NORSK BIOVARME AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

−5,62 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 878 000	1 089 000	581 000
Net Income	−5 000	19 000	19 000	27 000
Total Assets	978 000	882 000	580 000	482 000
Total Equity	89 000	94 000	76 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 878 000	1 089 000	581 000
Expenditure	1 865 000	1 837 000	1 062 000	544 000
Operating Profit	35 000	42 000	28 000	37 000
Financial Income	2 000	5 000	1 000	0
Financial Costs	43 000	21 000	5 000	3 000
Financial Balance	−41 000	−16 000	−4 000	−3 000
Earnings Before Tax	−6 000	26 000	24 000	34 000
Tax	−1 000	7 000	5 000	8 000
Net Income	−5 000	19 000	19 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	16 000	23 000	0
Total Current Assets	970 000	866 000	558 000	482 000
Total Assets	978 000	882 000	580 000	482 000
Total Retained Equity	59 000	64 000	46 000	27 000
Total Equity	89 000	94 000	76 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	889 000	787 000	504 000	425 000
Total Equity and Debt	978 000	882 000	580 000	482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 900 000	1 878 000	897 000	523 000
Other Income	0	0	192 000	58 000
Revenue	1 900 000	1 878 000	1 089 000	581 000
Cost of Goods Sold	794 000	963 000	315 000	213 000
Salary Costs	551 000	313 000	308 000	163 000
Depreciation	9 000	9 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 865 000	1 837 000	1 062 000	544 000
Operating Profit	35 000	42 000	28 000	37 000
Financial Income	2 000	5 000	1 000	0
Financial Costs	43 000	21 000	5 000	3 000
Financial Balance	−41 000	−16 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−5 000	19 000	19 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	14 000	23 000	0
Total Tangible Assets	5 000	14 000	23 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	16 000	23 000	0
Stock	863 000	631 000	527 000	343 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	8 000	19 000
Total Current Assets	970 000	866 000	558 000	482 000
Total Assets	978 000	882 000	580 000	482 000
Total Equity	89 000	94 000	76 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	215 000	106 000	212 000	39 000
Unpaid Taxes	265 000	196 000	41 000	124 000
Dividends	0	0	0	0
Other Current Debt	83 000	259 000	246 000	255 000
Total Current Debt	889 000	787 000	504 000	425 000
Total Equity and Debt	978 000	882 000	580 000	482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,62 %	20,21 %	25 %	47,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,84 %	2,24 %	2,57 %	6,37 %
Current Ratio	1,09	1,1	1,11	1,13
Quick Ratio	37,31	5,55	−24,26	5,88
Equity Ratio	0,09	0,11	0,13	0,12
Gross Profit Margin	58,21 %	48,72 %	71,07 %	63,34 %