NOR LINES SVOLVÆR AS

8300 SVOLVÆR

Finances

Return on Equity

11 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 558 000	11 130 000	10 323 000	11 841 000
Net Income	223 000	319 000	311 000	215 000
Total Assets	3 562 000	3 061 000	2 961 000	2 341 000
Total Equity	2 027 000	1 804 000	1 484 000	1 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 558 000	11 130 000	10 323 000	11 841 000
Expenditure	11 278 000	10 724 000	9 930 000	11 622 000
Operating Profit	281 000	406 000	393 000	218 000
Financial Income	5 000	1 000	4 000	6 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	4 000	0	3 000	5 000
Earnings Before Tax	285 000	407 000	397 000	223 000
Tax	62 000	88 000	86 000	8 000
Net Income	223 000	319 000	311 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	52 000	42 000	2 000
Total Current Assets	3 499 000	3 009 000	2 919 000	2 339 000
Total Assets	3 562 000	3 061 000	2 961 000	2 341 000
Total Retained Equity	1 922 000	1 699 000	1 379 000	1 068 000
Total Equity	2 027 000	1 804 000	1 484 000	1 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 536 000	1 258 000	1 476 000	1 167 000
Total Equity and Debt	3 562 000	3 061 000	2 961 000	2 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 558 000	11 130 000	10 323 000	11 841 000
Other Income	0	0	0	0
Revenue	11 558 000	11 130 000	10 323 000	11 841 000
Cost of Goods Sold	5 151 000	5 266 000	4 711 000	6 687 000
Salary Costs	3 671 000	3 525 000	3 494 000	3 303 000
Depreciation	11 000	6 000	4 000	8 000
Impairment	0	0	0	0
Expenditure	11 278 000	10 724 000	9 930 000	11 622 000
Operating Profit	281 000	406 000	393 000	218 000
Financial Income	5 000	1 000	4 000	6 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	4 000	0	3 000	5 000
Dividends	0	0	0	0
Net Income	223 000	319 000	311 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	33 000	38 000	42 000	0
Fixtures	30 000	15 000	0	2 000
Total Tangible Assets	64 000	52 000	42 000	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	52 000	42 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 619 000	1 977 000	2 097 000	1 515 000
Total Current Assets	3 499 000	3 009 000	2 919 000	2 339 000
Total Assets	3 562 000	3 061 000	2 961 000	2 341 000
Total Equity	2 027 000	1 804 000	1 484 000	1 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	610 000	413 000	681 000	444 000
Unpaid Taxes	371 000	337 000	278 000	293 000
Dividends	0	0	0	0
Other Current Debt	493 000	420 000	432 000	422 000
Total Current Debt	1 536 000	1 258 000	1 476 000	1 167 000
Total Equity and Debt	3 562 000	3 061 000	2 961 000	2 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11 %	17,68 %	20,96 %	18,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,43 %	3,65 %	3,81 %	1,84 %
Current Ratio	2,28	2,39	1,98	2
Quick Ratio	2,28	2,39	1,98	2
Equity Ratio	0,57	0,59	0,5	0,5
Gross Profit Margin	55,43 %	52,69 %	54,36 %	43,53 %