NORVOLL AS

3841 FLATDAL

Finances

Return on Equity

23,81 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 042 000	2 292 000	2 290 000	1 643 000
Net Income	591 000	644 000	557 000	227 000
Total Assets	3 887 000	3 458 000	2 867 000	2 294 000
Total Equity	2 482 000	1 891 000	1 247 000	690 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 042 000	2 292 000	2 290 000	1 643 000
Expenditure	1 337 000	1 554 000	1 601 000	1 336 000
Operating Profit	705 000	737 000	689 000	307 000
Financial Income	54 000	105 000	37 000	0
Financial Costs	17 000	21 000	12 000	16 000
Financial Balance	37 000	84 000	25 000	−16 000
Earnings Before Tax	742 000	821 000	714 000	291 000
Tax	151 000	177 000	157 000	64 000
Net Income	591 000	644 000	557 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 272 000	2 038 000	1 694 000	1 572 000
Total Current Assets	1 615 000	1 420 000	1 173 000	722 000
Total Assets	3 887 000	3 458 000	2 867 000	2 294 000
Total Retained Equity	2 452 000	1 861 000	1 217 000	660 000
Total Equity	2 482 000	1 891 000	1 247 000	690 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 405 000	1 566 000	1 620 000	1 603 000
Total Equity and Debt	3 887 000	3 458 000	2 867 000	2 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 042 000	2 233 000	1 925 000	1 643 000
Other Income	0	58 000	365 000	0
Revenue	2 042 000	2 292 000	2 290 000	1 643 000
Cost of Goods Sold	533 000	549 000	430 000	173 000
Salary Costs	116 000	277 000	275 000	277 000
Depreciation	222 000	235 000	191 000	171 000
Impairment	0	0	0	0
Expenditure	1 337 000	1 554 000	1 601 000	1 336 000
Operating Profit	705 000	737 000	689 000	307 000
Financial Income	54 000	105 000	37 000	0
Financial Costs	17 000	21 000	12 000	16 000
Financial Balance	37 000	84 000	25 000	−16 000
Dividends	0	0	0	0
Net Income	591 000	644 000	557 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	18 000	7 000	12 000
Real Eastate	1 026 000	1 113 000	1 148 000	1 237 000
Machinery and Plant Facilities	322 000	407 000	539 000	323 000
Fixtures	0	0	0	0
Total Tangible Assets	1 348 000	1 521 000	1 687 000	1 560 000
Total Fiancial Fixed Assets	894 000	500 000	0	0
Total Fixed Assets	2 272 000	2 038 000	1 694 000	1 572 000
Stock	0	0	146 000	300 000
Total Investments	633 000	527 000	689 000	0
Cash, Bank	834 000	567 000	131 000	250 000
Total Current Assets	1 615 000	1 420 000	1 173 000	722 000
Total Assets	3 887 000	3 458 000	2 867 000	2 294 000
Total Equity	2 482 000	1 891 000	1 247 000	690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	10 000	15 000	3 000
Unpaid Taxes	174 000	209 000	1 000	138 000
Dividends	0	0	0	0
Other Current Debt	1 064 000	1 160 000	1 451 000	1 400 000
Total Current Debt	1 405 000	1 566 000	1 620 000	1 603 000
Total Equity and Debt	3 887 000	3 458 000	2 867 000	2 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,81 %	34,06 %	44,67 %	32,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,52 %	32,16 %	30,09 %	18,69 %
Current Ratio	1,15	0,91	0,72	0,45
Quick Ratio	1,15	0,91	0,8	0,55
Equity Ratio	0,64	0,55	0,43	0,3
Gross Profit Margin	73,9 %	76,05 %	81,22 %	89,47 %