NORGE 1927 AS

5036 BERGEN

Finances

Share Ownership

Return on Equity

−6,45 %

Current Ratio

10,12

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 000	652 000	409 000	276 000
Net Income	−14 000	125 000	38 000	9 000
Total Assets	257 000	274 000	139 000	103 000
Total Equity	217 000	231 000	106 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 000	652 000	409 000	276 000
Expenditure	585 000	491 000	360 000	264 000
Operating Profit	−18 000	161 000	49 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−18 000	161 000	49 000	13 000
Tax	−4 000	35 000	11 000	3 000
Net Income	−14 000	125 000	38 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	0	0	0
Total Current Assets	253 000	274 000	139 000	103 000
Total Assets	257 000	274 000	139 000	103 000
Total Retained Equity	167 000	181 000	56 000	18 000
Total Equity	217 000	231 000	106 000	68 000
Total Long-Term Debt	15 000	3 000	19 000	24 000
Total Current Debt	25 000	39 000	14 000	11 000
Total Equity and Debt	257 000	274 000	139 000	103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	567 000	652 000	409 000	276 000
Other Income	0	0	0	0
Revenue	567 000	652 000	409 000	276 000
Cost of Goods Sold	461 000	337 000	287 000	188 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	585 000	491 000	360 000	264 000
Operating Profit	−18 000	161 000	49 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−14 000	125 000	38 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	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	4 000	0	0	0
Stock	178 000	216 000	104 000	54 000
Total Investments	0	0	0	0
Cash, Bank	75 000	58 000	35 000	39 000
Total Current Assets	253 000	274 000	139 000	103 000
Total Assets	257 000	274 000	139 000	103 000
Total Equity	217 000	231 000	106 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	3 000	19 000	24 000
Creditors	0	0	0	0
Unpaid Taxes	0	4 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	8 000
Total Current Debt	25 000	39 000	14 000	11 000
Total Equity and Debt	257 000	274 000	139 000	103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,45 %	54,11 %	35,85 %	13,24 %
Debt-to-Equity Ratio	0,07	0,01	0,18	0,35
Operating Profit Margin	−3,17 %	24,69 %	11,98 %	4,71 %
Current Ratio	10,12	7,03	9,93	9,36
Quick Ratio	−1,65	−1,55	−1,54	−2,4
Equity Ratio	0,84	0,84	0,76	0,66
Gross Profit Margin	18,69 %	48,31 %	29,83 %	31,88 %