NORWEGIAN COMFORT GROUP AS

0678 OSLO

Finances

Return on Equity

32,54 %

Current Ratio

4,39

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 934 000	3 278 000	1 382 000	3 494 000
Net Income	7 516 000	1 782 000	−6 299 000	967 000
Total Assets	33 247 000	31 434 000	26 031 000	34 463 000
Total Equity	23 095 000	15 578 000	13 796 000	20 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 934 000	3 278 000	1 382 000	3 494 000
Expenditure	4 643 000	2 505 000	862 000	2 773 000
Operating Profit	4 291 000	772 000	521 000	721 000
Financial Income	2 008 000	1 501 000	1 077 000	668 000
Financial Costs	−2 101 000	−12 000	7 852 000	307 000
Financial Balance	4 109 000	1 513 000	−6 775 000	361 000
Earnings Before Tax	8 400 000	2 285 000	−6 255 000	1 082 000
Tax	884 000	503 000	44 000	115 000
Net Income	7 516 000	1 782 000	−6 299 000	967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 746 000	27 461 000	24 332 000	32 337 000
Total Current Assets	3 501 000	3 974 000	1 698 000	2 126 000
Total Assets	33 247 000	31 434 000	26 031 000	34 463 000
Total Retained Equity	22 095 000	14 578 000	12 796 000	19 095 000
Total Equity	23 095 000	15 578 000	13 796 000	20 095 000
Total Long-Term Debt	9 355 000	14 579 000	11 823 000	13 057 000
Total Current Debt	797 000	1 278 000	411 000	1 311 000
Total Equity and Debt	33 247 000	31 434 000	26 031 000	34 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 805 000	3 278 000	1 368 000	3 494 000
Other Income	4 129 000	0	13 000	0
Revenue	8 934 000	3 278 000	1 382 000	3 494 000
Cost of Goods Sold	2 410 000	503 000	331 000	731 000
Salary Costs	1 346 000	1 502 000	1 050 000	1 369 000
Depreciation	90 000	88 000	85 000	78 000
Impairment	0	0	0	0
Expenditure	4 643 000	2 505 000	862 000	2 773 000
Operating Profit	4 291 000	772 000	521 000	721 000
Financial Income	2 008 000	1 501 000	1 077 000	668 000
Financial Costs	−2 101 000	−12 000	7 852 000	307 000
Financial Balance	4 109 000	1 513 000	−6 775 000	361 000
Dividends	0	0	0	0
Net Income	7 516 000	1 782 000	−6 299 000	967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	80 000	2 748 000	2 739 000	2 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	189 000	41 000	30 000
Total Tangible Assets	225 000	2 937 000	2 780 000	2 840 000
Total Fiancial Fixed Assets	29 521 000	24 524 000	21 552 000	29 497 000
Total Fixed Assets	29 746 000	27 461 000	24 332 000	32 337 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 350 000	2 951 000	788 000	316 000
Total Current Assets	3 501 000	3 974 000	1 698 000	2 126 000
Total Assets	33 247 000	31 434 000	26 031 000	34 463 000
Total Equity	23 095 000	15 578 000	13 796 000	20 095 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 355 000	14 579 000	11 823 000	13 057 000
Creditors	8 000	300 000	146 000	718 000
Unpaid Taxes	198 000	343 000	87 000	254 000
Dividends	0	0	0	0
Other Current Debt	361 000	138 000	178 000	185 000
Total Current Debt	797 000	1 278 000	411 000	1 311 000
Total Equity and Debt	33 247 000	31 434 000	26 031 000	34 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,54 %	11,44 %	−45,66 %	4,81 %
Debt-to-Equity Ratio	0,41	0,94	0,86	0,65
Operating Profit Margin	48,03 %	23,55 %	37,7 %	20,64 %
Current Ratio	4,39	3,11	4,13	1,62
Quick Ratio	4,39	3,11	4,13	1,62
Equity Ratio	0,69	0,5	0,53	0,58
Gross Profit Margin	73,02 %	84,66 %	76,05 %	79,08 %