NARVESTAD AS

4580 LYNGDAL

Finances

Return on Equity

29,7 %

Current Ratio

10,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	120 000	120 000	120 000
Net Income	259 000	546 000	540 000
Total Assets	938 000	1 583 000	921 000
Total Equity	872 000	613 000	817 000

Income (NOK)	2022	2021	2020
Revenue	120 000	120 000	120 000
Expenditure	44 000	23 000	1 000
Operating Profit	76 000	97 000	119 000
Financial Income	250 000	603 000	468 000
Financial Costs	0	0	0
Financial Balance	250 000	603 000	468 000
Earnings Before Tax	325 000	700 000	587 000
Tax	67 000	154 000	48 000
Net Income	259 000	546 000	540 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	207 000	207 000	207 000
Total Current Assets	731 000	1 376 000	714 000
Total Assets	938 000	1 583 000	921 000
Total Retained Equity	805 000	546 000	540 000
Total Equity	872 000	613 000	817 000
Total Long-Term Debt	0	0	0
Total Current Debt	67 000	970 000	104 000
Total Equity and Debt	938 000	1 583 000	921 000

Cash flow (NOK)	2022	2021	2020
Sales Income	120 000	120 000	120 000
Other Income	0	0	0
Revenue	120 000	120 000	120 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	44 000	23 000	1 000
Operating Profit	76 000	97 000	119 000
Financial Income	250 000	603 000	468 000
Financial Costs	0	0	0
Financial Balance	250 000	603 000	468 000
Dividends	0	0	0
Net Income	259 000	546 000	540 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	207 000	207 000	207 000
Total Fixed Assets	207 000	207 000	207 000
Stock	0	0	0
Total Investments	383 000	750 000	0
Cash, Bank	101 000	74 000	6 000
Total Current Assets	731 000	1 376 000	714 000
Total Assets	938 000	1 583 000	921 000
Total Equity	872 000	613 000	817 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	66 000	56 000
Total Current Debt	67 000	970 000	104 000
Total Equity and Debt	938 000	1 583 000	921 000

Financial indicators	2022	2021	2020
Return on Equity	29,7 %	89,07 %	66,1 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	63,33 %	80,83 %	99,17 %
Current Ratio	10,91	1,42	6,87
Quick Ratio	10,91	1,42	6,87
Equity Ratio	0,93	0,39	0,89
Gross Profit Margin	100 %	100 %	100 %