VISIT NARVIK AS

8514 NARVIK

Finances

Return on Equity

6,82 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 936 000	11 609 000	12 397 000	7 310 000
Net Income	180 000	498 000	1 664 000	−660 000
Total Assets	4 975 000	4 552 000	3 287 000	2 811 000
Total Equity	2 639 000	2 459 000	1 961 000	296 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 936 000	11 609 000	12 397 000	7 310 000
Expenditure	13 749 000	11 067 000	10 727 000	7 963 000
Operating Profit	187 000	542 000	1 670 000	−653 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	9 000	46 000	9 000	8 000
Financial Balance	−7 000	−44 000	−6 000	−7 000
Earnings Before Tax	180 000	498 000	1 664 000	−660 000
Tax	0	0	0	0
Net Income	180 000	498 000	1 664 000	−660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	356 000	235 000	271 000
Total Current Assets	4 545 000	4 196 000	3 053 000	2 540 000
Total Assets	4 975 000	4 552 000	3 287 000	2 811 000
Total Retained Equity	−610 000	−790 000	−6 275 000	−7 939 000
Total Equity	2 639 000	2 459 000	1 961 000	296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 337 000	2 094 000	1 327 000	2 515 000
Total Equity and Debt	4 975 000	4 552 000	3 287 000	2 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 879 000	7 385 000	9 021 000	6 290 000
Other Income	5 057 000	4 224 000	3 376 000	1 020 000
Revenue	13 936 000	11 609 000	12 397 000	7 310 000
Cost of Goods Sold	1 845 000	1 520 000	3 633 000	2 131 000
Salary Costs	4 448 000	4 041 000	4 098 000	3 604 000
Depreciation	119 000	92 000	91 000	96 000
Impairment	0	0	0	0
Expenditure	13 749 000	11 067 000	10 727 000	7 963 000
Operating Profit	187 000	542 000	1 670 000	−653 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	9 000	46 000	9 000	8 000
Financial Balance	−7 000	−44 000	−6 000	−7 000
Dividends	0	0	0	0
Net Income	180 000	498 000	1 664 000	−660 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	274 000	349 000	188 000	199 000
Total Tangible Assets	274 000	349 000	188 000	199 000
Total Fiancial Fixed Assets	156 000	6 000	46 000	40 000
Total Fixed Assets	430 000	356 000	235 000	271 000
Stock	418 000	437 000	334 000	129 000
Total Investments	0	0	0	0
Cash, Bank	1 598 000	1 881 000	1 372 000	1 105 000
Total Current Assets	4 545 000	4 196 000	3 053 000	2 540 000
Total Assets	4 975 000	4 552 000	3 287 000	2 811 000
Total Equity	2 639 000	2 459 000	1 961 000	296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 244 000	731 000	470 000	1 048 000
Unpaid Taxes	199 000	240 000	251 000	246 000
Dividends	0	0	0	0
Other Current Debt	894 000	1 123 000	606 000	1 221 000
Total Current Debt	2 337 000	2 094 000	1 327 000	2 515 000
Total Equity and Debt	4 975 000	4 552 000	3 287 000	2 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,82 %	20,25 %	84,85 %	−222,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,34 %	4,67 %	13,47 %	−8,93 %
Current Ratio	1,94	2	2,3	1,01
Quick Ratio	2,37	2,53	3,07	1,06
Equity Ratio	0,53	0,54	0,6	0,11
Gross Profit Margin	86,76 %	86,91 %	70,69 %	70,85 %