NORDVEST ELEKTRO DRIFT AS

6105 VOLDA

Finances

Share Ownership

Return on Equity

21,25 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 945 000	16 761 000	14 624 000	13 441 000
Net Income	962 000	2 241 000	1 365 000	1 176 000
Total Assets	9 438 000	11 942 000	9 400 000	7 661 000
Total Equity	4 528 000	4 526 000	4 580 000	4 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 945 000	16 761 000	14 624 000	13 441 000
Expenditure	17 854 000	13 994 000	12 901 000	11 947 000
Operating Profit	1 091 000	2 766 000	1 723 000	1 493 000
Financial Income	145 000	110 000	30 000	15 000
Financial Costs	0	0	2 000	1 000
Financial Balance	145 000	110 000	28 000	14 000
Earnings Before Tax	1 236 000	2 876 000	1 751 000	1 507 000
Tax	274 000	635 000	386 000	332 000
Net Income	962 000	2 241 000	1 365 000	1 176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 313 000	3 383 000	1 663 000	177 000
Total Current Assets	7 125 000	8 560 000	7 737 000	7 484 000
Total Assets	9 438 000	11 942 000	9 400 000	7 661 000
Total Retained Equity	4 423 000	4 421 000	4 475 000	4 473 000
Total Equity	4 528 000	4 526 000	4 580 000	4 578 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 910 000	7 416 000	4 820 000	3 084 000
Total Equity and Debt	9 438 000	11 942 000	9 400 000	7 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 945 000	16 761 000	14 624 000	13 441 000
Other Income	0	0	0	0
Revenue	18 945 000	16 761 000	14 624 000	13 441 000
Cost of Goods Sold	7 488 000	4 535 000	4 332 000	3 099 000
Salary Costs	7 676 000	7 354 000	6 462 000	6 473 000
Depreciation	56 000	46 000	52 000	52 000
Impairment	0	0	0	0
Expenditure	17 854 000	13 994 000	12 901 000	11 947 000
Operating Profit	1 091 000	2 766 000	1 723 000	1 493 000
Financial Income	145 000	110 000	30 000	15 000
Financial Costs	0	0	2 000	1 000
Financial Balance	145 000	110 000	28 000	14 000
Dividends	0	0	0	0
Net Income	962 000	2 241 000	1 365 000	1 176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	38 000	26 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	104 000	20 000	26 000	33 000
Fixtures	111 000	118 000	104 000	118 000
Total Tangible Assets	215 000	138 000	131 000	150 000
Total Fiancial Fixed Assets	2 064 000	3 207 000	1 507 000	0
Total Fixed Assets	2 313 000	3 383 000	1 663 000	177 000
Stock	2 835 000	2 483 000	1 758 000	1 577 000
Total Investments	0	0	0	0
Cash, Bank	2 162 000	4 060 000	3 068 000	3 847 000
Total Current Assets	7 125 000	8 560 000	7 737 000	7 484 000
Total Assets	9 438 000	11 942 000	9 400 000	7 661 000
Total Equity	4 528 000	4 526 000	4 580 000	4 578 000
Short-Term Group Debt	1 230 000	2 942 000	1 747 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 456 000	2 064 000	883 000	516 000
Unpaid Taxes	1 181 000	1 249 000	1 130 000	1 137 000
Dividends	0	0	0	0
Other Current Debt	1 043 000	1 162 000	1 060 000	1 102 000
Total Current Debt	4 910 000	7 416 000	4 820 000	3 084 000
Total Equity and Debt	9 438 000	11 942 000	9 400 000	7 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,25 %	49,51 %	29,8 %	25,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,76 %	16,5 %	11,78 %	11,11 %
Current Ratio	1,45	1,15	1,61	2,43
Quick Ratio	3,43	1,74	2,53	4,97
Equity Ratio	0,48	0,38	0,49	0,6
Gross Profit Margin	60,48 %	72,94 %	70,38 %	76,94 %