NORWEGIAN INSURANCE MANAGEMENT AS

3413 LIER

Finances

Return on Equity

98,5 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 610 000	15 551 000	12 777 000	10 840 000
Net Income	2 034 000	1 842 000	1 351 000	1 007 000
Total Assets	5 718 000	6 491 000	5 103 000	4 208 000
Total Equity	2 065 000	1 872 000	2 809 000	2 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 610 000	15 551 000	12 777 000	10 840 000
Expenditure	15 019 000	13 220 000	11 052 000	9 704 000
Operating Profit	2 591 000	2 333 000	1 726 000	1 136 000
Financial Income	19 000	89 000	10 000	1 000
Financial Costs	1 000	15 000	3 000	1 000
Financial Balance	18 000	74 000	7 000	0
Earnings Before Tax	2 609 000	2 407 000	1 733 000	1 137 000
Tax	575 000	564 000	382 000	130 000
Net Income	2 034 000	1 842 000	1 351 000	1 007 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	27 000	78 000	60 000
Total Current Assets	5 706 000	6 465 000	5 025 000	4 147 000
Total Assets	5 718 000	6 491 000	5 103 000	4 208 000
Total Retained Equity	192 000	0	779 000	28 000
Total Equity	2 065 000	1 872 000	2 809 000	2 058 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 654 000	4 619 000	2 294 000	2 150 000
Total Equity and Debt	5 718 000	6 491 000	5 103 000	4 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 569 000	15 487 000	12 676 000	10 840 000
Other Income	41 000	64 000	100 000	0
Revenue	17 610 000	15 551 000	12 777 000	10 840 000
Cost of Goods Sold	859 000	0	2 000	33 000
Salary Costs	12 522 000	9 962 000	8 877 000	8 790 000
Depreciation	16 000	24 000	30 000	22 000
Impairment	0	0	0	0
Expenditure	15 019 000	13 220 000	11 052 000	9 704 000
Operating Profit	2 591 000	2 333 000	1 726 000	1 136 000
Financial Income	19 000	89 000	10 000	1 000
Financial Costs	1 000	15 000	3 000	1 000
Financial Balance	18 000	74 000	7 000	0
Dividends	0	0	0	0
Net Income	2 034 000	1 842 000	1 351 000	1 007 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	3 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	24 000	47 000	30 000
Total Tangible Assets	8 000	24 000	47 000	30 000
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	12 000	27 000	78 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 833 000	3 227 000	2 818 000	2 669 000
Total Current Assets	5 706 000	6 465 000	5 025 000	4 147 000
Total Assets	5 718 000	6 491 000	5 103 000	4 208 000
Total Equity	2 065 000	1 872 000	2 809 000	2 058 000
Short-Term Group Debt	0	0	0	149 000
Total Long-Term Debt	0	0	0	0
Creditors	293 000	13 000	37 000	60 000
Unpaid Taxes	1 287 000	1 141 000	840 000	898 000
Dividends	0	0	0	0
Other Current Debt	1 498 000	2 899 000	1 034 000	945 000
Total Current Debt	3 654 000	4 619 000	2 294 000	2 150 000
Total Equity and Debt	5 718 000	6 491 000	5 103 000	4 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,5 %	98,4 %	48,1 %	48,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,71 %	15 %	13,51 %	10,48 %
Current Ratio	1,56	1,4	2,19	1,93
Quick Ratio	1,56	1,4	2,19	1,93
Equity Ratio	0,36	0,29	0,55	0,49
Gross Profit Margin	95,12 %	100 %	99,98 %	99,7 %