NORWEED AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

130,23 %

Current Ratio

14,61

Debt-to-Equity Ratio

9,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 191 000	1 951 000	1 958 000	2 091 000
Net Income	224 000	231 000	−152 000	−41 000
Total Assets	2 016 000	1 669 000	1 503 000	1 696 000
Total Equity	172 000	−52 000	−282 000	−131 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 191 000	1 951 000	1 958 000	2 091 000
Expenditure	1 005 000	1 718 000	2 078 000	2 115 000
Operating Profit	186 000	233 000	−120 000	−23 000
Financial Income	68 000	0	4 000	24 000
Financial Costs	0	2 000	35 000	42 000
Financial Balance	68 000	−2 000	−31 000	−18 000
Earnings Before Tax	254 000	231 000	−152 000	−41 000
Tax	30 000	0	0	0
Net Income	224 000	231 000	−152 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	2 016 000	1 669 000	1 503 000	1 679 000
Total Assets	2 016 000	1 669 000	1 503 000	1 696 000
Total Retained Equity	142 000	−82 000	−312 000	−161 000
Total Equity	172 000	−52 000	−282 000	−131 000
Total Long-Term Debt	1 706 000	1 612 000	1 629 000	1 639 000
Total Current Debt	138 000	109 000	157 000	187 000
Total Equity and Debt	2 016 000	1 669 000	1 503 000	1 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 191 000	1 951 000	1 958 000	2 091 000
Other Income	0	0	0	0
Revenue	1 191 000	1 951 000	1 958 000	2 091 000
Cost of Goods Sold	957 000	1 681 000	2 031 000	1 963 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 005 000	1 718 000	2 078 000	2 115 000
Operating Profit	186 000	233 000	−120 000	−23 000
Financial Income	68 000	0	4 000	24 000
Financial Costs	0	2 000	35 000	42 000
Financial Balance	68 000	−2 000	−31 000	−18 000
Dividends	0	0	0	0
Net Income	224 000	231 000	−152 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	17 000
Total Fixed Assets	0	0	0	17 000
Stock	0	0	491 000	1 040 000
Total Investments	0	0	0	0
Cash, Bank	1 929 000	1 667 000	767 000	287 000
Total Current Assets	2 016 000	1 669 000	1 503 000	1 679 000
Total Assets	2 016 000	1 669 000	1 503 000	1 696 000
Total Equity	172 000	−52 000	−282 000	−131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 706 000	1 612 000	1 629 000	1 639 000
Creditors	5 000	6 000	54 000	87 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	103 000	103 000	103 000	100 000
Total Current Debt	138 000	109 000	157 000	187 000
Total Equity and Debt	2 016 000	1 669 000	1 503 000	1 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,23 %	−444,23 %	53,9 %	31,3 %
Debt-to-Equity Ratio	9,92	−31	−5,78	−12,51
Operating Profit Margin	15,62 %	11,94 %	−6,13 %	−1,1 %
Current Ratio	14,61	15,31	9,57	8,98
Quick Ratio	14,61	15,31	−4,5	−1,97
Equity Ratio	0,09	−0,03	−0,19	−0,08
Gross Profit Margin	19,65 %	13,84 %	−3,73 %	6,12 %