NORDEAGÅRDEN AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−17,41 %

Current Ratio

41,27

Debt-to-Equity Ratio

20,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 935 000	2 853 000	3 030 000	2 567 000
Net Income	−341 000	−1 122 000	−272 000	−901 000
Total Assets	41 615 000	42 090 000	42 770 000	43 856 000
Total Equity	1 959 000	2 299 000	3 421 000	3 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 935 000	2 853 000	3 030 000	2 567 000
Expenditure	1 535 000	2 288 000	1 662 000	2 023 000
Operating Profit	1 400 000	564 000	1 368 000	544 000
Financial Income	10 000	4 000	8 000	12 000
Financial Costs	1 847 000	2 007 000	1 725 000	1 711 000
Financial Balance	−1 837 000	−2 003 000	−1 717 000	−1 699 000
Earnings Before Tax	−437 000	−1 438 000	−349 000	−1 155 000
Tax	−96 000	−316 000	−77 000	−254 000
Net Income	−341 000	−1 122 000	−272 000	−901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 993 000	37 770 000	38 548 000	39 327 000
Total Current Assets	4 622 000	4 320 000	4 222 000	4 529 000
Total Assets	41 615 000	42 090 000	42 770 000	43 856 000
Total Retained Equity	0	0	0	0
Total Equity	1 959 000	2 299 000	3 421 000	3 693 000
Total Long-Term Debt	39 544 000	39 152 000	39 215 000	39 843 000
Total Current Debt	112 000	639 000	133 000	320 000
Total Equity and Debt	41 615 000	42 090 000	42 770 000	43 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 911 000	2 723 000	2 913 000	2 566 000
Other Income	24 000	130 000	117 000	1 000
Revenue	2 935 000	2 853 000	3 030 000	2 567 000
Cost of Goods Sold	−60 000	559 000	56 000	570 000
Salary Costs	0	0	0	0
Depreciation	777 000	777 000	780 000	757 000
Impairment	0	0	0	0
Expenditure	1 535 000	2 288 000	1 662 000	2 023 000
Operating Profit	1 400 000	564 000	1 368 000	544 000
Financial Income	10 000	4 000	8 000	12 000
Financial Costs	1 847 000	2 007 000	1 725 000	1 711 000
Financial Balance	−1 837 000	−2 003 000	−1 717 000	−1 699 000
Dividends	0	0	0	0
Net Income	−341 000	−1 122 000	−272 000	−901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 939 000	31 692 000	32 446 000	33 201 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 993 000	37 770 000	38 548 000	39 327 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 993 000	37 770 000	38 548 000	39 327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	131 000
Total Current Assets	4 622 000	4 320 000	4 222 000	4 529 000
Total Assets	41 615 000	42 090 000	42 770 000	43 856 000
Total Equity	1 959 000	2 299 000	3 421 000	3 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 544 000	39 152 000	39 215 000	39 843 000
Creditors	39 000	458 000	54 000	268 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	74 000	180 000	80 000	52 000
Total Current Debt	112 000	639 000	133 000	320 000
Total Equity and Debt	41 615 000	42 090 000	42 770 000	43 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,41 %	−48,8 %	−7,95 %	−24,4 %
Debt-to-Equity Ratio	20,19	17,03	11,46	10,79
Operating Profit Margin	47,7 %	19,77 %	45,15 %	21,19 %
Current Ratio	41,27	6,76	31,74	14,15
Quick Ratio	41,27	6,76	31,74	14,15
Equity Ratio	0,05	0,05	0,08	0,08
Gross Profit Margin	102,04 %	80,41 %	98,15 %	77,8 %