NORWICE AS

2208 KONGSVINGER

Finances

Share Ownership

Return on Equity

1,07 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 462 000	2 366 000	2 966 000	2 030 000
Net Income	7 000	−8 000	190 000	267 000
Total Assets	1 329 000	1 228 000	1 411 000	1 095 000
Total Equity	655 000	648 000	656 000	466 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 462 000	2 366 000	2 966 000	2 030 000
Expenditure	2 457 000	2 381 000	2 722 000	1 688 000
Operating Profit	4 000	−15 000	244 000	343 000
Financial Income	6 000	5 000	2 000	0
Financial Costs	0	1 000	3 000	0
Financial Balance	6 000	4 000	−1 000	0
Earnings Before Tax	10 000	−10 000	243 000	343 000
Tax	2 000	−2 000	54 000	75 000
Net Income	7 000	−8 000	190 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	0	0
Total Current Assets	1 329 000	1 226 000	1 411 000	1 095 000
Total Assets	1 329 000	1 228 000	1 411 000	1 095 000
Total Retained Equity	634 000	626 000	634 000	445 000
Total Equity	655 000	648 000	656 000	466 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	674 000	581 000	755 000	625 000
Total Equity and Debt	1 329 000	1 228 000	1 411 000	1 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 401 000	2 333 000	2 820 000	2 030 000
Other Income	61 000	33 000	146 000	0
Revenue	2 462 000	2 366 000	2 966 000	2 030 000
Cost of Goods Sold	0	0	0	126 000
Salary Costs	2 007 000	2 009 000	2 342 000	1 278 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 457 000	2 381 000	2 722 000	1 688 000
Operating Profit	4 000	−15 000	244 000	343 000
Financial Income	6 000	5 000	2 000	0
Financial Costs	0	1 000	3 000	0
Financial Balance	6 000	4 000	−1 000	0
Dividends	0	0	0	0
Net Income	7 000	−8 000	190 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	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	2 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	926 000	578 000	820 000	295 000
Total Current Assets	1 329 000	1 226 000	1 411 000	1 095 000
Total Assets	1 329 000	1 228 000	1 411 000	1 095 000
Total Equity	655 000	648 000	656 000	466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	4 000	8 000	4 000	69 000
Unpaid Taxes	309 000	244 000	212 000	230 000
Dividends	0	0	0	0
Other Current Debt	361 000	329 000	481 000	252 000
Total Current Debt	674 000	581 000	755 000	625 000
Total Equity and Debt	1 329 000	1 228 000	1 411 000	1 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,07 %	−1,23 %	28,96 %	57,3 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	0,16 %	−0,63 %	8,23 %	16,9 %
Current Ratio	1,97	2,11	1,87	1,75
Quick Ratio	1,97	2,11	1,87	1,75
Equity Ratio	0,49	0,53	0,46	0,43
Gross Profit Margin	100 %	100 %	100 %	93,79 %