NORDHAGEN FINANS AS

5067 BERGEN

Finances

Return on Equity

3,34 %

Current Ratio

189,06

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 824 000	441 000	336 000	348 000
Net Income	1 840 000	6 437 000	3 705 000	3 082 000
Total Assets	58 440 000	70 932 000	69 909 000	67 370 000
Total Equity	55 054 000	60 614 000	58 970 000	56 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 824 000	441 000	336 000	348 000
Expenditure	−379 000	898 000	470 000	1 048 000
Operating Profit	3 203 000	−457 000	−134 000	−700 000
Financial Income	1 095 000	9 666 000	4 767 000	5 230 000
Financial Costs	2 459 000	2 909 000	915 000	1 765 000
Financial Balance	−1 364 000	6 757 000	3 852 000	3 465 000
Earnings Before Tax	1 840 000	6 300 000	3 719 000	2 765 000
Tax	0	−136 000	13 000	−317 000
Net Income	1 840 000	6 437 000	3 705 000	3 082 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	775 000	17 695 000	51 202 000	48 998 000
Total Current Assets	57 664 000	53 237 000	18 708 000	18 372 000
Total Assets	58 440 000	70 932 000	69 909 000	67 370 000
Total Retained Equity	54 942 000	60 502 000	58 858 000	56 703 000
Total Equity	55 054 000	60 614 000	58 970 000	56 815 000
Total Long-Term Debt	3 081 000	10 138 000	10 401 000	10 512 000
Total Current Debt	305 000	180 000	538 000	44 000
Total Equity and Debt	58 440 000	70 932 000	69 909 000	67 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 000	95 000	0	0
Other Income	2 682 000	345 000	336 000	348 000
Revenue	2 824 000	441 000	336 000	348 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	34 000	0	0
Depreciation	100 000	102 000	0	0
Impairment	0	0	0	0
Expenditure	−379 000	898 000	470 000	1 048 000
Operating Profit	3 203 000	−457 000	−134 000	−700 000
Financial Income	1 095 000	9 666 000	4 767 000	5 230 000
Financial Costs	2 459 000	2 909 000	915 000	1 765 000
Financial Balance	−1 364 000	6 757 000	3 852 000	3 465 000
Dividends	7 400 000	0	0	0
Net Income	1 840 000	6 437 000	3 705 000	3 082 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	16 849 000	16 849 000	16 849 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	552 000	652 000	33 000	33 000
Total Tangible Assets	552 000	17 502 000	16 882 000	16 882 000
Total Fiancial Fixed Assets	223 000	193 000	34 319 000	32 116 000
Total Fixed Assets	775 000	17 695 000	51 202 000	48 998 000
Stock	0	0	0	0
Total Investments	54 638 000	52 225 000	15 882 000	0
Cash, Bank	2 961 000	857 000	2 789 000	18 335 000
Total Current Assets	57 664 000	53 237 000	18 708 000	18 372 000
Total Assets	58 440 000	70 932 000	69 909 000	67 370 000
Total Equity	55 054 000	60 614 000	58 970 000	56 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 081 000	10 138 000	10 401 000	10 512 000
Creditors	12 000	2 000	14 000	21 000
Unpaid Taxes	173 000	13 000	0	0
Dividends	7 400 000	0	0	0
Other Current Debt	120 000	34 000	153 000	22 000
Total Current Debt	305 000	180 000	538 000	44 000
Total Equity and Debt	58 440 000	70 932 000	69 909 000	67 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,34 %	10,62 %	6,28 %	5,42 %
Debt-to-Equity Ratio	0,06	0,17	0,18	0,19
Operating Profit Margin	113,42 %	−103,63 %	−39,88 %	−201,15 %
Current Ratio	189,06	295,76	34,77	417,55
Quick Ratio	189,06	295,76	34,77	417,55
Equity Ratio	0,94	0,85	0,84	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %