ING NORSTED AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

211,03 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 598 000	1 948 000	2 328 000	2 114 000
Net Income	899 000	380 000	422 000	410 000
Total Assets	1 905 000	1 618 000	1 432 000	1 528 000
Total Equity	426 000	427 000	647 000	625 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 598 000	1 948 000	2 328 000	2 114 000
Expenditure	1 447 000	1 463 000	1 751 000	1 572 000
Operating Profit	1 151 000	487 000	576 000	542 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	51 000	0
Financial Balance	2 000	0	−51 000	1 000
Earnings Before Tax	1 153 000	487 000	526 000	542 000
Tax	254 000	107 000	104 000	132 000
Net Income	899 000	380 000	422 000	410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	490 000	592 000	157 000
Total Current Assets	1 884 000	1 128 000	840 000	1 371 000
Total Assets	1 905 000	1 618 000	1 432 000	1 528 000
Total Retained Equity	326 000	327 000	547 000	525 000
Total Equity	426 000	427 000	647 000	625 000
Total Long-Term Debt	30 000	13 000	19 000	0
Total Current Debt	1 450 000	1 179 000	766 000	903 000
Total Equity and Debt	1 905 000	1 618 000	1 432 000	1 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 459 000	1 948 000	2 078 000	2 114 000
Other Income	140 000	0	250 000	0
Revenue	2 598 000	1 948 000	2 328 000	2 114 000
Cost of Goods Sold	0	0	0	0
Salary Costs	970 000	910 000	923 000	927 000
Depreciation	18 000	135 000	185 000	107 000
Impairment	0	0	0	0
Expenditure	1 447 000	1 463 000	1 751 000	1 572 000
Operating Profit	1 151 000	487 000	576 000	542 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	51 000	0
Financial Balance	2 000	0	−51 000	1 000
Dividends	900 000	600 000	400 000	400 000
Net Income	899 000	380 000	422 000	410 000

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	22 000	490 000	592 000	107 000
Total Tangible Assets	22 000	490 000	592 000	107 000
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	22 000	490 000	592 000	157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 275 000	716 000	741 000	1 115 000
Total Current Assets	1 884 000	1 128 000	840 000	1 371 000
Total Assets	1 905 000	1 618 000	1 432 000	1 528 000
Total Equity	426 000	427 000	647 000	625 000
Short-Term Group Debt	0	0	0	11 000
Total Long-Term Debt	30 000	13 000	19 000	0
Creditors	31 000	87 000	59 000	76 000
Unpaid Taxes	196 000	128 000	121 000	101 000
Dividends	900 000	600 000	400 000	400 000
Other Current Debt	86 000	251 000	102 000	184 000
Total Current Debt	1 450 000	1 179 000	766 000	903 000
Total Equity and Debt	1 905 000	1 618 000	1 432 000	1 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	211,03 %	88,99 %	65,22 %	65,6 %
Debt-to-Equity Ratio	0,07	0,03	0,03	0
Operating Profit Margin	44,3 %	25 %	24,74 %	25,64 %
Current Ratio	1,3	0,96	1,1	1,52
Quick Ratio	1,3	0,96	1,1	1,52
Equity Ratio	0,22	0,26	0,45	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %