NORDVEST REDNING AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

45,6 %

Current Ratio

2,05

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 716 000	15 815 000	8 234 000	7 735 000
Net Income	1 748 000	837 000	179 000	−321 000
Total Assets	16 862 000	16 439 000	5 121 000	5 436 000
Total Equity	3 833 000	2 085 000	1 248 000	1 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 716 000	15 815 000	8 234 000	7 735 000
Expenditure	22 158 000	14 571 000	7 899 000	8 010 000
Operating Profit	2 559 000	1 245 000	335 000	−275 000
Financial Income	22 000	6 000	2 000	7 000
Financial Costs	340 000	178 000	107 000	144 000
Financial Balance	−318 000	−172 000	−105 000	−137 000
Earnings Before Tax	2 241 000	1 073 000	230 000	−411 000
Tax	493 000	236 000	51 000	−91 000
Net Income	1 748 000	837 000	179 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 887 000	9 495 000	3 007 000	3 460 000
Total Current Assets	7 975 000	6 944 000	2 114 000	1 976 000
Total Assets	16 862 000	16 439 000	5 121 000	5 436 000
Total Retained Equity	3 080 000	1 332 000	495 000	316 000
Total Equity	3 833 000	2 085 000	1 248 000	1 069 000
Total Long-Term Debt	9 132 000	7 223 000	2 174 000	2 913 000
Total Current Debt	3 897 000	7 130 000	1 699 000	1 454 000
Total Equity and Debt	16 862 000	16 439 000	5 121 000	5 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 714 000	15 627 000	8 208 000	7 548 000
Other Income	2 000	188 000	26 000	188 000
Revenue	24 716 000	15 815 000	8 234 000	7 735 000
Cost of Goods Sold	1 642 000	1 305 000	661 000	640 000
Salary Costs	10 724 000	7 017 000	3 665 000	3 557 000
Depreciation	2 259 000	1 493 000	1 120 000	1 083 000
Impairment	0	0	0	0
Expenditure	22 158 000	14 571 000	7 899 000	8 010 000
Operating Profit	2 559 000	1 245 000	335 000	−275 000
Financial Income	22 000	6 000	2 000	7 000
Financial Costs	340 000	178 000	107 000	144 000
Financial Balance	−318 000	−172 000	−105 000	−137 000
Dividends	0	0	0	0
Net Income	1 748 000	837 000	179 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 887 000	9 495 000	3 007 000	3 412 000
Total Tangible Assets	8 887 000	9 495 000	3 007 000	3 412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 887 000	9 495 000	3 007 000	3 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 626 000	4 080 000	1 222 000	613 000
Total Current Assets	7 975 000	6 944 000	2 114 000	1 976 000
Total Assets	16 862 000	16 439 000	5 121 000	5 436 000
Total Equity	3 833 000	2 085 000	1 248 000	1 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 132 000	7 223 000	2 174 000	2 913 000
Creditors	1 519 000	5 683 000	1 001 000	874 000
Unpaid Taxes	1 081 000	851 000	411 000	302 000
Dividends	0	0	0	0
Other Current Debt	907 000	596 000	287 000	278 000
Total Current Debt	3 897 000	7 130 000	1 699 000	1 454 000
Total Equity and Debt	16 862 000	16 439 000	5 121 000	5 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,6 %	40,14 %	14,34 %	−30,03 %
Debt-to-Equity Ratio	2,38	3,46	1,74	2,72
Operating Profit Margin	10,35 %	7,87 %	4,07 %	−3,56 %
Current Ratio	2,05	0,97	1,24	1,36
Quick Ratio	2,05	0,97	1,24	1,36
Equity Ratio	0,23	0,13	0,24	0,2
Gross Profit Margin	93,36 %	91,75 %	91,97 %	91,73 %