NORVALD OLSEN AS

5776 NÅ

Finances

Share Ownership

Return on Equity

−9,4 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 570 000	1 416 000	4 441 000	3 773 000
Net Income	−543 000	−1 238 000	642 000	542 000
Total Assets	6 861 000	7 976 000	9 848 000	10 234 000
Total Equity	5 779 000	6 322 000	7 560 000	6 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 570 000	1 416 000	4 441 000	3 773 000
Expenditure	3 236 000	2 978 000	3 546 000	2 973 000
Operating Profit	−667 000	−1 561 000	895 000	800 000
Financial Income	2 000	6 000	7 000	4 000
Financial Costs	32 000	32 000	80 000	109 000
Financial Balance	−30 000	−26 000	−73 000	−105 000
Earnings Before Tax	−696 000	−1 586 000	822 000	695 000
Tax	−153 000	−348 000	181 000	153 000
Net Income	−543 000	−1 238 000	642 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 550 000	6 475 000	7 571 000	7 329 000
Total Current Assets	1 311 000	1 501 000	2 278 000	2 904 000
Total Assets	6 861 000	7 976 000	9 848 000	10 234 000
Total Retained Equity	5 679 000	6 222 000	7 460 000	6 819 000
Total Equity	5 779 000	6 322 000	7 560 000	6 919 000
Total Long-Term Debt	558 000	1 030 000	1 731 000	2 486 000
Total Current Debt	524 000	623 000	557 000	829 000
Total Equity and Debt	6 861 000	7 976 000	9 848 000	10 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 311 000	1 240 000	3 011 000	2 718 000
Other Income	258 000	176 000	1 430 000	1 054 000
Revenue	2 570 000	1 416 000	4 441 000	3 773 000
Cost of Goods Sold	97 000	17 000	133 000	37 000
Salary Costs	309 000	20 000	264 000	324 000
Depreciation	991 000	1 156 000	1 323 000	1 367 000
Impairment	0	0	0	0
Expenditure	3 236 000	2 978 000	3 546 000	2 973 000
Operating Profit	−667 000	−1 561 000	895 000	800 000
Financial Income	2 000	6 000	7 000	4 000
Financial Costs	32 000	32 000	80 000	109 000
Financial Balance	−30 000	−26 000	−73 000	−105 000
Dividends	0	0	0	0
Net Income	−543 000	−1 238 000	642 000	542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 489 000	1 532 000	1 575 000	1 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 832 000	4 630 000	5 600 000	5 250 000
Total Tangible Assets	5 321 000	6 162 000	7 175 000	6 850 000
Total Fiancial Fixed Assets	229 000	313 000	396 000	479 000
Total Fixed Assets	5 550 000	6 475 000	7 571 000	7 329 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	777 000	1 154 000	1 289 000	2 802 000
Total Current Assets	1 311 000	1 501 000	2 278 000	2 904 000
Total Assets	6 861 000	7 976 000	9 848 000	10 234 000
Total Equity	5 779 000	6 322 000	7 560 000	6 919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	558 000	1 030 000	1 731 000	2 486 000
Creditors	179 000	540 000	326 000	192 000
Unpaid Taxes	143 000	1 000	109 000	515 000
Dividends	0	0	0	0
Other Current Debt	202 000	81 000	122 000	105 000
Total Current Debt	524 000	623 000	557 000	829 000
Total Equity and Debt	6 861 000	7 976 000	9 848 000	10 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,4 %	−19,58 %	8,49 %	7,83 %
Debt-to-Equity Ratio	0,1	0,16	0,23	0,36
Operating Profit Margin	−25,95 %	−110,24 %	20,15 %	21,2 %
Current Ratio	2,5	2,41	4,09	3,5
Quick Ratio	2,5	2,41	4,09	3,5
Equity Ratio	0,84	0,79	0,77	0,68
Gross Profit Margin	96,23 %	98,8 %	97,01 %	99,02 %