NORWEGIAN TRADE AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

81,44 %

Current Ratio

0,16

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 987 000	7 109 000	4 246 000	4 557 000
Net Income	2 080 000	69 000	257 000	1 000
Total Assets	7 141 000	3 250 000	941 000	624 000
Total Equity	2 554 000	474 000	406 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 987 000	7 109 000	4 246 000	4 557 000
Expenditure	8 287 000	6 979 000	3 895 000	4 551 000
Operating Profit	2 700 000	130 000	352 000	5 000
Financial Income	3 000	1 000	8 000	4 000
Financial Costs	36 000	36 000	31 000	7 000
Financial Balance	−33 000	−35 000	−23 000	−3 000
Earnings Before Tax	2 667 000	96 000	329 000	1 000
Tax	587 000	27 000	72 000	0
Net Income	2 080 000	69 000	257 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 829 000	2 785 000	29 000	17 000
Total Current Assets	312 000	465 000	912 000	607 000
Total Assets	7 141 000	3 250 000	941 000	624 000
Total Retained Equity	2 524 000	444 000	376 000	119 000
Total Equity	2 554 000	474 000	406 000	149 000
Total Long-Term Debt	2 614 000	1 215 000	0	0
Total Current Debt	1 973 000	1 561 000	535 000	475 000
Total Equity and Debt	7 141 000	3 250 000	941 000	624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 987 000	7 109 000	4 244 000	4 557 000
Other Income	0	0	1 000	0
Revenue	10 987 000	7 109 000	4 246 000	4 557 000
Cost of Goods Sold	412 000	231 000	85 000	243 000
Salary Costs	2 229 000	1 871 000	1 402 000	1 412 000
Depreciation	215 000	73 000	7 000	4 000
Impairment	6 000	0	0	0
Expenditure	8 287 000	6 979 000	3 895 000	4 551 000
Operating Profit	2 700 000	130 000	352 000	5 000
Financial Income	3 000	1 000	8 000	4 000
Financial Costs	36 000	36 000	31 000	7 000
Financial Balance	−33 000	−35 000	−23 000	−3 000
Dividends	0	0	0	0
Net Income	2 080 000	69 000	257 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 279 000	2 293 000	0	0
Machinery and Plant Facilities	30 000	38 000	0	0
Fixtures	395 000	454 000	29 000	17 000
Total Tangible Assets	6 704 000	2 785 000	29 000	17 000
Total Fiancial Fixed Assets	125 000	0	0	0
Total Fixed Assets	6 829 000	2 785 000	29 000	17 000
Stock	0	0	54 000	54 000
Total Investments	0	0	0	0
Cash, Bank	98 000	394 000	762 000	145 000
Total Current Assets	312 000	465 000	912 000	607 000
Total Assets	7 141 000	3 250 000	941 000	624 000
Total Equity	2 554 000	474 000	406 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 614 000	1 215 000	0	0
Creditors	420 000	358 000	251 000	257 000
Unpaid Taxes	599 000	601 000	50 000	39 000
Dividends	0	0	0	0
Other Current Debt	430 000	582 000	168 000	168 000
Total Current Debt	1 973 000	1 561 000	535 000	475 000
Total Equity and Debt	7 141 000	3 250 000	941 000	624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,44 %	14,56 %	63,3 %	0,67 %
Debt-to-Equity Ratio	1,02	2,56	0	0
Operating Profit Margin	24,57 %	1,83 %	8,29 %	0,11 %
Current Ratio	0,16	0,3	1,7	1,28
Quick Ratio	0,16	0,3	1,9	1,44
Equity Ratio	0,36	0,15	0,43	0,24
Gross Profit Margin	96,25 %	96,75 %	98 %	94,67 %