NORVA24 VEST AS

5960 DALSØYRA

Finances

Return on Equity

36,72 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	428 533 000	361 786 000	348 889 000	365 888 000
Net Income	59 685 000	45 265 000	55 988 000	67 294 000
Total Assets	388 723 000	371 393 000	370 755 000	381 377 000
Total Equity	162 528 000	164 475 000	168 754 000	170 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	428 533 000	361 786 000	348 889 000	365 888 000
Expenditure	349 797 000	302 714 000	275 912 000	279 737 000
Operating Profit	78 736 000	59 072 000	72 977 000	86 152 000
Financial Income	2 351 000	201 000	698 000	1 926 000
Financial Costs	4 502 000	2 275 000	1 801 000	1 688 000
Financial Balance	−2 151 000	−2 074 000	−1 103 000	238 000
Earnings Before Tax	76 584 000	56 998 000	71 875 000	86 390 000
Tax	16 899 000	11 733 000	15 887 000	19 097 000
Net Income	59 685 000	45 265 000	55 988 000	67 294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 079 000	159 914 000	147 459 000	146 194 000
Total Current Assets	220 643 000	211 478 000	223 295 000	235 183 000
Total Assets	388 723 000	371 393 000	370 755 000	381 377 000
Total Retained Equity	148 396 000	150 343 000	154 623 000	156 055 000
Total Equity	162 528 000	164 475 000	168 754 000	170 187 000
Total Long-Term Debt	60 444 000	67 326 000	75 134 000	66 722 000
Total Current Debt	165 750 000	139 592 000	126 866 000	144 468 000
Total Equity and Debt	388 723 000	371 393 000	370 755 000	381 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	428 243 000	360 770 000	346 370 000	364 950 000
Other Income	290 000	1 016 000	2 519 000	938 000
Revenue	428 533 000	361 786 000	348 889 000	365 888 000
Cost of Goods Sold	75 674 000	60 748 000	55 664 000	61 300 000
Salary Costs	137 390 000	123 778 000	120 930 000	118 572 000
Depreciation	25 697 000	26 276 000	23 674 000	22 304 000
Impairment	0	0	0	0
Expenditure	349 797 000	302 714 000	275 912 000	279 737 000
Operating Profit	78 736 000	59 072 000	72 977 000	86 152 000
Financial Income	2 351 000	201 000	698 000	1 926 000
Financial Costs	4 502 000	2 275 000	1 801 000	1 688 000
Financial Balance	−2 151 000	−2 074 000	−1 103 000	238 000
Dividends	0	0	0	0
Net Income	59 685 000	45 265 000	55 988 000	67 294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	149 000	297 000	0	0
Total Intangible Assets	224 000	313 000	462 000	610 000
Real Eastate	27 910 000	27 958 000	29 068 000	28 948 000
Machinery and Plant Facilities	135 314 000	125 728 000	111 988 000	110 788 000
Fixtures	4 361 000	5 630 000	5 657 000	5 540 000
Total Tangible Assets	167 585 000	159 316 000	146 713 000	145 276 000
Total Fiancial Fixed Assets	270 000	285 000	285 000	307 000
Total Fixed Assets	168 079 000	159 914 000	147 459 000	146 194 000
Stock	1 119 000	732 000	230 000	106 000
Total Investments	0	0	0	0
Cash, Bank	2 255 000	1 874 000	1 403 000	7 166 000
Total Current Assets	220 643 000	211 478 000	223 295 000	235 183 000
Total Assets	388 723 000	371 393 000	370 755 000	381 377 000
Total Equity	162 528 000	164 475 000	168 754 000	170 187 000
Short-Term Group Debt	79 015 000	58 363 000	73 616 000	87 386 000
Total Long-Term Debt	60 444 000	67 326 000	75 134 000	66 722 000
Creditors	34 725 000	33 409 000	21 602 000	23 482 000
Unpaid Taxes	18 480 000	16 693 000	18 622 000	21 237 000
Dividends	0	0	0	0
Other Current Debt	12 899 000	11 859 000	13 026 000	12 363 000
Total Current Debt	165 750 000	139 592 000	126 866 000	144 468 000
Total Equity and Debt	388 723 000	371 393 000	370 755 000	381 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,72 %	27,52 %	33,18 %	39,54 %
Debt-to-Equity Ratio	0,37	0,41	0,45	0,39
Operating Profit Margin	18,37 %	16,33 %	20,92 %	23,55 %
Current Ratio	1,33	1,51	1,76	1,63
Quick Ratio	1,34	1,52	1,76	1,63
Equity Ratio	0,42	0,44	0,46	0,45
Gross Profit Margin	82,34 %	83,21 %	84,05 %	83,25 %