NORION BANK AB, NORGE FILIAL

0277 OSLO

Finances

Share Ownership

Return on Equity

16,22 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 671 000	26 079 000	22 989 000	25 002 000
Net Income	1 225 000	1 422 000	958 000	831 000
Total Assets	13 994 000	12 978 000	9 167 000	33 629 000
Total Equity	7 553 000	6 328 000	4 907 000	3 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 671 000	26 079 000	22 989 000	25 002 000
Expenditure	27 048 000	24 373 000	21 532 000	23 899 000
Operating Profit	1 623 000	1 706 000	1 455 000	1 103 000
Financial Income	46 000	3 000	15 000	45 000
Financial Costs	1 000	0	0	6 000
Financial Balance	45 000	3 000	15 000	39 000
Earnings Before Tax	1 668 000	1 709 000	1 470 000	1 143 000
Tax	443 000	287 000	512 000	312 000
Net Income	1 225 000	1 422 000	958 000	831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	450 000	878 000	775 000	711 000
Total Current Assets	13 543 000	12 101 000	8 392 000	32 917 000
Total Assets	13 994 000	12 978 000	9 167 000	33 629 000
Total Retained Equity	7 553 000	6 328 000	4 907 000	3 949 000
Total Equity	7 553 000	6 328 000	4 907 000	3 949 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 440 000	6 650 000	4 261 000	29 680 000
Total Equity and Debt	13 994 000	12 978 000	9 167 000	33 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 671 000	26 079 000	22 989 000	25 002 000
Other Income	0	0	0	0
Revenue	28 671 000	26 079 000	22 989 000	25 002 000
Cost of Goods Sold	0	0	12 000	132 000
Salary Costs	18 414 000	17 126 000	16 440 000	17 108 000
Depreciation	110 000	109 000	86 000	93 000
Impairment	0	0	0	0
Expenditure	27 048 000	24 373 000	21 532 000	23 899 000
Operating Profit	1 623 000	1 706 000	1 455 000	1 103 000
Financial Income	46 000	3 000	15 000	45 000
Financial Costs	1 000	0	0	6 000
Financial Balance	45 000	3 000	15 000	39 000
Dividends	0	0	0	0
Net Income	1 225 000	1 422 000	958 000	831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	187 000	630 000	386 000	451 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	263 000	248 000	389 000	260 000
Total Tangible Assets	263 000	248 000	389 000	260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	450 000	878 000	775 000	711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 857 000	2 359 000	3 998 000	8 959 000
Total Current Assets	13 543 000	12 101 000	8 392 000	32 917 000
Total Assets	13 994 000	12 978 000	9 167 000	33 629 000
Total Equity	7 553 000	6 328 000	4 907 000	3 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 033 000	776 000	43 000	30 000
Unpaid Taxes	1 261 000	1 151 000	1 084 000	1 092 000
Dividends	0	0	0	0
Other Current Debt	4 146 000	4 048 000	2 830 000	28 005 000
Total Current Debt	6 440 000	6 650 000	4 261 000	29 680 000
Total Equity and Debt	13 994 000	12 978 000	9 167 000	33 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,22 %	22,47 %	19,52 %	21,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,66 %	6,54 %	6,33 %	4,41 %
Current Ratio	2,1	1,82	1,97	1,11
Quick Ratio	2,1	1,82	1,97	1,11
Equity Ratio	0,54	0,49	0,54	0,12
Gross Profit Margin	100 %	100 %	99,95 %	99,47 %