NORDNES EIENDOM AS

6040 VIGRA

Finances

Return on Equity

2,75 %

Current Ratio

7,68

Debt-to-Equity Ratio

3,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 310 000	2 180 000	2 040 000	2 040 000
Net Income	136 000	447 000	315 000	430 000
Total Assets	25 254 000	17 409 000	16 915 000	17 575 000
Total Equity	4 948 000	5 034 000	5 079 000	5 113 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 310 000	2 180 000	2 040 000	2 040 000
Expenditure	1 108 000	1 106 000	1 041 000	888 000
Operating Profit	1 203 000	1 073 000	999 000	1 152 000
Financial Income	0	22 000	0	99 000
Financial Costs	1 028 000	522 000	595 000	701 000
Financial Balance	−1 028 000	−500 000	−595 000	−602 000
Earnings Before Tax	174 000	573 000	404 000	551 000
Tax	38 000	126 000	89 000	121 000
Net Income	136 000	447 000	315 000	430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 918 000	16 292 000	14 739 000	15 319 000
Total Current Assets	5 337 000	1 117 000	2 176 000	2 256 000
Total Assets	25 254 000	17 409 000	16 915 000	17 575 000
Total Retained Equity	1 148 000	1 234 000	1 279 000	1 313 000
Total Equity	4 948 000	5 034 000	5 079 000	5 113 000
Total Long-Term Debt	19 612 000	10 323 000	11 020 000	11 639 000
Total Current Debt	695 000	2 052 000	816 000	823 000
Total Equity and Debt	25 254 000	17 409 000	16 915 000	17 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 286 000	2 171 000	2 040 000	2 040 000
Other Income	25 000	9 000	0	0
Revenue	2 310 000	2 180 000	2 040 000	2 040 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	603 000	593 000	589 000	511 000
Impairment	0	0	0	0
Expenditure	1 108 000	1 106 000	1 041 000	888 000
Operating Profit	1 203 000	1 073 000	999 000	1 152 000
Financial Income	0	22 000	0	99 000
Financial Costs	1 028 000	522 000	595 000	701 000
Financial Balance	−1 028 000	−500 000	−595 000	−602 000
Dividends	0	0	0	0
Net Income	136 000	447 000	315 000	430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 888 000	15 234 000	14 712 000	15 270 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	58 000	27 000	48 000
Total Tangible Assets	18 918 000	15 292 000	14 739 000	15 319 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	0	0
Total Fixed Assets	19 918 000	16 292 000	14 739 000	15 319 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 161 000	655 000	2 088 000	266 000
Total Current Assets	5 337 000	1 117 000	2 176 000	2 256 000
Total Assets	25 254 000	17 409 000	16 915 000	17 575 000
Total Equity	4 948 000	5 034 000	5 079 000	5 113 000
Short-Term Group Debt	347 000	1 986 000	683 000	552 000
Total Long-Term Debt	19 612 000	10 323 000	11 020 000	11 639 000
Creditors	238 000	7 000	2 000	14 000
Unpaid Taxes	1 000	0	72 000	72 000
Dividends	0	0	0	0
Other Current Debt	109 000	58 000	59 000	80 000
Total Current Debt	695 000	2 052 000	816 000	823 000
Total Equity and Debt	25 254 000	17 409 000	16 915 000	17 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,75 %	8,88 %	6,2 %	8,41 %
Debt-to-Equity Ratio	3,96	2,05	2,17	2,28
Operating Profit Margin	52,08 %	49,22 %	48,97 %	56,47 %
Current Ratio	7,68	0,54	2,67	2,74
Quick Ratio	7,68	0,54	2,67	2,74
Equity Ratio	0,2	0,29	0,3	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %