NORFASS AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−5,49 %

Current Ratio

−285

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	1 408 000	1 317 000	3 009 000
Net Income	−92 000	235 000	−334 000	182 000
Total Assets	1 673 000	2 250 000	2 057 000	3 893 000
Total Equity	1 676 000	2 218 000	1 983 000	2 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	1 408 000	1 317 000	3 009 000
Expenditure	75 000	1 168 000	1 610 000	2 745 000
Operating Profit	−72 000	240 000	−293 000	264 000
Financial Income	11 000	3 000	8 000	10 000
Financial Costs	42 000	8 000	49 000	42 000
Financial Balance	−31 000	−5 000	−41 000	−32 000
Earnings Before Tax	−102 000	235 000	−334 000	231 000
Tax	−11 000	0	0	49 000
Net Income	−92 000	235 000	−334 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	818 000	193 000	1 768 000	2 767 000
Total Current Assets	855 000	2 057 000	289 000	1 127 000
Total Assets	1 673 000	2 250 000	2 057 000	3 893 000
Total Retained Equity	1 576 000	2 118 000	1 883 000	2 217 000
Total Equity	1 676 000	2 218 000	1 983 000	2 317 000
Total Long-Term Debt	0	11 000	11 000	1 336 000
Total Current Debt	−3 000	21 000	64 000	241 000
Total Equity and Debt	1 673 000	2 250 000	2 057 000	3 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	1 408 000	1 061 000	3 184 000
Other Income	0	0	255 000	−175 000
Revenue	4 000	1 408 000	1 317 000	3 009 000
Cost of Goods Sold	0	1 107 000	989 000	1 846 000
Salary Costs	0	0	438 000	612 000
Depreciation	15 000	0	0	17 000
Impairment	0	0	0	12 000
Expenditure	75 000	1 168 000	1 610 000	2 745 000
Operating Profit	−72 000	240 000	−293 000	264 000
Financial Income	11 000	3 000	8 000	10 000
Financial Costs	42 000	8 000	49 000	42 000
Financial Balance	−31 000	−5 000	−41 000	−32 000
Dividends	450 000	0	0	0
Net Income	−92 000	235 000	−334 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	754 000	0	0	2 632 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	754 000	0	0	2 632 000
Total Fiancial Fixed Assets	65 000	193 000	1 768 000	135 000
Total Fixed Assets	818 000	193 000	1 768 000	2 767 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	809 000	1 851 000	236 000	957 000
Total Current Assets	855 000	2 057 000	289 000	1 127 000
Total Assets	1 673 000	2 250 000	2 057 000	3 893 000
Total Equity	1 676 000	2 218 000	1 983 000	2 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	11 000	1 336 000
Creditors	−3 000	11 000	6 000	−10 000
Unpaid Taxes	0	0	6 000	121 000
Dividends	450 000	0	0	0
Other Current Debt	0	10 000	51 000	91 000
Total Current Debt	−3 000	21 000	64 000	241 000
Total Equity and Debt	1 673 000	2 250 000	2 057 000	3 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,49 %	10,6 %	−16,84 %	7,85 %
Debt-to-Equity Ratio	0	0	0,01	0,58
Operating Profit Margin	−1 800 %	17,05 %	−22,25 %	8,77 %
Current Ratio	−285	97,95	4,52	4,68
Quick Ratio	−285	97,95	4,52	4,68
Equity Ratio	1	0,99	0,96	0,6
Gross Profit Margin	100 %	21,38 %	24,91 %	38,65 %