NOWEST AS

4622 KRISTIANSAND S

Finances

Return on Equity

1,93 %

Current Ratio

12,2

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	208 000	0	49 000
Net Income	92 000	2 161 000	994 000	−155 000
Total Assets	5 138 000	5 114 000	4 984 000	4 626 000
Total Equity	4 755 000	4 763 000	2 601 000	4 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	208 000	0	49 000
Expenditure	121 000	232 000	500 000	274 000
Operating Profit	35 000	−24 000	−500 000	−224 000
Financial Income	68 000	2 192 000	1 498 000	69 000
Financial Costs	11 000	7 000	5 000	10 000
Financial Balance	57 000	2 185 000	1 493 000	59 000
Earnings Before Tax	92 000	2 161 000	994 000	−164 000
Tax	0	0	0	−9 000
Net Income	92 000	2 161 000	994 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 613 000	3 610 000	2 098 000	718 000
Total Current Assets	1 525 000	1 504 000	2 886 000	3 908 000
Total Assets	5 138 000	5 114 000	4 984 000	4 626 000
Total Retained Equity	4 419 000	4 426 000	2 265 000	4 271 000
Total Equity	4 755 000	4 763 000	2 601 000	4 607 000
Total Long-Term Debt	258 000	310 000	0	0
Total Current Debt	125 000	41 000	2 383 000	19 000
Total Equity and Debt	5 138 000	5 114 000	4 984 000	4 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 000	208 000	0	49 000
Other Income	0	0	0	0
Revenue	155 000	208 000	0	49 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	8 000	22 000	120 000	14 000
Depreciation	7 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	121 000	232 000	500 000	274 000
Operating Profit	35 000	−24 000	−500 000	−224 000
Financial Income	68 000	2 192 000	1 498 000	69 000
Financial Costs	11 000	7 000	5 000	10 000
Financial Balance	57 000	2 185 000	1 493 000	59 000
Dividends	0	0	800 000	200 000
Net Income	92 000	2 161 000	994 000	−155 000

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	7 000	18 000	28 000
Total Tangible Assets	0	7 000	18 000	28 000
Total Fiancial Fixed Assets	3 613 000	3 603 000	2 080 000	690 000
Total Fixed Assets	3 613 000	3 610 000	2 098 000	718 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	25 000	1 144 000	2 319 000
Total Current Assets	1 525 000	1 504 000	2 886 000	3 908 000
Total Assets	5 138 000	5 114 000	4 984 000	4 626 000
Total Equity	4 755 000	4 763 000	2 601 000	4 607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	258 000	310 000	0	0
Creditors	3 000	0	0	−5 000
Unpaid Taxes	35 000	40 000	1 000	0
Dividends	0	0	800 000	200 000
Other Current Debt	88 000	0	2 382 000	24 000
Total Current Debt	125 000	41 000	2 383 000	19 000
Total Equity and Debt	5 138 000	5 114 000	4 984 000	4 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,93 %	45,37 %	38,22 %	−3,36 %
Debt-to-Equity Ratio	0,05	0,07	0	0
Operating Profit Margin	22,58 %	−11,54 %	-	−457,14 %
Current Ratio	12,2	36,68	1,21	205,68
Quick Ratio	12,2	36,68	1,21	205,68
Equity Ratio	0,93	0,93	0,52	1
Gross Profit Margin	100 %	100 %	-	97,96 %