NORAND AS

7052 TRONDHEIM

Finances

Return on Equity

155,17 %

Current Ratio

62,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	38 461 000	16 199 000	13 362 000	7 123 000
Total Assets	25 137 000	16 451 000	15 212 000	10 568 000
Total Equity	24 787 000	16 325 000	15 126 000	10 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	351 000	28 000	16 000	13 000
Operating Profit	−351 000	−28 000	−16 000	−13 000
Financial Income	39 289 000	16 346 000	16 453 000	7 191 000
Financial Costs	151 000	0	2 989 000	0
Financial Balance	39 138 000	16 346 000	13 464 000	7 191 000
Earnings Before Tax	38 787 000	16 318 000	13 448 000	7 177 000
Tax	325 000	119 000	85 000	54 000
Net Income	38 461 000	16 199 000	13 362 000	7 123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 318 000	3 136 000	3 110 000	5 743 000
Total Current Assets	21 819 000	13 314 000	12 102 000	4 824 000
Total Assets	25 137 000	16 451 000	15 212 000	10 568 000
Total Retained Equity	24 669 000	16 208 000	15 009 000	10 396 000
Total Equity	24 787 000	16 325 000	15 126 000	10 514 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	350 000	125 000	85 000	54 000
Total Equity and Debt	25 137 000	16 451 000	15 212 000	10 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	351 000	28 000	16 000	13 000
Operating Profit	−351 000	−28 000	−16 000	−13 000
Financial Income	39 289 000	16 346 000	16 453 000	7 191 000
Financial Costs	151 000	0	2 989 000	0
Financial Balance	39 138 000	16 346 000	13 464 000	7 191 000
Dividends	0	0	0	0
Net Income	38 461 000	16 199 000	13 362 000	7 123 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 318 000	3 136 000	3 110 000	5 743 000
Total Fixed Assets	3 318 000	3 136 000	3 110 000	5 743 000
Stock	0	0	0	0
Total Investments	1 489 000	1 640 000	0	1 790 000
Cash, Bank	20 314 000	11 659 000	12 086 000	2 886 000
Total Current Assets	21 819 000	13 314 000	12 102 000	4 824 000
Total Assets	25 137 000	16 451 000	15 212 000	10 568 000
Total Equity	24 787 000	16 325 000	15 126 000	10 514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	6 000	0	0
Total Current Debt	350 000	125 000	85 000	54 000
Total Equity and Debt	25 137 000	16 451 000	15 212 000	10 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,17 %	99,23 %	88,34 %	67,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	62,34	106,51	142,38	89,33
Quick Ratio	62,34	106,51	142,38	89,33
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	-	-	-	-