NAVIGARE SECURITY AS

0680 OSLO

Finances

Share Ownership

Return on Equity

−22,52 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 196 000	2 424 000	507 000	1 404 000
Net Income	−50 000	140 000	−245 000	−70 000
Total Assets	454 000	513 000	579 000	860 000
Total Equity	222 000	272 000	133 000	378 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 196 000	2 424 000	507 000	1 404 000
Expenditure	2 242 000	2 242 000	800 000	1 478 000
Operating Profit	−47 000	183 000	−292 000	−74 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	3 000	8 000	12 000
Financial Balance	−1 000	−3 000	−8 000	−11 000
Earnings Before Tax	−48 000	180 000	−300 000	−85 000
Tax	2 000	40 000	−55 000	−16 000
Net Income	−50 000	140 000	−245 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	205 000	450 000	509 000
Total Current Assets	302 000	308 000	129 000	351 000
Total Assets	454 000	513 000	579 000	860 000
Total Retained Equity	122 000	172 000	33 000	278 000
Total Equity	222 000	272 000	133 000	378 000
Total Long-Term Debt	0	0	263 000	302 000
Total Current Debt	232 000	240 000	183 000	180 000
Total Equity and Debt	454 000	513 000	579 000	860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 190 000	2 320 000	507 000	1 314 000
Other Income	5 000	105 000	0	91 000
Revenue	2 196 000	2 424 000	507 000	1 404 000
Cost of Goods Sold	297 000	277 000	120 000	381 000
Salary Costs	716 000	1 002 000	388 000	753 000
Depreciation	34 000	56 000	114 000	113 000
Impairment	0	0	0	0
Expenditure	2 242 000	2 242 000	800 000	1 478 000
Operating Profit	−47 000	183 000	−292 000	−74 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	3 000	8 000	12 000
Financial Balance	−1 000	−3 000	−8 000	−11 000
Dividends	0	0	0	0
Net Income	−50 000	140 000	−245 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	50 000	90 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	146 000	351 000	465 000
Total Tangible Assets	112 000	146 000	351 000	465 000
Total Fiancial Fixed Assets	−8 000	8 000	8 000	8 000
Total Fixed Assets	152 000	205 000	450 000	509 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	65 000	41 000	114 000
Total Current Assets	302 000	308 000	129 000	351 000
Total Assets	454 000	513 000	579 000	860 000
Total Equity	222 000	272 000	133 000	378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	263 000	302 000
Creditors	40 000	20 000	38 000	24 000
Unpaid Taxes	54 000	61 000	77 000	58 000
Dividends	0	0	0	0
Other Current Debt	138 000	159 000	68 000	99 000
Total Current Debt	232 000	240 000	183 000	180 000
Total Equity and Debt	454 000	513 000	579 000	860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,52 %	51,47 %	−184,21 %	−18,52 %
Debt-to-Equity Ratio	0	0	1,98	0,8
Operating Profit Margin	−2,14 %	7,55 %	−57,59 %	−5,27 %
Current Ratio	1,3	1,28	0,7	1,95
Quick Ratio	1,3	1,28	0,7	1,95
Equity Ratio	0,49	0,53	0,23	0,44
Gross Profit Margin	86,48 %	88,57 %	76,33 %	72,86 %