NORFINANCE AS

0160 OSLO

Finances

Share Ownership

Return on Equity

0,76 %

Current Ratio

13 327,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 007 000	7 097 000	12 211 000	20 518 000
Net Income	9 277 000	1 095 000	11 670 000	19 136 000
Total Assets	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000
Total Equity	1 212 730 000	1 197 087 000	1 096 007 000	1 064 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 007 000	7 097 000	12 211 000	20 518 000
Expenditure	6 293 000	4 515 000	167 000	405 000
Operating Profit	8 715 000	2 582 000	12 044 000	20 113 000
Financial Income	562 000	49 000	24 000	46 000
Financial Costs	0	1 536 000	399 000	1 023 000
Financial Balance	562 000	−1 487 000	−375 000	−977 000
Earnings Before Tax	9 277 000	1 095 000	11 670 000	19 136 000
Tax	0	0	0	0
Net Income	9 277 000	1 095 000	11 670 000	19 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000
Total Assets	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000
Total Retained Equity	291 330 000	292 053 000	290 957 000	286 088 000
Total Equity	1 212 730 000	1 197 087 000	1 096 007 000	1 064 534 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	91 000	11 000	6 937 000	10 140 000
Total Equity and Debt	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 007 000	0	0	0
Other Income	0	7 097 000	12 211 000	20 518 000
Revenue	15 007 000	7 097 000	12 211 000	20 518 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 293 000	4 515 000	167 000	405 000
Operating Profit	8 715 000	2 582 000	12 044 000	20 113 000
Financial Income	562 000	49 000	24 000	46 000
Financial Costs	0	1 536 000	399 000	1 023 000
Financial Balance	562 000	−1 487 000	−375 000	−977 000
Dividends	10 000 000	0	6 800 000	10 000 000
Net Income	9 277 000	1 095 000	11 670 000	19 136 000

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	1 203 537 000	1 188 294 000	1 091 253 000	1 064 683 000
Cash, Bank	9 285 000	8 805 000	11 692 000	9 991 000
Total Current Assets	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000
Total Assets	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000
Total Equity	1 212 730 000	1 197 087 000	1 096 007 000	1 064 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	74 000	11 000	137 000	140 000
Unpaid Taxes	0	0	0	0
Dividends	10 000 000	0	6 800 000	10 000 000
Other Current Debt	17 000	0	0	0
Total Current Debt	91 000	11 000	6 937 000	10 140 000
Total Equity and Debt	1 212 822 000	1 197 099 000	1 102 944 000	1 074 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,76 %	0,09 %	1,06 %	1,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	58,07 %	36,38 %	98,63 %	98,03 %
Current Ratio	13 327,71	108 827,18	158,99	105,98
Quick Ratio	13 327,71	108 827,18	158,99	105,98
Equity Ratio	1	1	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %