NORWEST EIENDOM AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

11,01 %

Current Ratio

0,72

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 366 000	1 036 000	1 012 000	997 000
Net Income	300 000	188 000	156 000	107 000
Total Assets	13 199 000	12 000 000	12 307 000	12 172 000
Total Equity	2 724 000	2 424 000	2 236 000	2 288 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 366 000	1 036 000	1 012 000	997 000
Expenditure	686 000	510 000	415 000	423 000
Operating Profit	680 000	526 000	596 000	574 000
Financial Income	0	0	0	0
Financial Costs	295 000	285 000	397 000	437 000
Financial Balance	−295 000	−285 000	−397 000	−437 000
Earnings Before Tax	385 000	241 000	199 000	137 000
Tax	85 000	53 000	44 000	30 000
Net Income	300 000	188 000	156 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 008 000	11 396 000	11 639 000	11 947 000
Total Current Assets	1 192 000	603 000	668 000	225 000
Total Assets	13 199 000	12 000 000	12 307 000	12 172 000
Total Retained Equity	808 000	508 000	320 000	372 000
Total Equity	2 724 000	2 424 000	2 236 000	2 288 000
Total Long-Term Debt	8 819 000	9 392 000	9 761 000	9 799 000
Total Current Debt	1 656 000	184 000	310 000	85 000
Total Equity and Debt	13 199 000	12 000 000	12 307 000	12 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	242 000	1 036 000	1 012 000	997 000
Other Income	1 124 000	0	0	0
Revenue	1 366 000	1 036 000	1 012 000	997 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	366 000	356 000	353 000	350 000
Impairment	0	0	0	0
Expenditure	686 000	510 000	415 000	423 000
Operating Profit	680 000	526 000	596 000	574 000
Financial Income	0	0	0	0
Financial Costs	295 000	285 000	397 000	437 000
Financial Balance	−295 000	−285 000	−397 000	−437 000
Dividends	0	0	208 000	0
Net Income	300 000	188 000	156 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 113 000	11 396 000	11 639 000	11 947 000
Machinery and Plant Facilities	894 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 008 000	11 396 000	11 639 000	11 947 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 008 000	11 396 000	11 639 000	11 947 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	403 000	460 000	17 000
Total Current Assets	1 192 000	603 000	668 000	225 000
Total Assets	13 199 000	12 000 000	12 307 000	12 172 000
Total Equity	2 724 000	2 424 000	2 236 000	2 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 819 000	9 392 000	9 761 000	9 799 000
Creditors	1 497 000	97 000	4 000	0
Unpaid Taxes	77 000	23 000	41 000	41 000
Dividends	0	0	208 000	0
Other Current Debt	41 000	20 000	26 000	31 000
Total Current Debt	1 656 000	184 000	310 000	85 000
Total Equity and Debt	13 199 000	12 000 000	12 307 000	12 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,01 %	7,76 %	6,98 %	4,68 %
Debt-to-Equity Ratio	3,24	3,87	4,37	4,28
Operating Profit Margin	49,78 %	50,77 %	58,89 %	57,57 %
Current Ratio	0,72	3,28	2,15	2,65
Quick Ratio	0,72	3,28	2,15	2,65
Equity Ratio	0,21	0,2	0,18	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %