NORELCON AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

6,77 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 424 000	1 308 000	998 000	1 399 000
Net Income	35 000	46 000	3 000	67 000
Total Assets	967 000	891 000	830 000	943 000
Total Equity	517 000	482 000	437 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 424 000	1 308 000	998 000	1 399 000
Expenditure	1 381 000	1 250 000	996 000	1 314 000
Operating Profit	42 000	57 000	2 000	85 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	3 000
Earnings Before Tax	44 000	58 000	4 000	87 000
Tax	10 000	13 000	1 000	20 000
Net Income	35 000	46 000	3 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	967 000	891 000	830 000	943 000
Total Assets	967 000	891 000	830 000	943 000
Total Retained Equity	367 000	332 000	286 000	283 000
Total Equity	517 000	482 000	437 000	434 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	451 000	409 000	394 000	510 000
Total Equity and Debt	967 000	891 000	830 000	943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 417 000	1 308 000	998 000	1 399 000
Other Income	6 000	0	0	0
Revenue	1 424 000	1 308 000	998 000	1 399 000
Cost of Goods Sold	120 000	86 000	104 000	89 000
Salary Costs	1 119 000	1 035 000	789 000	1 131 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 381 000	1 250 000	996 000	1 314 000
Operating Profit	42 000	57 000	2 000	85 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	3 000
Dividends	0	0	0	0
Net Income	35 000	46 000	3 000	67 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	638 000	667 000	559 000	885 000
Total Current Assets	967 000	891 000	830 000	943 000
Total Assets	967 000	891 000	830 000	943 000
Total Equity	517 000	482 000	437 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	91 000	20 000	81 000	49 000
Unpaid Taxes	248 000	282 000	241 000	335 000
Dividends	0	0	0	0
Other Current Debt	102 000	94 000	72 000	105 000
Total Current Debt	451 000	409 000	394 000	510 000
Total Equity and Debt	967 000	891 000	830 000	943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,77 %	9,54 %	0,69 %	15,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,95 %	4,36 %	0,2 %	6,08 %
Current Ratio	2,14	2,18	2,11	1,85
Quick Ratio	2,14	2,18	2,11	1,85
Equity Ratio	0,53	0,54	0,53	0,46
Gross Profit Margin	91,57 %	93,43 %	89,58 %	93,64 %