NORGULV '' AS

2054 MOGREINA

Finances

Share Ownership

Return on Equity

5,41 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 811 000	5 149 000	4 661 000	1 220 000
Net Income	54 000	241 000	678 000	248 000
Total Assets	2 058 000	2 227 000	1 573 000	1 072 000
Total Equity	999 000	945 000	804 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 811 000	5 149 000	4 661 000	1 220 000
Expenditure	4 709 000	4 831 000	3 761 000	898 000
Operating Profit	103 000	317 000	900 000	322 000
Financial Income	0	0	0	1 000
Financial Costs	26 000	8 000	30 000	5 000
Financial Balance	−26 000	−8 000	−30 000	−4 000
Earnings Before Tax	77 000	310 000	870 000	317 000
Tax	23 000	69 000	192 000	69 000
Net Income	54 000	241 000	678 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 634 000	1 390 000	1 064 000	493 000
Total Current Assets	424 000	838 000	509 000	580 000
Total Assets	2 058 000	2 227 000	1 573 000	1 072 000
Total Retained Equity	974 000	921 000	780 000	248 000
Total Equity	999 000	945 000	804 000	273 000
Total Long-Term Debt	493 000	580 000	43 000	260 000
Total Current Debt	566 000	702 000	726 000	540 000
Total Equity and Debt	2 058 000	2 227 000	1 573 000	1 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 811 000	5 149 000	4 661 000	1 220 000
Other Income	0	0	0	0
Revenue	4 811 000	5 149 000	4 661 000	1 220 000
Cost of Goods Sold	476 000	571 000	422 000	90 000
Salary Costs	2 609 000	2 802 000	2 252 000	686 000
Depreciation	395 000	277 000	163 000	27 000
Impairment	0	0	0	0
Expenditure	4 709 000	4 831 000	3 761 000	898 000
Operating Profit	103 000	317 000	900 000	322 000
Financial Income	0	0	0	1 000
Financial Costs	26 000	8 000	30 000	5 000
Financial Balance	−26 000	−8 000	−30 000	−4 000
Dividends	0	100 000	147 000	0
Net Income	54 000	241 000	678 000	248 000

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	335 000	273 000	353 000	0
Fixtures	1 299 000	1 116 000	711 000	493 000
Total Tangible Assets	1 634 000	1 390 000	1 064 000	493 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 634 000	1 390 000	1 064 000	493 000
Stock	0	0	21 000	162 000
Total Investments	0	0	0	0
Cash, Bank	253 000	583 000	214 000	325 000
Total Current Assets	424 000	838 000	509 000	580 000
Total Assets	2 058 000	2 227 000	1 573 000	1 072 000
Total Equity	999 000	945 000	804 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	493 000	580 000	43 000	260 000
Creditors	48 000	85 000	37 000	19 000
Unpaid Taxes	260 000	300 000	312 000	411 000
Dividends	0	100 000	147 000	0
Other Current Debt	235 000	266 000	206 000	63 000
Total Current Debt	566 000	702 000	726 000	540 000
Total Equity and Debt	2 058 000	2 227 000	1 573 000	1 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,41 %	25,5 %	84,33 %	90,84 %
Debt-to-Equity Ratio	0,49	0,61	0,05	0,95
Operating Profit Margin	2,14 %	6,16 %	19,31 %	26,39 %
Current Ratio	0,75	1,19	0,7	1,07
Quick Ratio	0,75	1,19	0,72	1,53
Equity Ratio	0,49	0,42	0,51	0,25
Gross Profit Margin	90,11 %	88,91 %	90,95 %	92,62 %