NORWAY DESIGNS AS

0159 OSLO

Finances

Share Ownership

Return on Equity

9,06 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 941 000	27 868 000	25 669 000	29 318 000
Net Income	1 117 000	1 780 000	1 450 000	−85 000
Total Assets	17 609 000	23 369 000	15 489 000	14 402 000
Total Equity	12 332 000	11 215 000	9 435 000	7 985 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 941 000	27 868 000	25 669 000	29 318 000
Expenditure	24 507 000	25 601 000	23 790 000	29 412 000
Operating Profit	1 435 000	2 266 000	1 879 000	−94 000
Financial Income	44 000	41 000	37 000	32 000
Financial Costs	42 000	25 000	56 000	47 000
Financial Balance	2 000	16 000	−19 000	−15 000
Earnings Before Tax	1 436 000	2 282 000	1 860 000	−109 000
Tax	319 000	502 000	409 000	−24 000
Net Income	1 117 000	1 780 000	1 450 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	335 000	455 000	854 000	1 077 000
Total Current Assets	17 274 000	22 914 000	14 635 000	13 325 000
Total Assets	17 609 000	23 369 000	15 489 000	14 402 000
Total Retained Equity	12 232 000	11 115 000	9 335 000	7 885 000
Total Equity	12 332 000	11 215 000	9 435 000	7 985 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 276 000	12 154 000	6 053 000	6 417 000
Total Equity and Debt	17 609 000	23 369 000	15 489 000	14 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 941 000	27 868 000	25 669 000	29 318 000
Other Income	0	0	0	0
Revenue	25 941 000	27 868 000	25 669 000	29 318 000
Cost of Goods Sold	12 419 000	13 286 000	13 202 000	14 755 000
Salary Costs	9 135 000	7 469 000	6 752 000	10 211 000
Depreciation	80 000	104 000	193 000	173 000
Impairment	0	0	0	0
Expenditure	24 507 000	25 601 000	23 790 000	29 412 000
Operating Profit	1 435 000	2 266 000	1 879 000	−94 000
Financial Income	44 000	41 000	37 000	32 000
Financial Costs	42 000	25 000	56 000	47 000
Financial Balance	2 000	16 000	−19 000	−15 000
Dividends	0	0	0	0
Net Income	1 117 000	1 780 000	1 450 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	335 000	443 000	423 000	482 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	431 000	595 000
Total Tangible Assets	0	12 000	431 000	595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	335 000	455 000	854 000	1 077 000
Stock	6 429 000	6 695 000	7 730 000	7 736 000
Total Investments	0	0	0	0
Cash, Bank	10 418 000	15 708 000	6 168 000	5 051 000
Total Current Assets	17 274 000	22 914 000	14 635 000	13 325 000
Total Assets	17 609 000	23 369 000	15 489 000	14 402 000
Total Equity	12 332 000	11 215 000	9 435 000	7 985 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	782 000	1 214 000	971 000	1 291 000
Unpaid Taxes	2 215 000	2 718 000	2 462 000	2 620 000
Dividends	0	0	0	0
Other Current Debt	2 001 000	7 632 000	2 199 000	2 506 000
Total Current Debt	5 276 000	12 154 000	6 053 000	6 417 000
Total Equity and Debt	17 609 000	23 369 000	15 489 000	14 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,06 %	15,87 %	15,37 %	−1,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,53 %	8,13 %	7,32 %	−0,32 %
Current Ratio	3,27	1,89	2,42	2,08
Quick Ratio	−14,98	4,2	−8,73	−10,1
Equity Ratio	0,7	0,48	0,61	0,55
Gross Profit Margin	52,13 %	52,33 %	48,57 %	49,67 %