NARVIK GLASSMAGASIN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

2,25 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 307 000	5 711 000	5 386 000	4 800 000
Net Income	17 000	204 000	215 000	8 000
Total Assets	3 204 000	3 177 000	2 721 000	2 268 000
Total Equity	756 000	739 000	536 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 307 000	5 711 000	5 386 000	4 800 000
Expenditure	5 267 000	5 436 000	5 078 000	4 749 000
Operating Profit	40 000	276 000	308 000	52 000
Financial Income	0	0	0	0
Financial Costs	18 000	15 000	32 000	41 000
Financial Balance	−18 000	−15 000	−32 000	−41 000
Earnings Before Tax	21 000	261 000	276 000	11 000
Tax	5 000	57 000	61 000	2 000
Net Income	17 000	204 000	215 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	506 000	102 000	184 000	337 000
Total Current Assets	2 698 000	3 075 000	2 537 000	1 931 000
Total Assets	3 204 000	3 177 000	2 721 000	2 268 000
Total Retained Equity	336 000	319 000	115 000	−100 000
Total Equity	756 000	739 000	536 000	321 000
Total Long-Term Debt	24 000	160 000	291 000	394 000
Total Current Debt	2 424 000	2 277 000	1 895 000	1 553 000
Total Equity and Debt	3 204 000	3 177 000	2 721 000	2 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 307 000	5 711 000	5 369 000	4 800 000
Other Income	0	0	17 000	0
Revenue	5 307 000	5 711 000	5 386 000	4 800 000
Cost of Goods Sold	2 930 000	3 039 000	2 913 000	2 660 000
Salary Costs	1 000 000	963 000	890 000	942 000
Depreciation	88 000	161 000	146 000	145 000
Impairment	0	0	0	0
Expenditure	5 267 000	5 436 000	5 078 000	4 749 000
Operating Profit	40 000	276 000	308 000	52 000
Financial Income	0	0	0	0
Financial Costs	18 000	15 000	32 000	41 000
Financial Balance	−18 000	−15 000	−32 000	−41 000
Dividends	0	0	0	0
Net Income	17 000	204 000	215 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	7 000	7 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	503 000	94 000	177 000	302 000
Total Tangible Assets	503 000	94 000	177 000	302 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	506 000	102 000	184 000	337 000
Stock	1 588 000	1 491 000	1 245 000	1 240 000
Total Investments	0	0	0	0
Cash, Bank	687 000	1 474 000	1 599 000	602 000
Total Current Assets	2 698 000	3 075 000	2 537 000	1 931 000
Total Assets	3 204 000	3 177 000	2 721 000	2 268 000
Total Equity	756 000	739 000	536 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	160 000	291 000	394 000
Creditors	1 436 000	1 125 000	1 246 000	1 066 000
Unpaid Taxes	281 000	341 000	320 000	269 000
Dividends	0	0	0	0
Other Current Debt	707 000	754 000	295 000	218 000
Total Current Debt	2 424 000	2 277 000	1 895 000	1 553 000
Total Equity and Debt	3 204 000	3 177 000	2 721 000	2 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,25 %	27,6 %	40,11 %	2,49 %
Debt-to-Equity Ratio	0,03	0,22	0,54	1,23
Operating Profit Margin	0,75 %	4,83 %	5,72 %	1,08 %
Current Ratio	1,11	1,35	1,34	1,24
Quick Ratio	3,23	3,91	3,9	6,17
Equity Ratio	0,24	0,23	0,2	0,14
Gross Profit Margin	44,79 %	46,79 %	45,92 %	44,58 %