NORWEGIAN UNDERWRITING AGENCY AS

0252 OSLO

Finances

Return on Equity

−97,84 %

Current Ratio

0,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 973 000	16 584 000	12 973 000	12 279 000
Net Income	−1 271 000	1 373 000	−678 000	471 000
Total Assets	9 763 000	11 187 000	4 243 000	4 024 000
Total Equity	1 299 000	2 570 000	1 697 000	2 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 973 000	16 584 000	12 973 000	12 279 000
Expenditure	16 198 000	14 737 000	13 684 000	11 639 000
Operating Profit	−2 224 000	1 847 000	−710 000	640 000
Financial Income	764 000	14 000	10 000	19 000
Financial Costs	17 000	27 000	141 000	6 000
Financial Balance	747 000	−13 000	−131 000	13 000
Earnings Before Tax	−1 477 000	1 835 000	−842 000	653 000
Tax	−206 000	462 000	−164 000	182 000
Net Income	−1 271 000	1 373 000	−678 000	471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 265 000	5 543 000	206 000	314 000
Total Current Assets	4 498 000	5 644 000	4 036 000	3 711 000
Total Assets	9 763 000	11 187 000	4 243 000	4 024 000
Total Retained Equity	504 000	1 774 000	902 000	1 580 000
Total Equity	1 299 000	2 570 000	1 697 000	2 375 000
Total Long-Term Debt	0	257 000	757 000	0
Total Current Debt	8 464 000	8 361 000	1 789 000	1 649 000
Total Equity and Debt	9 763 000	11 187 000	4 243 000	4 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 973 000	16 584 000	12 739 000	12 270 000
Other Income	0	0	234 000	9 000
Revenue	13 973 000	16 584 000	12 973 000	12 279 000
Cost of Goods Sold	0	0	126 000	0
Salary Costs	8 020 000	7 430 000	7 641 000	7 496 000
Depreciation	44 000	47 000	87 000	98 000
Impairment	0	0	0	0
Expenditure	16 198 000	14 737 000	13 684 000	11 639 000
Operating Profit	−2 224 000	1 847 000	−710 000	640 000
Financial Income	764 000	14 000	10 000	19 000
Financial Costs	17 000	27 000	141 000	6 000
Financial Balance	747 000	−13 000	−131 000	13 000
Dividends	0	500 000	0	0
Net Income	−1 271 000	1 373 000	−678 000	471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	29 000	45 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	115 000	161 000	248 000
Total Tangible Assets	115 000	115 000	161 000	248 000
Total Fiancial Fixed Assets	5 022 000	5 400 000	0	30 000
Total Fixed Assets	5 265 000	5 543 000	206 000	314 000
Stock	0	0	0	0
Total Investments	11 000	11 000	11 000	101 000
Cash, Bank	312 000	276 000	567 000	395 000
Total Current Assets	4 498 000	5 644 000	4 036 000	3 711 000
Total Assets	9 763 000	11 187 000	4 243 000	4 024 000
Total Equity	1 299 000	2 570 000	1 697 000	2 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	257 000	757 000	0
Creditors	192 000	411 000	256 000	81 000
Unpaid Taxes	661 000	620 000	630 000	617 000
Dividends	0	500 000	0	0
Other Current Debt	7 315 000	6 583 000	903 000	796 000
Total Current Debt	8 464 000	8 361 000	1 789 000	1 649 000
Total Equity and Debt	9 763 000	11 187 000	4 243 000	4 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−97,84 %	53,42 %	−39,95 %	19,83 %
Debt-to-Equity Ratio	0	0,1	0,45	0
Operating Profit Margin	−15,92 %	11,14 %	−5,47 %	5,21 %
Current Ratio	0,53	0,68	2,26	2,25
Quick Ratio	0,53	0,68	2,26	2,25
Equity Ratio	0,13	0,23	0,4	0,59
Gross Profit Margin	100 %	100 %	99,03 %	100 %