NORHAV FUNDING AS

8803 SANDNESSJØEN

Finances

Return on Equity

4,38 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 108 000	1 964 000	1 237 000	1 407 000
Net Income	230 000	305 000	225 000	129 000
Total Assets	8 352 000	9 208 000	8 349 000	8 317 000
Total Equity	5 249 000	5 019 000	4 714 000	4 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 108 000	1 964 000	1 237 000	1 407 000
Expenditure	1 752 000	1 508 000	1 342 000	1 157 000
Operating Profit	356 000	456 000	−105 000	251 000
Financial Income	11 000	11 000	372 000	13 000
Financial Costs	72 000	74 000	81 000	88 000
Financial Balance	−61 000	−63 000	291 000	−75 000
Earnings Before Tax	295 000	392 000	186 000	176 000
Tax	65 000	87 000	−39 000	46 000
Net Income	230 000	305 000	225 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 873 000	4 844 000	4 399 000	4 060 000
Total Current Assets	3 479 000	4 365 000	3 950 000	4 257 000
Total Assets	8 352 000	9 208 000	8 349 000	8 317 000
Total Retained Equity	5 145 000	4 915 000	4 610 000	4 385 000
Total Equity	5 249 000	5 019 000	4 714 000	4 489 000
Total Long-Term Debt	1 648 000	1 916 000	2 004 000	2 119 000
Total Current Debt	1 455 000	2 274 000	1 631 000	1 709 000
Total Equity and Debt	8 352 000	9 208 000	8 349 000	8 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 988 000	1 844 000	1 121 000	1 407 000
Other Income	120 000	120 000	116 000	0
Revenue	2 108 000	1 964 000	1 237 000	1 407 000
Cost of Goods Sold	190 000	37 000	0	1 000
Salary Costs	1 078 000	1 082 000	985 000	747 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 752 000	1 508 000	1 342 000	1 157 000
Operating Profit	356 000	456 000	−105 000	251 000
Financial Income	11 000	11 000	372 000	13 000
Financial Costs	72 000	74 000	81 000	88 000
Financial Balance	−61 000	−63 000	291 000	−75 000
Dividends	0	0	0	0
Net Income	230 000	305 000	225 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 007 000	3 007 000	3 007 000	3 007 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	54 000	54 000	54 000
Total Tangible Assets	3 060 000	3 060 000	3 060 000	3 060 000
Total Fiancial Fixed Assets	1 813 000	1 783 000	1 339 000	1 000 000
Total Fixed Assets	4 873 000	4 844 000	4 399 000	4 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 006 000	3 513 000	3 215 000	3 541 000
Total Current Assets	3 479 000	4 365 000	3 950 000	4 257 000
Total Assets	8 352 000	9 208 000	8 349 000	8 317 000
Total Equity	5 249 000	5 019 000	4 714 000	4 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 648 000	1 916 000	2 004 000	2 119 000
Creditors	44 000	80 000	18 000	27 000
Unpaid Taxes	303 000	510 000	203 000	268 000
Dividends	0	0	0	0
Other Current Debt	1 109 000	1 636 000	1 410 000	1 367 000
Total Current Debt	1 455 000	2 274 000	1 631 000	1 709 000
Total Equity and Debt	8 352 000	9 208 000	8 349 000	8 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,38 %	6,08 %	4,77 %	2,87 %
Debt-to-Equity Ratio	0,31	0,38	0,43	0,47
Operating Profit Margin	16,89 %	23,22 %	−8,49 %	17,84 %
Current Ratio	2,39	1,92	2,42	2,49
Quick Ratio	2,39	1,92	2,42	2,49
Equity Ratio	0,63	0,55	0,56	0,54
Gross Profit Margin	90,99 %	98,12 %	100 %	99,93 %