NORDFJORD VEGSERVICE AS

6776 KJØLSDALEN

Finances

Share Ownership

Return on Equity

26,42 %

Current Ratio

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 042 000	24 883 000	18 390 000	11 377 000
Net Income	1 515 000	1 245 000	1 028 000	743 000
Total Assets	10 466 000	8 881 000	5 895 000	3 954 000
Total Equity	5 734 000	4 218 000	2 973 000	1 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 042 000	24 883 000	18 390 000	11 377 000
Expenditure	24 129 000	23 309 000	17 075 000	10 416 000
Operating Profit	1 912 000	1 575 000	1 315 000	961 000
Financial Income	33 000	27 000	21 000	19 000
Financial Costs	2 000	4 000	9 000	27 000
Financial Balance	31 000	23 000	12 000	−8 000
Earnings Before Tax	1 944 000	1 597 000	1 327 000	953 000
Tax	428 000	352 000	299 000	210 000
Net Income	1 515 000	1 245 000	1 028 000	743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 885 000	1 890 000	822 000	505 000
Total Current Assets	8 581 000	6 991 000	5 073 000	3 449 000
Total Assets	10 466 000	8 881 000	5 895 000	3 954 000
Total Retained Equity	5 634 000	4 118 000	2 873 000	1 845 000
Total Equity	5 734 000	4 218 000	2 973 000	1 945 000
Total Long-Term Debt	449 000	341 000	197 000	525 000
Total Current Debt	4 283 000	4 322 000	2 725 000	1 484 000
Total Equity and Debt	10 466 000	8 881 000	5 895 000	3 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 883 000	23 824 000	17 867 000	11 377 000
Other Income	1 159 000	1 059 000	523 000	0
Revenue	26 042 000	24 883 000	18 390 000	11 377 000
Cost of Goods Sold	9 706 000	10 296 000	6 260 000	3 754 000
Salary Costs	5 984 000	6 054 000	5 868 000	2 915 000
Depreciation	531 000	477 000	231 000	127 000
Impairment	0	0	0	0
Expenditure	24 129 000	23 309 000	17 075 000	10 416 000
Operating Profit	1 912 000	1 575 000	1 315 000	961 000
Financial Income	33 000	27 000	21 000	19 000
Financial Costs	2 000	4 000	9 000	27 000
Financial Balance	31 000	23 000	12 000	−8 000
Dividends	0	0	0	0
Net Income	1 515 000	1 245 000	1 028 000	743 000

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	1 846 000	1 835 000	722 000	479 000
Total Tangible Assets	1 846 000	1 835 000	722 000	479 000
Total Fiancial Fixed Assets	39 000	55 000	100 000	26 000
Total Fixed Assets	1 885 000	1 890 000	822 000	505 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	820 000	1 503 000	1 782 000	2 073 000
Total Current Assets	8 581 000	6 991 000	5 073 000	3 449 000
Total Assets	10 466 000	8 881 000	5 895 000	3 954 000
Total Equity	5 734 000	4 218 000	2 973 000	1 945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	449 000	341 000	197 000	525 000
Creditors	2 401 000	2 617 000	927 000	183 000
Unpaid Taxes	309 000	946 000	723 000	748 000
Dividends	0	0	0	0
Other Current Debt	1 252 000	551 000	834 000	304 000
Total Current Debt	4 283 000	4 322 000	2 725 000	1 484 000
Total Equity and Debt	10 466 000	8 881 000	5 895 000	3 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,42 %	29,52 %	34,58 %	38,2 %
Debt-to-Equity Ratio	0,08	0,08	0,07	0,27
Operating Profit Margin	7,34 %	6,33 %	7,15 %	8,45 %
Current Ratio	2	1,62	1,86	2,32
Quick Ratio	2	1,62	1,86	2,32
Equity Ratio	0,55	0,47	0,5	0,49
Gross Profit Margin	62,73 %	58,62 %	65,96 %	67 %