NORVA24 ØST AS

1449 DRØBAK

Finances

Share Ownership

Return on Equity

13,17 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 487 000	79 523 000	71 472 000	67 554 000
Net Income	3 961 000	2 044 000	4 485 000	4 668 000
Total Assets	70 784 000	64 830 000	70 914 000	69 172 000
Total Equity	30 075 000	30 454 000	36 233 000	35 052 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 487 000	79 523 000	71 472 000	67 554 000
Expenditure	74 758 000	77 984 000	65 381 000	61 402 000
Operating Profit	5 730 000	1 538 000	6 091 000	6 152 000
Financial Income	445 000	37 000	108 000	429 000
Financial Costs	1 083 000	552 000	447 000	597 000
Financial Balance	−638 000	−515 000	−339 000	−168 000
Earnings Before Tax	5 092 000	1 023 000	5 753 000	5 985 000
Tax	1 131 000	−1 021 000	1 268 000	1 317 000
Net Income	3 961 000	2 044 000	4 485 000	4 668 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 182 000	26 126 000	32 398 000	30 631 000
Total Current Assets	42 603 000	38 704 000	38 516 000	38 542 000
Total Assets	70 784 000	64 830 000	70 914 000	69 172 000
Total Retained Equity	23 725 000	24 104 000	29 883 000	28 702 000
Total Equity	30 075 000	30 454 000	36 233 000	35 052 000
Total Long-Term Debt	16 895 000	13 519 000	18 923 000	18 401 000
Total Current Debt	23 813 000	20 857 000	15 757 000	15 719 000
Total Equity and Debt	70 784 000	64 830 000	70 914 000	69 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 745 000	78 342 000	70 551 000	66 703 000
Other Income	742 000	1 180 000	921 000	851 000
Revenue	80 487 000	79 523 000	71 472 000	67 554 000
Cost of Goods Sold	11 014 000	15 871 000	11 928 000	7 484 000
Salary Costs	32 115 000	30 422 000	29 209 000	29 149 000
Depreciation	5 335 000	7 130 000	6 123 000	6 088 000
Impairment	265 000	0	0	18 000
Expenditure	74 758 000	77 984 000	65 381 000	61 402 000
Operating Profit	5 730 000	1 538 000	6 091 000	6 152 000
Financial Income	445 000	37 000	108 000	429 000
Financial Costs	1 083 000	552 000	447 000	597 000
Financial Balance	−638 000	−515 000	−339 000	−168 000
Dividends	0	0	0	0
Net Income	3 961 000	2 044 000	4 485 000	4 668 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	66 000	306 000	401 000
Machinery and Plant Facilities	26 381 000	23 528 000	31 310 000	29 452 000
Fixtures	1 801 000	2 533 000	782 000	778 000
Total Tangible Assets	28 182 000	26 126 000	32 398 000	30 631 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 182 000	26 126 000	32 398 000	30 631 000
Stock	0	60 000	89 000	48 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	2 103 000
Total Current Assets	42 603 000	38 704 000	38 516 000	38 542 000
Total Assets	70 784 000	64 830 000	70 914 000	69 172 000
Total Equity	30 075 000	30 454 000	36 233 000	35 052 000
Short-Term Group Debt	5 564 000	2 716 000	4 236 000	4 915 000
Total Long-Term Debt	16 895 000	13 519 000	18 923 000	18 401 000
Creditors	6 338 000	7 579 000	5 364 000	4 789 000
Unpaid Taxes	3 972 000	3 296 000	3 361 000	2 778 000
Dividends	0	0	0	0
Other Current Debt	7 939 000	7 267 000	2 796 000	3 237 000
Total Current Debt	23 813 000	20 857 000	15 757 000	15 719 000
Total Equity and Debt	70 784 000	64 830 000	70 914 000	69 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,17 %	6,71 %	12,38 %	13,32 %
Debt-to-Equity Ratio	0,56	0,44	0,52	0,52
Operating Profit Margin	7,12 %	1,93 %	8,52 %	9,11 %
Current Ratio	1,79	1,86	2,44	2,45
Quick Ratio	1,79	1,86	2,46	2,46
Equity Ratio	0,42	0,47	0,51	0,51
Gross Profit Margin	86,32 %	80,04 %	83,31 %	88,92 %