NORFRIGO AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

7,29 %

Current Ratio

3,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 690 000	1 605 000	1 519 000
Net Income	94 000	80 000	102 000	117 000
Total Assets	1 889 000	1 837 000	1 871 000	9 888 000
Total Equity	1 289 000	1 348 000	1 386 000	8 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 690 000	1 605 000	1 519 000
Expenditure	1 763 000	1 588 000	1 533 000	1 556 000
Operating Profit	107 000	102 000	72 000	−37 000
Financial Income	30 000	7 000	60 000	195 000
Financial Costs	0	0	0	0
Financial Balance	30 000	7 000	60 000	195 000
Earnings Before Tax	137 000	109 000	131 000	159 000
Tax	44 000	29 000	30 000	42 000
Net Income	94 000	80 000	102 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	4 000	0	0
Total Current Assets	1 886 000	1 833 000	1 871 000	9 888 000
Total Assets	1 889 000	1 837 000	1 871 000	9 888 000
Total Retained Equity	0	0	0	0
Total Equity	1 289 000	1 348 000	1 386 000	8 390 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	600 000	489 000	485 000	1 498 000
Total Equity and Debt	1 889 000	1 837 000	1 871 000	9 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 870 000	1 690 000	1 605 000	1 519 000
Other Income	0	0	0	0
Revenue	1 870 000	1 690 000	1 605 000	1 519 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	1 210 000	1 089 000	1 055 000	1 069 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 763 000	1 588 000	1 533 000	1 556 000
Operating Profit	107 000	102 000	72 000	−37 000
Financial Income	30 000	7 000	60 000	195 000
Financial Costs	0	0	0	0
Financial Balance	30 000	7 000	60 000	195 000
Dividends	0	0	0	1 000 000
Net Income	94 000	80 000	102 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	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	3 000	4 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	1 445 000	1 483 000	5 426 000
Total Current Assets	1 886 000	1 833 000	1 871 000	9 888 000
Total Assets	1 889 000	1 837 000	1 871 000	9 888 000
Total Equity	1 289 000	1 348 000	1 386 000	8 390 000
Short-Term Group Debt	195 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	87 000	47 000	20 000	3 000
Unpaid Taxes	200 000	178 000	171 000	172 000
Dividends	0	0	0	1 000 000
Other Current Debt	118 000	264 000	294 000	324 000
Total Current Debt	600 000	489 000	485 000	1 498 000
Total Equity and Debt	1 889 000	1 837 000	1 871 000	9 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,29 %	5,93 %	7,36 %	1,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,72 %	6,04 %	4,49 %	−2,44 %
Current Ratio	3,14	3,75	3,86	6,6
Quick Ratio	3,14	3,75	3,86	6,6
Equity Ratio	0,68	0,73	0,74	0,85
Gross Profit Margin	100 %	100 %	100 %	99,74 %