NORE SUNDE UTVIKLINGSSELSKAP AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

1,21 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 907 000	21 180 000	25 436 000	38 185 000
Net Income	284 000	1 079 000	1 142 000	2 064 000
Total Assets	183 350 000	152 533 000	166 064 000	172 307 000
Total Equity	23 560 000	9 236 000	8 157 000	7 015 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 907 000	21 180 000	25 436 000	38 185 000
Expenditure	6 542 000	19 797 000	23 971 000	35 539 000
Operating Profit	366 000	1 383 000	1 464 000	2 646 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	364 000	1 383 000	1 464 000	2 646 000
Tax	80 000	304 000	322 000	582 000
Net Income	284 000	1 079 000	1 142 000	2 064 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	183 350 000	152 533 000	166 064 000	172 307 000
Total Assets	183 350 000	152 533 000	166 064 000	172 307 000
Total Retained Equity	6 520 000	6 236 000	5 157 000	4 015 000
Total Equity	23 560 000	9 236 000	8 157 000	7 015 000
Total Long-Term Debt	27 915 000	12 474 000	42 170 000	41 848 000
Total Current Debt	131 875 000	130 822 000	115 736 000	123 444 000
Total Equity and Debt	183 350 000	152 533 000	166 064 000	172 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 574 000	20 859 000	25 209 000	38 152 000
Other Income	333 000	321 000	227 000	33 000
Revenue	6 907 000	21 180 000	25 436 000	38 185 000
Cost of Goods Sold	6 014 000	19 081 000	23 114 000	34 882 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 542 000	19 797 000	23 971 000	35 539 000
Operating Profit	366 000	1 383 000	1 464 000	2 646 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	284 000	1 079 000	1 142 000	2 064 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	162 893 000	151 392 000	165 397 000	171 338 000
Total Investments	0	0	0	0
Cash, Bank	0	1 141 000	667 000	742 000
Total Current Assets	183 350 000	152 533 000	166 064 000	172 307 000
Total Assets	183 350 000	152 533 000	166 064 000	172 307 000
Total Equity	23 560 000	9 236 000	8 157 000	7 015 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 915 000	12 474 000	42 170 000	41 848 000
Creditors	292 000	326 000	617 000	4 558 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 158 000	19 732 000	18 587 000	18 352 000
Total Current Debt	131 875 000	130 822 000	115 736 000	123 444 000
Total Equity and Debt	183 350 000	152 533 000	166 064 000	172 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,21 %	11,68 %	14 %	29,42 %
Debt-to-Equity Ratio	1,18	1,35	5,17	5,97
Operating Profit Margin	5,3 %	6,53 %	5,76 %	6,93 %
Current Ratio	1,39	1,17	1,43	1,4
Quick Ratio	−5,91	−7,42	−3,34	−3,6
Equity Ratio	0,13	0,06	0,05	0,04
Gross Profit Margin	12,93 %	9,91 %	9,13 %	8,65 %