NEDRE GLOMMEN ASSURANSE AS

1724 SARPSBORG

Finances

Share Ownership

Return on Equity

109,27 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 044 000	6 525 000	6 883 000	6 664 000
Net Income	165 000	334 000	−262 000	−62 000
Total Assets	2 119 000	2 093 000	2 279 000	2 360 000
Total Equity	151 000	186 000	−148 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 044 000	6 525 000	6 883 000	6 664 000
Expenditure	5 776 000	6 130 000	7 105 000	6 715 000
Operating Profit	267 000	396 000	−222 000	−51 000
Financial Income	0	0	0	0
Financial Costs	46 000	47 000	33 000	28 000
Financial Balance	−46 000	−47 000	−33 000	−28 000
Earnings Before Tax	221 000	349 000	−254 000	−79 000
Tax	56 000	14 000	8 000	−16 000
Net Income	165 000	334 000	−262 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	16 000
Total Current Assets	2 119 000	2 093 000	2 279 000	2 344 000
Total Assets	2 119 000	2 093 000	2 279 000	2 360 000
Total Retained Equity	1 000	36 000	−298 000	−36 000
Total Equity	151 000	186 000	−148 000	114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 968 000	1 907 000	2 428 000	2 246 000
Total Equity and Debt	2 119 000	2 093 000	2 279 000	2 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	5 000
Other Income	6 044 000	6 525 000	6 883 000	6 659 000
Revenue	6 044 000	6 525 000	6 883 000	6 664 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 773 000	5 197 000	6 207 000	5 658 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 776 000	6 130 000	7 105 000	6 715 000
Operating Profit	267 000	396 000	−222 000	−51 000
Financial Income	0	0	0	0
Financial Costs	46 000	47 000	33 000	28 000
Financial Balance	−46 000	−47 000	−33 000	−28 000
Dividends	200 000	0	0	0
Net Income	165 000	334 000	−262 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	8 000	35 000	0
Total Current Assets	2 119 000	2 093 000	2 279 000	2 344 000
Total Assets	2 119 000	2 093 000	2 279 000	2 360 000
Total Equity	151 000	186 000	−148 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	557 000	492 000	606 000	697 000
Unpaid Taxes	580 000	768 000	1 071 000	790 000
Dividends	200 000	0	0	0
Other Current Debt	574 000	632 000	750 000	759 000
Total Current Debt	1 968 000	1 907 000	2 428 000	2 246 000
Total Equity and Debt	2 119 000	2 093 000	2 279 000	2 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,27 %	179,57 %	177,03 %	−54,39 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	4,42 %	6,07 %	−3,23 %	−0,77 %
Current Ratio	1,08	1,1	0,94	1,04
Quick Ratio	1,08	1,1	0,94	1,04
Equity Ratio	0,07	0,09	−0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %