NORWEGIAN FASHION CENTER AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

41,92 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 524 000	2 902 000	3 521 000	4 154 000
Net Income	366 000	74 000	14 000	257 000
Total Assets	2 582 000	2 435 000	2 460 000	3 132 000
Total Equity	873 000	507 000	432 000	448 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 524 000	2 902 000	3 521 000	4 154 000
Expenditure	3 066 000	2 824 000	3 502 000	3 806 000
Operating Profit	458 000	77 000	18 000	348 000
Financial Income	11 000	5 000	10 000	7 000
Financial Costs	0	0	1 000	1 000
Financial Balance	11 000	5 000	9 000	6 000
Earnings Before Tax	469 000	83 000	27 000	354 000
Tax	103 000	8 000	13 000	97 000
Net Income	366 000	74 000	14 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	10 000
Total Current Assets	2 582 000	2 435 000	2 460 000	3 121 000
Total Assets	2 582 000	2 435 000	2 460 000	3 132 000
Total Retained Equity	843 000	477 000	402 000	418 000
Total Equity	873 000	507 000	432 000	448 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 709 000	1 929 000	2 028 000	2 683 000
Total Equity and Debt	2 582 000	2 435 000	2 460 000	3 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 524 000	2 902 000	3 521 000	4 154 000
Other Income	0	0	0	0
Revenue	3 524 000	2 902 000	3 521 000	4 154 000
Cost of Goods Sold	177 000	137 000	549 000	998 000
Salary Costs	1 208 000	1 214 000	1 434 000	1 474 000
Depreciation	0	0	10 000	190 000
Impairment	0	0	0	0
Expenditure	3 066 000	2 824 000	3 502 000	3 806 000
Operating Profit	458 000	77 000	18 000	348 000
Financial Income	11 000	5 000	10 000	7 000
Financial Costs	0	0	1 000	1 000
Financial Balance	11 000	5 000	9 000	6 000
Dividends	0	0	30 000	0
Net Income	366 000	74 000	14 000	257 000

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	0	0	0	10 000
Total Tangible Assets	0	0	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 599 000	1 480 000	1 759 000	1 918 000
Total Current Assets	2 582 000	2 435 000	2 460 000	3 121 000
Total Assets	2 582 000	2 435 000	2 460 000	3 132 000
Total Equity	873 000	507 000	432 000	448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	158 000	138 000	176 000	295 000
Unpaid Taxes	155 000	256 000	254 000	354 000
Dividends	0	0	30 000	0
Other Current Debt	1 293 000	1 526 000	1 554 000	1 938 000
Total Current Debt	1 709 000	1 929 000	2 028 000	2 683 000
Total Equity and Debt	2 582 000	2 435 000	2 460 000	3 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,92 %	14,6 %	3,24 %	57,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13 %	2,65 %	0,51 %	8,38 %
Current Ratio	1,51	1,26	1,21	1,16
Quick Ratio	1,51	1,26	1,21	1,16
Equity Ratio	0,34	0,21	0,18	0,14
Gross Profit Margin	94,98 %	95,28 %	84,41 %	75,97 %