NORWAY TRADING AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

52 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 860 000	18 653 000	24 907 000	33 602 000
Net Income	5 229 000	241 000	2 331 000	3 112 000
Total Assets	23 521 000	14 030 000	16 818 000	16 295 000
Total Equity	10 056 000	10 320 000	11 079 000	9 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 860 000	18 653 000	24 907 000	33 602 000
Expenditure	36 340 000	15 443 000	26 606 000	32 951 000
Operating Profit	6 740 000	570 000	2 956 000	3 944 000
Financial Income	134 000	44 000	197 000	5 000
Financial Costs	255 000	259 000	162 000	34 000
Financial Balance	−121 000	−215 000	35 000	−29 000
Earnings Before Tax	6 618 000	355 000	2 991 000	3 915 000
Tax	1 390 000	114 000	660 000	803 000
Net Income	5 229 000	241 000	2 331 000	3 112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 458 000	2 181 000	1 120 000	916 000
Total Current Assets	21 062 000	11 849 000	15 698 000	15 379 000
Total Assets	23 521 000	14 030 000	16 818 000	16 295 000
Total Retained Equity	9 926 000	10 220 000	10 979 000	9 848 000
Total Equity	10 056 000	10 320 000	11 079 000	9 948 000
Total Long-Term Debt	683 000	775 000	0	0
Total Current Debt	12 781 000	2 934 000	5 739 000	6 346 000
Total Equity and Debt	23 521 000	14 030 000	16 818 000	16 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 860 000	18 179 000	24 809 000	33 602 000
Other Income	0	474 000	99 000	0
Revenue	44 860 000	18 653 000	24 907 000	33 602 000
Cost of Goods Sold	26 208 000	10 675 000	20 600 000	29 873 000
Salary Costs	3 155 000	2 092 000	1 681 000	1 566 000
Depreciation	581 000	379 000	205 000	196 000
Impairment	0	0	0	0
Expenditure	36 340 000	15 443 000	26 606 000	32 951 000
Operating Profit	6 740 000	570 000	2 956 000	3 944 000
Financial Income	134 000	44 000	197 000	5 000
Financial Costs	255 000	259 000	162 000	34 000
Financial Balance	−121 000	−215 000	35 000	−29 000
Dividends	6 400 000	1 000 000	1 200 000	0
Net Income	5 229 000	241 000	2 331 000	3 112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	494 000	0	114 000	16 000
Real Eastate	279 000	0	0	0
Machinery and Plant Facilities	584 000	0	0	0
Fixtures	924 000	2 043 000	522 000	727 000
Total Tangible Assets	1 787 000	2 043 000	522 000	727 000
Total Fiancial Fixed Assets	177 000	138 000	484 000	173 000
Total Fixed Assets	2 458 000	2 181 000	1 120 000	916 000
Stock	6 663 000	7 032 000	10 528 000	8 087 000
Total Investments	0	0	0	0
Cash, Bank	6 160 000	181 000	174 000	1 338 000
Total Current Assets	21 062 000	11 849 000	15 698 000	15 379 000
Total Assets	23 521 000	14 030 000	16 818 000	16 295 000
Total Equity	10 056 000	10 320 000	11 079 000	9 948 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	683 000	775 000	0	0
Creditors	2 061 000	855 000	2 555 000	4 055 000
Unpaid Taxes	2 269 000	824 000	1 522 000	895 000
Dividends	6 400 000	1 000 000	1 200 000	0
Other Current Debt	567 000	256 000	304 000	577 000
Total Current Debt	12 781 000	2 934 000	5 739 000	6 346 000
Total Equity and Debt	23 521 000	14 030 000	16 818 000	16 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52 %	2,34 %	21,04 %	31,28 %
Debt-to-Equity Ratio	0,07	0,08	0	0
Operating Profit Margin	15,02 %	3,06 %	11,87 %	11,74 %
Current Ratio	1,65	4,04	2,74	2,42
Quick Ratio	3,44	−2,89	−3,28	−8,83
Equity Ratio	0,43	0,74	0,66	0,61
Gross Profit Margin	41,58 %	42,77 %	17,29 %	11,1 %