NORVALD STRANDS VEG 43 AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

10,79 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 737 000	1 679 000	1 668 000	1 379 000
Net Income	285 000	748 000	578 000	−743 000
Total Assets	5 220 000	5 026 000	5 864 000	6 644 000
Total Equity	2 642 000	2 749 000	2 844 000	2 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 737 000	1 679 000	1 668 000	1 379 000
Expenditure	1 362 000	690 000	878 000	2 293 000
Operating Profit	375 000	988 000	790 000	−914 000
Financial Income	0	0	0	0
Financial Costs	9 000	29 000	49 000	38 000
Financial Balance	−9 000	−29 000	−49 000	−38 000
Earnings Before Tax	366 000	959 000	741 000	−953 000
Tax	81 000	211 000	163 000	−210 000
Net Income	285 000	748 000	578 000	−743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 010 000	4 366 000	4 723 000	5 080 000
Total Current Assets	1 210 000	659 000	1 141 000	1 564 000
Total Assets	5 220 000	5 026 000	5 864 000	6 644 000
Total Retained Equity	1 391 000	1 498 000	1 593 000	1 674 000
Total Equity	2 642 000	2 749 000	2 844 000	2 925 000
Total Long-Term Debt	1 637 000	886 000	1 642 000	2 558 000
Total Current Debt	941 000	1 391 000	1 378 000	1 161 000
Total Equity and Debt	5 220 000	5 026 000	5 864 000	6 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 737 000	1 679 000	1 668 000	1 379 000
Revenue	1 737 000	1 679 000	1 668 000	1 379 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	357 000	357 000	357 000	332 000
Impairment	0	0	0	0
Expenditure	1 362 000	690 000	878 000	2 293 000
Operating Profit	375 000	988 000	790 000	−914 000
Financial Income	0	0	0	0
Financial Costs	9 000	29 000	49 000	38 000
Financial Balance	−9 000	−29 000	−49 000	−38 000
Dividends	0	0	0	0
Net Income	285 000	748 000	578 000	−743 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 010 000	4 366 000	4 723 000	5 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 010 000	4 366 000	4 723 000	5 080 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 010 000	4 366 000	4 723 000	5 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	278 000	164 000	1 105 000	330 000
Total Current Assets	1 210 000	659 000	1 141 000	1 564 000
Total Assets	5 220 000	5 026 000	5 864 000	6 644 000
Total Equity	2 642 000	2 749 000	2 844 000	2 925 000
Short-Term Group Debt	542 000	1 110 000	1 022 000	0
Total Long-Term Debt	1 637 000	886 000	1 642 000	2 558 000
Creditors	17 000	113 000	233 000	719 000
Unpaid Taxes	136 000	0	20 000	0
Dividends	0	0	0	0
Other Current Debt	247 000	168 000	103 000	442 000
Total Current Debt	941 000	1 391 000	1 378 000	1 161 000
Total Equity and Debt	5 220 000	5 026 000	5 864 000	6 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,79 %	27,21 %	20,32 %	−25,4 %
Debt-to-Equity Ratio	0,62	0,32	0,58	0,87
Operating Profit Margin	21,59 %	58,84 %	47,36 %	−66,28 %
Current Ratio	1,29	0,47	0,83	1,35
Quick Ratio	1,29	0,47	0,83	1,35
Equity Ratio	0,51	0,55	0,48	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %