NORTH INVENT NORWAY AS

5527 HAUGESUND

Finances

Return on Equity

4,24 %

Current Ratio

2,26

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 433 000	26 218 000	26 289 000	26 502 000
Net Income	574 000	209 000	193 000	372 000
Total Assets	36 618 000	34 215 000	30 656 000	28 156 000
Total Equity	13 551 000	12 976 000	12 767 000	12 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 433 000	26 218 000	26 289 000	26 502 000
Expenditure	12 349 000	8 757 000	8 506 000	7 563 000
Operating Profit	2 179 000	1 126 000	1 208 000	1 427 000
Financial Income	1 165 000	903 000	932 000	245 000
Financial Costs	2 770 000	1 820 000	1 948 000	1 300 000
Financial Balance	−1 605 000	−917 000	−1 016 000	−1 055 000
Earnings Before Tax	574 000	209 000	193 000	372 000
Tax	0	0	0	0
Net Income	574 000	209 000	193 000	372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000 000	18 769 000	17 603 000	16 228 000
Total Current Assets	15 617 000	15 446 000	13 053 000	11 929 000
Total Assets	36 618 000	34 215 000	30 656 000	28 156 000
Total Retained Equity	1 551 000	976 000	767 000	575 000
Total Equity	13 551 000	12 976 000	12 767 000	12 575 000
Total Long-Term Debt	16 166 000	15 552 000	13 972 000	10 950 000
Total Current Debt	6 901 000	5 686 000	3 916 000	4 631 000
Total Equity and Debt	36 618 000	34 215 000	30 656 000	28 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 010 000	22 973 000	21 911 000	23 974 000
Other Income	2 423 000	3 245 000	4 377 000	2 528 000
Revenue	40 433 000	26 218 000	26 289 000	26 502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 131 000	3 609 000	4 009 000	3 992 000
Depreciation	1 687 000	1 478 000	1 435 000	1 175 000
Impairment	0	0	0	0
Expenditure	12 349 000	8 757 000	8 506 000	7 563 000
Operating Profit	2 179 000	1 126 000	1 208 000	1 427 000
Financial Income	1 165 000	903 000	932 000	245 000
Financial Costs	2 770 000	1 820 000	1 948 000	1 300 000
Financial Balance	−1 605 000	−917 000	−1 016 000	−1 055 000
Dividends	0	0	0	0
Net Income	574 000	209 000	193 000	372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 917 000	16 610 000	15 542 000	15 594 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	583 000	659 000	561 000	633 000
Total Tangible Assets	583 000	659 000	561 000	633 000
Total Fiancial Fixed Assets	1 500 000	1 500 000	1 500 000	0
Total Fixed Assets	21 000 000	18 769 000	17 603 000	16 228 000
Stock	4 912 000	4 466 000	4 631 000	3 456 000
Total Investments	0	0	0	0
Cash, Bank	399 000	1 026 000	717 000	1 962 000
Total Current Assets	15 617 000	15 446 000	13 053 000	11 929 000
Total Assets	36 618 000	34 215 000	30 656 000	28 156 000
Total Equity	13 551 000	12 976 000	12 767 000	12 575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 166 000	15 552 000	13 972 000	10 950 000
Creditors	6 134 000	5 106 000	3 245 000	3 924 000
Unpaid Taxes	495 000	374 000	483 000	535 000
Dividends	0	0	0	0
Other Current Debt	272 000	207 000	189 000	172 000
Total Current Debt	6 901 000	5 686 000	3 916 000	4 631 000
Total Equity and Debt	36 618 000	34 215 000	30 656 000	28 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,24 %	1,61 %	1,51 %	2,96 %
Debt-to-Equity Ratio	1,19	1,2	1,09	0,87
Operating Profit Margin	5,39 %	4,29 %	4,6 %	5,38 %
Current Ratio	2,26	2,72	3,33	2,58
Quick Ratio	7,85	12,66	−18,26	10,15
Equity Ratio	0,37	0,38	0,42	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %