NARVIK EL AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

198,25 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 760 000	30 868 000	27 736 000	23 828 000
Net Income	2 040 000	3 584 000	2 084 000	2 795 000
Total Assets	7 917 000	10 539 000	9 514 000	7 714 000
Total Equity	1 029 000	1 700 000	1 616 000	2 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 760 000	30 868 000	27 736 000	23 828 000
Expenditure	23 143 000	26 257 000	25 060 000	20 228 000
Operating Profit	2 616 000	4 612 000	2 676 000	3 600 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	9 000	18 000	3 000	17 000
Financial Balance	3 000	−15 000	−2 000	−16 000
Earnings Before Tax	2 618 000	4 597 000	2 674 000	3 585 000
Tax	578 000	1 012 000	590 000	790 000
Net Income	2 040 000	3 584 000	2 084 000	2 795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	661 000	820 000	994 000	455 000
Total Current Assets	7 255 000	9 718 000	8 520 000	7 259 000
Total Assets	7 917 000	10 539 000	9 514 000	7 714 000
Total Retained Equity	929 000	1 600 000	1 516 000	2 581 000
Total Equity	1 029 000	1 700 000	1 616 000	2 681 000
Total Long-Term Debt	0	13 000	199 000	136 000
Total Current Debt	6 888 000	8 826 000	7 699 000	4 898 000
Total Equity and Debt	7 917 000	10 539 000	9 514 000	7 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 950 000	30 649 000	27 712 000	23 866 000
Other Income	−190 000	219 000	24 000	−38 000
Revenue	25 760 000	30 868 000	27 736 000	23 828 000
Cost of Goods Sold	8 803 000	10 616 000	10 569 000	8 389 000
Salary Costs	10 929 000	12 448 000	11 522 000	9 182 000
Depreciation	250 000	240 000	190 000	115 000
Impairment	0	0	0	0
Expenditure	23 143 000	26 257 000	25 060 000	20 228 000
Operating Profit	2 616 000	4 612 000	2 676 000	3 600 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	9 000	18 000	3 000	17 000
Financial Balance	3 000	−15 000	−2 000	−16 000
Dividends	2 650 000	3 500 000	3 150 000	1 200 000
Net Income	2 040 000	3 584 000	2 084 000	2 795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	639 000	791 000	948 000	392 000
Total Tangible Assets	639 000	791 000	948 000	392 000
Total Fiancial Fixed Assets	12 000	29 000	46 000	63 000
Total Fixed Assets	661 000	820 000	994 000	455 000
Stock	274 000	251 000	161 000	234 000
Total Investments	0	0	0	0
Cash, Bank	2 967 000	4 849 000	4 971 000	3 761 000
Total Current Assets	7 255 000	9 718 000	8 520 000	7 259 000
Total Assets	7 917 000	10 539 000	9 514 000	7 714 000
Total Equity	1 029 000	1 700 000	1 616 000	2 681 000
Short-Term Group Debt	79 000	0	0	0
Total Long-Term Debt	0	13 000	199 000	136 000
Creditors	527 000	596 000	673 000	360 000
Unpaid Taxes	1 483 000	1 904 000	1 993 000	1 417 000
Dividends	2 650 000	3 500 000	3 150 000	1 200 000
Other Current Debt	1 565 000	1 627 000	1 357 000	1 276 000
Total Current Debt	6 888 000	8 826 000	7 699 000	4 898 000
Total Equity and Debt	7 917 000	10 539 000	9 514 000	7 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	198,25 %	210,82 %	128,96 %	104,25 %
Debt-to-Equity Ratio	0	0,01	0,12	0,05
Operating Profit Margin	10,16 %	14,94 %	9,65 %	15,11 %
Current Ratio	1,05	1,1	1,11	1,48
Quick Ratio	1,1	1,13	1,13	1,56
Equity Ratio	0,13	0,16	0,17	0,35
Gross Profit Margin	65,83 %	65,61 %	61,89 %	64,79 %