NORDVEST ENGINEERING AS

6510 KRISTIANSUND N

Finances

Return on Equity

2,61 %

Current Ratio

10,02

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 029 000	4 707 000	3 489 000	2 691 000
Net Income	316 000	1 647 000	1 034 000	882 000
Total Assets	20 497 000	21 646 000	13 108 000	11 951 000
Total Equity	12 125 000	11 809 000	10 162 000	9 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 029 000	4 707 000	3 489 000	2 691 000
Expenditure	2 170 000	2 666 000	2 610 000	1 991 000
Operating Profit	1 859 000	2 041 000	879 000	700 000
Financial Income	112 000	828 000	457 000	545 000
Financial Costs	1 301 000	792 000	107 000	206 000
Financial Balance	−1 189 000	36 000	350 000	339 000
Earnings Before Tax	670 000	2 076 000	1 229 000	1 038 000
Tax	354 000	430 000	195 000	156 000
Net Income	316 000	1 647 000	1 034 000	882 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 634 000	15 706 000	8 597 000	5 086 000
Total Current Assets	5 863 000	5 940 000	4 512 000	6 864 000
Total Assets	20 497 000	21 646 000	13 108 000	11 951 000
Total Retained Equity	12 070 000	11 754 000	10 108 000	9 074 000
Total Equity	12 125 000	11 809 000	10 162 000	9 128 000
Total Long-Term Debt	7 788 000	8 010 000	2 166 000	2 246 000
Total Current Debt	585 000	1 827 000	780 000	577 000
Total Equity and Debt	20 497 000	21 646 000	13 108 000	11 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 187 000	3 500 000	3 157 000	2 457 000
Other Income	842 000	1 207 000	332 000	234 000
Revenue	4 029 000	4 707 000	3 489 000	2 691 000
Cost of Goods Sold	50 000	0	0	0
Salary Costs	878 000	756 000	757 000	912 000
Depreciation	636 000	933 000	623 000	553 000
Impairment	0	0	0	0
Expenditure	2 170 000	2 666 000	2 610 000	1 991 000
Operating Profit	1 859 000	2 041 000	879 000	700 000
Financial Income	112 000	828 000	457 000	545 000
Financial Costs	1 301 000	792 000	107 000	206 000
Financial Balance	−1 189 000	36 000	350 000	339 000
Dividends	0	0	0	0
Net Income	316 000	1 647 000	1 034 000	882 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	65 000	37 000	0
Real Eastate	13 712 000	14 320 000	6 102 000	3 665 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	32 000	476 000	630 000
Total Tangible Assets	13 737 000	14 352 000	6 578 000	4 295 000
Total Fiancial Fixed Assets	819 000	1 289 000	1 982 000	792 000
Total Fixed Assets	14 634 000	15 706 000	8 597 000	5 086 000
Stock	0	0	0	0
Total Investments	3 071 000	3 588 000	3 162 000	3 735 000
Cash, Bank	2 341 000	1 363 000	444 000	2 704 000
Total Current Assets	5 863 000	5 940 000	4 512 000	6 864 000
Total Assets	20 497 000	21 646 000	13 108 000	11 951 000
Total Equity	12 125 000	11 809 000	10 162 000	9 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 788 000	8 010 000	2 166 000	2 246 000
Creditors	9 000	5 000	246 000	2 000
Unpaid Taxes	122 000	237 000	216 000	262 000
Dividends	0	0	0	0
Other Current Debt	88 000	1 128 000	74 000	87 000
Total Current Debt	585 000	1 827 000	780 000	577 000
Total Equity and Debt	20 497 000	21 646 000	13 108 000	11 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	13,95 %	10,18 %	9,66 %
Debt-to-Equity Ratio	0,64	0,68	0,21	0,25
Operating Profit Margin	46,14 %	43,36 %	25,19 %	26,01 %
Current Ratio	10,02	3,25	5,78	11,9
Quick Ratio	10,02	3,25	5,78	11,9
Equity Ratio	0,59	0,55	0,78	0,76
Gross Profit Margin	98,76 %	100 %	100 %	100 %