NAVALARSEN AS

4056 TANANGER

Finances

Return on Equity

2,5 %

Current Ratio

21,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 000	124 000	77 000	0
Net Income	27 000	−55 000	1 321 000	0
Total Assets	1 121 000	1 094 000	1 193 000	85 000
Total Equity	1 078 000	1 051 000	1 106 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 000	124 000	77 000	0
Expenditure	76 000	190 000	24 000	1 000
Operating Profit	33 000	−66 000	52 000	−1 000
Financial Income	0	0	1 280 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 280 000	0
Earnings Before Tax	33 000	−66 000	1 332 000	−1 000
Tax	6 000	−11 000	12 000	0
Net Income	27 000	−55 000	1 321 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	272 000	193 000	50 000
Total Current Assets	908 000	821 000	1 000 000	35 000
Total Assets	1 121 000	1 094 000	1 193 000	85 000
Total Retained Equity	1 048 000	1 021 000	1 076 000	0
Total Equity	1 078 000	1 051 000	1 106 000	30 000
Total Long-Term Debt	0	0	5 000	0
Total Current Debt	43 000	42 000	81 000	56 000
Total Equity and Debt	1 121 000	1 094 000	1 193 000	85 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 000	124 000	77 000	0
Other Income	0	0	0	0
Revenue	109 000	124 000	77 000	0
Cost of Goods Sold	0	120 000	0	0
Salary Costs	0	0	0	0
Depreciation	59 000	53 000	8 000	0
Impairment	0	0	0	0
Expenditure	76 000	190 000	24 000	1 000
Operating Profit	33 000	−66 000	52 000	−1 000
Financial Income	0	0	1 280 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 280 000	0
Dividends	0	0	244 000	0
Net Income	27 000	−55 000	1 321 000	0

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	175 000	235 000	156 000	0
Total Tangible Assets	175 000	235 000	156 000	0
Total Fiancial Fixed Assets	38 000	38 000	38 000	50 000
Total Fixed Assets	213 000	272 000	193 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	888 000	801 000	944 000	35 000
Total Current Assets	908 000	821 000	1 000 000	35 000
Total Assets	1 121 000	1 094 000	1 193 000	85 000
Total Equity	1 078 000	1 051 000	1 106 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	0
Creditors	3 000	2 000	3 000	1 000
Unpaid Taxes	2 000	8 000	4 000	0
Dividends	0	0	244 000	0
Other Current Debt	38 000	38 000	68 000	55 000
Total Current Debt	43 000	42 000	81 000	56 000
Total Equity and Debt	1 121 000	1 094 000	1 193 000	85 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,5 %	−5,23 %	119,44 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,28 %	−53,23 %	67,53 %	-
Current Ratio	21,12	19,55	12,35	0,63
Quick Ratio	21,12	19,55	12,35	0,63
Equity Ratio	0,96	0,96	0,93	0,35
Gross Profit Margin	100 %	3,23 %	100 %	-