NORBAK AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

339,61 %

Current Ratio

46,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 000	1 199 000	2 426 000	5 014 000
Net Income	3 104 000	5 199 000	−1 449 000	−73 000
Total Assets	934 000	1 321 000	2 408 000	3 289 000
Total Equity	914 000	−2 190 000	−7 389 000	−5 940 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 000	1 199 000	2 426 000	5 014 000
Expenditure	508 000	1 833 000	3 576 000	4 908 000
Operating Profit	−385 000	−634 000	−1 151 000	105 000
Financial Income	3 540 000	0	0	0
Financial Costs	51 000	160 000	298 000	179 000
Financial Balance	3 489 000	−160 000	−298 000	−179 000
Earnings Before Tax	3 104 000	−793 000	−1 449 000	−73 000
Tax	0	−1 318 000	0	0
Net Income	3 104 000	5 199 000	−1 449 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	141 000	291 000	441 000
Total Current Assets	931 000	1 180 000	2 117 000	2 848 000
Total Assets	934 000	1 321 000	2 408 000	3 289 000
Total Retained Equity	814 000	−2 290 000	−7 489 000	−6 040 000
Total Equity	914 000	−2 190 000	−7 389 000	−5 940 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	3 510 000	9 797 000	9 228 000
Total Equity and Debt	934 000	1 321 000	2 408 000	3 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 000	361 000	1 788 000	5 014 000
Other Income	0	838 000	637 000	0
Revenue	123 000	1 199 000	2 426 000	5 014 000
Cost of Goods Sold	0	109 000	1 576 000	1 512 000
Salary Costs	3 000	23 000	254 000	1 182 000
Depreciation	138 000	150 000	150 000	147 000
Impairment	0	0	0	0
Expenditure	508 000	1 833 000	3 576 000	4 908 000
Operating Profit	−385 000	−634 000	−1 151 000	105 000
Financial Income	3 540 000	0	0	0
Financial Costs	51 000	160 000	298 000	179 000
Financial Balance	3 489 000	−160 000	−298 000	−179 000
Dividends	0	0	0	0
Net Income	3 104 000	5 199 000	−1 449 000	−73 000

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	27 000	63 000	100 000
Fixtures	3 000	114 000	227 000	341 000
Total Tangible Assets	3 000	141 000	291 000	441 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	141 000	291 000	441 000
Stock	0	0	611 000	1 116 000
Total Investments	0	0	0	0
Cash, Bank	3 000	0	0	45 000
Total Current Assets	931 000	1 180 000	2 117 000	2 848 000
Total Assets	934 000	1 321 000	2 408 000	3 289 000
Total Equity	914 000	−2 190 000	−7 389 000	−5 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	233 000	11 000	70 000
Unpaid Taxes	0	6 000	8 000	120 000
Dividends	0	0	0	0
Other Current Debt	15 000	32 000	6 069 000	5 313 000
Total Current Debt	20 000	3 510 000	9 797 000	9 228 000
Total Equity and Debt	934 000	1 321 000	2 408 000	3 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	339,61 %	−237,4 %	19,61 %	1,23 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−313,01 %	−52,88 %	−47,44 %	2,09 %
Current Ratio	46,55	0,34	0,22	0,31
Quick Ratio	46,55	0,34	0,23	0,35
Equity Ratio	0,98	−1,66	−3,07	−1,81
Gross Profit Margin	100 %	90,91 %	35,04 %	69,84 %