NVBS RAIL NORWAY AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

20,7 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 411 000	20 022 000	41 041 000	24 448 000
Net Income	1 503 000	609 000	1 721 000	3 398 000
Total Assets	13 899 000	10 831 000	41 654 000	10 428 000
Total Equity	7 260 000	5 757 000	5 149 000	3 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 411 000	20 022 000	41 041 000	24 448 000
Expenditure	15 644 000	20 637 000	38 726 000	20 733 000
Operating Profit	1 767 000	−616 000	2 315 000	3 714 000
Financial Income	442 000	1 906 000	1 000	246 000
Financial Costs	281 000	510 000	495 000	562 000
Financial Balance	161 000	1 396 000	−494 000	−316 000
Earnings Before Tax	1 928 000	781 000	1 821 000	3 398 000
Tax	425 000	172 000	100 000	0
Net Income	1 503 000	609 000	1 721 000	3 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	137 000	256 000	226 000
Total Current Assets	13 403 000	10 693 000	41 398 000	10 202 000
Total Assets	13 899 000	10 831 000	41 654 000	10 428 000
Total Retained Equity	2 380 000	877 000	269 000	−1 452 000
Total Equity	7 260 000	5 757 000	5 149 000	3 428 000
Total Long-Term Debt	439 000	0	11 000	0
Total Current Debt	6 200 000	5 073 000	36 494 000	6 999 000
Total Equity and Debt	13 899 000	10 831 000	41 654 000	10 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 411 000	20 022 000	41 041 000	24 448 000
Other Income	0	0	0	0
Revenue	17 411 000	20 022 000	41 041 000	24 448 000
Cost of Goods Sold	9 921 000	15 019 000	32 726 000	18 279 000
Salary Costs	3 066 000	2 975 000	2 298 000	1 483 000
Depreciation	84 000	102 000	96 000	65 000
Impairment	0	0	0	0
Expenditure	15 644 000	20 637 000	38 726 000	20 733 000
Operating Profit	1 767 000	−616 000	2 315 000	3 714 000
Financial Income	442 000	1 906 000	1 000	246 000
Financial Costs	281 000	510 000	495 000	562 000
Financial Balance	161 000	1 396 000	−494 000	−316 000
Dividends	0	0	0	0
Net Income	1 503 000	609 000	1 721 000	3 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	490 000	137 000	240 000	226 000
Total Tangible Assets	490 000	137 000	240 000	226 000
Total Fiancial Fixed Assets	0	0	17 000	0
Total Fixed Assets	496 000	137 000	256 000	226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	112 000	90 000	2 392 000
Total Current Assets	13 403 000	10 693 000	41 398 000	10 202 000
Total Assets	13 899 000	10 831 000	41 654 000	10 428 000
Total Equity	7 260 000	5 757 000	5 149 000	3 428 000
Short-Term Group Debt	430 000	444 000	477 000	412 000
Total Long-Term Debt	439 000	0	11 000	0
Creditors	4 406 000	1 662 000	29 571 000	5 973 000
Unpaid Taxes	500 000	658 000	156 000	170 000
Dividends	0	0	0	0
Other Current Debt	414 000	2 105 000	6 165 000	445 000
Total Current Debt	6 200 000	5 073 000	36 494 000	6 999 000
Total Equity and Debt	13 899 000	10 831 000	41 654 000	10 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,7 %	10,58 %	33,42 %	99,12 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	10,15 %	−3,08 %	5,64 %	15,19 %
Current Ratio	2,16	2,11	1,13	1,46
Quick Ratio	2,16	2,11	1,13	1,46
Equity Ratio	0,52	0,53	0,12	0,33
Gross Profit Margin	43,02 %	24,99 %	20,26 %	25,23 %