NORVANN AS

3402 LIER

Finances

Share Ownership

Return on Equity

70,32 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 629 000	26 248 000	23 707 000	20 676 000
Net Income	3 455 000	3 353 000	3 414 000	2 259 000
Total Assets	13 671 000	13 851 000	12 723 000	9 623 000
Total Equity	4 913 000	4 461 000	5 144 000	4 655 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 629 000	26 248 000	23 707 000	20 676 000
Expenditure	24 201 000	21 924 000	19 387 000	17 692 000
Operating Profit	4 427 000	4 324 000	4 320 000	2 985 000
Financial Income	153 000	82 000	145 000	38 000
Financial Costs	133 000	96 000	74 000	95 000
Financial Balance	20 000	−14 000	71 000	−57 000
Earnings Before Tax	4 447 000	4 310 000	4 390 000	2 928 000
Tax	991 000	957 000	976 000	669 000
Net Income	3 455 000	3 353 000	3 414 000	2 259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 495 000	1 111 000	913 000	1 248 000
Total Current Assets	11 177 000	12 739 000	11 809 000	8 375 000
Total Assets	13 671 000	13 851 000	12 723 000	9 623 000
Total Retained Equity	4 713 000	4 261 000	4 944 000	4 455 000
Total Equity	4 913 000	4 461 000	5 144 000	4 655 000
Total Long-Term Debt	994 000	413 000	241 000	310 000
Total Current Debt	7 764 000	8 976 000	7 337 000	4 658 000
Total Equity and Debt	13 671 000	13 851 000	12 723 000	9 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 480 000	26 169 000	23 699 000	20 676 000
Other Income	149 000	78 000	8 000	0
Revenue	28 629 000	26 248 000	23 707 000	20 676 000
Cost of Goods Sold	12 548 000	11 494 000	10 469 000	9 046 000
Salary Costs	6 560 000	6 159 000	5 358 000	5 262 000
Depreciation	521 000	309 000	357 000	367 000
Impairment	0	0	0	0
Expenditure	24 201 000	21 924 000	19 387 000	17 692 000
Operating Profit	4 427 000	4 324 000	4 320 000	2 985 000
Financial Income	153 000	82 000	145 000	38 000
Financial Costs	133 000	96 000	74 000	95 000
Financial Balance	20 000	−14 000	71 000	−57 000
Dividends	0	650 000	0	0
Net Income	3 455 000	3 353 000	3 414 000	2 259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	74 000	76 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	36 000	50 000	64 000
Fixtures	2 423 000	1 001 000	788 000	1 106 000
Total Tangible Assets	2 445 000	1 037 000	838 000	1 170 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	2 495 000	1 111 000	913 000	1 248 000
Stock	3 247 000	2 533 000	2 284 000	1 798 000
Total Investments	0	0	0	0
Cash, Bank	4 921 000	5 398 000	6 832 000	3 970 000
Total Current Assets	11 177 000	12 739 000	11 809 000	8 375 000
Total Assets	13 671 000	13 851 000	12 723 000	9 623 000
Total Equity	4 913 000	4 461 000	5 144 000	4 655 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	994 000	413 000	241 000	310 000
Creditors	1 460 000	1 617 000	1 167 000	901 000
Unpaid Taxes	1 289 000	1 383 000	1 348 000	1 175 000
Dividends	0	650 000	0	0
Other Current Debt	4 895 000	5 326 000	4 665 000	2 190 000
Total Current Debt	7 764 000	8 976 000	7 337 000	4 658 000
Total Equity and Debt	13 671 000	13 851 000	12 723 000	9 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,32 %	75,16 %	66,37 %	48,53 %
Debt-to-Equity Ratio	0,2	0,09	0,05	0,07
Operating Profit Margin	15,46 %	16,47 %	18,22 %	14,44 %
Current Ratio	1,44	1,42	1,61	1,8
Quick Ratio	2,47	1,98	2,34	2,93
Equity Ratio	0,36	0,32	0,4	0,48
Gross Profit Margin	56,17 %	56,21 %	55,84 %	56,25 %