NORWEGIAN FORWARDING AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

114,98 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 855 000	38 333 000	11 509 000	9 579 000
Net Income	3 822 000	1 249 000	559 000	249 000
Total Assets	8 579 000	5 948 000	1 976 000	1 323 000
Total Equity	3 324 000	1 842 000	593 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 855 000	38 333 000	11 509 000	9 579 000
Expenditure	40 988 000	36 558 000	10 773 000	9 238 000
Operating Profit	4 868 000	1 774 000	736 000	342 000
Financial Income	44 000	12 000	0	0
Financial Costs	6 000	184 000	19 000	23 000
Financial Balance	38 000	−172 000	−19 000	−23 000
Earnings Before Tax	4 906 000	1 602 000	717 000	319 000
Tax	1 084 000	352 000	158 000	70 000
Net Income	3 822 000	1 249 000	559 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	19 000
Total Current Assets	8 579 000	5 948 000	1 976 000	1 304 000
Total Assets	8 579 000	5 948 000	1 976 000	1 323 000
Total Retained Equity	3 224 000	1 742 000	493 000	−67 000
Total Equity	3 324 000	1 842 000	593 000	33 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 254 000	4 105 000	1 383 000	1 290 000
Total Equity and Debt	8 579 000	5 948 000	1 976 000	1 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 855 000	38 333 000	11 509 000	9 579 000
Other Income	0	0	0	0
Revenue	45 855 000	38 333 000	11 509 000	9 579 000
Cost of Goods Sold	37 609 000	33 625 000	9 347 000	8 109 000
Salary Costs	2 950 000	1 859 000	1 166 000	742 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 988 000	36 558 000	10 773 000	9 238 000
Operating Profit	4 868 000	1 774 000	736 000	342 000
Financial Income	44 000	12 000	0	0
Financial Costs	6 000	184 000	19 000	23 000
Financial Balance	38 000	−172 000	−19 000	−23 000
Dividends	0	0	0	0
Net Income	3 822 000	1 249 000	559 000	249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 000
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	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 086 000	2 956 000	828 000	409 000
Total Current Assets	8 579 000	5 948 000	1 976 000	1 304 000
Total Assets	8 579 000	5 948 000	1 976 000	1 323 000
Total Equity	3 324 000	1 842 000	593 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 070 000	2 009 000	330 000	44 000
Unpaid Taxes	361 000	174 000	98 000	76 000
Dividends	0	0	0	0
Other Current Debt	3 400 000	1 570 000	816 000	1 169 000
Total Current Debt	5 254 000	4 105 000	1 383 000	1 290 000
Total Equity and Debt	8 579 000	5 948 000	1 976 000	1 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,98 %	67,81 %	94,27 %	754,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,62 %	4,63 %	6,39 %	3,57 %
Current Ratio	1,63	1,45	1,43	1,01
Quick Ratio	1,63	1,45	1,43	1,01
Equity Ratio	0,39	0,31	0,3	0,02
Gross Profit Margin	17,98 %	12,28 %	18,79 %	15,35 %