NORWEGIAN SALES GROUP AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

139,74 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 621 000	3 460 000	4 833 000	3 815 000
Net Income	422 000	70 000	625 000	632 000
Total Assets	1 772 000	1 097 000	2 653 000	2 099 000
Total Equity	302 000	180 000	110 000	1 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 621 000	3 460 000	4 833 000	3 815 000
Expenditure	5 080 000	3 369 000	4 031 000	3 005 000
Operating Profit	541 000	91 000	803 000	810 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	541 000	90 000	802 000	810 000
Tax	119 000	20 000	177 000	178 000
Net Income	422 000	70 000	625 000	632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 772 000	1 097 000	2 653 000	2 099 000
Total Assets	1 772 000	1 097 000	2 653 000	2 099 000
Total Retained Equity	272 000	150 000	80 000	1 355 000
Total Equity	302 000	180 000	110 000	1 385 000
Total Long-Term Debt	10 000	13 000	0	0
Total Current Debt	1 460 000	904 000	2 543 000	715 000
Total Equity and Debt	1 772 000	1 097 000	2 653 000	2 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 621 000	3 460 000	4 833 000	3 815 000
Other Income	0	0	0	0
Revenue	5 621 000	3 460 000	4 833 000	3 815 000
Cost of Goods Sold	0	0	38 000	27 000
Salary Costs	1 183 000	1 535 000	1 728 000	1 554 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 080 000	3 369 000	4 031 000	3 005 000
Operating Profit	541 000	91 000	803 000	810 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Dividends	300 000	0	1 900 000	0
Net Income	422 000	70 000	625 000	632 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 117 000	322 000	2 212 000	1 271 000
Total Current Assets	1 772 000	1 097 000	2 653 000	2 099 000
Total Assets	1 772 000	1 097 000	2 653 000	2 099 000
Total Equity	302 000	180 000	110 000	1 385 000
Short-Term Group Debt	0	400 000	0	0
Total Long-Term Debt	10 000	13 000	0	0
Creditors	360 000	30 000	65 000	4 000
Unpaid Taxes	181 000	166 000	131 000	205 000
Dividends	300 000	0	1 900 000	0
Other Current Debt	497 000	301 000	270 000	327 000
Total Current Debt	1 460 000	904 000	2 543 000	715 000
Total Equity and Debt	1 772 000	1 097 000	2 653 000	2 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,74 %	38,89 %	568,18 %	45,63 %
Debt-to-Equity Ratio	0,03	0,07	0	0
Operating Profit Margin	9,62 %	2,63 %	16,61 %	21,23 %
Current Ratio	1,21	1,21	1,04	2,94
Quick Ratio	1,21	1,21	1,04	2,94
Equity Ratio	0,17	0,16	0,04	0,66
Gross Profit Margin	100 %	100 %	99,21 %	99,29 %