NORDIC RAIL AS

2406 ELVERUM

Finances

Return on Equity

28,05 %

Current Ratio

6,67

Debt-to-Equity Ratio

2,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 060 000	4 560 000	3 814 000	897 000
Net Income	1 611 000	1 384 000	457 000	−140 000
Total Assets	22 384 000	24 308 000	27 261 000	26 385 000
Total Equity	5 744 000	4 133 000	2 749 000	2 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 060 000	4 560 000	3 814 000	897 000
Expenditure	2 018 000	1 892 000	2 056 000	844 000
Operating Profit	3 042 000	2 668 000	1 758 000	53 000
Financial Income	15 000	129 000	18 000	9 000
Financial Costs	988 000	1 022 000	1 191 000	236 000
Financial Balance	−973 000	−893 000	−1 173 000	−227 000
Earnings Before Tax	2 069 000	1 775 000	585 000	−174 000
Tax	458 000	390 000	127 000	−34 000
Net Income	1 611 000	1 384 000	457 000	−140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 664 000	21 310 000	22 983 000	24 900 000
Total Current Assets	2 720 000	2 998 000	4 279 000	1 486 000
Total Assets	22 384 000	24 308 000	27 261 000	26 385 000
Total Retained Equity	4 744 000	3 133 000	1 749 000	1 291 000
Total Equity	5 744 000	4 133 000	2 749 000	2 291 000
Total Long-Term Debt	16 232 000	20 105 000	24 295 000	23 440 000
Total Current Debt	408 000	71 000	218 000	654 000
Total Equity and Debt	22 384 000	24 308 000	27 261 000	26 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 060 000	4 560 000	3 814 000	897 000
Other Income	0	0	0	0
Revenue	5 060 000	4 560 000	3 814 000	897 000
Cost of Goods Sold	255 000	0	120 000	0
Salary Costs	0	0	0	0
Depreciation	1 646 000	0	1 912 000	831 000
Impairment	0	0	0	0
Expenditure	2 018 000	1 892 000	2 056 000	844 000
Operating Profit	3 042 000	2 668 000	1 758 000	53 000
Financial Income	15 000	129 000	18 000	9 000
Financial Costs	988 000	1 022 000	1 191 000	236 000
Financial Balance	−973 000	−893 000	−1 173 000	−227 000
Dividends	0	0	0	0
Net Income	1 611 000	1 384 000	457 000	−140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 564 000	21 210 000	22 883 000	24 795 000
Fixtures	0	0	0	0
Total Tangible Assets	19 564 000	21 210 000	22 883 000	24 795 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	19 664 000	21 310 000	22 983 000	24 900 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	975 000	1 713 000	1 708 000	1 258 000
Total Current Assets	2 720 000	2 998 000	4 279 000	1 486 000
Total Assets	22 384 000	24 308 000	27 261 000	26 385 000
Total Equity	5 744 000	4 133 000	2 749 000	2 291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 232 000	20 105 000	24 295 000	23 440 000
Creditors	128 000	3 000	152 000	591 000
Unpaid Taxes	186 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	64 000	60 000	66 000	63 000
Total Current Debt	408 000	71 000	218 000	654 000
Total Equity and Debt	22 384 000	24 308 000	27 261 000	26 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,05 %	33,49 %	16,62 %	−6,11 %
Debt-to-Equity Ratio	2,83	4,86	8,84	10,23
Operating Profit Margin	60,12 %	58,51 %	46,09 %	5,91 %
Current Ratio	6,67	42,23	19,63	2,27
Quick Ratio	6,67	42,23	19,63	2,27
Equity Ratio	0,26	0,17	0,1	0,09
Gross Profit Margin	94,96 %	100 %	96,85 %	100 %