NORVET AS

8820 DØNNA

Finances

Return on Equity

54,99 %

Current Ratio

2,97

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	157 739 000	4 178 000	3 917 000	3 701 000
Net Income	41 992 000	22 424 000	28 995 000	2 748 000
Total Assets	110 849 000	45 344 000	27 168 000	2 453 000
Total Equity	76 367 000	30 452 000	25 028 000	1 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	157 739 000	4 178 000	3 917 000	3 701 000
Expenditure	127 124 000	3 471 000	3 474 000	2 618 000
Operating Profit	30 615 000	706 000	444 000	1 082 000
Financial Income	17 435 000	23 290 000	28 852 000	2 063 000
Financial Costs	100 000	1 246 000	10 000	144 000
Financial Balance	17 335 000	22 044 000	28 842 000	1 919 000
Earnings Before Tax	47 949 000	22 750 000	29 287 000	3 002 000
Tax	5 957 000	326 000	291 000	254 000
Net Income	41 992 000	22 424 000	28 995 000	2 748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 428 000	13 753 000	1 859 000	1 192 000
Total Current Assets	96 421 000	31 591 000	25 309 000	1 261 000
Total Assets	110 849 000	45 344 000	27 168 000	2 453 000
Total Retained Equity	70 843 000	30 352 000	24 928 000	1 432 000
Total Equity	76 367 000	30 452 000	25 028 000	1 532 000
Total Long-Term Debt	1 971 000	2 096 000	84 000	482 000
Total Current Debt	32 511 000	12 796 000	2 056 000	439 000
Total Equity and Debt	110 849 000	45 344 000	27 168 000	2 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	157 644 000	4 178 000	3 917 000	3 688 000
Other Income	95 000	0	0	13 000
Revenue	157 739 000	4 178 000	3 917 000	3 701 000
Cost of Goods Sold	124 662 000	1 781 000	1 932 000	1 577 000
Salary Costs	1 072 000	1 081 000	1 065 000	647 000
Depreciation	174 000	129 000	95 000	33 000
Impairment	0	0	0	0
Expenditure	127 124 000	3 471 000	3 474 000	2 618 000
Operating Profit	30 615 000	706 000	444 000	1 082 000
Financial Income	17 435 000	23 290 000	28 852 000	2 063 000
Financial Costs	100 000	1 246 000	10 000	144 000
Financial Balance	17 335 000	22 044 000	28 842 000	1 919 000
Dividends	0	17 000 000	5 500 000	1 500 000
Net Income	41 992 000	22 424 000	28 995 000	2 748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 131 000	3 725 000	761 000	0
Machinery and Plant Facilities	1 000	263 000	12 000	23 000
Fixtures	1 127 000	804 000	888 000	972 000
Total Tangible Assets	5 258 000	4 792 000	1 661 000	995 000
Total Fiancial Fixed Assets	9 170 000	8 961 000	198 000	198 000
Total Fixed Assets	14 428 000	13 753 000	1 859 000	1 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 527 000	30 949 000	24 817 000	991 000
Total Current Assets	96 421 000	31 591 000	25 309 000	1 261 000
Total Assets	110 849 000	45 344 000	27 168 000	2 453 000
Total Equity	76 367 000	30 452 000	25 028 000	1 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 971 000	2 096 000	84 000	482 000
Creditors	6 995 000	267 000	11 000	1 000
Unpaid Taxes	4 260 000	83 000	158 000	149 000
Dividends	0	17 000 000	5 500 000	1 500 000
Other Current Debt	6 921 000	6 132 000	1 611 000	78 000
Total Current Debt	32 511 000	12 796 000	2 056 000	439 000
Total Equity and Debt	110 849 000	45 344 000	27 168 000	2 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,99 %	73,64 %	115,85 %	179,37 %
Debt-to-Equity Ratio	0,03	0,07	0	0,31
Operating Profit Margin	19,41 %	16,9 %	11,34 %	29,24 %
Current Ratio	2,97	2,47	12,31	2,87
Quick Ratio	2,97	2,47	12,31	2,87
Equity Ratio	0,69	0,67	0,92	0,62
Gross Profit Margin	20,97 %	57,37 %	50,68 %	57,39 %