N3 NORDIC AS

1351 RUD

Finances

Share Ownership

Return on Equity

2,61 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 350 000	27 195 000	24 087 000	20 506 000
Net Income	70 000	980 000	992 000	111 000
Total Assets	15 784 000	8 480 000	7 751 000	7 232 000
Total Equity	2 686 000	2 617 000	1 636 000	645 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 350 000	27 195 000	24 087 000	20 506 000
Expenditure	29 197 000	25 923 000	22 834 000	20 376 000
Operating Profit	152 000	1 272 000	1 253 000	130 000
Financial Income	18 000	3 000	20 000	23 000
Financial Costs	81 000	18 000	1 000	9 000
Financial Balance	−63 000	−15 000	19 000	14 000
Earnings Before Tax	90 000	1 257 000	1 272 000	143 000
Tax	20 000	277 000	280 000	32 000
Net Income	70 000	980 000	992 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	56 000	0	28 000
Total Current Assets	15 755 000	8 424 000	7 751 000	7 203 000
Total Assets	15 784 000	8 480 000	7 751 000	7 232 000
Total Retained Equity	2 638 000	2 568 000	1 588 000	596 000
Total Equity	2 686 000	2 617 000	1 636 000	645 000
Total Long-Term Debt	0	3 000	0	0
Total Current Debt	13 098 000	5 860 000	6 114 000	6 587 000
Total Equity and Debt	15 784 000	8 480 000	7 751 000	7 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 350 000	27 194 000	24 085 000	20 506 000
Other Income	0	1 000	2 000	0
Revenue	29 350 000	27 195 000	24 087 000	20 506 000
Cost of Goods Sold	26 180 000	22 665 000	19 752 000	17 005 000
Salary Costs	1 189 000	1 540 000	1 429 000	1 391 000
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	29 197 000	25 923 000	22 834 000	20 376 000
Operating Profit	152 000	1 272 000	1 253 000	130 000
Financial Income	18 000	3 000	20 000	23 000
Financial Costs	81 000	18 000	1 000	9 000
Financial Balance	−63 000	−15 000	19 000	14 000
Dividends	0	0	0	0
Net Income	70 000	980 000	992 000	111 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	29 000	56 000	0	28 000
Total Fixed Assets	29 000	56 000	0	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	5 557 000	1 755 000	4 231 000
Total Current Assets	15 755 000	8 424 000	7 751 000	7 203 000
Total Assets	15 784 000	8 480 000	7 751 000	7 232 000
Total Equity	2 686 000	2 617 000	1 636 000	645 000
Short-Term Group Debt	7 743 000	3 177 000	2 414 000	4 089 000
Total Long-Term Debt	0	3 000	0	0
Creditors	1 345 000	2 087 000	2 813 000	1 662 000
Unpaid Taxes	14 000	78 000	226 000	214 000
Dividends	0	0	0	0
Other Current Debt	307 000	245 000	381 000	588 000
Total Current Debt	13 098 000	5 860 000	6 114 000	6 587 000
Total Equity and Debt	15 784 000	8 480 000	7 751 000	7 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	37,45 %	60,64 %	17,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,52 %	4,68 %	5,2 %	0,63 %
Current Ratio	1,2	1,44	1,27	1,09
Quick Ratio	1,2	1,44	1,27	1,09
Equity Ratio	0,17	0,31	0,21	0,09
Gross Profit Margin	10,8 %	16,66 %	18 %	17,07 %