NORVOLT AS

2074 EIDSVOLL VERK

Finances

Return on Equity

−178,21 %

Current Ratio

2,93

Debt-to-Equity Ratio

3,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 438 000	529 000	0	0
Net Income	−319 000	297 000	−47 000	−16 000
Total Assets	1 098 000	1 417 000	507 000	514 000
Total Equity	179 000	179 000	−33 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 438 000	529 000	0	0
Expenditure	3 758 000	76 000	22 000	16 000
Operating Profit	−319 000	453 000	−22 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	71 000	25 000	0
Financial Balance	0	−71 000	−25 000	0
Earnings Before Tax	−319 000	382 000	−47 000	−16 000
Tax	0	85 000	0	0
Net Income	−319 000	297 000	−47 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	23 000	0	0
Total Current Assets	1 075 000	1 394 000	507 000	514 000
Total Assets	1 098 000	1 417 000	507 000	514 000
Total Retained Equity	149 000	149 000	−63 000	−16 000
Total Equity	179 000	179 000	−33 000	14 000
Total Long-Term Debt	551 000	552 000	525 000	500 000
Total Current Debt	367 000	686 000	15 000	0
Total Equity and Debt	1 098 000	1 417 000	507 000	514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 438 000	529 000	0	0
Other Income	0	0	0	0
Revenue	3 438 000	529 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	0	2 000	0	0
Impairment	0	0	0	0
Expenditure	3 758 000	76 000	22 000	16 000
Operating Profit	−319 000	453 000	−22 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	71 000	25 000	0
Financial Balance	0	−71 000	−25 000	0
Dividends	0	0	0	0
Net Income	−319 000	297 000	−47 000	−16 000

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	23 000	23 000	0	0
Total Tangible Assets	23 000	23 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	23 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	349 000	669 000	1 000	8 000
Total Current Assets	1 075 000	1 394 000	507 000	514 000
Total Assets	1 098 000	1 417 000	507 000	514 000
Total Equity	179 000	179 000	−33 000	14 000
Short-Term Group Debt	0	109 000	0	0
Total Long-Term Debt	551 000	552 000	525 000	500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	367 000	517 000	15 000	0
Total Current Debt	367 000	686 000	15 000	0
Total Equity and Debt	1 098 000	1 417 000	507 000	514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−178,21 %	165,92 %	142,42 %	−114,29 %
Debt-to-Equity Ratio	3,08	3,08	−15,91	35,71
Operating Profit Margin	−9,28 %	85,63 %	-	-
Current Ratio	2,93	2,03	33,8	-
Quick Ratio	2,93	2,03	33,8	-
Equity Ratio	0,16	0,13	−0,07	0,03
Gross Profit Margin	100 %	100 %	-	-