NORWEGIAN DEVELOPERS CO AS

0476 OSLO

Finances

Return on Equity

14,29 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 087 000	98 172 000	76 562 000	0
Net Income	5 425 000	19 589 000	17 232 000	5 265 000
Total Assets	60 385 000	60 380 000	55 050 000	7 585 000
Total Equity	37 953 000	36 001 000	29 290 000	435 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 087 000	98 172 000	76 562 000	0
Expenditure	81 583 000	72 706 000	56 672 000	16 000
Operating Profit	5 904 000	25 999 000	19 400 000	−16 000
Financial Income	2 764 000	639 000	2 397 000	5 281 000
Financial Costs	1 470 000	2 030 000	534 000	0
Financial Balance	1 294 000	−1 391 000	1 863 000	5 281 000
Earnings Before Tax	7 198 000	24 608 000	21 263 000	5 265 000
Tax	1 773 000	5 020 000	4 031 000	0
Net Income	5 425 000	19 589 000	17 232 000	5 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 286 000	6 312 000	6 499 000	381 000
Total Current Assets	55 099 000	54 068 000	48 551 000	7 204 000
Total Assets	60 385 000	60 380 000	55 050 000	7 585 000
Total Retained Equity	36 799 000	34 955 000	28 471 000	325 000
Total Equity	37 953 000	36 001 000	29 290 000	435 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 431 000	24 379 000	25 760 000	7 150 000
Total Equity and Debt	60 385 000	60 380 000	55 050 000	7 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 086 000	98 172 000	76 562 000	0
Other Income	1 000	0	0	0
Revenue	89 087 000	98 172 000	76 562 000	0
Cost of Goods Sold	18 429 000	20 957 000	12 412 000	0
Salary Costs	33 156 000	30 339 000	25 379 000	0
Depreciation	2 651 000	2 548 000	2 650 000	0
Impairment	0	0	0	0
Expenditure	81 583 000	72 706 000	56 672 000	16 000
Operating Profit	5 904 000	25 999 000	19 400 000	−16 000
Financial Income	2 764 000	639 000	2 397 000	5 281 000
Financial Costs	1 470 000	2 030 000	534 000	0
Financial Balance	1 294 000	−1 391 000	1 863 000	5 281 000
Dividends	3 480 000	13 152 000	7 894 000	5 280 000
Net Income	5 425 000	19 589 000	17 232 000	5 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	703 000	678 000	577 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 277 000	5 177 000	5 606 000	0
Total Tangible Assets	4 277 000	5 177 000	5 606 000	0
Total Fiancial Fixed Assets	306 000	456 000	316 000	381 000
Total Fixed Assets	5 286 000	6 312 000	6 499 000	381 000
Stock	3 090 000	371 000	206 000	0
Total Investments	0	0	0	0
Cash, Bank	23 450 000	23 434 000	30 027 000	11 000
Total Current Assets	55 099 000	54 068 000	48 551 000	7 204 000
Total Assets	60 385 000	60 380 000	55 050 000	7 585 000
Total Equity	37 953 000	36 001 000	29 290 000	435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 405 000	6 095 000	4 755 000	0
Unpaid Taxes	2 456 000	3 226 000	1 866 000	0
Dividends	3 480 000	13 152 000	7 894 000	5 280 000
Other Current Debt	9 187 000	9 730 000	10 605 000	1 870 000
Total Current Debt	22 431 000	24 379 000	25 760 000	7 150 000
Total Equity and Debt	60 385 000	60 380 000	55 050 000	7 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,29 %	54,41 %	58,83 %	1 210,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,63 %	26,48 %	25,34 %	-
Current Ratio	2,46	2,22	1,88	1,01
Quick Ratio	2,85	2,25	1,9	1,01
Equity Ratio	0,63	0,6	0,53	0,06
Gross Profit Margin	79,31 %	78,65 %	83,79 %	-