NORWAC AS

0181 OSLO

Finances

Share Ownership

Return on Equity

−2,22 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 358 000	7 145 000	7 158 000	6 395 000
Net Income	−118 000	1 302 000	1 554 000	1 021 000
Total Assets	30 752 000	36 515 000	44 934 000	30 487 000
Total Equity	5 305 000	5 423 000	4 121 000	2 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 358 000	7 145 000	7 158 000	6 395 000
Expenditure	6 469 000	5 821 000	5 603 000	5 377 000
Operating Profit	−111 000	1 324 000	1 555 000	1 018 000
Financial Income	0	12 000	1 000	131 000
Financial Costs	7 000	34 000	3 000	127 000
Financial Balance	−7 000	−22 000	−2 000	4 000
Earnings Before Tax	−118 000	1 302 000	1 554 000	1 021 000
Tax	0	0	0	0
Net Income	−118 000	1 302 000	1 554 000	1 021 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	30 752 000	36 515 000	44 934 000	30 487 000
Total Assets	30 752 000	36 515 000	44 934 000	30 487 000
Total Retained Equity	5 205 000	5 323 000	4 021 000	2 468 000
Total Equity	5 305 000	5 423 000	4 121 000	2 568 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 447 000	31 092 000	40 812 000	27 919 000
Total Equity and Debt	30 752 000	36 515 000	44 934 000	30 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 799 000	4 665 000	4 718 000	3 768 000
Other Income	2 558 000	2 481 000	2 440 000	2 626 000
Revenue	6 358 000	7 145 000	7 158 000	6 395 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 166 000	4 460 000	4 124 000	4 344 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 469 000	5 821 000	5 603 000	5 377 000
Operating Profit	−111 000	1 324 000	1 555 000	1 018 000
Financial Income	0	12 000	1 000	131 000
Financial Costs	7 000	34 000	3 000	127 000
Financial Balance	−7 000	−22 000	−2 000	4 000
Dividends	0	0	0	0
Net Income	−118 000	1 302 000	1 554 000	1 021 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 967 000	36 167 000	44 577 000	30 277 000
Total Current Assets	30 752 000	36 515 000	44 934 000	30 487 000
Total Assets	30 752 000	36 515 000	44 934 000	30 487 000
Total Equity	5 305 000	5 423 000	4 121 000	2 568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	94 000	14 000	86 000
Unpaid Taxes	342 000	224 000	216 000	213 000
Dividends	0	0	0	0
Other Current Debt	25 070 000	30 774 000	40 582 000	27 620 000
Total Current Debt	25 447 000	31 092 000	40 812 000	27 919 000
Total Equity and Debt	30 752 000	36 515 000	44 934 000	30 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,22 %	24,01 %	37,71 %	39,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,75 %	18,53 %	21,72 %	15,92 %
Current Ratio	1,21	1,17	1,1	1,09
Quick Ratio	1,21	1,17	1,1	1,09
Equity Ratio	0,17	0,15	0,09	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %