NAVATECH AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

2,29 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 153 000	2 439 000	1 551 000	40 000
Net Income	25 000	866 000	142 000	29 000
Total Assets	1 868 000	1 408 000	404 000	79 000
Total Equity	1 092 000	1 066 000	201 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 153 000	2 439 000	1 551 000	40 000
Expenditure	2 124 000	1 370 000	1 369 000	4 000
Operating Profit	29 000	1 069 000	182 000	37 000
Financial Income	9 000	20 000	0	0
Financial Costs	6 000	14 000	0	0
Financial Balance	3 000	6 000	0	0
Earnings Before Tax	32 000	1 075 000	182 000	37 000
Tax	7 000	209 000	40 000	8 000
Net Income	25 000	866 000	142 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	0	0	0
Total Current Assets	1 837 000	1 408 000	404 000	79 000
Total Assets	1 868 000	1 408 000	404 000	79 000
Total Retained Equity	1 062 000	1 036 000	171 000	29 000
Total Equity	1 092 000	1 066 000	201 000	59 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	776 000	342 000	204 000	20 000
Total Equity and Debt	1 868 000	1 408 000	404 000	79 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 153 000	2 419 000	1 551 000	40 000
Other Income	0	20 000	0	0
Revenue	2 153 000	2 439 000	1 551 000	40 000
Cost of Goods Sold	136 000	30 000	1 000	0
Salary Costs	1 487 000	872 000	896 000	0
Depreciation	14 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 124 000	1 370 000	1 369 000	4 000
Operating Profit	29 000	1 069 000	182 000	37 000
Financial Income	9 000	20 000	0	0
Financial Costs	6 000	14 000	0	0
Financial Balance	3 000	6 000	0	0
Dividends	0	0	0	0
Net Income	25 000	866 000	142 000	29 000

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	31 000	0	0	0
Total Tangible Assets	31 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	0	0	0
Stock	551 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 268 000	992 000	305 000	30 000
Total Current Assets	1 837 000	1 408 000	404 000	79 000
Total Assets	1 868 000	1 408 000	404 000	79 000
Total Equity	1 092 000	1 066 000	201 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	683 000	−9 000	20 000	4 000
Unpaid Taxes	−14 000	57 000	48 000	7 000
Dividends	0	0	0	0
Other Current Debt	128 000	85 000	96 000	0
Total Current Debt	776 000	342 000	204 000	20 000
Total Equity and Debt	1 868 000	1 408 000	404 000	79 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,29 %	81,24 %	70,65 %	49,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,35 %	43,83 %	11,73 %	92,5 %
Current Ratio	2,37	4,12	1,98	3,95
Quick Ratio	8,16	4,12	1,98	3,95
Equity Ratio	0,58	0,76	0,5	0,75
Gross Profit Margin	93,68 %	98,77 %	99,94 %	100 %