NORWAY'S BEST GROUP AS

5743 FLÅM

Finances

Return on Equity

−9,17 %

Current Ratio

1,68

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 872 000	346 747 000	127 587 000	233 140 000
Net Income	−46 080 000	−115 409 000	−94 707 000	35 731 000
Total Assets	1 403 949 000	1 427 077 000	1 311 362 000	499 806 000
Total Equity	502 253 000	548 333 000	664 687 000	313 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 872 000	346 747 000	127 587 000	233 140 000
Expenditure	465 927 000	457 740 000	236 860 000	194 910 000
Operating Profit	−43 054 000	−110 992 000	−109 272 000	38 229 000
Financial Income	23 086 000	632 000	723 000	3 209 000
Financial Costs	43 015 000	30 732 000	11 995 000	5 102 000
Financial Balance	−19 929 000	−30 100 000	−11 272 000	−1 893 000
Earnings Before Tax	−62 983 000	−141 092 000	−120 543 000	36 336 000
Tax	−16 903 000	−25 683 000	−25 836 000	605 000
Net Income	−46 080 000	−115 409 000	−94 707 000	35 731 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 138 765 000	1 142 385 000	1 144 585 000	448 050 000
Total Current Assets	265 184 000	284 691 000	166 777 000	51 756 000
Total Assets	1 403 949 000	1 427 077 000	1 311 362 000	499 806 000
Total Retained Equity	438 413 000	480 823 000	594 606 000	256 043 000
Total Equity	502 253 000	548 333 000	664 687 000	313 178 000
Total Long-Term Debt	743 602 000	679 244 000	537 265 000	124 477 000
Total Current Debt	158 093 000	199 499 000	109 409 000	62 151 000
Total Equity and Debt	1 403 949 000	1 427 077 000	1 311 362 000	499 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	408 717 000	346 747 000	152 682 000	193 776 000
Other Income	14 155 000	0	−25 095 000	39 364 000
Revenue	422 872 000	346 747 000	127 587 000	233 140 000
Cost of Goods Sold	147 178 000	175 341 000	27 216 000	23 729 000
Salary Costs	152 861 000	129 763 000	87 125 000	84 094 000
Depreciation	44 417 000	44 967 000	36 616 000	17 269 000
Impairment	0	0	0	0
Expenditure	465 927 000	457 740 000	236 860 000	194 910 000
Operating Profit	−43 054 000	−110 992 000	−109 272 000	38 229 000
Financial Income	23 086 000	632 000	723 000	3 209 000
Financial Costs	43 015 000	30 732 000	11 995 000	5 102 000
Financial Balance	−19 929 000	−30 100 000	−11 272 000	−1 893 000
Dividends	0	0	0	0
Net Income	−46 080 000	−115 409 000	−94 707 000	35 731 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 795 000	12 704 000	16 827 000	1 496 000
Total Intangible Assets	78 056 000	67 418 000	48 029 000	1 652 000
Real Eastate	871 855 000	879 725 000	890 482 000	243 122 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 037 000	100 486 000	94 538 000	30 508 000
Total Tangible Assets	958 893 000	980 211 000	985 020 000	273 630 000
Total Fiancial Fixed Assets	101 817 000	94 756 000	111 536 000	172 767 000
Total Fixed Assets	1 138 765 000	1 142 385 000	1 144 585 000	448 050 000
Stock	145 314 000	106 139 000	68 120 000	13 433 000
Total Investments	0	0	0	0
Cash, Bank	82 623 000	90 388 000	54 252 000	16 917 000
Total Current Assets	265 184 000	284 691 000	166 777 000	51 756 000
Total Assets	1 403 949 000	1 427 077 000	1 311 362 000	499 806 000
Total Equity	502 253 000	548 333 000	664 687 000	313 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	743 602 000	679 244 000	537 265 000	124 477 000
Creditors	34 280 000	36 888 000	43 282 000	16 892 000
Unpaid Taxes	13 661 000	11 787 000	7 093 000	6 233 000
Dividends	0	0	0	0
Other Current Debt	109 455 000	133 166 000	52 793 000	15 984 000
Total Current Debt	158 093 000	199 499 000	109 409 000	62 151 000
Total Equity and Debt	1 403 949 000	1 427 077 000	1 311 362 000	499 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,17 %	−21,05 %	−14,25 %	11,41 %
Debt-to-Equity Ratio	1,48	1,24	0,81	0,4
Operating Profit Margin	−10,18 %	−32,01 %	−85,65 %	16,4 %
Current Ratio	1,68	1,43	1,52	0,83
Quick Ratio	20,75	3,05	4,04	1,06
Equity Ratio	0,36	0,38	0,51	0,63
Gross Profit Margin	65,2 %	49,43 %	78,67 %	89,82 %