NØRVEBANA AS

6008 ÅLESUND

Finances

Share Ownership

Return on Equity

36,42 %

Current Ratio

4,96

Debt-to-Equity Ratio

−4,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 000	250 000	287 000	307 000
Net Income	−220 000	−143 000	−182 000	−97 000
Total Assets	2 179 000	2 417 000	3 124 000	3 486 000
Total Equity	−604 000	−384 000	−241 000	−59 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 000	250 000	287 000	307 000
Expenditure	458 000	393 000	469 000	402 000
Operating Profit	−220 000	−143 000	−182 000	−96 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−220 000	−143 000	−182 000	−97 000
Tax	0	0	0	0
Net Income	−220 000	−143 000	−182 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 901 000	1 961 000	2 410 000	2 489 000
Total Current Assets	278 000	456 000	715 000	997 000
Total Assets	2 179 000	2 417 000	3 124 000	3 486 000
Total Retained Equity	−634 000	−414 000	−271 000	−89 000
Total Equity	−604 000	−384 000	−241 000	−59 000
Total Long-Term Debt	2 727 000	2 728 000	3 338 000	3 338 000
Total Current Debt	56 000	72 000	27 000	207 000
Total Equity and Debt	2 179 000	2 417 000	3 124 000	3 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 000	250 000	287 000	307 000
Other Income	0	0	0	0
Revenue	238 000	250 000	287 000	307 000
Cost of Goods Sold	82 000	74 000	21 000	13 000
Salary Costs	0	0	0	51 000
Depreciation	98 000	97 000	142 000	135 000
Impairment	0	0	0	0
Expenditure	458 000	393 000	469 000	402 000
Operating Profit	−220 000	−143 000	−182 000	−96 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−220 000	−143 000	−182 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 804 000	1 885 000	2 318 000	2 450 000
Machinery and Plant Facilities	97 000	75 000	91 000	35 000
Fixtures	0	0	0	0
Total Tangible Assets	1 901 000	1 961 000	2 410 000	2 484 000
Total Fiancial Fixed Assets	0	0	0	5 000
Total Fixed Assets	1 901 000	1 961 000	2 410 000	2 489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	386 000	701 000	943 000
Total Current Assets	278 000	456 000	715 000	997 000
Total Assets	2 179 000	2 417 000	3 124 000	3 486 000
Total Equity	−604 000	−384 000	−241 000	−59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 727 000	2 728 000	3 338 000	3 338 000
Creditors	56 000	70 000	27 000	12 000
Unpaid Taxes	0	0	0	20 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	0	175 000
Total Current Debt	56 000	72 000	27 000	207 000
Total Equity and Debt	2 179 000	2 417 000	3 124 000	3 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,42 %	37,24 %	75,52 %	164,41 %
Debt-to-Equity Ratio	−4,51	−7,1	−13,85	−56,58
Operating Profit Margin	−92,44 %	−57,2 %	−63,41 %	−31,27 %
Current Ratio	4,96	6,33	26,48	4,82
Quick Ratio	4,96	6,33	26,48	4,82
Equity Ratio	−0,28	−0,16	−0,08	−0,02
Gross Profit Margin	65,55 %	70,4 %	92,68 %	95,77 %