NORDVENDT INVEST AS

6280 SØVIK

Finances

Return on Equity

0,98 %

Current Ratio

3,31

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 000	0	37 000	2 851 000
Net Income	−223 000	−1 377 000	−895 000	−257 000
Total Assets	950 000	201 000	875 000	2 140 000
Total Equity	−22 701 000	−22 646 000	−21 270 000	−20 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 000	0	37 000	2 851 000
Expenditure	66 000	48 000	267 000	2 373 000
Operating Profit	266 000	−48 000	−229 000	479 000
Financial Income	241 000	0	0	26 000
Financial Costs	729 000	1 329 000	666 000	763 000
Financial Balance	−488 000	−1 329 000	−666 000	−737 000
Earnings Before Tax	−223 000	−1 377 000	−895 000	−258 000
Tax	0	0	0	−1 000
Net Income	−223 000	−1 377 000	−895 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	30 000	37 000	416 000
Total Current Assets	860 000	171 000	839 000	1 723 000
Total Assets	950 000	201 000	875 000	2 140 000
Total Retained Equity	−24 103 000	−24 048 000	−22 671 000	−21 776 000
Total Equity	−22 701 000	−22 646 000	−21 270 000	−20 375 000
Total Long-Term Debt	23 391 000	22 786 000	22 093 000	21 695 000
Total Current Debt	260 000	61 000	52 000	820 000
Total Equity and Debt	950 000	201 000	875 000	2 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 000	0	37 000	2 851 000
Other Income	0	0	0	0
Revenue	332 000	0	37 000	2 851 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−30 000	166 000	2 003 000
Depreciation	0	7 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	66 000	48 000	267 000	2 373 000
Operating Profit	266 000	−48 000	−229 000	479 000
Financial Income	241 000	0	0	26 000
Financial Costs	729 000	1 329 000	666 000	763 000
Financial Balance	−488 000	−1 329 000	−666 000	−737 000
Dividends	0	0	0	0
Net Income	−223 000	−1 377 000	−895 000	−257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	16 000
Total Tangible Assets	0	0	7 000	16 000
Total Fiancial Fixed Assets	90 000	30 000	30 000	400 000
Total Fixed Assets	90 000	30 000	37 000	416 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	2 000	10 000	5 000
Total Current Assets	860 000	171 000	839 000	1 723 000
Total Assets	950 000	201 000	875 000	2 140 000
Total Equity	−22 701 000	−22 646 000	−21 270 000	−20 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 391 000	22 786 000	22 093 000	21 695 000
Creditors	3 000	61 000	39 000	242 000
Unpaid Taxes	53 000	0	2 000	287 000
Dividends	0	0	0	0
Other Current Debt	205 000	0	11 000	291 000
Total Current Debt	260 000	61 000	52 000	820 000
Total Equity and Debt	950 000	201 000	875 000	2 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,98 %	6,08 %	4,21 %	1,26 %
Debt-to-Equity Ratio	−1,03	−1,01	−1,04	−1,06
Operating Profit Margin	80,12 %	-	−618,92 %	16,8 %
Current Ratio	3,31	2,8	16,13	2,1
Quick Ratio	3,31	2,8	16,13	2,1
Equity Ratio	−23,9	−112,67	−24,31	−9,52
Gross Profit Margin	100 %	-	100 %	100 %