NORDIC POWER TORSNES AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

9,41 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 950 000	4 542 000	4 651 000	6 671 000
Net Income	7 839 000	−403 000	−98 000	99 000
Total Assets	103 953 000	86 544 000	82 743 000	83 996 000
Total Equity	83 344 000	78 763 000	79 166 000	79 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 950 000	4 542 000	4 651 000	6 671 000
Expenditure	7 937 000	5 069 000	4 792 000	6 646 000
Operating Profit	10 013 000	−527 000	−140 000	25 000
Financial Income	40 000	11 000	15 000	105 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	38 000	10 000	15 000	104 000
Earnings Before Tax	10 050 000	−517 000	−126 000	129 000
Tax	2 211 000	−114 000	−28 000	30 000
Net Income	7 839 000	−403 000	−98 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 666 000	73 907 000	75 360 000	76 612 000
Total Current Assets	31 287 000	12 637 000	7 383 000	7 384 000
Total Assets	103 953 000	86 544 000	82 743 000	83 996 000
Total Retained Equity	5 943 000	1 362 000	1 765 000	1 863 000
Total Equity	83 344 000	78 763 000	79 166 000	79 264 000
Total Long-Term Debt	2 350 000	1 052 000	1 166 000	1 193 000
Total Current Debt	18 259 000	6 729 000	2 411 000	3 539 000
Total Equity and Debt	103 953 000	86 544 000	82 743 000	83 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 950 000	4 542 000	4 651 000	6 671 000
Other Income	0	0	0	0
Revenue	17 950 000	4 542 000	4 651 000	6 671 000
Cost of Goods Sold	1 593 000	1 108 000	199 000	181 000
Salary Costs	0	0	0	0
Depreciation	1 241 000	1 253 000	1 253 000	1 253 000
Impairment	0	0	0	0
Expenditure	7 937 000	5 069 000	4 792 000	6 646 000
Operating Profit	10 013 000	−527 000	−140 000	25 000
Financial Income	40 000	11 000	15 000	105 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	38 000	10 000	15 000	104 000
Dividends	22 000	0	0	0
Net Income	7 839 000	−403 000	−98 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 666 000	73 907 000	75 360 000	76 612 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	72 666 000	73 907 000	75 360 000	76 612 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 666 000	73 907 000	75 360 000	76 612 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 471 000	7 522 000	755 000	2 125 000
Total Current Assets	31 287 000	12 637 000	7 383 000	7 384 000
Total Assets	103 953 000	86 544 000	82 743 000	83 996 000
Total Equity	83 344 000	78 763 000	79 166 000	79 264 000
Short-Term Group Debt	15 544 000	5 798 000	1 964 000	2 551 000
Total Long-Term Debt	2 350 000	1 052 000	1 166 000	1 193 000
Creditors	189 000	128 000	137 000	186 000
Unpaid Taxes	57 000	0	0	0
Dividends	22 000	0	0	0
Other Current Debt	2 447 000	803 000	311 000	802 000
Total Current Debt	18 259 000	6 729 000	2 411 000	3 539 000
Total Equity and Debt	103 953 000	86 544 000	82 743 000	83 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,41 %	−0,51 %	−0,12 %	0,12 %
Debt-to-Equity Ratio	0,03	0,01	0,01	0,02
Operating Profit Margin	55,78 %	−11,6 %	−3,01 %	0,37 %
Current Ratio	1,71	1,88	3,06	2,09
Quick Ratio	1,71	1,88	3,06	2,09
Equity Ratio	0,8	0,91	0,96	0,94
Gross Profit Margin	91,13 %	75,61 %	95,72 %	97,29 %