NORST AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

0,71 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 317 000	3 837 000	3 013 000	2 560 000
Net Income	2 000	−38 000	125 000	66 000
Total Assets	1 296 000	1 470 000	1 168 000	793 000
Total Equity	280 000	300 000	338 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 317 000	3 837 000	3 013 000	2 560 000
Expenditure	4 418 000	3 880 000	2 848 000	2 486 000
Operating Profit	21 000	−42 000	165 000	73 000
Financial Income	2 000	3 000	1 000	18 000
Financial Costs	20 000	9 000	5 000	6 000
Financial Balance	−18 000	−6 000	−4 000	12 000
Earnings Before Tax	3 000	−49 000	160 000	85 000
Tax	1 000	−11 000	35 000	19 000
Net Income	2 000	−38 000	125 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 000	285 000	106 000	51 000
Total Current Assets	942 000	1 185 000	1 063 000	743 000
Total Assets	1 296 000	1 470 000	1 168 000	793 000
Total Retained Equity	250 000	270 000	308 000	183 000
Total Equity	280 000	300 000	338 000	213 000
Total Long-Term Debt	280 000	188 000	7 000	3 000
Total Current Debt	736 000	982 000	824 000	577 000
Total Equity and Debt	1 296 000	1 470 000	1 168 000	793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 317 000	3 821 000	3 013 000	2 553 000
Other Income	0	16 000	0	7 000
Revenue	4 317 000	3 837 000	3 013 000	2 560 000
Cost of Goods Sold	1 527 000	1 041 000	697 000	1 083 000
Salary Costs	2 084 000	2 124 000	1 678 000	1 029 000
Depreciation	80 000	59 000	15 000	14 000
Impairment	0	0	0	0
Expenditure	4 418 000	3 880 000	2 848 000	2 486 000
Operating Profit	21 000	−42 000	165 000	73 000
Financial Income	2 000	3 000	1 000	18 000
Financial Costs	20 000	9 000	5 000	6 000
Financial Balance	−18 000	−6 000	−4 000	12 000
Dividends	0	0	0	0
Net Income	2 000	−38 000	125 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	351 000	281 000	106 000	51 000
Total Tangible Assets	351 000	281 000	106 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	354 000	285 000	106 000	51 000
Stock	123 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	482 000	778 000	574 000	218 000
Total Current Assets	942 000	1 185 000	1 063 000	743 000
Total Assets	1 296 000	1 470 000	1 168 000	793 000
Total Equity	280 000	300 000	338 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	280 000	188 000	7 000	3 000
Creditors	81 000	70 000	10 000	80 000
Unpaid Taxes	323 000	408 000	345 000	221 000
Dividends	0	0	0	0
Other Current Debt	331 000	503 000	437 000	260 000
Total Current Debt	736 000	982 000	824 000	577 000
Total Equity and Debt	1 296 000	1 470 000	1 168 000	793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,71 %	−12,67 %	36,98 %	30,99 %
Debt-to-Equity Ratio	1	0,63	0,02	0,01
Operating Profit Margin	0,49 %	−1,09 %	5,48 %	2,85 %
Current Ratio	1,28	1,21	1,29	1,29
Quick Ratio	1,54	1,21	1,29	1,29
Equity Ratio	0,22	0,2	0,29	0,27
Gross Profit Margin	64,63 %	72,87 %	76,87 %	57,7 %