NORWAY FASHION DESIGN AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

573,57 %

Current Ratio

0,87

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020
Revenue	22 283 000	15 883 000	6 797 000
Net Income	803 000	244 000	431 000
Total Assets	11 115 000	6 277 000	5 000 000
Total Equity	140 000	82 000	65 000

Income (NOK)	2022	2021	2020
Revenue	22 283 000	15 883 000	6 797 000
Expenditure	20 750 000	15 141 000	6 270 000
Operating Profit	1 533 000	742 000	526 000
Financial Income	68 000	7 000	48 000
Financial Costs	570 000	436 000	23 000
Financial Balance	−502 000	−429 000	25 000
Earnings Before Tax	1 031 000	313 000	551 000
Tax	228 000	69 000	120 000
Net Income	803 000	244 000	431 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 999 000	1 135 000	1 058 000
Total Current Assets	9 116 000	5 141 000	3 942 000
Total Assets	11 115 000	6 277 000	5 000 000
Total Retained Equity	110 000	52 000	35 000
Total Equity	140 000	82 000	65 000
Total Long-Term Debt	454 000	13 000	8 000
Total Current Debt	10 521 000	6 182 000	4 927 000
Total Equity and Debt	11 115 000	6 277 000	5 000 000

Cash flow (NOK)	2022	2021	2020
Sales Income	21 978 000	15 883 000	6 797 000
Other Income	305 000	0	0
Revenue	22 283 000	15 883 000	6 797 000
Cost of Goods Sold	11 095 000	8 050 000	2 863 000
Salary Costs	3 457 000	2 891 000	981 000
Depreciation	260 000	149 000	33 000
Impairment	0	0	0
Expenditure	20 750 000	15 141 000	6 270 000
Operating Profit	1 533 000	742 000	526 000
Financial Income	68 000	7 000	48 000
Financial Costs	570 000	436 000	23 000
Financial Balance	−502 000	−429 000	25 000
Dividends	0	0	0
Net Income	803 000	244 000	431 000

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	1 760 000	962 000	885 000
Total Tangible Assets	1 760 000	962 000	885 000
Total Fiancial Fixed Assets	239 000	173 000	173 000
Total Fixed Assets	1 999 000	1 135 000	1 058 000
Stock	2 922 000	1 863 000	830 000
Total Investments	0	0	0
Cash, Bank	298 000	47 000	452 000
Total Current Assets	9 116 000	5 141 000	3 942 000
Total Assets	11 115 000	6 277 000	5 000 000
Total Equity	140 000	82 000	65 000
Short-Term Group Debt	1 801 000	291 000	1 358 000
Total Long-Term Debt	454 000	13 000	8 000
Creditors	7 738 000	4 926 000	2 811 000
Unpaid Taxes	575 000	383 000	467 000
Dividends	0	0	0
Other Current Debt	407 000	582 000	290 000
Total Current Debt	10 521 000	6 182 000	4 927 000
Total Equity and Debt	11 115 000	6 277 000	5 000 000

Financial indicators	2022	2021	2020
Return on Equity	573,57 %	297,56 %	663,08 %
Debt-to-Equity Ratio	3,24	0,16	0,12
Operating Profit Margin	6,88 %	4,67 %	7,74 %
Current Ratio	0,87	0,83	0,8
Quick Ratio	1,2	1,19	0,96
Equity Ratio	0,01	0,01	0,01
Gross Profit Margin	50,21 %	49,32 %	57,88 %