NORES SA

0277 OSLO

Finances

Share Ownership

Return on Equity

38,19 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 717 000	31 160 000	32 624 000	38 412 000
Net Income	10 548 000	201 000	817 000	1 389 000
Total Assets	112 206 000	89 068 000	60 583 000	86 463 000
Total Equity	27 619 000	16 901 000	16 490 000	16 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 717 000	31 160 000	32 624 000	38 412 000
Expenditure	40 708 000	30 532 000	29 872 000	37 326 000
Operating Profit	2 010 000	627 000	2 751 000	1 086 000
Financial Income	10 230 000	198 000	8 000	645 000
Financial Costs	1 492 000	556 000	1 571 000	58 000
Financial Balance	8 738 000	−358 000	−1 563 000	587 000
Earnings Before Tax	10 748 000	270 000	1 187 000	1 674 000
Tax	201 000	69 000	370 000	285 000
Net Income	10 548 000	201 000	817 000	1 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 918 000	2 305 000	2 303 000	2 534 000
Total Current Assets	99 288 000	86 763 000	58 280 000	83 929 000
Total Assets	112 206 000	89 068 000	60 583 000	86 463 000
Total Retained Equity	23 139 000	12 591 000	12 390 000	12 390 000
Total Equity	27 619 000	16 901 000	16 490 000	16 200 000
Total Long-Term Debt	785 000	411 000	35 000	0
Total Current Debt	83 802 000	71 756 000	44 057 000	70 263 000
Total Equity and Debt	112 206 000	89 068 000	60 583 000	86 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 856 000	30 507 000	30 414 000	28 853 000
Other Income	7 861 000	653 000	2 210 000	9 560 000
Revenue	42 717 000	31 160 000	32 624 000	38 412 000
Cost of Goods Sold	7 654 000	213 000	1 649 000	8 380 000
Salary Costs	21 494 000	20 277 000	17 906 000	18 861 000
Depreciation	536 000	746 000	967 000	1 261 000
Impairment	0	0	0	0
Expenditure	40 708 000	30 532 000	29 872 000	37 326 000
Operating Profit	2 010 000	627 000	2 751 000	1 086 000
Financial Income	10 230 000	198 000	8 000	645 000
Financial Costs	1 492 000	556 000	1 571 000	58 000
Financial Balance	8 738 000	−358 000	−1 563 000	587 000
Dividends	0	0	817 000	0
Net Income	10 548 000	201 000	817 000	1 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	411 000	560 000	1 186 000	1 333 000
Total Intangible Assets	612 000	672 000	1 186 000	1 342 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	546 000	231 000	249 000	329 000
Total Tangible Assets	546 000	231 000	249 000	329 000
Total Fiancial Fixed Assets	11 760 000	1 401 000	868 000	863 000
Total Fixed Assets	12 918 000	2 305 000	2 303 000	2 534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 271 000	23 633 000	23 959 000	13 293 000
Total Current Assets	99 288 000	86 763 000	58 280 000	83 929 000
Total Assets	112 206 000	89 068 000	60 583 000	86 463 000
Total Equity	27 619 000	16 901 000	16 490 000	16 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	785 000	411 000	35 000	0
Creditors	909 000	607 000	760 000	808 000
Unpaid Taxes	2 179 000	2 800 000	2 754 000	2 532 000
Dividends	0	0	817 000	0
Other Current Debt	9 395 000	6 400 000	7 326 000	2 759 000
Total Current Debt	83 802 000	71 756 000	44 057 000	70 263 000
Total Equity and Debt	112 206 000	89 068 000	60 583 000	86 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,19 %	1,19 %	4,95 %	8,57 %
Debt-to-Equity Ratio	0,03	0,02	0	0
Operating Profit Margin	4,71 %	2,01 %	8,43 %	2,83 %
Current Ratio	1,18	1,21	1,32	1,19
Quick Ratio	1,18	1,21	1,32	1,19
Equity Ratio	0,25	0,19	0,27	0,19
Gross Profit Margin	82,08 %	99,32 %	94,95 %	78,18 %