NORSK SVEISE SERTIFISERING AS

5528 HAUGESUND

Finances

Return on Equity

7,25 %

Current Ratio

4,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	229 000	319 000	212 000	355 000
Net Income	113 000	361 000	94 000	256 000
Total Assets	1 597 000	1 765 000	1 155 000	1 272 000
Total Equity	1 559 000	1 446 000	1 085 000	1 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	229 000	319 000	212 000	355 000
Expenditure	108 000	103 000	83 000	84 000
Operating Profit	122 000	217 000	130 000	271 000
Financial Income	59 000	189 000	0	47 000
Financial Costs	45 000	0	11 000	0
Financial Balance	14 000	189 000	−11 000	47 000
Earnings Before Tax	135 000	406 000	119 000	317 000
Tax	22 000	46 000	25 000	61 000
Net Income	113 000	361 000	94 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 459 000	1 488 000	560 000	288 000
Total Current Assets	138 000	278 000	594 000	984 000
Total Assets	1 597 000	1 765 000	1 155 000	1 272 000
Total Retained Equity	1 459 000	1 346 000	985 000	929 000
Total Equity	1 559 000	1 446 000	1 085 000	1 029 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	34 000	320 000	70 000	243 000
Total Equity and Debt	1 597 000	1 765 000	1 155 000	1 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	193 000	319 000	220 000	346 000
Other Income	36 000	0	−9 000	9 000
Revenue	229 000	319 000	212 000	355 000
Cost of Goods Sold	0	0	3 000	0
Salary Costs	12 000	5 000	6 000	5 000
Depreciation	0	0	4 000	14 000
Impairment	0	0	0	0
Expenditure	108 000	103 000	83 000	84 000
Operating Profit	122 000	217 000	130 000	271 000
Financial Income	59 000	189 000	0	47 000
Financial Costs	45 000	0	11 000	0
Financial Balance	14 000	189 000	−11 000	47 000
Dividends	0	0	37 000	100 000
Net Income	113 000	361 000	94 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	497 000	497 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	497 000	497 000	0	4 000
Total Fiancial Fixed Assets	962 000	991 000	560 000	284 000
Total Fixed Assets	1 459 000	1 488 000	560 000	288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	259 000	496 000	904 000
Total Current Assets	138 000	278 000	594 000	984 000
Total Assets	1 597 000	1 765 000	1 155 000	1 272 000
Total Equity	1 559 000	1 446 000	1 085 000	1 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	7 000	259 000	3 000	8 000
Unpaid Taxes	10 000	6 000	4 000	10 000
Dividends	0	0	37 000	100 000
Other Current Debt	0	10 000	0	64 000
Total Current Debt	34 000	320 000	70 000	243 000
Total Equity and Debt	1 597 000	1 765 000	1 155 000	1 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,25 %	24,97 %	8,66 %	24,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,28 %	68,03 %	61,32 %	76,34 %
Current Ratio	4,06	0,87	8,49	4,05
Quick Ratio	4,06	0,87	8,49	4,05
Equity Ratio	0,98	0,82	0,94	0,81
Gross Profit Margin	100 %	100 %	98,58 %	100 %