NOROCS AS

0694 OSLO

Finances

Share Ownership

Return on Equity

64,04 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 155 000	68 611 000	61 450 000	53 959 000
Net Income	3 595 000	−303 000	2 211 000	296 000
Total Assets	18 858 000	17 474 000	17 354 000	16 187 000
Total Equity	5 614 000	3 019 000	4 322 000	3 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 155 000	68 611 000	61 450 000	53 959 000
Expenditure	73 187 000	68 994 000	58 676 000	53 346 000
Operating Profit	4 968 000	−382 000	2 775 000	614 000
Financial Income	135 000	133 000	62 000	53 000
Financial Costs	478 000	133 000	30 000	268 000
Financial Balance	−343 000	0	32 000	−215 000
Earnings Before Tax	4 625 000	−382 000	2 807 000	399 000
Tax	1 030 000	−79 000	596 000	104 000
Net Income	3 595 000	−303 000	2 211 000	296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	890 000	1 636 000	2 115 000	4 052 000
Total Current Assets	17 968 000	15 838 000	15 239 000	12 135 000
Total Assets	18 858 000	17 474 000	17 354 000	16 187 000
Total Retained Equity	5 584 000	2 989 000	4 292 000	2 981 000
Total Equity	5 614 000	3 019 000	4 322 000	3 011 000
Total Long-Term Debt	873 000	1 142 000	1 956 000	3 680 000
Total Current Debt	12 371 000	13 313 000	11 075 000	9 495 000
Total Equity and Debt	18 858 000	17 474 000	17 354 000	16 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 155 000	68 607 000	61 400 000	53 959 000
Other Income	0	4 000	50 000	0
Revenue	78 155 000	68 611 000	61 450 000	53 959 000
Cost of Goods Sold	27 544 000	22 347 000	28 268 000	27 703 000
Salary Costs	20 484 000	18 008 000	14 912 000	14 071 000
Depreciation	598 000	640 000	833 000	1 282 000
Impairment	0	0	0	0
Expenditure	73 187 000	68 994 000	58 676 000	53 346 000
Operating Profit	4 968 000	−382 000	2 775 000	614 000
Financial Income	135 000	133 000	62 000	53 000
Financial Costs	478 000	133 000	30 000	268 000
Financial Balance	−343 000	0	32 000	−215 000
Dividends	1 000 000	1 000 000	900 000	1 200 000
Net Income	3 595 000	−303 000	2 211 000	296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	160 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	460 000	802 000	1 176 000	2 785 000
Fixtures	417 000	673 000	939 000	1 267 000
Total Tangible Assets	877 000	1 475 000	2 115 000	4 052 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	890 000	1 636 000	2 115 000	4 052 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	859 000	2 291 000	824 000	4 909 000
Total Current Assets	17 968 000	15 838 000	15 239 000	12 135 000
Total Assets	18 858 000	17 474 000	17 354 000	16 187 000
Total Equity	5 614 000	3 019 000	4 322 000	3 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	873 000	1 142 000	1 956 000	3 680 000
Creditors	6 345 000	2 247 000	2 770 000	6 952 000
Unpaid Taxes	2 958 000	1 493 000	3 267 000	1 263 000
Dividends	1 000 000	1 000 000	900 000	1 200 000
Other Current Debt	2 186 000	9 377 000	4 419 000	1 281 000
Total Current Debt	12 371 000	13 313 000	11 075 000	9 495 000
Total Equity and Debt	18 858 000	17 474 000	17 354 000	16 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,04 %	−10,04 %	51,16 %	9,83 %
Debt-to-Equity Ratio	0,16	0,38	0,45	1,22
Operating Profit Margin	6,36 %	−0,56 %	4,52 %	1,14 %
Current Ratio	1,45	1,19	1,38	1,28
Quick Ratio	1,45	1,19	1,38	1,28
Equity Ratio	0,3	0,17	0,25	0,19
Gross Profit Margin	64,76 %	67,43 %	54 %	48,66 %