NORVALD JØRGENSEN AS

9372 GIBOSTAD

Finances

Return on Equity

−28,28 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 754 000	59 034 000	53 767 000	44 804 000
Net Income	−1 741 000	−473 000	338 000	662 000
Total Assets	17 739 000	22 998 000	18 321 000	15 929 000
Total Equity	6 156 000	7 898 000	8 371 000	8 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 754 000	59 034 000	53 767 000	44 804 000
Expenditure	62 112 000	59 387 000	53 368 000	43 799 000
Operating Profit	−1 358 000	−352 000	399 000	1 006 000
Financial Income	6 000	86 000	203 000	0
Financial Costs	390 000	207 000	263 000	344 000
Financial Balance	−384 000	−121 000	−60 000	−344 000
Earnings Before Tax	−1 741 000	−473 000	338 000	662 000
Tax	0	0	0	0
Net Income	−1 741 000	−473 000	338 000	662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 506 000	1 143 000	1 138 000	279 000
Total Current Assets	16 232 000	21 855 000	17 183 000	15 650 000
Total Assets	17 739 000	22 998 000	18 321 000	15 929 000
Total Retained Equity	637 000	2 378 000	2 851 000	2 514 000
Total Equity	6 156 000	7 898 000	8 371 000	8 033 000
Total Long-Term Debt	593 000	437 000	554 000	0
Total Current Debt	10 990 000	14 664 000	9 397 000	7 896 000
Total Equity and Debt	17 739 000	22 998 000	18 321 000	15 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 664 000	57 612 000	53 040 000	44 027 000
Other Income	90 000	1 422 000	727 000	777 000
Revenue	60 754 000	59 034 000	53 767 000	44 804 000
Cost of Goods Sold	20 104 000	28 352 000	22 338 000	15 927 000
Salary Costs	18 388 000	13 586 000	15 869 000	14 926 000
Depreciation	471 000	314 000	314 000	139 000
Impairment	0	0	0	0
Expenditure	62 112 000	59 387 000	53 368 000	43 799 000
Operating Profit	−1 358 000	−352 000	399 000	1 006 000
Financial Income	6 000	86 000	203 000	0
Financial Costs	390 000	207 000	263 000	344 000
Financial Balance	−384 000	−121 000	−60 000	−344 000
Dividends	0	0	0	0
Net Income	−1 741 000	−473 000	338 000	662 000

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	1 506 000	1 143 000	1 138 000	137 000
Total Tangible Assets	1 506 000	1 143 000	1 138 000	137 000
Total Fiancial Fixed Assets	0	0	0	142 000
Total Fixed Assets	1 506 000	1 143 000	1 138 000	279 000
Stock	0	0	0	0
Total Investments	356 000	430 000	334 000	0
Cash, Bank	2 931 000	4 855 000	3 623 000	3 614 000
Total Current Assets	16 232 000	21 855 000	17 183 000	15 650 000
Total Assets	17 739 000	22 998 000	18 321 000	15 929 000
Total Equity	6 156 000	7 898 000	8 371 000	8 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	593 000	437 000	554 000	0
Creditors	3 392 000	11 740 000	6 038 000	3 039 000
Unpaid Taxes	1 553 000	1 045 000	1 941 000	3 496 000
Dividends	0	0	0	0
Other Current Debt	2 050 000	1 880 000	1 417 000	1 361 000
Total Current Debt	10 990 000	14 664 000	9 397 000	7 896 000
Total Equity and Debt	17 739 000	22 998 000	18 321 000	15 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,28 %	−5,99 %	4,04 %	8,24 %
Debt-to-Equity Ratio	0,1	0,06	0,07	0
Operating Profit Margin	−2,24 %	−0,6 %	0,74 %	2,25 %
Current Ratio	1,48	1,49	1,83	1,98
Quick Ratio	1,48	1,49	1,83	1,98
Equity Ratio	0,35	0,34	0,46	0,5
Gross Profit Margin	66,91 %	51,97 %	58,45 %	64,45 %