NORGESDESIGN AS

3121 NØTTERØY

Finances

Return on Equity

23,46 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 480 000	2 724 000	2 802 000	2 128 000
Net Income	114 000	106 000	143 000	139 000
Total Assets	1 010 000	865 000	828 000	554 000
Total Equity	486 000	542 000	436 000	292 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 480 000	2 724 000	2 802 000	2 128 000
Expenditure	3 318 000	2 593 000	2 621 000	1 976 000
Operating Profit	162 000	131 000	180 000	152 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Earnings Before Tax	149 000	131 000	180 000	152 000
Tax	35 000	25 000	37 000	14 000
Net Income	114 000	106 000	143 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	277 000	119 000	47 000
Total Current Assets	808 000	588 000	710 000	507 000
Total Assets	1 010 000	865 000	828 000	554 000
Total Retained Equity	385 000	441 000	335 000	192 000
Total Equity	486 000	542 000	436 000	292 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	524 000	324 000	393 000	261 000
Total Equity and Debt	1 010 000	865 000	828 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 480 000	2 724 000	2 802 000	2 128 000
Other Income	0	0	0	0
Revenue	3 480 000	2 724 000	2 802 000	2 128 000
Cost of Goods Sold	1 896 000	1 232 000	1 274 000	829 000
Salary Costs	1 150 000	1 093 000	1 067 000	855 000
Depreciation	9 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	3 318 000	2 593 000	2 621 000	1 976 000
Operating Profit	162 000	131 000	180 000	152 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Dividends	0	0	0	0
Net Income	114 000	106 000	143 000	139 000

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	7 000	16 000	27 000	0
Total Tangible Assets	7 000	16 000	27 000	0
Total Fiancial Fixed Assets	195 000	261 000	91 000	47 000
Total Fixed Assets	202 000	277 000	119 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	471 000	328 000	482 000	265 000
Total Current Assets	808 000	588 000	710 000	507 000
Total Assets	1 010 000	865 000	828 000	554 000
Total Equity	486 000	542 000	436 000	292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	181 000	51 000	115 000	41 000
Unpaid Taxes	205 000	150 000	144 000	130 000
Dividends	0	0	0	0
Other Current Debt	103 000	98 000	97 000	76 000
Total Current Debt	524 000	324 000	393 000	261 000
Total Equity and Debt	1 010 000	865 000	828 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,46 %	19,56 %	32,8 %	47,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,66 %	4,81 %	6,42 %	7,14 %
Current Ratio	1,54	1,81	1,81	1,94
Quick Ratio	1,54	1,81	1,81	1,94
Equity Ratio	0,48	0,63	0,53	0,53
Gross Profit Margin	45,52 %	54,77 %	54,53 %	61,04 %