NAVIGARE LOGISTICS AS

4405 FLEKKEFJORD

Finances

Return on Equity

187,28 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 401 000	13 849 000	10 898 000	8 827 000
Net Income	8 939 000	5 278 000	3 443 000	2 376 000
Total Assets	59 889 000	44 880 000	27 508 000	20 058 000
Total Equity	4 773 000	5 834 000	3 956 000	2 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 401 000	13 849 000	10 898 000	8 827 000
Expenditure	7 788 000	7 634 000	6 783 000	5 823 000
Operating Profit	9 612 000	6 215 000	4 115 000	3 003 000
Financial Income	1 705 000	500 000	450 000	1 569 000
Financial Costs	198 000	85 000	275 000	1 522 000
Financial Balance	1 507 000	415 000	175 000	47 000
Earnings Before Tax	11 120 000	6 630 000	4 291 000	3 050 000
Tax	2 181 000	1 352 000	848 000	674 000
Net Income	8 939 000	5 278 000	3 443 000	2 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 054 000	5 748 000	1 208 000	514 000
Total Current Assets	53 835 000	39 131 000	26 300 000	19 544 000
Total Assets	59 889 000	44 880 000	27 508 000	20 058 000
Total Retained Equity	4 743 000	5 804 000	3 926 000	2 858 000
Total Equity	4 773 000	5 834 000	3 956 000	2 888 000
Total Long-Term Debt	4 609 000	4 959 000	950 000	0
Total Current Debt	50 507 000	34 086 000	22 601 000	17 170 000
Total Equity and Debt	59 889 000	44 880 000	27 508 000	20 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 401 000	13 849 000	10 898 000	8 827 000
Other Income	0	0	0	0
Revenue	17 401 000	13 849 000	10 898 000	8 827 000
Cost of Goods Sold	79 000	512 000	484 000	64 000
Salary Costs	5 063 000	5 068 000	4 486 000	4 093 000
Depreciation	92 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	7 788 000	7 634 000	6 783 000	5 823 000
Operating Profit	9 612 000	6 215 000	4 115 000	3 003 000
Financial Income	1 705 000	500 000	450 000	1 569 000
Financial Costs	198 000	85 000	275 000	1 522 000
Financial Balance	1 507 000	415 000	175 000	47 000
Dividends	10 000 000	3 400 000	2 375 000	2 400 000
Net Income	8 939 000	5 278 000	3 443 000	2 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 896 000	3 577 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 896 000	3 577 000	0	0
Total Fiancial Fixed Assets	2 158 000	2 172 000	1 208 000	514 000
Total Fixed Assets	6 054 000	5 748 000	1 208 000	514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 558 000	14 602 000	10 743 000	7 802 000
Total Current Assets	53 835 000	39 131 000	26 300 000	19 544 000
Total Assets	59 889 000	44 880 000	27 508 000	20 058 000
Total Equity	4 773 000	5 834 000	3 956 000	2 888 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 609 000	4 959 000	950 000	0
Creditors	6 369 000	9 862 000	5 210 000	1 889 000
Unpaid Taxes	4 076 000	3 337 000	1 682 000	2 060 000
Dividends	10 000 000	3 400 000	2 375 000	2 400 000
Other Current Debt	27 888 000	19 548 000	14 862 000	12 547 000
Total Current Debt	50 507 000	34 086 000	22 601 000	17 170 000
Total Equity and Debt	59 889 000	44 880 000	27 508 000	20 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	187,28 %	90,47 %	87,03 %	82,27 %
Debt-to-Equity Ratio	0,97	0,85	0,24	0
Operating Profit Margin	55,24 %	44,88 %	37,76 %	34,02 %
Current Ratio	1,07	1,15	1,16	1,14
Quick Ratio	1,07	1,15	1,16	1,14
Equity Ratio	0,08	0,13	0,14	0,14
Gross Profit Margin	99,55 %	96,3 %	95,56 %	99,27 %