NORWEGIAN GREEN AS

7021 TRONDHEIM

Finances

Share Ownership

Return on Equity

62,69 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 499 000	1 744 000	3 421 000	2 953 000
Net Income	852 000	−125 000	197 000	194 000
Total Assets	1 923 000	670 000	942 000	588 000
Total Equity	1 359 000	508 000	633 000	436 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 499 000	1 744 000	3 421 000	2 953 000
Expenditure	1 459 000	1 925 000	3 213 000	2 715 000
Operating Profit	1 040 000	−182 000	208 000	238 000
Financial Income	52 000	29 000	77 000	22 000
Financial Costs	0	8 000	31 000	11 000
Financial Balance	52 000	21 000	46 000	11 000
Earnings Before Tax	1 092 000	−160 000	254 000	249 000
Tax	240 000	−35 000	57 000	55 000
Net Income	852 000	−125 000	197 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	35 000	0	15 000
Total Current Assets	1 923 000	634 000	942 000	573 000
Total Assets	1 923 000	670 000	942 000	588 000
Total Retained Equity	1 329 000	478 000	603 000	406 000
Total Equity	1 359 000	508 000	633 000	436 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	564 000	162 000	310 000	151 000
Total Equity and Debt	1 923 000	670 000	942 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 499 000	1 744 000	3 421 000	2 953 000
Other Income	0	0	0	0
Revenue	2 499 000	1 744 000	3 421 000	2 953 000
Cost of Goods Sold	420 000	1 203 000	2 459 000	2 394 000
Salary Costs	947 000	563 000	538 000	188 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 459 000	1 925 000	3 213 000	2 715 000
Operating Profit	1 040 000	−182 000	208 000	238 000
Financial Income	52 000	29 000	77 000	22 000
Financial Costs	0	8 000	31 000	11 000
Financial Balance	52 000	21 000	46 000	11 000
Dividends	0	0	0	0
Net Income	852 000	−125 000	197 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	35 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	0	35 000	0	15 000
Stock	0	53 000	0	42 000
Total Investments	0	0	0	0
Cash, Bank	1 874 000	399 000	359 000	305 000
Total Current Assets	1 923 000	634 000	942 000	573 000
Total Assets	1 923 000	670 000	942 000	588 000
Total Equity	1 359 000	508 000	633 000	436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	77 000	70 000	6 000	38 000
Unpaid Taxes	180 000	32 000	189 000	26 000
Dividends	0	0	0	0
Other Current Debt	101 000	60 000	58 000	33 000
Total Current Debt	564 000	162 000	310 000	151 000
Total Equity and Debt	1 923 000	670 000	942 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,69 %	−24,61 %	31,12 %	44,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	41,62 %	−10,44 %	6,08 %	8,06 %
Current Ratio	3,41	3,91	3,04	3,79
Quick Ratio	3,41	5,82	3,04	5,26
Equity Ratio	0,71	0,76	0,67	0,74
Gross Profit Margin	83,19 %	31,02 %	28,12 %	18,93 %