NORDVEST FORSIKRINGSSENTER AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

1 962,19 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 768 000	21 449 000	21 018 000	15 770 000
Net Income	3 944 000	4 143 000	4 334 000	2 539 000
Total Assets	9 830 000	10 121 000	9 766 000	6 639 000
Total Equity	201 000	57 000	215 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 768 000	21 449 000	21 018 000	15 770 000
Expenditure	17 509 000	15 925 000	15 244 000	12 382 000
Operating Profit	5 259 000	5 525 000	5 774 000	3 387 000
Financial Income	2 000	0	6 000	5 000
Financial Costs	1 000	0	0	3 000
Financial Balance	1 000	0	6 000	2 000
Earnings Before Tax	5 260 000	5 525 000	5 779 000	3 390 000
Tax	1 316 000	1 382 000	1 445 000	850 000
Net Income	3 944 000	4 143 000	4 334 000	2 539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	187 000	91 000	171 000
Total Current Assets	9 650 000	9 934 000	9 675 000	6 468 000
Total Assets	9 830 000	10 121 000	9 766 000	6 639 000
Total Retained Equity	171 000	27 000	185 000	185 000
Total Equity	201 000	57 000	215 000	215 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 629 000	10 064 000	9 551 000	6 424 000
Total Equity and Debt	9 830 000	10 121 000	9 766 000	6 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 768 000	21 449 000	21 018 000	15 770 000
Other Income	0	0	0	0
Revenue	22 768 000	21 449 000	21 018 000	15 770 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 717 000	14 250 000	13 642 000	10 732 000
Depreciation	8 000	76 000	95 000	95 000
Impairment	0	0	0	0
Expenditure	17 509 000	15 925 000	15 244 000	12 382 000
Operating Profit	5 259 000	5 525 000	5 774 000	3 387 000
Financial Income	2 000	0	6 000	5 000
Financial Costs	1 000	0	0	3 000
Financial Balance	1 000	0	6 000	2 000
Dividends	3 800 000	4 300 000	4 334 000	3 000 000
Net Income	3 944 000	4 143 000	4 334 000	2 539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	172 000	171 000	16 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	16 000	75 000	171 000
Total Tangible Assets	8 000	16 000	75 000	171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	179 000	187 000	91 000	171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 993 000	8 340 000	7 799 000	4 133 000
Total Current Assets	9 650 000	9 934 000	9 675 000	6 468 000
Total Assets	9 830 000	10 121 000	9 766 000	6 639 000
Total Equity	201 000	57 000	215 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	65 000	148 000	76 000
Unpaid Taxes	1 216 000	1 177 000	1 209 000	801 000
Dividends	3 800 000	4 300 000	4 334 000	3 000 000
Other Current Debt	3 186 000	2 984 000	2 399 000	1 684 000
Total Current Debt	9 629 000	10 064 000	9 551 000	6 424 000
Total Equity and Debt	9 830 000	10 121 000	9 766 000	6 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 962,19 %	7 268,42 %	2 015,81 %	1 180,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,1 %	25,76 %	27,47 %	21,48 %
Current Ratio	1	0,99	1,01	1,01
Quick Ratio	1	0,99	1,01	1,01
Equity Ratio	0,02	0,01	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %