NORRENS AS

1793 TISTEDAL

Finances

Share Ownership

Return on Equity

14,16 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 951 000	27 393 000	23 567 000	24 562 000
Net Income	613 000	3 130 000	1 583 000	2 318 000
Total Assets	8 176 000	10 770 000	10 333 000	8 207 000
Total Equity	4 330 000	3 717 000	2 987 000	3 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 951 000	27 393 000	23 567 000	24 562 000
Expenditure	23 177 000	23 337 000	21 296 000	21 509 000
Operating Profit	774 000	4 056 000	2 272 000	3 053 000
Financial Income	55 000	10 000	25 000	52 000
Financial Costs	28 000	52 000	268 000	133 000
Financial Balance	27 000	−42 000	−243 000	−81 000
Earnings Before Tax	801 000	4 014 000	2 029 000	2 972 000
Tax	188 000	884 000	446 000	654 000
Net Income	613 000	3 130 000	1 583 000	2 318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	266 000	165 000	306 000	330 000
Total Current Assets	7 909 000	10 606 000	10 028 000	7 877 000
Total Assets	8 176 000	10 770 000	10 333 000	8 207 000
Total Retained Equity	4 180 000	3 567 000	2 837 000	2 904 000
Total Equity	4 330 000	3 717 000	2 987 000	3 054 000
Total Long-Term Debt	0	1 202 000	319 000	1 160 000
Total Current Debt	3 845 000	5 851 000	7 028 000	3 993 000
Total Equity and Debt	8 176 000	10 770 000	10 333 000	8 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 553 000	27 239 000	26 509 000	21 915 000
Other Income	−1 602 000	154 000	−2 942 000	2 647 000
Revenue	23 951 000	27 393 000	23 567 000	24 562 000
Cost of Goods Sold	15 894 000	14 197 000	13 790 000	13 358 000
Salary Costs	5 373 000	6 626 000	5 568 000	6 046 000
Depreciation	111 000	61 000	46 000	30 000
Impairment	0	0	0	0
Expenditure	23 177 000	23 337 000	21 296 000	21 509 000
Operating Profit	774 000	4 056 000	2 272 000	3 053 000
Financial Income	55 000	10 000	25 000	52 000
Financial Costs	28 000	52 000	268 000	133 000
Financial Balance	27 000	−42 000	−243 000	−81 000
Dividends	0	2 400 000	1 650 000	900 000
Net Income	613 000	3 130 000	1 583 000	2 318 000

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	223 000	85 000	146 000	90 000
Total Tangible Assets	223 000	85 000	146 000	90 000
Total Fiancial Fixed Assets	43 000	80 000	160 000	240 000
Total Fixed Assets	266 000	165 000	306 000	330 000
Stock	0	250 000	250 000	0
Total Investments	0	0	0	0
Cash, Bank	4 620 000	2 815 000	2 806 000	4 451 000
Total Current Assets	7 909 000	10 606 000	10 028 000	7 877 000
Total Assets	8 176 000	10 770 000	10 333 000	8 207 000
Total Equity	4 330 000	3 717 000	2 987 000	3 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 202 000	319 000	1 160 000
Creditors	1 052 000	3 533 000	1 519 000	2 375 000
Unpaid Taxes	864 000	1 711 000	681 000	1 045 000
Dividends	0	2 400 000	1 650 000	900 000
Other Current Debt	540 000	606 000	3 541 000	573 000
Total Current Debt	3 845 000	5 851 000	7 028 000	3 993 000
Total Equity and Debt	8 176 000	10 770 000	10 333 000	8 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,16 %	84,21 %	53 %	75,9 %
Debt-to-Equity Ratio	0	0,32	0,11	0,38
Operating Profit Margin	3,23 %	14,81 %	9,64 %	12,43 %
Current Ratio	2,06	1,81	1,43	1,97
Quick Ratio	2,06	1,89	1,48	1,97
Equity Ratio	0,53	0,35	0,29	0,37
Gross Profit Margin	33,64 %	48,17 %	41,49 %	45,62 %