NORSK VARESALG AS

1523 MOSS

Finances

Share Ownership

Return on Equity

15,65 %

Current Ratio

7,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 828 000	9 432 000	7 530 000	6 151 000
Net Income	784 000	1 395 000	569 000	−30 000
Total Assets	5 745 000	5 193 000	3 657 000	2 878 000
Total Equity	5 008 000	4 224 000	2 829 000	2 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 828 000	9 432 000	7 530 000	6 151 000
Expenditure	7 819 000	7 641 000	6 797 000	6 185 000
Operating Profit	1 009 000	1 791 000	733 000	−33 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	3 000	4 000	6 000
Financial Balance	−4 000	−3 000	−3 000	−5 000
Earnings Before Tax	1 006 000	1 788 000	730 000	−38 000
Tax	221 000	393 000	161 000	−8 000
Net Income	784 000	1 395 000	569 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	24 000	46 000	96 000
Total Current Assets	5 732 000	5 169 000	3 612 000	2 783 000
Total Assets	5 745 000	5 193 000	3 657 000	2 878 000
Total Retained Equity	4 978 000	4 194 000	2 799 000	2 230 000
Total Equity	5 008 000	4 224 000	2 829 000	2 260 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	737 000	969 000	828 000	619 000
Total Equity and Debt	5 745 000	5 193 000	3 657 000	2 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 828 000	9 432 000	7 579 000	6 149 000
Other Income	0	0	−48 000	2 000
Revenue	8 828 000	9 432 000	7 530 000	6 151 000
Cost of Goods Sold	4 708 000	4 905 000	4 070 000	3 456 000
Salary Costs	1 305 000	1 236 000	1 247 000	1 205 000
Depreciation	10 000	24 000	51 000	33 000
Impairment	0	0	0	0
Expenditure	7 819 000	7 641 000	6 797 000	6 185 000
Operating Profit	1 009 000	1 791 000	733 000	−33 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	3 000	4 000	6 000
Financial Balance	−4 000	−3 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	784 000	1 395 000	569 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	4 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	20 000	44 000	95 000
Total Tangible Assets	10 000	20 000	44 000	95 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	24 000	46 000	96 000
Stock	1 495 000	1 282 000	1 245 000	1 199 000
Total Investments	0	0	0	0
Cash, Bank	4 171 000	3 871 000	2 329 000	1 540 000
Total Current Assets	5 732 000	5 169 000	3 612 000	2 783 000
Total Assets	5 745 000	5 193 000	3 657 000	2 878 000
Total Equity	5 008 000	4 224 000	2 829 000	2 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	182 000	230 000	243 000	236 000
Unpaid Taxes	232 000	235 000	215 000	168 000
Dividends	0	0	0	0
Other Current Debt	101 000	107 000	209 000	214 000
Total Current Debt	737 000	969 000	828 000	619 000
Total Equity and Debt	5 745 000	5 193 000	3 657 000	2 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,65 %	33,03 %	20,11 %	−1,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,43 %	18,99 %	9,73 %	−0,54 %
Current Ratio	7,78	5,33	4,36	4,5
Quick Ratio	−7,56	−16,51	−8,66	−4,8
Equity Ratio	0,87	0,81	0,77	0,79
Gross Profit Margin	46,67 %	48 %	45,95 %	43,81 %