NØRVE AS

9420 LUNDENES

Finances

Share Ownership

Return on Equity

16,35 %

Current Ratio

3,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	843 000	609 000	798 000	1 022 000
Net Income	78 000	148 000	512 000	501 000
Total Assets	633 000	1 423 000	1 495 000	977 000
Total Equity	477 000	1 299 000	1 311 000	799 000

Income (NOK)	2022	2021	2020	2019
Revenue	843 000	609 000	798 000	1 022 000
Expenditure	640 000	717 000	280 000	379 000
Operating Profit	203 000	−107 000	518 000	643 000
Financial Income	229 000	255 000	109 000	0
Financial Costs	333 000	0	1 000	0
Financial Balance	−104 000	255 000	108 000	0
Earnings Before Tax	99 000	148 000	626 000	643 000
Tax	21 000	0	114 000	142 000
Net Income	78 000	148 000	512 000	501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	0	0	0
Total Current Assets	609 000	1 423 000	1 495 000	977 000
Total Assets	633 000	1 423 000	1 495 000	977 000
Total Retained Equity	447 000	1 275 000	1 287 000	775 000
Total Equity	477 000	1 299 000	1 311 000	799 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	156 000	124 000	184 000	178 000
Total Equity and Debt	633 000	1 423 000	1 495 000	977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	843 000	609 000	798 000	1 022 000
Other Income	0	0	0	0
Revenue	843 000	609 000	798 000	1 022 000
Cost of Goods Sold	0	0	50 000	306 000
Salary Costs	580 000	687 000	216 000	27 000
Depreciation	12 000	0	0	0
Impairment	0	0	0	0
Expenditure	640 000	717 000	280 000	379 000
Operating Profit	203 000	−107 000	518 000	643 000
Financial Income	229 000	255 000	109 000	0
Financial Costs	333 000	0	1 000	0
Financial Balance	−104 000	255 000	108 000	0
Dividends	900 000	160 000	0	0
Net Income	78 000	148 000	512 000	501 000

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	24 000	0	0	0
Total Tangible Assets	24 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	0	0	0
Stock	0	0	0	0
Total Investments	243 000	1 237 000	982 000	0
Cash, Bank	220 000	71 000	412 000	807 000
Total Current Assets	609 000	1 423 000	1 495 000	977 000
Total Assets	633 000	1 423 000	1 495 000	977 000
Total Equity	477 000	1 299 000	1 311 000	799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	80 000	50 000	47 000	33 000
Dividends	900 000	160 000	0	0
Other Current Debt	55 000	74 000	23 000	3 000
Total Current Debt	156 000	124 000	184 000	178 000
Total Equity and Debt	633 000	1 423 000	1 495 000	977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,35 %	11,39 %	39,05 %	62,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,08 %	−17,57 %	64,91 %	62,92 %
Current Ratio	3,9	11,48	8,13	5,49
Quick Ratio	3,9	11,48	8,13	5,49
Equity Ratio	0,75	0,91	0,88	0,82
Gross Profit Margin	100 %	100 %	93,73 %	70,06 %