NOREVEGEN EIENDOM AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

12,82 %

Current Ratio

4,45

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Net Income	219 000	239 000	260 000	201 000
Total Assets	2 819 000	2 908 000	2 977 000	2 907 000
Total Equity	1 708 000	1 489 000	1 250 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Expenditure	144 000	122 000	80 000	145 000
Operating Profit	336 000	359 000	401 000	335 000
Financial Income	0	0	0	0
Financial Costs	56 000	52 000	67 000	78 000
Financial Balance	−56 000	−52 000	−67 000	−78 000
Earnings Before Tax	281 000	306 000	333 000	258 000
Tax	62 000	67 000	73 000	57 000
Net Income	219 000	239 000	260 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 490 000	2 553 000	2 615 000	2 678 000
Total Current Assets	329 000	355 000	361 000	229 000
Total Assets	2 819 000	2 908 000	2 977 000	2 907 000
Total Retained Equity	1 208 000	989 000	750 000	490 000
Total Equity	1 708 000	1 489 000	1 250 000	990 000
Total Long-Term Debt	1 037 000	1 339 000	1 641 000	1 812 000
Total Current Debt	74 000	80 000	86 000	105 000
Total Equity and Debt	2 819 000	2 908 000	2 977 000	2 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	480 000	480 000	480 000
Revenue	480 000	480 000	480 000	480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	63 000	63 000	63 000	63 000
Impairment	0	0	0	0
Expenditure	144 000	122 000	80 000	145 000
Operating Profit	336 000	359 000	401 000	335 000
Financial Income	0	0	0	0
Financial Costs	56 000	52 000	67 000	78 000
Financial Balance	−56 000	−52 000	−67 000	−78 000
Dividends	0	0	0	0
Net Income	219 000	239 000	260 000	201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 490 000	2 553 000	2 615 000	2 678 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 490 000	2 553 000	2 615 000	2 678 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 490 000	2 553 000	2 615 000	2 678 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	62 000	76 000	63 000
Total Current Assets	329 000	355 000	361 000	229 000
Total Assets	2 819 000	2 908 000	2 977 000	2 907 000
Total Equity	1 708 000	1 489 000	1 250 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 037 000	1 339 000	1 641 000	1 812 000
Creditors	5 000	1 000	1 000	41 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	10 000	10 000	7 000
Total Current Debt	74 000	80 000	86 000	105 000
Total Equity and Debt	2 819 000	2 908 000	2 977 000	2 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,82 %	16,05 %	20,8 %	20,3 %
Debt-to-Equity Ratio	0,61	0,9	1,31	1,83
Operating Profit Margin	70 %	74,79 %	83,54 %	69,79 %
Current Ratio	4,45	4,44	4,2	2,18
Quick Ratio	4,45	4,44	4,2	2,18
Equity Ratio	0,61	0,51	0,42	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %