NAVICO NORWAY AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

24,3 %

Current Ratio

15,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 262 000	47 142 000	105 175 000	99 693 000
Net Income	21 334 000	39 805 000	19 094 000	4 960 000
Total Assets	93 923 000	73 156 000	90 946 000	77 848 000
Total Equity	87 809 000	66 475 000	26 669 000	7 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 262 000	47 142 000	105 175 000	99 693 000
Expenditure	3 127 000	11 337 000	85 510 000	94 065 000
Operating Profit	13 135 000	35 806 000	19 664 000	5 627 000
Financial Income	19 028 000	3 999 000	17 328 000	5 794 000
Financial Costs	10 828 000	0	17 518 000	6 461 000
Financial Balance	8 200 000	3 999 000	−190 000	−667 000
Earnings Before Tax	21 334 000	39 805 000	19 474 000	4 960 000
Tax	0	0	381 000	0
Net Income	21 334 000	39 805 000	19 094 000	4 960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	938 000	2 010 000	7 205 000	8 333 000
Total Current Assets	92 984 000	71 146 000	83 741 000	69 515 000
Total Assets	93 923 000	73 156 000	90 946 000	77 848 000
Total Retained Equity	76 664 000	55 330 000	15 524 000	−3 569 000
Total Equity	87 809 000	66 475 000	26 669 000	7 576 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 114 000	6 681 000	64 276 000	70 272 000
Total Equity and Debt	93 923 000	73 156 000	90 946 000	77 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 262 000	21 953 000	105 155 000	99 112 000
Other Income	0	25 189 000	20 000	581 000
Revenue	16 262 000	47 142 000	105 175 000	99 693 000
Cost of Goods Sold	3 127 000	9 741 000	62 370 000	59 469 000
Salary Costs	0	1 079 000	12 558 000	19 253 000
Depreciation	0	0	2 207 000	4 583 000
Impairment	0	0	0	0
Expenditure	3 127 000	11 337 000	85 510 000	94 065 000
Operating Profit	13 135 000	35 806 000	19 664 000	5 627 000
Financial Income	19 028 000	3 999 000	17 328 000	5 794 000
Financial Costs	10 828 000	0	17 518 000	6 461 000
Financial Balance	8 200 000	3 999 000	−190 000	−667 000
Dividends	0	0	0	0
Net Income	21 334 000	39 805 000	19 094 000	4 960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	85 000	178 000	1 283 000
Real Eastate	507 000	685 000	560 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	52 000	3 311 000	2 588 000
Total Tangible Assets	534 000	738 000	3 871 000	2 588 000
Total Fiancial Fixed Assets	405 000	1 187 000	3 156 000	4 461 000
Total Fixed Assets	938 000	2 010 000	7 205 000	8 333 000
Stock	0	0	976 000	1 651 000
Total Investments	0	0	0	0
Cash, Bank	74 949 000	57 714 000	6 542 000	6 129 000
Total Current Assets	92 984 000	71 146 000	83 741 000	69 515 000
Total Assets	93 923 000	73 156 000	90 946 000	77 848 000
Total Equity	87 809 000	66 475 000	26 669 000	7 576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 949 000	4 841 000	14 715 000	19 288 000
Unpaid Taxes	509 000	285 000	3 174 000	4 792 000
Dividends	0	0	0	0
Other Current Debt	1 655 000	1 555 000	46 387 000	46 192 000
Total Current Debt	6 114 000	6 681 000	64 276 000	70 272 000
Total Equity and Debt	93 923 000	73 156 000	90 946 000	77 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,3 %	59,88 %	71,6 %	65,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	80,77 %	75,95 %	18,7 %	5,64 %
Current Ratio	15,21	10,65	1,3	0,99
Quick Ratio	15,21	10,65	1,32	1,01
Equity Ratio	0,93	0,91	0,29	0,1
Gross Profit Margin	80,77 %	79,34 %	40,7 %	40,35 %