NORWEGIAN VALVE GROUP AS

0988 OSLO

Finances

Share Ownership

Return on Equity

−34,66 %

Current Ratio

21,57

Debt-to-Equity Ratio

6,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	278 000	506 000	1 162 000	1 433 000
Net Income	−165 000	−1 460 000	351 000	130 000
Total Assets	3 927 000	4 674 000	5 881 000	6 081 000
Total Equity	476 000	640 000	2 008 000	2 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	278 000	506 000	1 162 000	1 433 000
Expenditure	421 000	2 312 000	648 000	1 173 000
Operating Profit	−143 000	−1 806 000	514 000	260 000
Financial Income	41 000	42 000	58 000	43 000
Financial Costs	109 000	107 000	122 000	144 000
Financial Balance	−68 000	−65 000	−64 000	−101 000
Earnings Before Tax	−211 000	−1 871 000	449 000	160 000
Tax	−47 000	−412 000	99 000	30 000
Net Income	−165 000	−1 460 000	351 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	386 000	0	0
Total Current Assets	3 494 000	4 288 000	5 881 000	6 081 000
Total Assets	3 927 000	4 674 000	5 881 000	6 081 000
Total Retained Equity	−1 108 000	−943 000	517 000	517 000
Total Equity	476 000	640 000	2 008 000	2 008 000
Total Long-Term Debt	3 289 000	3 869 000	3 271 000	3 413 000
Total Current Debt	162 000	165 000	602 000	659 000
Total Equity and Debt	3 927 000	4 674 000	5 881 000	6 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	278 000	506 000	1 162 000	1 433 000
Other Income	0	0	0	0
Revenue	278 000	506 000	1 162 000	1 433 000
Cost of Goods Sold	54 000	1 840 000	181 000	690 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	421 000	2 312 000	648 000	1 173 000
Operating Profit	−143 000	−1 806 000	514 000	260 000
Financial Income	41 000	42 000	58 000	43 000
Financial Costs	109 000	107 000	122 000	144 000
Financial Balance	−68 000	−65 000	−64 000	−101 000
Dividends	0	0	0	0
Net Income	−165 000	−1 460 000	351 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	432 000	386 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	432 000	386 000	0	0
Stock	2 046 000	2 100 000	3 939 000	4 092 000
Total Investments	0	0	0	0
Cash, Bank	21 000	21 000	21 000	349 000
Total Current Assets	3 494 000	4 288 000	5 881 000	6 081 000
Total Assets	3 927 000	4 674 000	5 881 000	6 081 000
Total Equity	476 000	640 000	2 008 000	2 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 289 000	3 869 000	3 271 000	3 413 000
Creditors	0	3 000	−10 000	2 000
Unpaid Taxes	0	0	0	11 000
Dividends	0	0	0	0
Other Current Debt	162 000	162 000	612 000	646 000
Total Current Debt	162 000	165 000	602 000	659 000
Total Equity and Debt	3 927 000	4 674 000	5 881 000	6 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,66 %	−228,13 %	17,48 %	6,47 %
Debt-to-Equity Ratio	6,91	6,05	1,63	1,7
Operating Profit Margin	−51,44 %	−356,92 %	44,23 %	18,14 %
Current Ratio	21,57	25,99	9,77	9,23
Quick Ratio	−1,85	−2,22	−1,76	−1,77
Equity Ratio	0,12	0,14	0,34	0,33
Gross Profit Margin	80,58 %	−263,64 %	84,42 %	51,85 %