NOR-MET AS

4737 HORNNES

Finances

Share Ownership

Return on Equity

51,14 %

Current Ratio

0,07

Debt-to-Equity Ratio

−4,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	0	376 000	20 000
Net Income	−292 000	−10 000	108 000	−469 000
Total Assets	3 104 000	29 000	7 000	4 007 000
Total Equity	−571 000	−280 000	−270 000	−378 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	0	376 000	20 000
Expenditure	426 000	10 000	113 000	203 000
Operating Profit	−201 000	−10 000	264 000	−183 000
Financial Income	0	0	0	0
Financial Costs	90 000	0	156 000	245 000
Financial Balance	−90 000	0	−156 000	−245 000
Earnings Before Tax	−292 000	−10 000	108 000	−427 000
Tax	0	0	0	42 000
Net Income	−292 000	−10 000	108 000	−469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 026 000	0	0	3 992 000
Total Current Assets	78 000	29 000	7 000	15 000
Total Assets	3 104 000	29 000	7 000	4 007 000
Total Retained Equity	−689 000	−398 000	−388 000	−496 000
Total Equity	−571 000	−280 000	−270 000	−378 000
Total Long-Term Debt	2 529 000	0	0	4 146 000
Total Current Debt	1 146 000	309 000	277 000	239 000
Total Equity and Debt	3 104 000	29 000	7 000	4 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	225 000	0	376 000	20 000
Revenue	225 000	0	376 000	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	51 000	0	0	87 000
Impairment	0	0	0	0
Expenditure	426 000	10 000	113 000	203 000
Operating Profit	−201 000	−10 000	264 000	−183 000
Financial Income	0	0	0	0
Financial Costs	90 000	0	156 000	245 000
Financial Balance	−90 000	0	−156 000	−245 000
Dividends	0	0	0	0
Net Income	−292 000	−10 000	108 000	−469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 026 000	0	0	3 992 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 026 000	0	0	3 992 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 026 000	0	0	3 992 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	22 000	0	3 000
Total Current Assets	78 000	29 000	7 000	15 000
Total Assets	3 104 000	29 000	7 000	4 007 000
Total Equity	−571 000	−280 000	−270 000	−378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 529 000	0	0	4 146 000
Creditors	369 000	64 000	54 000	76 000
Unpaid Taxes	4 000	0	7 000	0
Dividends	0	0	0	0
Other Current Debt	772 000	245 000	216 000	163 000
Total Current Debt	1 146 000	309 000	277 000	239 000
Total Equity and Debt	3 104 000	29 000	7 000	4 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,14 %	3,57 %	−40 %	124,07 %
Debt-to-Equity Ratio	−4,43	−0	−0	−10,97
Operating Profit Margin	−89,33 %	-	70,21 %	−915 %
Current Ratio	0,07	0,09	0,03	0,06
Quick Ratio	0,07	0,09	0,03	0,06
Equity Ratio	−0,18	−9,66	−38,57	−0,09
Gross Profit Margin	100 %	-	100 %	100 %