NORIND AS

3024 DRAMMEN

Finances

Share Ownership

Return on Equity

−18,96 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 654 000	2 461 000	2 295 000	2 720 000
Net Income	197 000	−236 000	−14 000	228 000
Total Assets	91 000	145 000	152 000	460 000
Total Equity	−1 039 000	−1 236 000	−552 000	−759 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 654 000	2 461 000	2 295 000	2 720 000
Expenditure	1 200 000	2 697 000	2 309 000	2 490 000
Operating Profit	454 000	−236 000	−14 000	231 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	454 000	−236 000	−14 000	228 000
Tax	257 000	0	0	0
Net Income	197 000	−236 000	−14 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	22 000	27 000	38 000
Total Current Assets	75 000	123 000	125 000	423 000
Total Assets	91 000	145 000	152 000	460 000
Total Retained Equity	−1 069 000	−1 266 000	−582 000	−789 000
Total Equity	−1 039 000	−1 236 000	−552 000	−759 000
Total Long-Term Debt	257 000	0	0	525 000
Total Current Debt	873 000	1 381 000	704 000	694 000
Total Equity and Debt	91 000	145 000	152 000	460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 512 000	2 461 000	2 295 000	2 720 000
Other Income	141 000	0	0	0
Revenue	1 654 000	2 461 000	2 295 000	2 720 000
Cost of Goods Sold	412 000	626 000	568 000	46 000
Salary Costs	253 000	1 610 000	1 329 000	1 429 000
Depreciation	5 000	5 000	11 000	16 000
Impairment	0	0	0	0
Expenditure	1 200 000	2 697 000	2 309 000	2 490 000
Operating Profit	454 000	−236 000	−14 000	231 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	197 000	−236 000	−14 000	228 000

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	27 000	0
Fixtures	16 000	22 000	0	38 000
Total Tangible Assets	16 000	22 000	27 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	22 000	27 000	38 000
Stock	34 000	34 000	34 000	41 000
Total Investments	0	0	0	0
Cash, Bank	38 000	89 000	92 000	367 000
Total Current Assets	75 000	123 000	125 000	423 000
Total Assets	91 000	145 000	152 000	460 000
Total Equity	−1 039 000	−1 236 000	−552 000	−759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	257 000	0	0	525 000
Creditors	30 000	0	2 000	0
Unpaid Taxes	96 000	163 000	159 000	131 000
Dividends	0	0	0	0
Other Current Debt	747 000	1 218 000	543 000	563 000
Total Current Debt	873 000	1 381 000	704 000	694 000
Total Equity and Debt	91 000	145 000	152 000	460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,96 %	19,09 %	2,54 %	−30,04 %
Debt-to-Equity Ratio	−0,25	−0	−0	−0,69
Operating Profit Margin	27,45 %	−9,59 %	−0,61 %	8,49 %
Current Ratio	0,09	0,09	0,18	0,61
Quick Ratio	0,09	0,09	0,19	0,65
Equity Ratio	−11,42	−8,52	−3,63	−1,65
Gross Profit Margin	75,09 %	74,56 %	75,25 %	98,31 %