160 000	139 000	160 000	157 000
Impairment	0	0	0	0
Expenditure	1 405 000	833 000	982 000	656 000
Operating Profit	970 000	1 410 000	970 000	855 000
Financial Income	2 000	0	0	1 000
Financial Costs	269 000	328 000	383 000	368 000
Financial Balance	−267 000	−328 000	−383 000	−367 000
Dividends	0	0	0	0
Net Income	548 000	853 000	448 000	487 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	203 000	0	0	0
Real Eastate	4 066 000	4 192 000	4 304 000	4 437 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	35 000	62 000	96 000
Total Tangible Assets	4 074 000	4 227 000	4 366 000	4 532 000
Total Fiancial Fixed Assets	3 776 000	3 923 000	5 255 000	3 545 000
Total Fixed Assets	8 053 000	8 150 000	9 620 000	8 077 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	614 000	0	0
Total Current Assets	406 000	614 000	2 000	1 322 000
Total Assets	8 460 000	8 764 000	9 623 000	9 399 000
Total Equity	2 405 000	2 450 000	2 150 000	2 193 000
Short-Term Group Debt	56 000	0	629 000	0
Total Long-Term Debt	5 308 000	5 680 000	5 967 000	6 169 000
Creditors	84 000	28 000	43 000	0
Unpaid Taxes	0	29 000	103 000	4 000
Dividends	0	0	0	0
Other Current Debt	144 000	576 000	603 000	532 000
Total Current Debt	746 000	633 000	1 506 000	1 037 000
Total Equity and Debt	8 460 000	8 764 000	9 623 000	9 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,79 %	34,82 %	20,84 %	22,21 %
Debt-to-Equity Ratio	2,21	2,32	2,78	2,81
Operating Profit Margin	40,86 %	62,86 %	49,69 %	56,59 %
Current Ratio	0,54	0,97	0	1,27
Quick Ratio	0,54	0,97	0	1,27
Equity Ratio	0,28	0,28	0,22	0,23
Gross Profit Margin	86,18 %	98,93 %	95,39 %	98,87 %