NORDVEST AS

6065 ULSTEINVIK

Finances

Return on Equity

14,42 %

Current Ratio

106,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 165 000	1 163 000	1 144 000	1 037 000
Net Income	4 429 000	4 801 000	4 947 000	3 530 000
Total Assets	30 956 000	26 471 000	21 681 000	16 721 000
Total Equity	30 717 000	26 287 000	21 486 000	16 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 165 000	1 163 000	1 144 000	1 037 000
Expenditure	366 000	407 000	384 000	386 000
Operating Profit	799 000	756 000	761 000	651 000
Financial Income	3 827 000	4 302 000	4 359 000	3 028 000
Financial Costs	15 000	90 000	0	0
Financial Balance	3 812 000	4 212 000	4 359 000	3 028 000
Earnings Before Tax	4 611 000	4 968 000	5 119 000	3 680 000
Tax	182 000	167 000	173 000	150 000
Net Income	4 429 000	4 801 000	4 947 000	3 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 446 000	5 685 000	6 011 000	6 254 000
Total Current Assets	25 510 000	20 786 000	15 671 000	10 467 000
Total Assets	30 956 000	26 471 000	21 681 000	16 721 000
Total Retained Equity	30 617 000	26 187 000	21 386 000	16 440 000
Total Equity	30 717 000	26 287 000	21 486 000	16 540 000
Total Long-Term Debt	0	0	7 000	16 000
Total Current Debt	239 000	184 000	189 000	165 000
Total Equity and Debt	30 956 000	26 471 000	21 681 000	16 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 144 000	1 037 000
Other Income	1 165 000	1 163 000	0	0
Revenue	1 165 000	1 163 000	1 144 000	1 037 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	239 000	241 000	243 000	243 000
Impairment	0	0	0	0
Expenditure	366 000	407 000	384 000	386 000
Operating Profit	799 000	756 000	761 000	651 000
Financial Income	3 827 000	4 302 000	4 359 000	3 028 000
Financial Costs	15 000	90 000	0	0
Financial Balance	3 812 000	4 212 000	4 359 000	3 028 000
Dividends	0	0	0	0
Net Income	4 429 000	4 801 000	4 947 000	3 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	5 000	0	0
Real Eastate	5 396 000	5 633 000	5 869 000	6 106 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	6 000	12 000
Total Tangible Assets	5 396 000	5 635 000	5 876 000	6 119 000
Total Fiancial Fixed Assets	30 000	45 000	135 000	135 000
Total Fixed Assets	5 446 000	5 685 000	6 011 000	6 254 000
Stock	0	0	0	0
Total Investments	14 500 000	14 500 000	9 000 000	0
Cash, Bank	7 069 000	1 909 000	2 226 000	7 380 000
Total Current Assets	25 510 000	20 786 000	15 671 000	10 467 000
Total Assets	30 956 000	26 471 000	21 681 000	16 721 000
Total Equity	30 717 000	26 287 000	21 486 000	16 540 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	16 000
Creditors	43 000	5 000	7 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	239 000	184 000	189 000	165 000
Total Equity and Debt	30 956 000	26 471 000	21 681 000	16 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,42 %	18,26 %	23,02 %	21,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,58 %	65 %	66,52 %	62,78 %
Current Ratio	106,74	112,97	82,92	63,44
Quick Ratio	106,74	112,97	82,92	63,44
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %