NORWEGIAN HOMES AS

1168 OSLO

Finances

Return on Equity

39,02 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	50 000	200 000	26 000
Net Income	3 406 000	−678 000	−974 000	894 000
Total Assets	12 425 000	9 482 000	10 135 000	11 573 000
Total Equity	8 729 000	5 323 000	6 001 000	6 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	50 000	200 000	26 000
Expenditure	612 000	858 000	1 095 000	1 292 000
Operating Profit	−587 000	−808 000	−896 000	−1 266 000
Financial Income	4 005 000	2 000	3 000	2 184 000
Financial Costs	12 000	14 000	82 000	25 000
Financial Balance	3 993 000	−12 000	−79 000	2 159 000
Earnings Before Tax	3 406 000	−820 000	−974 000	894 000
Tax	0	−142 000	0	0
Net Income	3 406 000	−678 000	−974 000	894 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 143 000	4 155 000	4 169 000	4 551 000
Total Current Assets	8 281 000	5 327 000	5 966 000	7 023 000
Total Assets	12 425 000	9 482 000	10 135 000	11 573 000
Total Retained Equity	8 629 000	5 223 000	5 901 000	6 875 000
Total Equity	8 729 000	5 323 000	6 001 000	6 975 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 696 000	4 160 000	4 134 000	4 598 000
Total Equity and Debt	12 425 000	9 482 000	10 135 000	11 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	50 000	200 000	26 000
Other Income	0	0	0	0
Revenue	25 000	50 000	200 000	26 000
Cost of Goods Sold	0	0	1 000	21 000
Salary Costs	493 000	493 000	403 000	493 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	612 000	858 000	1 095 000	1 292 000
Operating Profit	−587 000	−808 000	−896 000	−1 266 000
Financial Income	4 005 000	2 000	3 000	2 184 000
Financial Costs	12 000	14 000	82 000	25 000
Financial Balance	3 993 000	−12 000	−79 000	2 159 000
Dividends	0	0	0	0
Net Income	3 406 000	−678 000	−974 000	894 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 040 000	1 040 000	1 040 000	1 040 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 040 000	1 040 000	1 040 000	1 040 000
Total Fiancial Fixed Assets	3 103 000	3 115 000	3 129 000	3 511 000
Total Fixed Assets	4 143 000	4 155 000	4 169 000	4 551 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 461 000	48 000	187 000	284 000
Total Current Assets	8 281 000	5 327 000	5 966 000	7 023 000
Total Assets	12 425 000	9 482 000	10 135 000	11 573 000
Total Equity	8 729 000	5 323 000	6 001 000	6 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	122 000	192 000	91 000	251 000
Unpaid Taxes	29 000	30 000	23 000	66 000
Dividends	0	0	0	0
Other Current Debt	3 545 000	3 937 000	4 019 000	4 177 000
Total Current Debt	3 696 000	4 160 000	4 134 000	4 598 000
Total Equity and Debt	12 425 000	9 482 000	10 135 000	11 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,02 %	−12,74 %	−16,23 %	12,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2 348 %	−1 616 %	−448 %	−4 869,23 %
Current Ratio	2,24	1,28	1,44	1,53
Quick Ratio	2,24	1,28	1,44	1,53
Equity Ratio	0,7	0,56	0,59	0,6
Gross Profit Margin	100 %	100 %	99,5 %	19,23 %