NORDVEST FORSIKRING AS

6415 MOLDE

Finances

Share Ownership

Return on Equity

36,38 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 763 000	10 272 000	11 315 000	8 616 000
Net Income	366 000	932 000	843 000	550 000
Total Assets	3 564 000	4 178 000	4 221 000	3 710 000
Total Equity	1 006 000	1 140 000	958 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 763 000	10 272 000	11 315 000	8 616 000
Expenditure	8 226 000	8 982 000	10 109 000	7 855 000
Operating Profit	536 000	1 290 000	1 207 000	761 000
Financial Income	1 000	0	0	2 000
Financial Costs	47 000	37 000	49 000	55 000
Financial Balance	−46 000	−37 000	−49 000	−53 000
Earnings Before Tax	491 000	1 253 000	1 158 000	708 000
Tax	125 000	320 000	315 000	158 000
Net Income	366 000	932 000	843 000	550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 121 000	2 150 000	2 203 000	2 225 000
Total Current Assets	1 443 000	2 029 000	2 018 000	1 485 000
Total Assets	3 564 000	4 178 000	4 221 000	3 710 000
Total Retained Equity	976 000	1 110 000	928 000	84 000
Total Equity	1 006 000	1 140 000	958 000	114 000
Total Long-Term Debt	802 000	875 000	1 038 000	1 128 000
Total Current Debt	1 756 000	2 163 000	2 225 000	2 468 000
Total Equity and Debt	3 564 000	4 178 000	4 221 000	3 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 658 000	10 177 000	11 220 000	8 523 000
Other Income	105 000	95 000	95 000	92 000
Revenue	8 763 000	10 272 000	11 315 000	8 616 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 052 000	7 868 000	8 977 000	6 689 000
Depreciation	29 000	53 000	55 000	50 000
Impairment	0	0	0	0
Expenditure	8 226 000	8 982 000	10 109 000	7 855 000
Operating Profit	536 000	1 290 000	1 207 000	761 000
Financial Income	1 000	0	0	2 000
Financial Costs	47 000	37 000	49 000	55 000
Financial Balance	−46 000	−37 000	−49 000	−53 000
Dividends	500 000	0	0	500 000
Net Income	366 000	932 000	843 000	550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 070 000	2 070 000	2 070 000	2 070 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	51 000	105 000	127 000
Total Tangible Assets	2 092 000	2 121 000	2 174 000	2 196 000
Total Fiancial Fixed Assets	29 000	29 000	29 000	29 000
Total Fixed Assets	2 121 000	2 150 000	2 203 000	2 225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	664 000	804 000	1 287 000	858 000
Total Current Assets	1 443 000	2 029 000	2 018 000	1 485 000
Total Assets	3 564 000	4 178 000	4 221 000	3 710 000
Total Equity	1 006 000	1 140 000	958 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	802 000	875 000	1 038 000	1 128 000
Creditors	152 000	87 000	36 000	19 000
Unpaid Taxes	522 000	607 000	701 000	572 000
Dividends	500 000	0	0	500 000
Other Current Debt	958 000	1 148 000	1 196 000	1 219 000
Total Current Debt	1 756 000	2 163 000	2 225 000	2 468 000
Total Equity and Debt	3 564 000	4 178 000	4 221 000	3 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,38 %	81,75 %	88 %	482,46 %
Debt-to-Equity Ratio	0,8	0,77	1,08	9,89
Operating Profit Margin	6,12 %	12,56 %	10,67 %	8,83 %
Current Ratio	0,82	0,94	0,91	0,6
Quick Ratio	0,82	0,94	0,91	0,6
Equity Ratio	0,28	0,27	0,23	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %