NORENGROS HX AS

0661 OSLO

Finances

Share Ownership

Return on Equity

6,5 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 602 000	15 320 000	7 031 000	4 129 000
Net Income	157 000	15 000	−1 152 000	−2 605 000
Total Assets	5 097 000	6 100 000	5 377 000	2 913 000
Total Equity	2 416 000	2 259 000	2 244 000	1 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 602 000	15 320 000	7 031 000	4 129 000
Expenditure	15 369 000	15 280 000	8 468 000	7 426 000
Operating Profit	234 000	41 000	−1 437 000	−3 298 000
Financial Income	62 000	63 000	37 000	2 000
Financial Costs	91 000	84 000	76 000	45 000
Financial Balance	−29 000	−21 000	−39 000	−43 000
Earnings Before Tax	204 000	20 000	−1 476 000	−3 340 000
Tax	47 000	6 000	−325 000	−735 000
Net Income	157 000	15 000	−1 152 000	−2 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 608 000	2 021 000	1 745 000	1 555 000
Total Current Assets	3 489 000	4 079 000	3 633 000	1 357 000
Total Assets	5 097 000	6 100 000	5 377 000	2 913 000
Total Retained Equity	−584 000	−741 000	−3 757 000	−2 605 000
Total Equity	2 416 000	2 259 000	2 244 000	1 895 000
Total Long-Term Debt	708 000	850 000	0	0
Total Current Debt	1 973 000	2 992 000	3 133 000	1 018 000
Total Equity and Debt	5 097 000	6 100 000	5 377 000	2 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 460 000	15 274 000	7 031 000	4 129 000
Other Income	141 000	46 000	0	0
Revenue	15 602 000	15 320 000	7 031 000	4 129 000
Cost of Goods Sold	10 147 000	10 399 000	4 972 000	3 829 000
Salary Costs	3 169 000	2 765 000	1 334 000	1 656 000
Depreciation	136 000	171 000	172 000	28 000
Impairment	0	0	0	0
Expenditure	15 369 000	15 280 000	8 468 000	7 426 000
Operating Profit	234 000	41 000	−1 437 000	−3 298 000
Financial Income	62 000	63 000	37 000	2 000
Financial Costs	91 000	84 000	76 000	45 000
Financial Balance	−29 000	−21 000	−39 000	−43 000
Dividends	0	0	0	0
Net Income	157 000	15 000	−1 152 000	−2 605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 007 000	1 054 000	1 059 000	735 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	600 000	967 000	685 000	821 000
Total Tangible Assets	600 000	967 000	685 000	821 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 608 000	2 021 000	1 745 000	1 555 000
Stock	761 000	288 000	1 387 000	0
Total Investments	0	0	0	0
Cash, Bank	1 255 000	1 995 000	1 366 000	830 000
Total Current Assets	3 489 000	4 079 000	3 633 000	1 357 000
Total Assets	5 097 000	6 100 000	5 377 000	2 913 000
Total Equity	2 416 000	2 259 000	2 244 000	1 895 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	708 000	850 000	0	0
Creditors	623 000	1 104 000	1 026 000	146 000
Unpaid Taxes	993 000	1 028 000	530 000	169 000
Dividends	0	0	0	0
Other Current Debt	357 000	859 000	1 577 000	703 000
Total Current Debt	1 973 000	2 992 000	3 133 000	1 018 000
Total Equity and Debt	5 097 000	6 100 000	5 377 000	2 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,5 %	0,66 %	−51,34 %	−137,47 %
Debt-to-Equity Ratio	0,29	0,38	0	0
Operating Profit Margin	1,5 %	0,27 %	−20,44 %	−79,87 %
Current Ratio	1,77	1,36	1,16	1,33
Quick Ratio	2,88	1,51	2,08	1,33
Equity Ratio	0,47	0,37	0,42	0,65
Gross Profit Margin	34,96 %	32,12 %	29,28 %	7,27 %