NORWAYAZ AS

4022 STAVANGER

Finances

Return on Equity

49,08 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 131 000	3 601 000	3 434 000	1 394 000
Net Income	345 000	1 206 000	1 942 000	−41 000
Total Assets	4 197 000	5 548 000	6 555 000	4 893 000
Total Equity	703 000	1 450 000	2 863 000	3 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 131 000	3 601 000	3 434 000	1 394 000
Expenditure	2 674 000	2 050 000	919 000	1 401 000
Operating Profit	457 000	1 551 000	2 515 000	−7 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	26 000	46 000
Financial Balance	−5 000	0	−26 000	−46 000
Earnings Before Tax	452 000	1 551 000	2 490 000	−53 000
Tax	107 000	346 000	548 000	−12 000
Net Income	345 000	1 206 000	1 942 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 008 000	1 038 000	3 228 000	3 355 000
Total Current Assets	3 189 000	4 509 000	3 327 000	1 538 000
Total Assets	4 197 000	5 548 000	6 555 000	4 893 000
Total Retained Equity	603 000	1 350 000	2 763 000	3 865 000
Total Equity	703 000	1 450 000	2 863 000	3 965 000
Total Long-Term Debt	217 000	307 000	0	11 000
Total Current Debt	3 277 000	3 790 000	3 692 000	917 000
Total Equity and Debt	4 197 000	5 548 000	6 555 000	4 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 093 000	3 552 000	3 434 000	1 394 000
Other Income	38 000	49 000	0	0
Revenue	3 131 000	3 601 000	3 434 000	1 394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 332 000	1 800 000	662 000	1 087 000
Depreciation	73 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	2 674 000	2 050 000	919 000	1 401 000
Operating Profit	457 000	1 551 000	2 515 000	−7 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	26 000	46 000
Financial Balance	−5 000	0	−26 000	−46 000
Dividends	0	1 500 000	1 200 000	270 000
Net Income	345 000	1 206 000	1 942 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	28 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	504 000	577 000	0	0
Fixtures	115 000	73 000	73 000	73 000
Total Tangible Assets	620 000	650 000	73 000	73 000
Total Fiancial Fixed Assets	388 000	388 000	3 126 000	3 226 000
Total Fixed Assets	1 008 000	1 038 000	3 228 000	3 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	435 000	689 000	247 000	23 000
Total Current Assets	3 189 000	4 509 000	3 327 000	1 538 000
Total Assets	4 197 000	5 548 000	6 555 000	4 893 000
Total Equity	703 000	1 450 000	2 863 000	3 965 000
Short-Term Group Debt	2 298 000	1 860 000	2 364 000	0
Total Long-Term Debt	217 000	307 000	0	11 000
Creditors	0	20 000	4 000	42 000
Unpaid Taxes	237 000	218 000	39 000	40 000
Dividends	0	1 500 000	1 200 000	270 000
Other Current Debt	742 000	192 000	85 000	132 000
Total Current Debt	3 277 000	3 790 000	3 692 000	917 000
Total Equity and Debt	4 197 000	5 548 000	6 555 000	4 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,08 %	83,17 %	67,83 %	−1,03 %
Debt-to-Equity Ratio	0,31	0,21	0	0
Operating Profit Margin	14,6 %	43,07 %	73,24 %	−0,5 %
Current Ratio	0,97	1,19	0,9	1,68
Quick Ratio	0,97	1,19	0,9	1,68
Equity Ratio	0,17	0,26	0,44	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %