NORFANGST AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

−3,33 %

Current Ratio

3,32

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 808 000	17 570 000	2 472 000	3 016 000
Net Income	−242 000	11 157 000	142 000	244 000
Total Assets	12 170 000	15 944 000	2 556 000	2 731 000
Total Equity	7 277 000	8 118 000	−38 000	−180 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 808 000	17 570 000	2 472 000	3 016 000
Expenditure	3 024 000	3 162 000	2 175 000	2 591 000
Operating Profit	−216 000	14 407 000	297 000	426 000
Financial Income	10 000	9 000	11 000	11 000
Financial Costs	102 000	140 000	166 000	193 000
Financial Balance	−92 000	−131 000	−155 000	−182 000
Earnings Before Tax	−307 000	14 276 000	142 000	244 000
Tax	−65 000	3 119 000	0	0
Net Income	−242 000	11 157 000	142 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 545 000	7 798 000	2 153 000	2 377 000
Total Current Assets	4 625 000	8 146 000	404 000	354 000
Total Assets	12 170 000	15 944 000	2 556 000	2 731 000
Total Retained Equity	7 177 000	8 018 000	−138 000	−280 000
Total Equity	7 277 000	8 118 000	−38 000	−180 000
Total Long-Term Debt	3 503 000	4 239 000	2 303 000	2 624 000
Total Current Debt	1 391 000	3 587 000	292 000	287 000
Total Equity and Debt	12 170 000	15 944 000	2 556 000	2 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 767 000	2 727 000	2 472 000	3 016 000
Other Income	41 000	14 843 000	0	0
Revenue	2 808 000	17 570 000	2 472 000	3 016 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 878 000	2 024 000	1 380 000	1 629 000
Depreciation	197 000	197 000	225 000	216 000
Impairment	0	0	0	0
Expenditure	3 024 000	3 162 000	2 175 000	2 591 000
Operating Profit	−216 000	14 407 000	297 000	426 000
Financial Income	10 000	9 000	11 000	11 000
Financial Costs	102 000	140 000	166 000	193 000
Financial Balance	−92 000	−131 000	−155 000	−182 000
Dividends	600 000	3 000 000	0	0
Net Income	−242 000	11 157 000	142 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000 000	6 000 000	158 000	180 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	98 000	116 000	139 000
Total Tangible Assets	1 544 000	1 797 000	1 994 000	2 197 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	7 545 000	7 798 000	2 153 000	2 377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 503 000	8 033 000	284 000	252 000
Total Current Assets	4 625 000	8 146 000	404 000	354 000
Total Assets	12 170 000	15 944 000	2 556 000	2 731 000
Total Equity	7 277 000	8 118 000	−38 000	−180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 503 000	4 239 000	2 303 000	2 624 000
Creditors	3 000	61 000	0	1 000
Unpaid Taxes	314 000	236 000	282 000	283 000
Dividends	600 000	3 000 000	0	0
Other Current Debt	2 000	5 000	10 000	3 000
Total Current Debt	1 391 000	3 587 000	292 000	287 000
Total Equity and Debt	12 170 000	15 944 000	2 556 000	2 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,33 %	137,44 %	−373,68 %	−135,56 %
Debt-to-Equity Ratio	0,48	0,52	−60,61	−14,58
Operating Profit Margin	−7,69 %	82 %	12,01 %	14,12 %
Current Ratio	3,32	2,27	1,38	1,23
Quick Ratio	3,32	2,27	1,38	1,23
Equity Ratio	0,6	0,51	−0,01	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %