NARVIK SPA AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

27,06 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 188 000	3 008 000	3 104 000	3 147 000
Net Income	164 000	9 000	263 000	158 000
Total Assets	2 146 000	1 888 000	1 917 000	1 777 000
Total Equity	606 000	442 000	433 000	170 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 188 000	3 008 000	3 104 000	3 147 000
Expenditure	3 007 000	3 007 000	2 795 000	3 006 000
Operating Profit	180 000	0	310 000	141 000
Financial Income	28 000	10 000	12 000	17 000
Financial Costs	0	1 000	0	0
Financial Balance	28 000	9 000	12 000	17 000
Earnings Before Tax	208 000	9 000	322 000	158 000
Tax	44 000	0	59 000	0
Net Income	164 000	9 000	263 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	120 000	37 000	17 000
Total Current Assets	2 111 000	1 767 000	1 880 000	1 760 000
Total Assets	2 146 000	1 888 000	1 917 000	1 777 000
Total Retained Equity	335 000	172 000	163 000	−101 000
Total Equity	606 000	442 000	433 000	170 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 541 000	1 446 000	1 484 000	1 607 000
Total Equity and Debt	2 146 000	1 888 000	1 917 000	1 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 188 000	2 999 000	3 058 000	3 087 000
Other Income	0	9 000	45 000	59 000
Revenue	3 188 000	3 008 000	3 104 000	3 147 000
Cost of Goods Sold	897 000	915 000	904 000	757 000
Salary Costs	1 665 000	1 645 000	1 396 000	1 694 000
Depreciation	10 000	7 000	1 000	23 000
Impairment	0	0	0	0
Expenditure	3 007 000	3 007 000	2 795 000	3 006 000
Operating Profit	180 000	0	310 000	141 000
Financial Income	28 000	10 000	12 000	17 000
Financial Costs	0	1 000	0	0
Financial Balance	28 000	9 000	12 000	17 000
Dividends	0	0	0	0
Net Income	164 000	9 000	263 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	13 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	17 000	17 000	17 000
Total Tangible Assets	29 000	17 000	17 000	17 000
Total Fiancial Fixed Assets	0	90 000	0	0
Total Fixed Assets	35 000	120 000	37 000	17 000
Stock	398 000	281 000	353 000	267 000
Total Investments	0	0	0	0
Cash, Bank	1 494 000	1 353 000	1 322 000	1 285 000
Total Current Assets	2 111 000	1 767 000	1 880 000	1 760 000
Total Assets	2 146 000	1 888 000	1 917 000	1 777 000
Total Equity	606 000	442 000	433 000	170 000
Short-Term Group Debt	370 000	369 000	353 000	307 000
Total Long-Term Debt	0	0	0	0
Creditors	74 000	33 000	100 000	58 000
Unpaid Taxes	177 000	141 000	85 000	159 000
Dividends	0	0	0	0
Other Current Debt	875 000	902 000	887 000	1 081 000
Total Current Debt	1 541 000	1 446 000	1 484 000	1 607 000
Total Equity and Debt	2 146 000	1 888 000	1 917 000	1 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,06 %	2,04 %	60,74 %	92,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,65 %	0 %	9,99 %	4,48 %
Current Ratio	1,37	1,22	1,27	1,1
Quick Ratio	1,85	1,52	1,66	1,31
Equity Ratio	0,28	0,23	0,23	0,1
Gross Profit Margin	71,86 %	69,58 %	70,88 %	75,95 %