NAVICO HOLDING AS

1396 BILLINGSTAD

Finances

Return on Equity

26,63 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,02

Key figures (USD)	2021	2020	2019	2018
Revenue	90 761 000	370 000	37 221 000	52 770 000
Net Income	55 312 000	−29 000	−25 151 000	16 498 000
Total Assets	255 219 000	625 000	288 203 000	286 455 000
Total Equity	207 715 000	216 000	232 083 000	255 897 000

Income (USD)	2021	2020	2019	2018
Revenue	90 761 000	370 000	37 221 000	52 770 000
Expenditure	47 177 000	362 000	65 627 000	43 073 000
Operating Profit	43 583 000	7 000	−28 406 000	9 697 000
Financial Income	45 083 000	0	13 356 000	16 874 000
Financial Costs	−33 200 000	35 000	−12 577 000	12 030 000
Financial Balance	78 283 000	−35 000	25 933 000	4 844 000
Earnings Before Tax	55 465 000	−27 000	−27 627 000	14 542 000
Tax	−154 000	1 000	2 476 000	−1 956 000
Net Income	55 312 000	−29 000	−25 151 000	16 498 000

Balance (USD)	2021	2020	2019	2018
Total Fixed Assets	174 757 000	439 000	258 362 000	254 452 000
Total Current Assets	80 462 000	186 000	29 841 000	32 003 000
Total Assets	255 219 000	625 000	288 203 000	286 455 000
Total Retained Equity	−30 822 000	−69 000	−6 454 000	18 405 000
Total Equity	207 715 000	216 000	232 083 000	255 897 000
Total Long-Term Debt	4 378 000	272 000	8 072 000	9 161 000
Total Current Debt	43 126 000	137 000	48 047 000	21 398 000
Total Equity and Debt	255 219 000	625 000	288 203 000	286 455 000

Cash flow (USD)	2021	2020	2019	2018
Sales Income	0	370 000	0	0
Other Income	90 761 000	0	37 221 000	52 770 000
Revenue	90 761 000	370 000	37 221 000	52 770 000
Cost of Goods Sold	0	205 000	0	0
Salary Costs	1 056 000	76 000	128 000	7 955 000
Depreciation	20 518 000	56 000	35 568 000	29 012 000
Impairment	0	0	0	0
Expenditure	47 177 000	362 000	65 627 000	43 073 000
Operating Profit	43 583 000	7 000	−28 406 000	9 697 000
Financial Income	45 083 000	0	13 356 000	16 874 000
Financial Costs	−33 200 000	35 000	−12 577 000	12 030 000
Financial Balance	78 283 000	−35 000	25 933 000	4 844 000
Dividends	0	0	0	0
Net Income	55 312 000	−29 000	−25 151 000	16 498 000

Balance details (USD)	2021	2020	2019	2018
Goodwill	0	205 000	0	0
Total Intangible Assets	65 863 000	389 000	86 109 000	78 325 000
Real Eastate	0	13 000	0	0
Machinery and Plant Facilities	0	25 000	0	0
Fixtures	0	11 000	31 000	279 000
Total Tangible Assets	0	49 000	31 000	279 000
Total Fiancial Fixed Assets	108 894 000	1 000	172 222 000	175 847 000
Total Fixed Assets	174 757 000	439 000	258 362 000	254 452 000
Stock	0	81 000	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	19 000	272 000	858 000
Total Current Assets	80 462 000	186 000	29 841 000	32 003 000
Total Assets	255 219 000	625 000	288 203 000	286 455 000
Total Equity	207 715 000	216 000	232 083 000	255 897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 378 000	272 000	8 072 000	9 161 000
Creditors	6 983 000	84 000	12 804 000	5 600 000
Unpaid Taxes	0	0	0	230 000
Dividends	0	0	0	0
Other Current Debt	36 143 000	13 000	35 243 000	15 568 000
Total Current Debt	43 126 000	137 000	48 047 000	21 398 000
Total Equity and Debt	255 219 000	625 000	288 203 000	286 455 000

Financial indicators	2021	2020	2019	2018
Return on Equity	26,63 %	−13,43 %	−10,84 %	6,45 %
Debt-to-Equity Ratio	0,02	1,26	0,03	0,04
Operating Profit Margin	48,02 %	1,89 %	−76,32 %	18,38 %
Current Ratio	1,87	1,36	0,62	1,5
Quick Ratio	1,87	3,32	0,62	1,5
Equity Ratio	0,81	0,35	0,81	0,89
Gross Profit Margin	100 %	44,59 %	100 %	100 %