NORVEI AS

3090 HOF

Finances

Share Ownership

Return on Equity

20,41 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 125 000	32 838 000	8 068 000	31 911 000
Net Income	515 000	267 000	−52 000	865 000
Total Assets	23 879 000	15 551 000	3 626 000	7 744 000
Total Equity	2 523 000	2 008 000	1 742 000	1 794 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 125 000	32 838 000	8 068 000	31 911 000
Expenditure	66 894 000	32 412 000	8 132 000	30 798 000
Operating Profit	788 000	427 000	−63 000	1 113 000
Financial Income	0	0	0	2 000
Financial Costs	128 000	88 000	1 000	6 000
Financial Balance	−128 000	−88 000	−1 000	−4 000
Earnings Before Tax	660 000	340 000	−64 000	1 109 000
Tax	145 000	73 000	−12 000	244 000
Net Income	515 000	267 000	−52 000	865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 473 000	1 348 000	601 000	773 000
Total Current Assets	22 406 000	14 203 000	3 026 000	6 971 000
Total Assets	23 879 000	15 551 000	3 626 000	7 744 000
Total Retained Equity	2 421 000	1 906 000	1 640 000	1 692 000
Total Equity	2 523 000	2 008 000	1 742 000	1 794 000
Total Long-Term Debt	42 000	18 000	0	0
Total Current Debt	21 313 000	13 525 000	1 885 000	5 950 000
Total Equity and Debt	23 879 000	15 551 000	3 626 000	7 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 845 000	32 658 000	7 764 000	30 603 000
Other Income	280 000	181 000	304 000	1 307 000
Revenue	67 125 000	32 838 000	8 068 000	31 911 000
Cost of Goods Sold	50 852 000	27 604 000	7 488 000	28 140 000
Salary Costs	5 753 000	1 313 000	0	0
Depreciation	336 000	163 000	113 000	136 000
Impairment	0	0	0	0
Expenditure	66 894 000	32 412 000	8 132 000	30 798 000
Operating Profit	788 000	427 000	−63 000	1 113 000
Financial Income	0	0	0	2 000
Financial Costs	128 000	88 000	1 000	6 000
Financial Balance	−128 000	−88 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	515 000	267 000	−52 000	865 000

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	1 366 000	930 000	401 000	513 000
Fixtures	27 000	278 000	0	0
Total Tangible Assets	1 393 000	1 208 000	401 000	513 000
Total Fiancial Fixed Assets	80 000	140 000	200 000	260 000
Total Fixed Assets	1 473 000	1 348 000	601 000	773 000
Stock	558 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 263 000	0	1 254 000	1 927 000
Total Current Assets	22 406 000	14 203 000	3 026 000	6 971 000
Total Assets	23 879 000	15 551 000	3 626 000	7 744 000
Total Equity	2 523 000	2 008 000	1 742 000	1 794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	18 000	0	0
Creditors	19 488 000	12 239 000	1 819 000	5 706 000
Unpaid Taxes	422 000	283 000	66 000	0
Dividends	0	0	0	0
Other Current Debt	1 283 000	481 000	0	0
Total Current Debt	21 313 000	13 525 000	1 885 000	5 950 000
Total Equity and Debt	23 879 000	15 551 000	3 626 000	7 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,41 %	13,3 %	−2,99 %	48,22 %
Debt-to-Equity Ratio	0,02	0,01	0	0
Operating Profit Margin	1,17 %	1,3 %	−0,78 %	3,49 %
Current Ratio	1,05	1,05	1,61	1,17
Quick Ratio	1,08	1,05	1,61	1,17
Equity Ratio	0,11	0,13	0,48	0,23
Gross Profit Margin	24,24 %	15,94 %	7,19 %	11,82 %