NEVER REEF AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

3,1 %

Current Ratio

2,87

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 019 000	3 785 000	4 443 000	4 566 000
Net Income	56 000	562 000	1 172 000	1 012 000
Total Assets	2 323 000	2 977 000	3 759 000	3 482 000
Total Equity	1 806 000	1 750 000	1 687 000	1 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 019 000	3 785 000	4 443 000	4 566 000
Expenditure	2 950 000	3 067 000	2 945 000	3 272 000
Operating Profit	68 000	718 000	1 499 000	1 294 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	2 000	0
Financial Balance	5 000	5 000	3 000	5 000
Earnings Before Tax	73 000	723 000	1 503 000	1 298 000
Tax	17 000	161 000	331 000	287 000
Net Income	56 000	562 000	1 172 000	1 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	976 000	1 024 000	1 077 000	1 078 000
Total Current Assets	1 347 000	1 953 000	2 682 000	2 404 000
Total Assets	2 323 000	2 977 000	3 759 000	3 482 000
Total Retained Equity	1 706 000	1 650 000	1 587 000	1 715 000
Total Equity	1 806 000	1 750 000	1 687 000	1 815 000
Total Long-Term Debt	48 000	46 000	66 000	63 000
Total Current Debt	469 000	1 182 000	2 006 000	1 604 000
Total Equity and Debt	2 323 000	2 977 000	3 759 000	3 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 019 000	3 785 000	4 443 000	4 566 000
Other Income	0	0	0	0
Revenue	3 019 000	3 785 000	4 443 000	4 566 000
Cost of Goods Sold	18 000	20 000	21 000	25 000
Salary Costs	2 448 000	2 503 000	2 504 000	2 535 000
Depreciation	73 000	74 000	71 000	120 000
Impairment	0	0	0	0
Expenditure	2 950 000	3 067 000	2 945 000	3 272 000
Operating Profit	68 000	718 000	1 499 000	1 294 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	2 000	0
Financial Balance	5 000	5 000	3 000	5 000
Dividends	0	0	600 000	800 000
Net Income	56 000	562 000	1 172 000	1 012 000

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	537 000	585 000	638 000	709 000
Total Tangible Assets	537 000	585 000	638 000	709 000
Total Fiancial Fixed Assets	439 000	439 000	439 000	369 000
Total Fixed Assets	976 000	1 024 000	1 077 000	1 078 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	529 000	1 163 000	1 746 000	1 593 000
Total Current Assets	1 347 000	1 953 000	2 682 000	2 404 000
Total Assets	2 323 000	2 977 000	3 759 000	3 482 000
Total Equity	1 806 000	1 750 000	1 687 000	1 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 000	46 000	66 000	63 000
Creditors	8 000	42 000	7 000	7 000
Unpaid Taxes	210 000	237 000	248 000	276 000
Dividends	0	0	600 000	800 000
Other Current Debt	237 000	721 000	823 000	224 000
Total Current Debt	469 000	1 182 000	2 006 000	1 604 000
Total Equity and Debt	2 323 000	2 977 000	3 759 000	3 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,1 %	32,11 %	69,47 %	55,76 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,03
Operating Profit Margin	2,25 %	18,97 %	33,74 %	28,34 %
Current Ratio	2,87	1,65	1,34	1,5
Quick Ratio	2,87	1,65	1,34	1,5
Equity Ratio	0,78	0,59	0,45	0,52
Gross Profit Margin	99,4 %	99,47 %	99,53 %	99,45 %