ZURICH INSURANCE EUROPE AG, NORWAY BRANCH

0257 OSLO

Finances

Share Ownership

Return on Equity

47,53 %

Current Ratio

6,24

Debt-to-Equity Ratio

12,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 637 000	40 849 000	55 451 000	46 964 000
Net Income	39 877 000	−13 244 000	−22 847 000	3 489 000
Total Assets	1 191 741 000	1 153 897 000	1 140 643 000	771 630 000
Total Equity	83 907 000	92 317 000	123 064 000	82 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 637 000	40 849 000	55 451 000	46 964 000
Expenditure	0	0	0	0
Operating Profit	41 446 000	−14 043 000	−27 649 000	3 435 000
Financial Income	6 328 000	1 186 000	−1 304 000	4 543 000
Financial Costs	1 300 000	391 000	264 000	1 409 000
Financial Balance	5 028 000	795 000	−1 568 000	3 134 000
Earnings Before Tax	46 474 000	−13 248 000	−29 217 000	6 568 000
Tax	6 597 000	−4 000	−6 370 000	3 080 000
Net Income	39 877 000	−13 244 000	−22 847 000	3 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 192 000	814 246 000	776 481 000	539 928 000
Total Current Assets	289 551 000	339 621 000	364 137 000	231 678 000
Total Assets	1 191 741 000	1 153 897 000	1 140 643 000	771 630 000
Total Retained Equity	41 276 000	−9 956 000	3 383 000	14 347 000
Total Equity	83 907 000	92 317 000	123 064 000	82 746 000
Total Long-Term Debt	1 061 466 000	996 883 000	960 210 000	653 117 000
Total Current Debt	46 368 000	64 698 000	57 369 000	35 768 000
Total Equity and Debt	1 191 741 000	1 153 897 000	1 140 643 000	771 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 471 000	40 849 000	54 514 000	46 622 000
Other Income	166 000	0	937 000	342 000
Revenue	35 637 000	40 849 000	55 451 000	46 964 000
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	0	0	0	0
Operating Profit	41 446 000	−14 043 000	−27 649 000	3 435 000
Financial Income	6 328 000	1 186 000	−1 304 000	4 543 000
Financial Costs	1 300 000	391 000	264 000	1 409 000
Financial Balance	5 028 000	795 000	−1 568 000	3 134 000
Dividends	0	0	0	0
Net Income	39 877 000	−13 244 000	−22 847 000	3 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	30 000	26 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	1 639 000	3 245 000	4 716 000
Total Tangible Assets	58 000	1 639 000	3 245 000	4 716 000
Total Fiancial Fixed Assets	902 134 000	812 607 000	773 236 000	535 212 000
Total Fixed Assets	902 192 000	814 246 000	776 481 000	539 928 000
Stock	0	0	0	0
Total Investments	160 988 000	208 157 000	267 322 000	170 649 000
Cash, Bank	0	0	0	0
Total Current Assets	289 551 000	339 621 000	364 137 000	231 678 000
Total Assets	1 191 741 000	1 153 897 000	1 140 643 000	771 630 000
Total Equity	83 907 000	92 317 000	123 064 000	82 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 061 466 000	996 883 000	960 210 000	653 117 000
Creditors	761 000	615 000	569 000	208 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 607 000	64 083 000	56 799 000	35 561 000
Total Current Debt	46 368 000	64 698 000	57 369 000	35 768 000
Total Equity and Debt	1 191 741 000	1 153 897 000	1 140 643 000	771 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,53 %	−14,35 %	−18,57 %	4,22 %
Debt-to-Equity Ratio	12,65	10,8	7,8	7,89
Operating Profit Margin	116,3 %	−34,38 %	−49,86 %	7,31 %
Current Ratio	6,24	5,25	6,35	6,48
Quick Ratio	6,24	5,25	6,35	6,48
Equity Ratio	0,07	0,08	0,11	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %