NORVEGICUM INVEST AS

3580 GEILO

Finances

Return on Equity

20,1 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 541 000	2 445 000	2 030 000	2 538 000
Net Income	336 000	443 000	37 000	694 000
Total Assets	2 990 000	3 309 000	3 216 000	3 051 000
Total Equity	1 672 000	1 886 000	1 743 000	2 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 541 000	2 445 000	2 030 000	2 538 000
Expenditure	2 051 000	1 820 000	1 881 000	1 661 000
Operating Profit	490 000	625 000	149 000	876 000
Financial Income	10 000	21 000	5 000	13 000
Financial Costs	40 000	35 000	48 000	5 000
Financial Balance	−30 000	−14 000	−43 000	8 000
Earnings Before Tax	460 000	611 000	106 000	884 000
Tax	124 000	168 000	69 000	189 000
Net Income	336 000	443 000	37 000	694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	788 000	1 168 000	1 322 000	407 000
Total Current Assets	2 202 000	2 141 000	1 894 000	2 644 000
Total Assets	2 990 000	3 309 000	3 216 000	3 051 000
Total Retained Equity	544 000	758 000	614 000	1 234 000
Total Equity	1 672 000	1 886 000	1 743 000	2 362 000
Total Long-Term Debt	571 000	660 000	748 000	0
Total Current Debt	746 000	762 000	726 000	689 000
Total Equity and Debt	2 990 000	3 309 000	3 216 000	3 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 541 000	2 445 000	2 030 000	2 538 000
Other Income	0	0	0	0
Revenue	2 541 000	2 445 000	2 030 000	2 538 000
Cost of Goods Sold	273 000	168 000	258 000	118 000
Salary Costs	841 000	760 000	747 000	758 000
Depreciation	380 000	404 000	330 000	131 000
Impairment	0	0	0	0
Expenditure	2 051 000	1 820 000	1 881 000	1 661 000
Operating Profit	490 000	625 000	149 000	876 000
Financial Income	10 000	21 000	5 000	13 000
Financial Costs	40 000	35 000	48 000	5 000
Financial Balance	−30 000	−14 000	−43 000	8 000
Dividends	0	0	0	0
Net Income	336 000	443 000	37 000	694 000

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	0	0	0	0
Fixtures	727 000	1 107 000	1 261 000	331 000
Total Tangible Assets	727 000	1 107 000	1 261 000	331 000
Total Fiancial Fixed Assets	61 000	61 000	61 000	76 000
Total Fixed Assets	788 000	1 168 000	1 322 000	407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 779 000	753 000	694 000	1 135 000
Total Current Assets	2 202 000	2 141 000	1 894 000	2 644 000
Total Assets	2 990 000	3 309 000	3 216 000	3 051 000
Total Equity	1 672 000	1 886 000	1 743 000	2 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	571 000	660 000	748 000	0
Creditors	−23 000	7 000	1 000	−16 000
Unpaid Taxes	99 000	109 000	110 000	46 000
Dividends	0	0	0	0
Other Current Debt	546 000	478 000	546 000	470 000
Total Current Debt	746 000	762 000	726 000	689 000
Total Equity and Debt	2 990 000	3 309 000	3 216 000	3 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,1 %	23,49 %	2,12 %	29,38 %
Debt-to-Equity Ratio	0,34	0,35	0,43	0
Operating Profit Margin	19,28 %	25,56 %	7,34 %	34,52 %
Current Ratio	2,95	2,81	2,61	3,84
Quick Ratio	2,95	2,81	2,61	3,84
Equity Ratio	0,56	0,57	0,54	0,77
Gross Profit Margin	89,26 %	93,13 %	87,29 %	95,35 %