NORWEGIAN TEST & INSPECTION AS

4262 AVALDSNES

Finances

Return on Equity

94,54 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 249 000	5 966 000	4 668 000	5 264 000
Net Income	3 102 000	2 282 000	166 000	101 000
Total Assets	7 965 000	6 759 000	1 866 000	1 767 000
Total Equity	3 281 000	1 879 000	897 000	619 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 249 000	5 966 000	4 668 000	5 264 000
Expenditure	6 232 000	4 389 000	4 438 000	5 108 000
Operating Profit	4 017 000	1 578 000	230 000	155 000
Financial Income	0	1 100 000	0	1 000
Financial Costs	40 000	62 000	18 000	26 000
Financial Balance	−40 000	1 038 000	−18 000	−25 000
Earnings Before Tax	3 977 000	2 616 000	212 000	130 000
Tax	875 000	333 000	47 000	29 000
Net Income	3 102 000	2 282 000	166 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 331 000	3 567 000	68 000	88 000
Total Current Assets	3 633 000	3 192 000	1 798 000	1 679 000
Total Assets	7 965 000	6 759 000	1 866 000	1 767 000
Total Retained Equity	3 181 000	1 779 000	797 000	528 000
Total Equity	3 281 000	1 879 000	897 000	619 000
Total Long-Term Debt	797 000	940 000	0	0
Total Current Debt	3 887 000	3 940 000	969 000	1 147 000
Total Equity and Debt	7 965 000	6 759 000	1 866 000	1 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 249 000	5 939 000	4 651 000	5 264 000
Other Income	0	27 000	17 000	0
Revenue	10 249 000	5 966 000	4 668 000	5 264 000
Cost of Goods Sold	690 000	73 000	23 000	27 000
Salary Costs	4 846 000	3 698 000	3 640 000	4 030 000
Depreciation	44 000	24 000	36 000	58 000
Impairment	0	0	0	0
Expenditure	6 232 000	4 389 000	4 438 000	5 108 000
Operating Profit	4 017 000	1 578 000	230 000	155 000
Financial Income	0	1 100 000	0	1 000
Financial Costs	40 000	62 000	18 000	26 000
Financial Balance	−40 000	1 038 000	−18 000	−25 000
Dividends	0	0	0	0
Net Income	3 102 000	2 282 000	166 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	33 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	831 000	44 000	35 000	52 000
Total Tangible Assets	831 000	44 000	35 000	52 000
Total Fiancial Fixed Assets	3 500 000	3 500 000	0	0
Total Fixed Assets	4 331 000	3 567 000	68 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 885 000	776 000	649 000	342 000
Total Current Assets	3 633 000	3 192 000	1 798 000	1 679 000
Total Assets	7 965 000	6 759 000	1 866 000	1 767 000
Total Equity	3 281 000	1 879 000	897 000	619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	797 000	940 000	0	0
Creditors	95 000	28 000	29 000	37 000
Unpaid Taxes	794 000	585 000	404 000	436 000
Dividends	0	0	0	0
Other Current Debt	2 164 000	3 004 000	492 000	472 000
Total Current Debt	3 887 000	3 940 000	969 000	1 147 000
Total Equity and Debt	7 965 000	6 759 000	1 866 000	1 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,54 %	121,45 %	18,51 %	16,32 %
Debt-to-Equity Ratio	0,24	0,5	0	0
Operating Profit Margin	39,19 %	26,45 %	4,93 %	2,94 %
Current Ratio	0,93	0,81	1,86	1,46
Quick Ratio	0,93	0,81	1,86	1,46
Equity Ratio	0,41	0,28	0,48	0,35
Gross Profit Margin	93,27 %	98,78 %	99,51 %	99,49 %