NORÅS AS

5130 NYBORG

Finances

Share Ownership

Return on Equity

154,22 %

Current Ratio

1,15

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 793 000	35 586 000	29 644 000	34 723 000
Net Income	3 871 000	4 406 000	2 652 000	3 431 000
Total Assets	24 531 000	22 867 000	18 221 000	18 708 000
Total Equity	2 510 000	10 220 000	6 441 000	3 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 793 000	35 586 000	29 644 000	34 723 000
Expenditure	35 157 000	29 973 000	26 236 000	30 313 000
Operating Profit	4 636 000	5 613 000	3 408 000	4 410 000
Financial Income	447 000	122 000	110 000	161 000
Financial Costs	120 000	86 000	118 000	168 000
Financial Balance	327 000	36 000	−8 000	−7 000
Earnings Before Tax	4 963 000	5 650 000	3 400 000	4 403 000
Tax	1 092 000	1 243 000	748 000	972 000
Net Income	3 871 000	4 406 000	2 652 000	3 431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 852 000	3 653 000	4 711 000	6 050 000
Total Current Assets	21 679 000	19 215 000	13 510 000	12 658 000
Total Assets	24 531 000	22 867 000	18 221 000	18 708 000
Total Retained Equity	2 410 000	10 120 000	6 341 000	3 689 000
Total Equity	2 510 000	10 220 000	6 441 000	3 789 000
Total Long-Term Debt	3 177 000	4 212 000	4 765 000	5 499 000
Total Current Debt	18 844 000	8 436 000	7 016 000	9 419 000
Total Equity and Debt	24 531 000	22 867 000	18 221 000	18 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 552 000	34 594 000	29 026 000	34 660 000
Other Income	241 000	992 000	618 000	63 000
Revenue	39 793 000	35 586 000	29 644 000	34 723 000
Cost of Goods Sold	11 253 000	9 452 000	8 101 000	9 292 000
Salary Costs	12 726 000	11 042 000	9 615 000	10 702 000
Depreciation	1 226 000	1 194 000	1 362 000	2 125 000
Impairment	0	0	0	0
Expenditure	35 157 000	29 973 000	26 236 000	30 313 000
Operating Profit	4 636 000	5 613 000	3 408 000	4 410 000
Financial Income	447 000	122 000	110 000	161 000
Financial Costs	120 000	86 000	118 000	168 000
Financial Balance	327 000	36 000	−8 000	−7 000
Dividends	9 900 000	0	0	627 000
Net Income	3 871 000	4 406 000	2 652 000	3 431 000

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	2 852 000	3 653 000	4 711 000	6 050 000
Total Tangible Assets	2 852 000	3 653 000	4 711 000	6 050 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 852 000	3 653 000	4 711 000	6 050 000
Stock	500 000	433 000	419 000	402 000
Total Investments	0	0	0	0
Cash, Bank	20 516 000	18 351 000	12 366 000	11 447 000
Total Current Assets	21 679 000	19 215 000	13 510 000	12 658 000
Total Assets	24 531 000	22 867 000	18 221 000	18 708 000
Total Equity	2 510 000	10 220 000	6 441 000	3 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 177 000	4 212 000	4 765 000	5 499 000
Creditors	2 186 000	2 484 000	2 348 000	2 834 000
Unpaid Taxes	2 258 000	1 846 000	1 489 000	2 182 000
Dividends	9 900 000	0	0	627 000
Other Current Debt	3 297 000	2 770 000	2 336 000	2 593 000
Total Current Debt	18 844 000	8 436 000	7 016 000	9 419 000
Total Equity and Debt	24 531 000	22 867 000	18 221 000	18 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	154,22 %	43,11 %	41,17 %	90,55 %
Debt-to-Equity Ratio	1,27	0,41	0,74	1,45
Operating Profit Margin	11,65 %	15,77 %	11,5 %	12,7 %
Current Ratio	1,15	2,28	1,93	1,34
Quick Ratio	1,18	2,4	2,05	1,4
Equity Ratio	0,1	0,45	0,35	0,2
Gross Profit Margin	71,72 %	73,44 %	72,67 %	73,24 %