NORBOAT AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−2,36 %

Current Ratio

8,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 086 000	5 450 000	3 436 000	12 391 000
Net Income	−319 000	−1 929 000	−2 562 000	1 299 000
Total Assets	15 194 000	15 338 000	17 103 000	20 313 000
Total Equity	13 536 000	13 751 000	15 680 000	18 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 086 000	5 450 000	3 436 000	12 391 000
Expenditure	10 609 000	8 012 000	6 985 000	11 069 000
Operating Profit	−523 000	−2 562 000	−3 549 000	1 322 000
Financial Income	118 000	92 000	271 000	349 000
Financial Costs	3 000	3 000	4 000	4 000
Financial Balance	115 000	89 000	267 000	345 000
Earnings Before Tax	−408 000	−2 472 000	−3 282 000	1 667 000
Tax	−89 000	−544 000	−719 000	368 000
Net Income	−319 000	−1 929 000	−2 562 000	1 299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	626 000	575 000	43 000	84 000
Total Current Assets	14 568 000	14 763 000	17 060 000	20 229 000
Total Assets	15 194 000	15 338 000	17 103 000	20 313 000
Total Retained Equity	3 747 000	4 066 000	5 994 000	8 557 000
Total Equity	13 536 000	13 751 000	15 680 000	18 242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 658 000	1 587 000	1 423 000	2 070 000
Total Equity and Debt	15 194 000	15 338 000	17 103 000	20 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 086 000	5 200 000	3 436 000	12 391 000
Other Income	0	250 000	0	0
Revenue	10 086 000	5 450 000	3 436 000	12 391 000
Cost of Goods Sold	1 360 000	1 050 000	1 062 000	878 000
Salary Costs	3 223 000	4 112 000	3 311 000	3 612 000
Depreciation	9 000	12 000	31 000	37 000
Impairment	0	0	0	0
Expenditure	10 609 000	8 012 000	6 985 000	11 069 000
Operating Profit	−523 000	−2 562 000	−3 549 000	1 322 000
Financial Income	118 000	92 000	271 000	349 000
Financial Costs	3 000	3 000	4 000	4 000
Financial Balance	115 000	89 000	267 000	345 000
Dividends	0	0	0	0
Net Income	−319 000	−1 929 000	−2 562 000	1 299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	608 000	548 000	5 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	27 000	39 000	78 000
Total Tangible Assets	18 000	27 000	39 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	626 000	575 000	43 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 144 000	13 752 000	15 434 000	19 236 000
Total Current Assets	14 568 000	14 763 000	17 060 000	20 229 000
Total Assets	15 194 000	15 338 000	17 103 000	20 313 000
Total Equity	13 536 000	13 751 000	15 680 000	18 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	194 000	231 000	154 000	500 000
Unpaid Taxes	260 000	187 000	248 000	150 000
Dividends	0	0	0	0
Other Current Debt	1 203 000	1 169 000	1 021 000	1 000 000
Total Current Debt	1 658 000	1 587 000	1 423 000	2 070 000
Total Equity and Debt	15 194 000	15 338 000	17 103 000	20 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,36 %	−14,03 %	−16,34 %	7,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,19 %	−47,01 %	−103,29 %	10,67 %
Current Ratio	8,79	9,3	11,99	9,77
Quick Ratio	8,79	9,3	11,99	9,77
Equity Ratio	0,89	0,9	0,92	0,9
Gross Profit Margin	86,52 %	80,73 %	69,09 %	92,91 %