NARVIK COMPOSITE AS

8519 NARVIK

Finances

Share Ownership

Return on Equity

83,31 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	610 000	2 512 000	2 705 000	3 282 000
Net Income	−1 088 000	−293 000	−210 000	124 000
Total Assets	1 324 000	1 836 000	2 515 000	2 859 000
Total Equity	−1 306 000	−218 000	75 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	610 000	2 512 000	2 705 000	3 282 000
Expenditure	1 147 000	2 475 000	3 347 000	3 207 000
Operating Profit	−428 000	−278 000	−142 000	164 000
Financial Income	1 000	10 000	4 000	3 000
Financial Costs	102 000	108 000	131 000	95 000
Financial Balance	−101 000	−98 000	−127 000	−92 000
Earnings Before Tax	−529 000	−375 000	−269 000	72 000
Tax	559 000	−83 000	−60 000	−53 000
Net Income	−1 088 000	−293 000	−210 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	841 000	861 000	923 000
Total Current Assets	1 111 000	994 000	1 654 000	1 936 000
Total Assets	1 324 000	1 836 000	2 515 000	2 859 000
Total Retained Equity	−5 029 000	−3 941 000	−3 648 000	−3 700 000
Total Equity	−1 306 000	−218 000	75 000	23 000
Total Long-Term Debt	242 000	342 000	442 000	0
Total Current Debt	2 388 000	1 712 000	1 999 000	2 836 000
Total Equity and Debt	1 324 000	1 836 000	2 515 000	2 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 000	2 512 000	2 700 000	2 953 000
Other Income	0	0	5 000	330 000
Revenue	610 000	2 512 000	2 705 000	3 282 000
Cost of Goods Sold	399 000	884 000	1 105 000	1 128 000
Salary Costs	83 000	775 000	1 315 000	1 223 000
Depreciation	35 000	69 000	87 000	114 000
Impairment	0	0	0	0
Expenditure	1 147 000	2 475 000	3 347 000	3 207 000
Operating Profit	−428 000	−278 000	−142 000	164 000
Financial Income	1 000	10 000	4 000	3 000
Financial Costs	102 000	108 000	131 000	95 000
Financial Balance	−101 000	−98 000	−127 000	−92 000
Dividends	0	0	0	0
Net Income	−1 088 000	−293 000	−210 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	559 000	477 000	417 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	11 000	33 000
Fixtures	8 000	43 000	100 000	165 000
Total Tangible Assets	8 000	43 000	111 000	198 000
Total Fiancial Fixed Assets	205 000	239 000	273 000	307 000
Total Fixed Assets	213 000	841 000	861 000	923 000
Stock	1 047 000	937 000	1 253 000	752 000
Total Investments	0	0	0	0
Cash, Bank	0	19 000	63 000	36 000
Total Current Assets	1 111 000	994 000	1 654 000	1 936 000
Total Assets	1 324 000	1 836 000	2 515 000	2 859 000
Total Equity	−1 306 000	−218 000	75 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	242 000	342 000	442 000	0
Creditors	959 000	319 000	538 000	1 472 000
Unpaid Taxes	0	64 000	75 000	135 000
Dividends	0	0	0	0
Other Current Debt	1 122 000	1 154 000	1 199 000	849 000
Total Current Debt	2 388 000	1 712 000	1 999 000	2 836 000
Total Equity and Debt	1 324 000	1 836 000	2 515 000	2 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,31 %	134,4 %	−280 %	539,13 %
Debt-to-Equity Ratio	−0,19	−1,57	5,89	0
Operating Profit Margin	−70,16 %	−11,07 %	−5,25 %	5 %
Current Ratio	0,47	0,58	0,83	0,68
Quick Ratio	0,83	1,28	2,22	0,93
Equity Ratio	−0,99	−0,12	0,03	0,01
Gross Profit Margin	34,59 %	64,81 %	59,15 %	65,63 %