NORWELL AS

6905 FLORØ

Finances

Return on Equity

21,84 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 692 117 000	1 902 085 000	1 919 457 000	1 785 547 000
Net Income	21 591 000	19 125 000	14 903 000	19 388 000
Total Assets	464 043 000	345 745 000	285 746 000	306 678 000
Total Equity	98 861 000	96 716 000	95 590 000	90 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 692 117 000	1 902 085 000	1 919 457 000	1 785 547 000
Expenditure	2 713 011 000	1 847 047 000	1 959 279 000	1 746 736 000
Operating Profit	41 477 000	15 401 000	19 932 000	20 620 000
Financial Income	4 192 000	12 326 000	3 245 000	4 959 000
Financial Costs	15 415 000	4 802 000	4 387 000	955 000
Financial Balance	−11 223 000	7 524 000	−1 142 000	4 004 000
Earnings Before Tax	30 254 000	22 925 000	18 790 000	24 623 000
Tax	8 663 000	3 800 000	3 887 000	5 236 000
Net Income	21 591 000	19 125 000	14 903 000	19 388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 558 000	11 436 000	11 941 000	11 159 000
Total Current Assets	451 485 000	334 309 000	273 805 000	295 519 000
Total Assets	464 043 000	345 745 000	285 746 000	306 678 000
Total Retained Equity	92 437 000	92 267 000	91 142 000	86 239 000
Total Equity	98 861 000	96 716 000	95 590 000	90 133 000
Total Long-Term Debt	1 843 000	225 000	602 000	0
Total Current Debt	363 339 000	248 803 000	189 554 000	216 545 000
Total Equity and Debt	464 043 000	345 745 000	285 746 000	306 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 674 770 000	1 902 085 000	1 919 457 000	1 785 547 000
Other Income	17 347 000	0	0	0
Revenue	2 692 117 000	1 902 085 000	1 919 457 000	1 785 547 000
Cost of Goods Sold	2 680 040 000	1 818 948 000	1 938 942 000	1 719 649 000
Salary Costs	22 692 000	18 517 000	15 651 000	16 172 000
Depreciation	475 000	404 000	332 000	105 000
Impairment	0	0	0	0
Expenditure	2 713 011 000	1 847 047 000	1 959 279 000	1 746 736 000
Operating Profit	41 477 000	15 401 000	19 932 000	20 620 000
Financial Income	4 192 000	12 326 000	3 245 000	4 959 000
Financial Costs	15 415 000	4 802 000	4 387 000	955 000
Financial Balance	−11 223 000	7 524 000	−1 142 000	4 004 000
Dividends	21 000 000	18 000 000	10 000 000	15 000 000
Net Income	21 591 000	19 125 000	14 903 000	19 388 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	304 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	303 000	778 000	858 000	168 000
Total Tangible Assets	303 000	778 000	858 000	168 000
Total Fiancial Fixed Assets	12 254 000	10 658 000	11 082 000	10 687 000
Total Fixed Assets	12 558 000	11 436 000	11 941 000	11 159 000
Stock	90 860 000	24 091 000	63 726 000	4 227 000
Total Investments	57 969 000	68 166 000	22 119 000	21 095 000
Cash, Bank	41 616 000	20 491 000	657 000	46 182 000
Total Current Assets	451 485 000	334 309 000	273 805 000	295 519 000
Total Assets	464 043 000	345 745 000	285 746 000	306 678 000
Total Equity	98 861 000	96 716 000	95 590 000	90 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 843 000	225 000	602 000	0
Creditors	291 229 000	214 935 000	156 999 000	171 295 000
Unpaid Taxes	1 968 000	1 551 000	1 343 000	1 201 000
Dividends	21 000 000	18 000 000	10 000 000	15 000 000
Other Current Debt	42 097 000	10 141 000	14 640 000	23 962 000
Total Current Debt	363 339 000	248 803 000	189 554 000	216 545 000
Total Equity and Debt	464 043 000	345 745 000	285 746 000	306 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,84 %	19,77 %	15,59 %	21,51 %
Debt-to-Equity Ratio	0,02	0	0,01	0
Operating Profit Margin	1,54 %	0,81 %	1,04 %	1,15 %
Current Ratio	1,24	1,34	1,44	1,36
Quick Ratio	1,66	1,49	2,18	1,39
Equity Ratio	0,21	0,28	0,33	0,29
Gross Profit Margin	0,45 %	4,37 %	−1,02 %	3,69 %