NARVERUD SKOG AS

3614 KONGSBERG

Finances

Share Ownership

Return on Equity

23,35 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 588 000	3 223 000	3 052 000	802 000
Net Income	226 000	232 000	267 000	212 000
Total Assets	1 448 000	1 269 000	1 086 000	678 000
Total Equity	968 000	741 000	509 000	242 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 588 000	3 223 000	3 052 000	802 000
Expenditure	3 296 000	2 946 000	2 710 000	531 000
Operating Profit	299 000	276 000	342 000	272 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	299 000	277 000	342 000	272 000
Tax	73 000	44 000	75 000	60 000
Net Income	226 000	232 000	267 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	131 000	65 000	0
Total Current Assets	1 331 000	1 138 000	1 022 000	678 000
Total Assets	1 448 000	1 269 000	1 086 000	678 000
Total Retained Equity	938 000	711 000	479 000	212 000
Total Equity	968 000	741 000	509 000	242 000
Total Long-Term Debt	0	0	87 000	85 000
Total Current Debt	480 000	527 000	490 000	350 000
Total Equity and Debt	1 448 000	1 269 000	1 086 000	678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 588 000	3 223 000	3 052 000	802 000
Other Income	0	0	0	0
Revenue	3 588 000	3 223 000	3 052 000	802 000
Cost of Goods Sold	63 000	10 000	0	0
Salary Costs	912 000	897 000	909 000	241 000
Depreciation	43 000	30 000	5 000	0
Impairment	0	0	0	0
Expenditure	3 296 000	2 946 000	2 710 000	531 000
Operating Profit	299 000	276 000	342 000	272 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	226 000	232 000	267 000	212 000

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	22 000	43 000	0	0
Fixtures	35 000	87 000	65 000	0
Total Tangible Assets	57 000	131 000	65 000	0
Total Fiancial Fixed Assets	60 000	0	0	0
Total Fixed Assets	117 000	131 000	65 000	0
Stock	7 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	989 000	830 000	753 000	395 000
Total Current Assets	1 331 000	1 138 000	1 022 000	678 000
Total Assets	1 448 000	1 269 000	1 086 000	678 000
Total Equity	968 000	741 000	509 000	242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	87 000	85 000
Creditors	138 000	167 000	157 000	144 000
Unpaid Taxes	141 000	155 000	187 000	126 000
Dividends	0	0	0	0
Other Current Debt	129 000	159 000	73 000	20 000
Total Current Debt	480 000	527 000	490 000	350 000
Total Equity and Debt	1 448 000	1 269 000	1 086 000	678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,35 %	31,31 %	52,46 %	87,6 %
Debt-to-Equity Ratio	0	0	0,17	0,35
Operating Profit Margin	8,33 %	8,56 %	11,21 %	33,92 %
Current Ratio	2,77	2,16	2,09	1,94
Quick Ratio	2,81	2,16	2,09	1,94
Equity Ratio	0,67	0,58	0,47	0,36
Gross Profit Margin	98,24 %	99,69 %	100 %	100 %