NORSK EDELMETALLRAFFINERING AS

1400 SKI

Finances

Share Ownership

Return on Equity

25,05 %

Current Ratio

6,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 892 000	79 321 000	115 691 000	78 551 000
Net Income	5 675 000	2 704 000	7 410 000	5 099 000
Total Assets	26 417 000	22 975 000	23 116 000	14 717 000
Total Equity	22 653 000	17 953 000	15 795 000	9 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 892 000	79 321 000	115 691 000	78 551 000
Expenditure	90 767 000	75 680 000	105 882 000	71 712 000
Operating Profit	7 126 000	3 640 000	9 809 000	6 838 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	207 000	175 000	308 000	303 000
Financial Balance	−203 000	−173 000	−306 000	−301 000
Earnings Before Tax	6 923 000	3 467 000	9 503 000	6 537 000
Tax	1 248 000	763 000	2 093 000	1 438 000
Net Income	5 675 000	2 704 000	7 410 000	5 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	168 000	196 000	232 000
Total Current Assets	26 257 000	22 807 000	22 920 000	14 484 000
Total Assets	26 417 000	22 975 000	23 116 000	14 717 000
Total Retained Equity	22 553 000	17 853 000	15 695 000	9 064 000
Total Equity	22 653 000	17 953 000	15 795 000	9 164 000
Total Long-Term Debt	0	0	890 000	1 944 000
Total Current Debt	3 764 000	5 022 000	6 431 000	3 608 000
Total Equity and Debt	26 417 000	22 975 000	23 116 000	14 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 370 000	79 320 000	115 691 000	78 551 000
Other Income	521 000	1 000	0	0
Revenue	97 892 000	79 321 000	115 691 000	78 551 000
Cost of Goods Sold	86 278 000	71 407 000	102 043 000	67 364 000
Salary Costs	2 931 000	3 634 000	3 067 000	3 291 000
Depreciation	29 000	30 000	37 000	3 000
Impairment	0	0	0	0
Expenditure	90 767 000	75 680 000	105 882 000	71 712 000
Operating Profit	7 126 000	3 640 000	9 809 000	6 838 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	207 000	175 000	308 000	303 000
Financial Balance	−203 000	−173 000	−306 000	−301 000
Dividends	0	0	0	0
Net Income	5 675 000	2 704 000	7 410 000	5 099 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	17 000	16 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	142 000	151 000	181 000	218 000
Total Tangible Assets	142 000	151 000	181 000	218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	168 000	196 000	232 000
Stock	12 652 000	11 683 000	9 399 000	8 218 000
Total Investments	0	0	0	0
Cash, Bank	4 088 000	2 658 000	2 958 000	1 078 000
Total Current Assets	26 257 000	22 807 000	22 920 000	14 484 000
Total Assets	26 417 000	22 975 000	23 116 000	14 717 000
Total Equity	22 653 000	17 953 000	15 795 000	9 164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	890 000	1 944 000
Creditors	1 029 000	1 456 000	1 888 000	1 216 000
Unpaid Taxes	185 000	176 000	251 000	239 000
Dividends	0	0	0	0
Other Current Debt	1 575 000	2 780 000	2 418 000	788 000
Total Current Debt	3 764 000	5 022 000	6 431 000	3 608 000
Total Equity and Debt	26 417 000	22 975 000	23 116 000	14 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,05 %	15,06 %	46,91 %	55,64 %
Debt-to-Equity Ratio	0	0	0,06	0,21
Operating Profit Margin	7,28 %	4,59 %	8,48 %	8,71 %
Current Ratio	6,98	4,54	3,56	4,01
Quick Ratio	−2,95	−3,42	−7,72	−3,14
Equity Ratio	0,86	0,78	0,68	0,62
Gross Profit Margin	11,86 %	9,98 %	11,8 %	14,24 %