NORVENT AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

53,83 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 487 000	1 828 000	1 340 000	1 319 000
Net Income	246 000	−32 000	−3 000	186 000
Total Assets	1 509 000	875 000	462 000	575 000
Total Equity	457 000	211 000	158 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 487 000	1 828 000	1 340 000	1 319 000
Expenditure	2 166 000	1 854 000	1 317 000	1 120 000
Operating Profit	320 000	−26 000	24 000	199 000
Financial Income	0	0	0	0
Financial Costs	13 000	6 000	19 000	13 000
Financial Balance	−13 000	−6 000	−19 000	−13 000
Earnings Before Tax	307 000	−32 000	5 000	187 000
Tax	61 000	0	8 000	1 000
Net Income	246 000	−32 000	−3 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	11 000	15 000	20 000
Total Current Assets	1 221 000	864 000	447 000	556 000
Total Assets	1 509 000	875 000	462 000	575 000
Total Retained Equity	222 000	−24 000	8 000	11 000
Total Equity	457 000	211 000	158 000	161 000
Total Long-Term Debt	0	234 000	0	0
Total Current Debt	1 052 000	429 000	304 000	414 000
Total Equity and Debt	1 509 000	875 000	462 000	575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 486 000	1 823 000	1 340 000	1 316 000
Other Income	1 000	5 000	0	3 000
Revenue	2 487 000	1 828 000	1 340 000	1 319 000
Cost of Goods Sold	716 000	534 000	507 000	328 000
Salary Costs	843 000	809 000	472 000	485 000
Depreciation	42 000	5 000	5 000	3 000
Impairment	0	0	0	0
Expenditure	2 166 000	1 854 000	1 317 000	1 120 000
Operating Profit	320 000	−26 000	24 000	199 000
Financial Income	0	0	0	0
Financial Costs	13 000	6 000	19 000	13 000
Financial Balance	−13 000	−6 000	−19 000	−13 000
Dividends	0	0	0	0
Net Income	246 000	−32 000	−3 000	186 000

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	0	0	0	0
Fixtures	289 000	11 000	15 000	20 000
Total Tangible Assets	289 000	11 000	15 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	11 000	15 000	20 000
Stock	595 000	571 000	294 000	306 000
Total Investments	0	0	0	0
Cash, Bank	486 000	88 000	25 000	26 000
Total Current Assets	1 221 000	864 000	447 000	556 000
Total Assets	1 509 000	875 000	462 000	575 000
Total Equity	457 000	211 000	158 000	161 000
Short-Term Group Debt	482 000	0	0	0
Total Long-Term Debt	0	234 000	0	0
Creditors	269 000	214 000	48 000	51 000
Unpaid Taxes	71 000	54 000	54 000	81 000
Dividends	0	0	0	0
Other Current Debt	169 000	161 000	152 000	231 000
Total Current Debt	1 052 000	429 000	304 000	414 000
Total Equity and Debt	1 509 000	875 000	462 000	575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,83 %	−15,17 %	−1,9 %	115,53 %
Debt-to-Equity Ratio	0	1,11	0	0
Operating Profit Margin	12,87 %	−1,42 %	1,79 %	15,09 %
Current Ratio	1,16	2,01	1,47	1,34
Quick Ratio	2,67	−6,08	44,7	5,15
Equity Ratio	0,3	0,24	0,34	0,28
Gross Profit Margin	71,21 %	70,79 %	62,16 %	75,13 %