NORHEIM VGS AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

80,46 %

Current Ratio

0,45

Debt-to-Equity Ratio

−8,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 734 000	12 122 000	10 434 000	6 299 000
Net Income	−4 380 000	−2 452 000	−2 966 000	−3 929 000
Total Assets	44 854 000	46 953 000	49 526 000	45 748 000
Total Equity	−5 444 000	−3 064 000	−613 000	−6 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 734 000	12 122 000	10 434 000	6 299 000
Expenditure	15 867 000	13 517 000	12 216 000	9 082 000
Operating Profit	−3 133 000	−1 395 000	−1 783 000	−2 784 000
Financial Income	15 000	1 000	1 000	1 000
Financial Costs	1 262 000	1 057 000	1 185 000	1 147 000
Financial Balance	−1 247 000	−1 056 000	−1 184 000	−1 146 000
Earnings Before Tax	−4 380 000	−2 452 000	−2 966 000	−3 929 000
Tax	0	0	0	0
Net Income	−4 380 000	−2 452 000	−2 966 000	−3 929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 717 000	43 585 000	44 640 000	45 173 000
Total Current Assets	1 137 000	3 368 000	4 886 000	575 000
Total Assets	44 854 000	46 953 000	49 526 000	45 748 000
Total Retained Equity	−20 144 000	−15 764 000	−13 313 000	−10 347 000
Total Equity	−5 444 000	−3 064 000	−613 000	−6 147 000
Total Long-Term Debt	47 793 000	47 872 000	48 153 000	19 732 000
Total Current Debt	2 505 000	2 145 000	1 985 000	32 163 000
Total Equity and Debt	44 854 000	46 953 000	49 526 000	45 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 054 000	11 876 000	9 645 000	144 000
Other Income	681 000	246 000	789 000	6 155 000
Revenue	12 734 000	12 122 000	10 434 000	6 299 000
Cost of Goods Sold	674 000	560 000	444 000	266 000
Salary Costs	10 936 000	9 584 000	8 386 000	6 253 000
Depreciation	1 260 000	1 271 000	1 247 000	591 000
Impairment	0	0	0	0
Expenditure	15 867 000	13 517 000	12 216 000	9 082 000
Operating Profit	−3 133 000	−1 395 000	−1 783 000	−2 784 000
Financial Income	15 000	1 000	1 000	1 000
Financial Costs	1 262 000	1 057 000	1 185 000	1 147 000
Financial Balance	−1 247 000	−1 056 000	−1 184 000	−1 146 000
Dividends	0	0	0	0
Net Income	−4 380 000	−2 452 000	−2 966 000	−3 929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 420 000	42 079 000	42 955 000	43 538 000
Machinery and Plant Facilities	985 000	1 129 000	1 251 000	1 175 000
Fixtures	313 000	376 000	435 000	459 000
Total Tangible Assets	43 717 000	43 585 000	44 640 000	45 173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 717 000	43 585 000	44 640 000	45 173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 096 000	2 952 000	4 092 000	278 000
Total Current Assets	1 137 000	3 368 000	4 886 000	575 000
Total Assets	44 854 000	46 953 000	49 526 000	45 748 000
Total Equity	−5 444 000	−3 064 000	−613 000	−6 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 793 000	47 872 000	48 153 000	19 732 000
Creditors	757 000	449 000	457 000	652 000
Unpaid Taxes	593 000	691 000	609 000	510 000
Dividends	0	0	0	0
Other Current Debt	1 156 000	1 005 000	920 000	955 000
Total Current Debt	2 505 000	2 145 000	1 985 000	32 163 000
Total Equity and Debt	44 854 000	46 953 000	49 526 000	45 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,46 %	80,03 %	483,85 %	63,92 %
Debt-to-Equity Ratio	−8,78	−15,62	−78,55	−3,21
Operating Profit Margin	−24,6 %	−11,51 %	−17,09 %	−44,2 %
Current Ratio	0,45	1,57	2,46	0,02
Quick Ratio	0,45	1,57	2,46	0,02
Equity Ratio	−0,12	−0,07	−0,01	−0,13
Gross Profit Margin	94,71 %	95,38 %	95,74 %	95,78 %