NORENCO HOLDING AS

3057 SOLBERGELVA

Finances

Return on Equity

0,21 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	37 000	−7 000	−7 000	−7 000
Total Assets	24 182 000	17 849 000	63 000	19 000
Total Equity	17 886 000	17 849 000	9 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	10 000	7 000	7 000	7 000
Operating Profit	−10 000	−7 000	−7 000	−7 000
Financial Income	275 000	0	0	0
Financial Costs	217 000	0	0	0
Financial Balance	58 000	0	0	0
Earnings Before Tax	48 000	−7 000	−7 000	−7 000
Tax	11 000	0	0	0
Net Income	37 000	−7 000	−7 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 816 000	17 846 000	60 000	0
Total Current Assets	366 000	3 000	3 000	19 000
Total Assets	24 182 000	17 849 000	63 000	19 000
Total Retained Equity	9 000	−27 000	−14 000	−7 000
Total Equity	17 886 000	17 849 000	9 000	16 000
Total Long-Term Debt	4 002 000	0	0	0
Total Current Debt	2 294 000	0	54 000	4 000
Total Equity and Debt	24 182 000	17 849 000	63 000	19 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	7 000	7 000	7 000
Operating Profit	−10 000	−7 000	−7 000	−7 000
Financial Income	275 000	0	0	0
Financial Costs	217 000	0	0	0
Financial Balance	58 000	0	0	0
Dividends	0	0	0	0
Net Income	37 000	−7 000	−7 000	−7 000

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	23 816 000	17 846 000	60 000	0
Total Fixed Assets	23 816 000	17 846 000	60 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	91 000	3 000	3 000	19 000
Total Current Assets	366 000	3 000	3 000	19 000
Total Assets	24 182 000	17 849 000	63 000	19 000
Total Equity	17 886 000	17 849 000	9 000	16 000
Short-Term Group Debt	2 276 000	0	0	0
Total Long-Term Debt	4 002 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	0	54 000	4 000
Total Current Debt	2 294 000	0	54 000	4 000
Total Equity and Debt	24 182 000	17 849 000	63 000	19 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,21 %	−0,04 %	−77,78 %	−43,75 %
Debt-to-Equity Ratio	0,22	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,16	-	0,06	4,75
Quick Ratio	0,16	-	0,06	4,75
Equity Ratio	0,74	1	0,14	0,84
Gross Profit Margin	-	-	-	-