NARVIK RØR AS

8520 ANKENES

Finances

Share Ownership

Return on Equity

16,72 %

Current Ratio

3,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 970 000	7 120 000	7 123 000	3 618 000
Net Income	628 000	770 000	1 313 000	1 143 000
Total Assets	4 962 000	4 786 000	4 158 000	2 779 000
Total Equity	3 756 000	3 250 000	2 481 000	1 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 970 000	7 120 000	7 123 000	3 618 000
Expenditure	6 126 000	6 121 000	5 435 000	2 151 000
Operating Profit	802 000	998 000	1 688 000	1 466 000
Financial Income	5 000	2 000	0	0
Financial Costs	2 000	13 000	3 000	1 000
Financial Balance	3 000	−11 000	−3 000	−1 000
Earnings Before Tax	806 000	988 000	1 685 000	1 465 000
Tax	177 000	218 000	372 000	322 000
Net Income	628 000	770 000	1 313 000	1 143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	253 000	194 000	185 000
Total Current Assets	4 677 000	4 533 000	3 963 000	2 594 000
Total Assets	4 962 000	4 786 000	4 158 000	2 779 000
Total Retained Equity	3 732 000	3 226 000	2 456 000	1 143 000
Total Equity	3 756 000	3 250 000	2 481 000	1 167 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 205 000	1 536 000	1 677 000	1 612 000
Total Equity and Debt	4 962 000	4 786 000	4 158 000	2 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 759 000	7 118 000	7 141 000	3 600 000
Other Income	211 000	1 000	−18 000	18 000
Revenue	6 970 000	7 120 000	7 123 000	3 618 000
Cost of Goods Sold	3 335 000	3 433 000	3 381 000	1 302 000
Salary Costs	1 681 000	1 763 000	1 330 000	594 000
Depreciation	57 000	45 000	41 000	18 000
Impairment	0	0	0	0
Expenditure	6 126 000	6 121 000	5 435 000	2 151 000
Operating Profit	802 000	998 000	1 688 000	1 466 000
Financial Income	5 000	2 000	0	0
Financial Costs	2 000	13 000	3 000	1 000
Financial Balance	3 000	−11 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	628 000	770 000	1 313 000	1 143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	76 000	30 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	177 000	164 000	182 000
Total Tangible Assets	163 000	177 000	164 000	182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	285 000	253 000	194 000	185 000
Stock	13 000	56 000	37 000	36 000
Total Investments	0	0	0	0
Cash, Bank	2 323 000	2 605 000	2 434 000	1 845 000
Total Current Assets	4 677 000	4 533 000	3 963 000	2 594 000
Total Assets	4 962 000	4 786 000	4 158 000	2 779 000
Total Equity	3 756 000	3 250 000	2 481 000	1 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	403 000	569 000	470 000	517 000
Unpaid Taxes	381 000	369 000	342 000	296 000
Dividends	0	0	0	0
Other Current Debt	199 000	333 000	467 000	474 000
Total Current Debt	1 205 000	1 536 000	1 677 000	1 612 000
Total Equity and Debt	4 962 000	4 786 000	4 158 000	2 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,72 %	23,69 %	52,92 %	97,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,51 %	14,02 %	23,7 %	40,52 %
Current Ratio	3,88	2,95	2,36	1,61
Quick Ratio	3,92	3,06	2,42	1,65
Equity Ratio	0,76	0,68	0,6	0,42
Gross Profit Margin	52,15 %	51,78 %	52,53 %	64,01 %