NORVA24 GRAVCO AS

0668 OSLO

Finances

Share Ownership

Return on Equity

49,36 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 952 000	79 886 000	71 101 000	76 269 000
Net Income	10 639 000	5 629 000	6 821 000	8 679 000
Total Assets	49 538 000	28 332 000	26 729 000	29 817 000
Total Equity	21 555 000	7 760 000	9 025 000	8 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 952 000	79 886 000	71 101 000	76 269 000
Expenditure	74 471 000	72 722 000	62 381 000	65 239 000
Operating Profit	13 481 000	7 163 000	8 719 000	11 030 000
Financial Income	215 000	91 000	126 000	233 000
Financial Costs	44 000	33 000	95 000	135 000
Financial Balance	171 000	58 000	31 000	98 000
Earnings Before Tax	13 652 000	7 221 000	8 750 000	11 128 000
Tax	3 012 000	1 593 000	1 929 000	2 449 000
Net Income	10 639 000	5 629 000	6 821 000	8 679 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 614 000	3 504 000	3 063 000	3 570 000
Total Current Assets	45 924 000	24 828 000	23 667 000	26 247 000
Total Assets	49 538 000	28 332 000	26 729 000	29 817 000
Total Retained Equity	435 000	982 000	2 247 000	2 050 000
Total Equity	21 555 000	7 760 000	9 025 000	8 828 000
Total Long-Term Debt	2 000	144 000	496 000	436 000
Total Current Debt	27 982 000	20 428 000	17 207 000	20 553 000
Total Equity and Debt	49 538 000	28 332 000	26 729 000	29 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 196 000	79 374 000	69 606 000	75 679 000
Other Income	2 756 000	511 000	1 495 000	589 000
Revenue	87 952 000	79 886 000	71 101 000	76 269 000
Cost of Goods Sold	17 235 000	22 320 000	15 945 000	17 230 000
Salary Costs	32 690 000	28 841 000	25 987 000	27 858 000
Depreciation	1 044 000	830 000	787 000	742 000
Impairment	0	0	0	0
Expenditure	74 471 000	72 722 000	62 381 000	65 239 000
Operating Profit	13 481 000	7 163 000	8 719 000	11 030 000
Financial Income	215 000	91 000	126 000	233 000
Financial Costs	44 000	33 000	95 000	135 000
Financial Balance	171 000	58 000	31 000	98 000
Dividends	0	0	0	0
Net Income	10 639 000	5 629 000	6 821 000	8 679 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 050 000	1 470 000	1 890 000	2 310 000
Total Intangible Assets	1 050 000	1 470 000	1 890 000	2 310 000
Real Eastate	0	21 000	0	0
Machinery and Plant Facilities	1 491 000	1 011 000	0	447 000
Fixtures	1 073 000	1 001 000	1 173 000	814 000
Total Tangible Assets	2 564 000	2 034 000	1 173 000	1 260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 614 000	3 504 000	3 063 000	3 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	0	7 000
Total Current Assets	45 924 000	24 828 000	23 667 000	26 247 000
Total Assets	49 538 000	28 332 000	26 729 000	29 817 000
Total Equity	21 555 000	7 760 000	9 025 000	8 828 000
Short-Term Group Debt	14 341 000	8 839 000	8 492 000	11 107 000
Total Long-Term Debt	2 000	144 000	496 000	436 000
Creditors	5 124 000	4 371 000	2 483 000	2 465 000
Unpaid Taxes	4 499 000	4 302 000	3 495 000	3 923 000
Dividends	0	0	0	0
Other Current Debt	4 018 000	2 916 000	2 738 000	3 058 000
Total Current Debt	27 982 000	20 428 000	17 207 000	20 553 000
Total Equity and Debt	49 538 000	28 332 000	26 729 000	29 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,36 %	72,54 %	75,58 %	98,31 %
Debt-to-Equity Ratio	0	0,02	0,05	0,05
Operating Profit Margin	15,33 %	8,97 %	12,26 %	14,46 %
Current Ratio	1,64	1,22	1,38	1,28
Quick Ratio	1,64	1,22	1,38	1,28
Equity Ratio	0,44	0,27	0,34	0,3
Gross Profit Margin	80,4 %	72,06 %	77,57 %	77,41 %