NORDVÆR AS

8850 HERØY

Finances

Share Ownership

Return on Equity

44,44 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 000	10 000	0	540 000
Net Income	32 000	7 000	−8 000	5 000
Total Assets	116 000	44 000	35 000	146 000
Total Equity	72 000	39 000	32 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 000	10 000	0	540 000
Expenditure	54 000	6 000	8 000	534 000
Operating Profit	32 000	3 000	−8 000	6 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	32 000	3 000	−8 000	6 000
Tax	0	−4 000	0	1 000
Net Income	32 000	7 000	−8 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	116 000	44 000	35 000	146 000
Total Assets	116 000	44 000	35 000	146 000
Total Retained Equity	42 000	9 000	2 000	10 000
Total Equity	72 000	39 000	32 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	5 000	3 000	106 000
Total Equity and Debt	116 000	44 000	35 000	146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 000	10 000	0	540 000
Other Income	0	0	0	0
Revenue	86 000	10 000	0	540 000
Cost of Goods Sold	14 000	0	0	0
Salary Costs	0	0	0	438 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	54 000	6 000	8 000	534 000
Operating Profit	32 000	3 000	−8 000	6 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	32 000	7 000	−8 000	5 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	45 000	35 000	28 000
Total Current Assets	116 000	44 000	35 000	146 000
Total Assets	116 000	44 000	35 000	146 000
Total Equity	72 000	39 000	32 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	0	0
Unpaid Taxes	19 000	2 000	0	33 000
Dividends	0	0	0	0
Other Current Debt	19 000	2 000	−1 000	70 000
Total Current Debt	45 000	5 000	3 000	106 000
Total Equity and Debt	116 000	44 000	35 000	146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,44 %	17,95 %	−25 %	12,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,21 %	30 %	-	1,11 %
Current Ratio	2,58	8,8	11,67	1,38
Quick Ratio	2,58	8,8	11,67	1,38
Equity Ratio	0,62	0,89	0,91	0,27
Gross Profit Margin	83,72 %	100 %	-	100 %