NORENES HOLDING AS

4638 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

85,71 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 000	44 000	97 000	95 000
Net Income	−12 000	−66 000	16 000	12 000
Total Assets	54 000	53 000	51 000	102 000
Total Equity	−14 000	−2 000	−4 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 000	44 000	97 000	95 000
Expenditure	68 000	106 000	57 000	77 000
Operating Profit	−6 000	−62 000	40 000	18 000
Financial Income	0	0	0	2 000
Financial Costs	6 000	4 000	24 000	8 000
Financial Balance	−6 000	−4 000	−24 000	−6 000
Earnings Before Tax	−12 000	−66 000	16 000	12 000
Tax	0	0	0	0
Net Income	−12 000	−66 000	16 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	32 000	45 000	32 000
Total Current Assets	23 000	22 000	6 000	70 000
Total Assets	54 000	53 000	51 000	102 000
Total Retained Equity	−44 000	−32 000	−34 000	29 000
Total Equity	−14 000	−2 000	−4 000	59 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	69 000	56 000	55 000	43 000
Total Equity and Debt	54 000	53 000	51 000	102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 000	44 000	97 000	95 000
Other Income	0	0	0	0
Revenue	62 000	44 000	97 000	95 000
Cost of Goods Sold	0	0	1 000	14 000
Salary Costs	9 000	0	1 000	4 000
Depreciation	0	13 000	3 000	0
Impairment	0	0	0	0
Expenditure	68 000	106 000	57 000	77 000
Operating Profit	−6 000	−62 000	40 000	18 000
Financial Income	0	0	0	2 000
Financial Costs	6 000	4 000	24 000	8 000
Financial Balance	−6 000	−4 000	−24 000	−6 000
Dividends	0	0	0	0
Net Income	−12 000	−66 000	16 000	12 000

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	13 000	0
Total Tangible Assets	0	0	13 000	0
Total Fiancial Fixed Assets	32 000	32 000	32 000	32 000
Total Fixed Assets	32 000	32 000	45 000	32 000
Stock	0	0	0	0
Total Investments	20 000	20 000	0	0
Cash, Bank	3 000	0	4 000	6 000
Total Current Assets	23 000	22 000	6 000	70 000
Total Assets	54 000	53 000	51 000	102 000
Total Equity	−14 000	−2 000	−4 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	9 000	0	20 000	15 000
Dividends	0	0	0	0
Other Current Debt	25 000	21 000	0	0
Total Current Debt	69 000	56 000	55 000	43 000
Total Equity and Debt	54 000	53 000	51 000	102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,71 %	3 300 %	−400 %	20,34 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−9,68 %	−140,91 %	41,24 %	18,95 %
Current Ratio	0,33	0,39	0,11	1,63
Quick Ratio	0,33	0,39	0,11	1,63
Equity Ratio	−0,26	−0,04	−0,08	0,58
Gross Profit Margin	100 %	100 %	98,97 %	85,26 %