NORSEGEAR AS

1400 SKI

Finances

Share Ownership

Return on Equity

1,73 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 201 000	30 940 000	32 236 000	24 023 000
Net Income	225 000	2 082 000	2 406 000	1 735 000
Total Assets	20 146 000	18 574 000	17 459 000	13 848 000
Total Equity	12 975 000	12 825 000	10 743 000	8 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 201 000	30 940 000	32 236 000	24 023 000
Expenditure	42 806 000	28 172 000	29 087 000	21 663 000
Operating Profit	394 000	2 769 000	3 148 000	2 360 000
Financial Income	99 000	89 000	169 000	13 000
Financial Costs	204 000	189 000	233 000	149 000
Financial Balance	−105 000	−100 000	−64 000	−136 000
Earnings Before Tax	289 000	2 669 000	3 084 000	2 224 000
Tax	63 000	587 000	679 000	489 000
Net Income	225 000	2 082 000	2 406 000	1 735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	430 000	457 000	321 000
Total Current Assets	19 717 000	18 144 000	17 003 000	13 527 000
Total Assets	20 146 000	18 574 000	17 459 000	13 848 000
Total Retained Equity	7 176 000	7 026 000	4 944 000	2 539 000
Total Equity	12 975 000	12 825 000	10 743 000	8 338 000
Total Long-Term Debt	0	624 000	1 332 000	2 257 000
Total Current Debt	7 171 000	5 125 000	5 384 000	3 254 000
Total Equity and Debt	20 146 000	18 574 000	17 459 000	13 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 099 000	30 909 000	31 589 000	23 441 000
Other Income	102 000	32 000	646 000	582 000
Revenue	43 201 000	30 940 000	32 236 000	24 023 000
Cost of Goods Sold	28 662 000	18 867 000	20 771 000	14 682 000
Salary Costs	7 309 000	5 227 000	4 895 000	3 957 000
Depreciation	63 000	131 000	101 000	78 000
Impairment	0	0	0	0
Expenditure	42 806 000	28 172 000	29 087 000	21 663 000
Operating Profit	394 000	2 769 000	3 148 000	2 360 000
Financial Income	99 000	89 000	169 000	13 000
Financial Costs	204 000	189 000	233 000	149 000
Financial Balance	−105 000	−100 000	−64 000	−136 000
Dividends	75 000	0	0	0
Net Income	225 000	2 082 000	2 406 000	1 735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	304 000	242 000	169 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	125 000	189 000	288 000	217 000
Fixtures	0	0	0	0
Total Tangible Assets	125 000	189 000	288 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	429 000	430 000	457 000	321 000
Stock	11 649 000	11 896 000	11 767 000	11 177 000
Total Investments	0	0	0	0
Cash, Bank	6 561 000	5 033 000	3 804 000	1 189 000
Total Current Assets	19 717 000	18 144 000	17 003 000	13 527 000
Total Assets	20 146 000	18 574 000	17 459 000	13 848 000
Total Equity	12 975 000	12 825 000	10 743 000	8 338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	624 000	1 332 000	2 257 000
Creditors	2 938 000	2 293 000	2 286 000	1 044 000
Unpaid Taxes	1 630 000	963 000	1 077 000	867 000
Dividends	75 000	0	0	0
Other Current Debt	2 403 000	1 209 000	1 278 000	749 000
Total Current Debt	7 171 000	5 125 000	5 384 000	3 254 000
Total Equity and Debt	20 146 000	18 574 000	17 459 000	13 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,73 %	16,23 %	22,4 %	20,81 %
Debt-to-Equity Ratio	0	0,05	0,12	0,27
Operating Profit Margin	0,91 %	8,95 %	9,77 %	9,82 %
Current Ratio	2,75	3,54	3,16	4,16
Quick Ratio	−4,4	−2,68	−2,66	−1,71
Equity Ratio	0,64	0,69	0,62	0,6
Gross Profit Margin	33,65 %	39,02 %	35,57 %	38,88 %