NORGESFLYTT AS

1823 KNAPSTAD

Finances

Share Ownership

Return on Equity

37,5 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 256 000	3 358 000	2 487 000	2 480 000
Net Income	174 000	256 000	363 000	291 000
Total Assets	1 736 000	961 000	1 019 000	1 300 000
Total Equity	464 000	290 000	424 000	360 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 256 000	3 358 000	2 487 000	2 480 000
Expenditure	4 029 000	3 029 000	1 995 000	2 131 000
Operating Profit	226 000	330 000	492 000	348 000
Financial Income	5 000	10 000	5 000	6 000
Financial Costs	8 000	7 000	13 000	5 000
Financial Balance	−3 000	3 000	−8 000	1 000
Earnings Before Tax	222 000	332 000	483 000	349 000
Tax	48 000	76 000	120 000	58 000
Net Income	174 000	256 000	363 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	608 000	306 000	425 000	551 000
Total Current Assets	1 128 000	655 000	595 000	749 000
Total Assets	1 736 000	961 000	1 019 000	1 300 000
Total Retained Equity	434 000	260 000	394 000	330 000
Total Equity	464 000	290 000	424 000	360 000
Total Long-Term Debt	326 000	52 000	128 000	180 000
Total Current Debt	946 000	620 000	468 000	760 000
Total Equity and Debt	1 736 000	961 000	1 019 000	1 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 256 000	3 358 000	2 487 000	2 530 000
Other Income	0	0	0	−50 000
Revenue	4 256 000	3 358 000	2 487 000	2 480 000
Cost of Goods Sold	495 000	156 000	78 000	180 000
Salary Costs	2 956 000	2 335 000	1 512 000	1 680 000
Depreciation	81 000	100 000	132 000	134 000
Impairment	0	0	0	0
Expenditure	4 029 000	3 029 000	1 995 000	2 131 000
Operating Profit	226 000	330 000	492 000	348 000
Financial Income	5 000	10 000	5 000	6 000
Financial Costs	8 000	7 000	13 000	5 000
Financial Balance	−3 000	3 000	−8 000	1 000
Dividends	0	390 000	300 000	500 000
Net Income	174 000	256 000	363 000	291 000

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	524 000	306 000	425 000	551 000
Total Tangible Assets	524 000	306 000	425 000	551 000
Total Fiancial Fixed Assets	84 000	0	0	0
Total Fixed Assets	608 000	306 000	425 000	551 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	244 000	277 000	208 000
Total Current Assets	1 128 000	655 000	595 000	749 000
Total Assets	1 736 000	961 000	1 019 000	1 300 000
Total Equity	464 000	290 000	424 000	360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	326 000	52 000	128 000	180 000
Creditors	93 000	34 000	11 000	11 000
Unpaid Taxes	590 000	315 000	207 000	217 000
Dividends	0	390 000	300 000	500 000
Other Current Debt	237 000	188 000	137 000	474 000
Total Current Debt	946 000	620 000	468 000	760 000
Total Equity and Debt	1 736 000	961 000	1 019 000	1 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,5 %	88,28 %	85,61 %	80,83 %
Debt-to-Equity Ratio	0,7	0,18	0,3	0,5
Operating Profit Margin	5,31 %	9,83 %	19,78 %	14,03 %
Current Ratio	1,19	1,06	1,27	0,99
Quick Ratio	1,19	1,06	1,27	0,99
Equity Ratio	0,27	0,3	0,42	0,28
Gross Profit Margin	88,37 %	95,35 %	96,86 %	92,74 %