NEDREVÅG AS

5780 KINSARVIK

Finances

Return on Equity

5,55 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 462 000	28 602 000	40 696 000	31 981 000
Net Income	378 000	710 000	1 701 000	−1 615 000
Total Assets	17 175 000	13 106 000	14 841 000	12 930 000
Total Equity	6 811 000	6 433 000	5 724 000	4 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 462 000	28 602 000	40 696 000	31 981 000
Expenditure	31 981 000	27 724 000	38 412 000	34 023 000
Operating Profit	521 000	881 000	2 284 000	−2 043 000
Financial Income	143 000	179 000	177 000	161 000
Financial Costs	189 000	170 000	260 000	197 000
Financial Balance	−46 000	9 000	−83 000	−36 000
Earnings Before Tax	475 000	890 000	2 201 000	−2 078 000
Tax	97 000	181 000	500 000	−463 000
Net Income	378 000	710 000	1 701 000	−1 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 268 000	3 467 000	3 571 000	4 282 000
Total Current Assets	11 907 000	9 640 000	11 270 000	8 648 000
Total Assets	17 175 000	13 106 000	14 841 000	12 930 000
Total Retained Equity	5 211 000	4 833 000	4 124 000	2 423 000
Total Equity	6 811 000	6 433 000	5 724 000	4 023 000
Total Long-Term Debt	3 608 000	1 957 000	2 646 000	2 232 000
Total Current Debt	6 756 000	4 716 000	6 471 000	6 675 000
Total Equity and Debt	17 175 000	13 106 000	14 841 000	12 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 401 000	28 518 000	40 684 000	31 754 000
Other Income	61 000	84 000	12 000	226 000
Revenue	32 462 000	28 602 000	40 696 000	31 981 000
Cost of Goods Sold	17 922 000	14 294 000	24 933 000	19 932 000
Salary Costs	9 936 000	9 480 000	10 135 000	10 918 000
Depreciation	160 000	176 000	213 000	197 000
Impairment	0	0	0	0
Expenditure	31 981 000	27 724 000	38 412 000	34 023 000
Operating Profit	521 000	881 000	2 284 000	−2 043 000
Financial Income	143 000	179 000	177 000	161 000
Financial Costs	189 000	170 000	260 000	197 000
Financial Balance	−46 000	9 000	−83 000	−36 000
Dividends	0	0	0	0
Net Income	378 000	710 000	1 701 000	−1 615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 104 000	0	0	0
Fixtures	836 000	844 000	955 000	1 156 000
Total Tangible Assets	2 940 000	844 000	955 000	1 156 000
Total Fiancial Fixed Assets	2 328 000	2 622 000	2 615 000	2 626 000
Total Fixed Assets	5 268 000	3 467 000	3 571 000	4 282 000
Stock	4 673 000	4 515 000	2 949 000	2 318 000
Total Investments	56 000	8 000	91 000	35 000
Cash, Bank	368 000	351 000	337 000	412 000
Total Current Assets	11 907 000	9 640 000	11 270 000	8 648 000
Total Assets	17 175 000	13 106 000	14 841 000	12 930 000
Total Equity	6 811 000	6 433 000	5 724 000	4 023 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 608 000	1 957 000	2 646 000	2 232 000
Creditors	2 572 000	1 691 000	2 366 000	3 607 000
Unpaid Taxes	1 139 000	1 369 000	1 620 000	860 000
Dividends	0	0	0	0
Other Current Debt	2 970 000	1 496 000	2 485 000	2 208 000
Total Current Debt	6 756 000	4 716 000	6 471 000	6 675 000
Total Equity and Debt	17 175 000	13 106 000	14 841 000	12 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,55 %	11,04 %	29,72 %	−40,14 %
Debt-to-Equity Ratio	0,53	0,3	0,46	0,55
Operating Profit Margin	1,6 %	3,08 %	5,61 %	−6,39 %
Current Ratio	1,76	2,04	1,74	1,3
Quick Ratio	5,72	47,96	3,2	1,98
Equity Ratio	0,4	0,49	0,39	0,31
Gross Profit Margin	44,79 %	50,02 %	38,73 %	37,68 %