NARVIKFJELLET AS

8515 NARVIK

Finances

Return on Equity

−83,04 %

Current Ratio

0,1

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 010 000	27 049 000	19 988 000	978 000
Net Income	−23 254 000	−14 460 000	−13 513 000	−725 000
Total Assets	114 589 000	123 753 000	118 500 000	114 389 000
Total Equity	28 002 000	51 256 000	65 716 000	35 952 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 010 000	27 049 000	19 988 000	978 000
Expenditure	51 190 000	39 983 000	31 661 000	1 646 000
Operating Profit	−21 181 000	−12 933 000	−11 674 000	−668 000
Financial Income	118 000	176 000	90 000	0
Financial Costs	2 192 000	1 703 000	1 929 000	57 000
Financial Balance	−2 074 000	−1 527 000	−1 839 000	−57 000
Earnings Before Tax	−23 254 000	−14 460 000	−13 513 000	−725 000
Tax	0	0	0	0
Net Income	−23 254 000	−14 460 000	−13 513 000	−725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 692 000	115 340 000	111 085 000	110 307 000
Total Current Assets	5 897 000	8 413 000	7 415 000	4 082 000
Total Assets	114 589 000	123 753 000	118 500 000	114 389 000
Total Retained Equity	−12 095 000	0	−13 513 000	0
Total Equity	28 002 000	51 256 000	65 716 000	35 952 000
Total Long-Term Debt	26 082 000	28 722 000	28 929 000	63 466 000
Total Current Debt	60 505 000	43 775 000	23 855 000	14 971 000
Total Equity and Debt	114 589 000	123 753 000	118 500 000	114 389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	30 010 000	27 049 000	19 988 000	978 000
Revenue	30 010 000	27 049 000	19 988 000	978 000
Cost of Goods Sold	3 161 000	1 888 000	1 285 000	128 000
Salary Costs	18 578 000	15 570 000	11 108 000	0
Depreciation	1 823 000	2 031 000	2 015 000	88 000
Impairment	0	0	0	0
Expenditure	51 190 000	39 983 000	31 661 000	1 646 000
Operating Profit	−21 181 000	−12 933 000	−11 674 000	−668 000
Financial Income	118 000	176 000	90 000	0
Financial Costs	2 192 000	1 703 000	1 929 000	57 000
Financial Balance	−2 074 000	−1 527 000	−1 839 000	−57 000
Dividends	0	0	0	0
Net Income	−23 254 000	−14 460 000	−13 513 000	−725 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	83 075 000	92 013 000	105 136 000	106 090 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 585 000	3 004 000	3 296 000	4 152 000
Total Tangible Assets	85 660 000	95 017 000	108 432 000	110 242 000
Total Fiancial Fixed Assets	23 032 000	20 323 000	2 653 000	65 000
Total Fixed Assets	108 692 000	115 340 000	111 085 000	110 307 000
Stock	1 268 000	769 000	912 000	1 045 000
Total Investments	0	0	0	0
Cash, Bank	1 280 000	592 000	1 153 000	893 000
Total Current Assets	5 897 000	8 413 000	7 415 000	4 082 000
Total Assets	114 589 000	123 753 000	118 500 000	114 389 000
Total Equity	28 002 000	51 256 000	65 716 000	35 952 000
Short-Term Group Debt	48 373 000	27 746 000	14 778 000	10 375 000
Total Long-Term Debt	26 082 000	28 722 000	28 929 000	63 466 000
Creditors	3 868 000	7 595 000	2 841 000	66 000
Unpaid Taxes	638 000	549 000	472 000	0
Dividends	0	0	0	0
Other Current Debt	7 625 000	7 884 000	5 765 000	4 531 000
Total Current Debt	60 505 000	43 775 000	23 855 000	14 971 000
Total Equity and Debt	114 589 000	123 753 000	118 500 000	114 389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,04 %	−28,21 %	−20,56 %	−2,02 %
Debt-to-Equity Ratio	0,93	0,56	0,44	1,77
Operating Profit Margin	−70,58 %	−47,81 %	−58,41 %	−68,3 %
Current Ratio	0,1	0,19	0,31	0,27
Quick Ratio	0,1	0,2	0,32	0,29
Equity Ratio	0,24	0,41	0,55	0,31
Gross Profit Margin	89,47 %	93,02 %	93,57 %	86,91 %