NORWAY GROUP AS

2022 GJERDRUM

Finances

Share Ownership

Return on Equity

−33,02 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 243 000	3 826 000	5 200 000	3 373 000
Net Income	−71 000	107 000	138 000	−14 000
Total Assets	1 338 000	1 186 000	1 570 000	1 211 000
Total Equity	215 000	286 000	178 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 243 000	3 826 000	5 200 000	3 373 000
Expenditure	4 231 000	3 686 000	5 016 000	3 383 000
Operating Profit	12 000	140 000	183 000	−11 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	12 000	3 000
Financial Balance	0	−2 000	−11 000	−3 000
Earnings Before Tax	11 000	138 000	173 000	−14 000
Tax	82 000	30 000	35 000	0
Net Income	−71 000	107 000	138 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	9 000	173 000	202 000
Total Current Assets	1 309 000	1 177 000	1 397 000	1 009 000
Total Assets	1 338 000	1 186 000	1 570 000	1 211 000
Total Retained Equity	185 000	256 000	148 000	11 000
Total Equity	215 000	286 000	178 000	41 000
Total Long-Term Debt	3 000	11 000	199 000	214 000
Total Current Debt	1 120 000	889 000	1 193 000	956 000
Total Equity and Debt	1 338 000	1 186 000	1 570 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 241 000	3 826 000	5 200 000	3 373 000
Other Income	2 000	0	0	0
Revenue	4 243 000	3 826 000	5 200 000	3 373 000
Cost of Goods Sold	582 000	84 000	119 000	89 000
Salary Costs	3 211 000	3 293 000	4 156 000	3 007 000
Depreciation	0	−23 000	45 000	14 000
Impairment	0	0	0	0
Expenditure	4 231 000	3 686 000	5 016 000	3 383 000
Operating Profit	12 000	140 000	183 000	−11 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	12 000	3 000
Financial Balance	0	−2 000	−11 000	−3 000
Dividends	0	0	0	0
Net Income	−71 000	107 000	138 000	−14 000

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	30 000	9 000	173 000	202 000
Total Tangible Assets	30 000	9 000	173 000	202 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	9 000	173 000	202 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	705 000	779 000	807 000	375 000
Total Current Assets	1 309 000	1 177 000	1 397 000	1 009 000
Total Assets	1 338 000	1 186 000	1 570 000	1 211 000
Total Equity	215 000	286 000	178 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	11 000	199 000	214 000
Creditors	−75 000	−15 000	0	3 000
Unpaid Taxes	424 000	380 000	482 000	449 000
Dividends	0	0	0	0
Other Current Debt	684 000	499 000	682 000	505 000
Total Current Debt	1 120 000	889 000	1 193 000	956 000
Total Equity and Debt	1 338 000	1 186 000	1 570 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,02 %	37,41 %	77,53 %	−34,15 %
Debt-to-Equity Ratio	0,01	0,04	1,12	5,22
Operating Profit Margin	0,28 %	3,66 %	3,52 %	−0,33 %
Current Ratio	1,17	1,32	1,17	1,06
Quick Ratio	1,17	1,32	1,17	1,06
Equity Ratio	0,16	0,24	0,11	0,03
Gross Profit Margin	86,28 %	97,8 %	97,71 %	97,36 %