NØRVE EIENDOM AS

6008 ÅLESUND

Finances

Share Ownership

Return on Equity

2,42 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	167 000
Net Income	26 000	62 000	48 000	65 000
Total Assets	1 115 000	1 199 000	1 233 000	1 192 000
Total Equity	1 076 000	1 150 000	1 088 000	1 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	167 000
Expenditure	87 000	41 000	59 000	84 000
Operating Profit	33 000	79 000	61 000	83 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	33 000	79 000	61 000	83 000
Tax	7 000	17 000	13 000	18 000
Net Income	26 000	62 000	48 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 009 000	1 009 000	1 009 000	1 009 000
Total Current Assets	106 000	190 000	224 000	183 000
Total Assets	1 115 000	1 199 000	1 233 000	1 192 000
Total Retained Equity	976 000	1 050 000	988 000	1 041 000
Total Equity	1 076 000	1 150 000	1 088 000	1 141 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 000	48 000	145 000	51 000
Total Equity and Debt	1 115 000	1 199 000	1 233 000	1 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	120 000	120 000	167 000
Revenue	120 000	120 000	120 000	167 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	87 000	41 000	59 000	84 000
Operating Profit	33 000	79 000	61 000	83 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	100 000	0
Net Income	26 000	62 000	48 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 009 000	1 009 000	1 009 000	1 009 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 009 000	1 009 000	1 009 000	1 009 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 009 000	1 009 000	1 009 000	1 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	190 000	224 000	183 000
Total Current Assets	106 000	190 000	224 000	183 000
Total Assets	1 115 000	1 199 000	1 233 000	1 192 000
Total Equity	1 076 000	1 150 000	1 088 000	1 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	100 000	0
Other Current Debt	31 000	31 000	31 000	33 000
Total Current Debt	38 000	48 000	145 000	51 000
Total Equity and Debt	1 115 000	1 199 000	1 233 000	1 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,42 %	5,39 %	4,41 %	5,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,5 %	65,83 %	50,83 %	49,7 %
Current Ratio	2,79	3,96	1,54	3,59
Quick Ratio	2,79	3,96	1,54	3,59
Equity Ratio	0,97	0,96	0,88	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %