NORFRAG TANK OG SILO AS

3680 NOTODDEN

Finances

Share Ownership

Return on Equity

14,59 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	96 000	117 000	362 000
Net Income	−178 000	−182 000	−280 000	−152 000
Total Assets	1 406 000	1 237 000	1 182 000	1 325 000
Total Equity	−1 220 000	−1 042 000	−860 000	−580 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	96 000	117 000	362 000
Expenditure	614 000	359 000	375 000	446 000
Operating Profit	−178 000	−182 000	−280 000	−151 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−178 000	−182 000	−280 000	−152 000
Tax	0	0	0	0
Net Income	−178 000	−182 000	−280 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	547 000	562 000	633 000
Total Current Assets	875 000	690 000	620 000	692 000
Total Assets	1 406 000	1 237 000	1 182 000	1 325 000
Total Retained Equity	−1 320 000	−1 142 000	−960 000	−680 000
Total Equity	−1 220 000	−1 042 000	−860 000	−580 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 625 000	2 279 000	2 042 000	1 905 000
Total Equity and Debt	1 406 000	1 237 000	1 182 000	1 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	408 000	96 000	117 000	359 000
Other Income	28 000	0	0	3 000
Revenue	436 000	96 000	117 000	362 000
Cost of Goods Sold	185 000	14 000	31 000	36 000
Salary Costs	0	0	0	0
Depreciation	16 000	16 000	71 000	71 000
Impairment	0	0	0	0
Expenditure	614 000	359 000	375 000	446 000
Operating Profit	−178 000	−182 000	−280 000	−151 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−178 000	−182 000	−280 000	−152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	449 000	449 000	449 000	449 000
Machinery and Plant Facilities	73 000	84 000	95 000	106 000
Fixtures	9 000	14 000	18 000	78 000
Total Tangible Assets	531 000	547 000	562 000	633 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	531 000	547 000	562 000	633 000
Stock	423 000	378 000	298 000	320 000
Total Investments	0	0	0	0
Cash, Bank	120 000	3 000	1 000	1 000
Total Current Assets	875 000	690 000	620 000	692 000
Total Assets	1 406 000	1 237 000	1 182 000	1 325 000
Total Equity	−1 220 000	−1 042 000	−860 000	−580 000
Short-Term Group Debt	1 762 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−11 000	18 000	−32 000	159 000
Unpaid Taxes	0	−10 000	−9 000	−22 000
Dividends	0	0	0	0
Other Current Debt	874 000	2 270 000	2 083 000	1 768 000
Total Current Debt	2 625 000	2 279 000	2 042 000	1 905 000
Total Equity and Debt	1 406 000	1 237 000	1 182 000	1 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,59 %	17,47 %	32,56 %	26,21 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−40,83 %	−189,58 %	−239,32 %	−41,71 %
Current Ratio	0,33	0,3	0,3	0,36
Quick Ratio	0,4	0,36	0,36	0,44
Equity Ratio	−0,87	−0,84	−0,73	−0,44
Gross Profit Margin	57,57 %	85,42 %	73,5 %	90,06 %