NG DEVELOPMENT AS

5015 BERGEN

Finances

Return on Equity

2,67 %

Current Ratio

2,17

Debt-to-Equity Ratio

5,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 613 000	62 157 000	16 381 000	31 132 000
Net Income	1 740 000	10 833 000	81 000	1 546 000
Total Assets	526 917 000	429 333 000	317 455 000	253 897 000
Total Equity	65 118 000	45 828 000	21 504 000	21 423 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 613 000	62 157 000	16 381 000	31 132 000
Expenditure	76 445 000	48 334 000	15 414 000	28 114 000
Operating Profit	2 167 000	13 823 000	967 000	3 017 000
Financial Income	76 000	72 000	1 011 000	172 000
Financial Costs	12 000	4 000	1 872 000	1 206 000
Financial Balance	64 000	68 000	−861 000	−1 034 000
Earnings Before Tax	2 232 000	13 891 000	105 000	1 984 000
Tax	492 000	3 058 000	24 000	438 000
Net Income	1 740 000	10 833 000	81 000	1 546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	295 260 000	354 733 000	293 437 000	209 482 000
Total Current Assets	231 656 000	74 600 000	24 019 000	44 415 000
Total Assets	526 917 000	429 333 000	317 455 000	253 897 000
Total Retained Equity	41 354 000	22 065 000	11 231 000	11 150 000
Total Equity	65 118 000	45 828 000	21 504 000	21 423 000
Total Long-Term Debt	354 976 000	303 011 000	218 763 000	135 053 000
Total Current Debt	106 823 000	80 494 000	77 188 000	97 421 000
Total Equity and Debt	526 917 000	429 333 000	317 455 000	253 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 429 000	59 859 000	13 748 000	28 694 000
Other Income	3 183 000	2 298 000	2 633 000	2 439 000
Revenue	78 613 000	62 157 000	16 381 000	31 132 000
Cost of Goods Sold	70 184 000	42 477 000	11 301 000	23 382 000
Salary Costs	1 868 000	2 354 000	1 334 000	3 436 000
Depreciation	797 000	775 000	762 000	87 000
Impairment	0	0	0	0
Expenditure	76 445 000	48 334 000	15 414 000	28 114 000
Operating Profit	2 167 000	13 823 000	967 000	3 017 000
Financial Income	76 000	72 000	1 011 000	172 000
Financial Costs	12 000	4 000	1 872 000	1 206 000
Financial Balance	64 000	68 000	−861 000	−1 034 000
Dividends	0	0	0	0
Net Income	1 740 000	10 833 000	81 000	1 546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	292 836 000	349 366 000	287 429 000	202 751 000
Machinery and Plant Facilities	0	202 000	279 000	355 000
Fixtures	1 414 000	2 135 000	2 699 000	3 346 000
Total Tangible Assets	294 250 000	351 703 000	290 407 000	206 452 000
Total Fiancial Fixed Assets	1 010 000	3 030 000	3 030 000	3 030 000
Total Fixed Assets	295 260 000	354 733 000	293 437 000	209 482 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 092 000	21 062 000	5 408 000	29 339 000
Total Current Assets	231 656 000	74 600 000	24 019 000	44 415 000
Total Assets	526 917 000	429 333 000	317 455 000	253 897 000
Total Equity	65 118 000	45 828 000	21 504 000	21 423 000
Short-Term Group Debt	91 951 000	0	0	0
Total Long-Term Debt	354 976 000	303 011 000	218 763 000	135 053 000
Creditors	10 288 000	16 504 000	5 713 000	3 328 000
Unpaid Taxes	117 000	142 000	159 000	182 000
Dividends	0	0	0	0
Other Current Debt	4 466 000	63 848 000	71 316 000	93 911 000
Total Current Debt	106 823 000	80 494 000	77 188 000	97 421 000
Total Equity and Debt	526 917 000	429 333 000	317 455 000	253 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,67 %	23,64 %	0,38 %	7,22 %
Debt-to-Equity Ratio	5,45	6,61	10,17	6,3
Operating Profit Margin	2,76 %	22,24 %	5,9 %	9,69 %
Current Ratio	2,17	0,93	0,31	0,46
Quick Ratio	2,17	0,93	0,31	0,46
Equity Ratio	0,12	0,11	0,07	0,08
Gross Profit Margin	10,72 %	31,66 %	31,01 %	24,89 %