NORNER AS

3920 PORSGRUNN

Finances

Return on Equity

0,02 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 334 000	118 330 000	98 337 000	95 016 000
Net Income	7 000	6 907 000	7 653 000	7 254 000
Total Assets	128 233 000	96 233 000	77 615 000	61 783 000
Total Equity	34 485 000	34 478 000	18 711 000	17 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 334 000	118 330 000	98 337 000	95 016 000
Expenditure	127 237 000	102 789 000	88 118 000	85 738 000
Operating Profit	2 097 000	15 541 000	10 219 000	9 278 000
Financial Income	255 000	98 000	355 000	74 000
Financial Costs	2 139 000	5 638 000	851 000	542 000
Financial Balance	−1 884 000	−5 540 000	−496 000	−468 000
Earnings Before Tax	212 000	10 002 000	9 723 000	8 810 000
Tax	205 000	3 095 000	2 070 000	1 556 000
Net Income	7 000	6 907 000	7 653 000	7 254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 647 000	45 004 000	27 877 000	23 770 000
Total Current Assets	63 586 000	51 229 000	49 738 000	38 013 000
Total Assets	128 233 000	96 233 000	77 615 000	61 783 000
Total Retained Equity	20 327 000	20 320 000	4 552 000	3 504 000
Total Equity	34 485 000	34 478 000	18 711 000	17 662 000
Total Long-Term Debt	691 000	486 000	838 000	631 000
Total Current Debt	93 056 000	61 269 000	58 067 000	43 491 000
Total Equity and Debt	128 233 000	96 233 000	77 615 000	61 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 318 000	118 330 000	98 337 000	95 016 000
Other Income	16 000	0	0	0
Revenue	129 334 000	118 330 000	98 337 000	95 016 000
Cost of Goods Sold	14 752 000	9 357 000	12 297 000	14 510 000
Salary Costs	70 981 000	64 171 000	52 150 000	49 111 000
Depreciation	3 738 000	3 318 000	3 201 000	2 962 000
Impairment	0	0	0	0
Expenditure	127 237 000	102 789 000	88 118 000	85 738 000
Operating Profit	2 097 000	15 541 000	10 219 000	9 278 000
Financial Income	255 000	98 000	355 000	74 000
Financial Costs	2 139 000	5 638 000	851 000	542 000
Financial Balance	−1 884 000	−5 540 000	−496 000	−468 000
Dividends	0	0	0	0
Net Income	7 000	6 907 000	7 653 000	7 254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 120 000	5 500 000	2 280 000	2 660 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	47 059 000	36 262 000	22 288 000	19 820 000
Fixtures	10 368 000	1 142 000	1 209 000	1 291 000
Total Tangible Assets	57 427 000	37 404 000	23 497 000	21 110 000
Total Fiancial Fixed Assets	2 100 000	2 100 000	2 100 000	0
Total Fixed Assets	64 647 000	45 004 000	27 877 000	23 770 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 488 000	16 347 000	16 281 000	3 475 000
Total Current Assets	63 586 000	51 229 000	49 738 000	38 013 000
Total Assets	128 233 000	96 233 000	77 615 000	61 783 000
Total Equity	34 485 000	34 478 000	18 711 000	17 662 000
Short-Term Group Debt	20 342 000	18 517 000	24 240 000	23 109 000
Total Long-Term Debt	691 000	486 000	838 000	631 000
Creditors	10 215 000	11 768 000	3 631 000	4 757 000
Unpaid Taxes	3 125 000	4 982 000	3 608 000	3 095 000
Dividends	0	0	0	0
Other Current Debt	58 829 000	26 001 000	26 587 000	12 530 000
Total Current Debt	93 056 000	61 269 000	58 067 000	43 491 000
Total Equity and Debt	128 233 000	96 233 000	77 615 000	61 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,02 %	20,03 %	40,9 %	41,07 %
Debt-to-Equity Ratio	0,02	0,01	0,04	0,04
Operating Profit Margin	1,62 %	13,13 %	10,39 %	9,76 %
Current Ratio	0,68	0,84	0,86	0,87
Quick Ratio	0,68	0,84	0,86	0,87
Equity Ratio	0,27	0,36	0,24	0,29
Gross Profit Margin	88,59 %	92,09 %	87,5 %	84,73 %