NORVA24 VESTFOLD AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

22,71 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 598 000	44 298 000	39 660 000	36 791 000
Net Income	2 700 000	4 336 000	4 093 000	1 840 000
Total Assets	29 852 000	33 473 000	32 709 000	31 248 000
Total Equity	11 887 000	12 201 000	13 378 000	13 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 598 000	44 298 000	39 660 000	36 791 000
Expenditure	45 991 000	38 906 000	34 199 000	34 326 000
Operating Profit	3 607 000	5 392 000	5 460 000	2 465 000
Financial Income	233 000	23 000	45 000	158 000
Financial Costs	353 000	200 000	259 000	263 000
Financial Balance	−120 000	−177 000	−214 000	−105 000
Earnings Before Tax	3 487 000	5 215 000	5 247 000	2 361 000
Tax	787 000	879 000	1 154 000	520 000
Net Income	2 700 000	4 336 000	4 093 000	1 840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 854 000	11 402 000	13 282 000	16 286 000
Total Current Assets	18 999 000	22 071 000	19 427 000	14 962 000
Total Assets	29 852 000	33 473 000	32 709 000	31 248 000
Total Retained Equity	4 575 000	4 889 000	6 066 000	6 279 000
Total Equity	11 887 000	12 201 000	13 378 000	13 591 000
Total Long-Term Debt	4 130 000	5 581 000	7 759 000	10 152 000
Total Current Debt	13 835 000	15 691 000	11 572 000	7 504 000
Total Equity and Debt	29 852 000	33 473 000	32 709 000	31 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 293 000	44 078 000	39 527 000	36 291 000
Other Income	305 000	220 000	133 000	500 000
Revenue	49 598 000	44 298 000	39 660 000	36 791 000
Cost of Goods Sold	6 570 000	3 737 000	3 657 000	3 836 000
Salary Costs	20 348 000	18 139 000	16 239 000	16 519 000
Depreciation	2 755 000	3 021 000	2 934 000	2 609 000
Impairment	0	0	85 000	0
Expenditure	45 991 000	38 906 000	34 199 000	34 326 000
Operating Profit	3 607 000	5 392 000	5 460 000	2 465 000
Financial Income	233 000	23 000	45 000	158 000
Financial Costs	353 000	200 000	259 000	263 000
Financial Balance	−120 000	−177 000	−214 000	−105 000
Dividends	0	0	0	0
Net Income	2 700 000	4 336 000	4 093 000	1 840 000

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	10 412 000	10 854 000	12 765 000	15 739 000
Fixtures	442 000	548 000	517 000	546 000
Total Tangible Assets	10 854 000	11 402 000	13 282 000	16 286 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 854 000	11 402 000	13 282 000	16 286 000
Stock	100 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	218 000	112 000	504 000
Total Current Assets	18 999 000	22 071 000	19 427 000	14 962 000
Total Assets	29 852 000	33 473 000	32 709 000	31 248 000
Total Equity	11 887 000	12 201 000	13 378 000	13 591 000
Short-Term Group Debt	3 864 000	5 483 000	5 520 000	2 078 000
Total Long-Term Debt	4 130 000	5 581 000	7 759 000	10 152 000
Creditors	3 744 000	4 021 000	2 087 000	2 123 000
Unpaid Taxes	2 297 000	2 338 000	2 144 000	1 520 000
Dividends	0	0	0	0
Other Current Debt	3 930 000	3 848 000	1 822 000	1 783 000
Total Current Debt	13 835 000	15 691 000	11 572 000	7 504 000
Total Equity and Debt	29 852 000	33 473 000	32 709 000	31 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,71 %	35,54 %	30,6 %	13,54 %
Debt-to-Equity Ratio	0,35	0,46	0,58	0,75
Operating Profit Margin	7,27 %	12,17 %	13,77 %	6,7 %
Current Ratio	1,37	1,41	1,68	1,99
Quick Ratio	1,38	1,41	1,68	1,99
Equity Ratio	0,4	0,36	0,41	0,43
Gross Profit Margin	86,75 %	91,56 %	90,78 %	89,57 %