NORSK VARMLAFT UTVIKLING AS

3692 SAULAND

Finances

Share Ownership

Return on Equity

22,66 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	47 000	92 000	81 000
Net Income	−29 000	−26 000	8 000	63 000
Total Assets	219 000	224 000	224 000	247 000
Total Equity	−128 000	−6 868 000	−6 842 000	−6 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	47 000	92 000	81 000
Expenditure	63 000	73 000	83 000	16 000
Operating Profit	−28 000	−26 000	10 000	64 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Earnings Before Tax	−29 000	−26 000	8 000	63 000
Tax	0	0	0	0
Net Income	−29 000	−26 000	8 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	58 000	34 000	20 000
Total Current Assets	177 000	166 000	190 000	227 000
Total Assets	219 000	224 000	224 000	247 000
Total Retained Equity	−7 286 000	−7 258 000	−7 232 000	−7 240 000
Total Equity	−128 000	−6 868 000	−6 842 000	−6 850 000
Total Long-Term Debt	0	0	6 226 000	6 226 000
Total Current Debt	347 000	7 092 000	840 000	871 000
Total Equity and Debt	219 000	224 000	224 000	247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	47 000	92 000	81 000
Other Income	0	0	0	0
Revenue	35 000	47 000	92 000	81 000
Cost of Goods Sold	0	1 000	0	1 000
Salary Costs	0	0	0	−13 000
Depreciation	16 000	14 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	63 000	73 000	83 000	16 000
Operating Profit	−28 000	−26 000	10 000	64 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−29 000	−26 000	8 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	58 000	34 000	20 000
Fixtures	0	0	0	0
Total Tangible Assets	42 000	58 000	34 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	58 000	34 000	20 000
Stock	154 000	154 000	154 000	154 000
Total Investments	0	0	0	0
Cash, Bank	23 000	12 000	36 000	73 000
Total Current Assets	177 000	166 000	190 000	227 000
Total Assets	219 000	224 000	224 000	247 000
Total Equity	−128 000	−6 868 000	−6 842 000	−6 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 226 000	6 226 000
Creditors	5 000	5 000	3 000	13 000
Unpaid Taxes	0	−2 000	−3 000	8 000
Dividends	0	0	0	0
Other Current Debt	342 000	7 089 000	840 000	851 000
Total Current Debt	347 000	7 092 000	840 000	871 000
Total Equity and Debt	219 000	224 000	224 000	247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,66 %	0,38 %	−0,12 %	−0,92 %
Debt-to-Equity Ratio	−0	−0	−0,91	−0,91
Operating Profit Margin	−80 %	−55,32 %	10,87 %	79,01 %
Current Ratio	0,51	0,02	0,23	0,26
Quick Ratio	0,92	0,02	0,28	0,32
Equity Ratio	−0,58	−30,66	−30,54	−27,73
Gross Profit Margin	100 %	97,87 %	100 %	98,77 %