NORVAK KONSULENTTJENESTER AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

−205,51 %

Current Ratio

1,32

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	777 000	688 000	541 000	273 000
Net Income	261 000	−169 000	93 000	−35 000
Total Assets	107 000	117 000	81 000	64 000
Total Equity	−127 000	−387 000	−218 000	−311 000

Income (NOK)	2022	2021	2020	2019
Revenue	777 000	688 000	541 000	273 000
Expenditure	516 000	856 000	447 000	306 000
Operating Profit	261 000	−169 000	94 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	−1 000
Earnings Before Tax	261 000	−169 000	93 000	−35 000
Tax	0	0	0	0
Net Income	261 000	−169 000	93 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	107 000	117 000	81 000	64 000
Total Assets	107 000	117 000	81 000	64 000
Total Retained Equity	−157 000	−417 000	−248 000	−341 000
Total Equity	−127 000	−387 000	−218 000	−311 000
Total Long-Term Debt	153 000	379 000	213 000	291 000
Total Current Debt	81 000	126 000	86 000	84 000
Total Equity and Debt	107 000	117 000	81 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	777 000	688 000	541 000	273 000
Other Income	0	0	0	0
Revenue	777 000	688 000	541 000	273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	391 000	589 000	399 000	257 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	516 000	856 000	447 000	306 000
Operating Profit	261 000	−169 000	94 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	261 000	−169 000	93 000	−35 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	47 000	38 000	33 000
Total Current Assets	107 000	117 000	81 000	64 000
Total Assets	107 000	117 000	81 000	64 000
Total Equity	−127 000	−387 000	−218 000	−311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 000	379 000	213 000	291 000
Creditors	0	0	10 000	12 000
Unpaid Taxes	48 000	73 000	39 000	38 000
Dividends	0	0	0	0
Other Current Debt	33 000	52 000	37 000	34 000
Total Current Debt	81 000	126 000	86 000	84 000
Total Equity and Debt	107 000	117 000	81 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−205,51 %	43,67 %	−42,66 %	11,25 %
Debt-to-Equity Ratio	−1,2	−0,98	−0,98	−0,94
Operating Profit Margin	33,59 %	−24,56 %	17,38 %	−12,09 %
Current Ratio	1,32	0,93	0,94	0,76
Quick Ratio	1,32	0,93	0,94	0,76
Equity Ratio	−1,19	−3,31	−2,69	−4,86
Gross Profit Margin	100 %	100 %	100 %	100 %