NORVA AS

0352 OSLO

Finances

Share Ownership

Return on Equity

22,88 %

Current Ratio

2,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	799 000	740 000	804 000	819 000
Net Income	205 000	194 000	295 000	32 000
Total Assets	1 448 000	1 270 000	1 078 000	661 000
Total Equity	896 000	691 000	498 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	799 000	740 000	804 000	819 000
Expenditure	527 000	484 000	425 000	778 000
Operating Profit	272 000	255 000	379 000	40 000
Financial Income	0	0	4 000	2 000
Financial Costs	10 000	7 000	5 000	1 000
Financial Balance	−10 000	−7 000	−1 000	1 000
Earnings Before Tax	262 000	249 000	378 000	41 000
Tax	58 000	55 000	83 000	9 000
Net Income	205 000	194 000	295 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 448 000	1 270 000	1 078 000	661 000
Total Assets	1 448 000	1 270 000	1 078 000	661 000
Total Retained Equity	872 000	667 000	473 000	179 000
Total Equity	896 000	691 000	498 000	203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	552 000	578 000	581 000	458 000
Total Equity and Debt	1 448 000	1 270 000	1 078 000	661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	799 000	740 000	804 000	819 000
Other Income	0	0	0	0
Revenue	799 000	740 000	804 000	819 000
Cost of Goods Sold	385 000	397 000	411 000	321 000
Salary Costs	0	0	0	228 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	527 000	484 000	425 000	778 000
Operating Profit	272 000	255 000	379 000	40 000
Financial Income	0	0	4 000	2 000
Financial Costs	10 000	7 000	5 000	1 000
Financial Balance	−10 000	−7 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	205 000	194 000	295 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 364 000	1 091 000	832 000	368 000
Total Current Assets	1 448 000	1 270 000	1 078 000	661 000
Total Assets	1 448 000	1 270 000	1 078 000	661 000
Total Equity	896 000	691 000	498 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	187 000	217 000	191 000	141 000
Dividends	0	0	0	0
Other Current Debt	307 000	307 000	307 000	307 000
Total Current Debt	552 000	578 000	581 000	458 000
Total Equity and Debt	1 448 000	1 270 000	1 078 000	661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,88 %	28,08 %	59,24 %	15,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,04 %	34,46 %	47,14 %	4,88 %
Current Ratio	2,62	2,2	1,86	1,44
Quick Ratio	2,62	2,2	1,86	1,44
Equity Ratio	0,62	0,54	0,46	0,31
Gross Profit Margin	51,81 %	46,35 %	48,88 %	60,81 %