NORREQ AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−53,89 %

Current Ratio

1,26

Debt-to-Equity Ratio

−14,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 666 000	78 656 000	90 758 000	160 165 000
Net Income	291 000	1 686 000	−360 000	−6 930 000
Total Assets	25 073 000	28 304 000	26 279 000	36 221 000
Total Equity	−540 000	−831 000	−2 518 000	−2 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 666 000	78 656 000	90 758 000	160 165 000
Expenditure	80 202 000	78 481 000	90 918 000	166 634 000
Operating Profit	464 000	174 000	−161 000	−6 469 000
Financial Income	8 000	8 000	7 000	13 000
Financial Costs	99 000	137 000	206 000	276 000
Financial Balance	−91 000	−129 000	−199 000	−263 000
Earnings Before Tax	373 000	45 000	−360 000	−6 732 000
Tax	82 000	−1 642 000	0	198 000
Net Income	291 000	1 686 000	−360 000	−6 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 919 000	3 246 000	3 393 000	5 387 000
Total Current Assets	22 154 000	25 058 000	22 886 000	30 834 000
Total Assets	25 073 000	28 304 000	26 279 000	36 221 000
Total Retained Equity	−2 070 000	−2 361 000	−4 048 000	−3 688 000
Total Equity	−540 000	−831 000	−2 518 000	−2 158 000
Total Long-Term Debt	8 021 000	2 066 000	3 887 000	2 035 000
Total Current Debt	17 592 000	27 069 000	24 909 000	36 344 000
Total Equity and Debt	25 073 000	28 304 000	26 279 000	36 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 352 000	76 598 000	91 955 000	158 601 000
Other Income	314 000	2 058 000	−1 197 000	1 564 000
Revenue	80 666 000	78 656 000	90 758 000	160 165 000
Cost of Goods Sold	8 791 000	9 289 000	11 749 000	19 498 000
Salary Costs	66 088 000	65 149 000	73 210 000	126 452 000
Depreciation	506 000	1 287 000	1 730 000	3 558 000
Impairment	0	0	0	0
Expenditure	80 202 000	78 481 000	90 918 000	166 634 000
Operating Profit	464 000	174 000	−161 000	−6 469 000
Financial Income	8 000	8 000	7 000	13 000
Financial Costs	99 000	137 000	206 000	276 000
Financial Balance	−91 000	−129 000	−199 000	−263 000
Dividends	0	0	0	0
Net Income	291 000	1 686 000	−360 000	−6 930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 560 000	1 642 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	2 362 000
Fixtures	669 000	1 060 000	2 961 000	2 486 000
Total Tangible Assets	669 000	1 060 000	2 961 000	4 979 000
Total Fiancial Fixed Assets	690 000	544 000	432 000	408 000
Total Fixed Assets	2 919 000	3 246 000	3 393 000	5 387 000
Stock	425 000	312 000	299 000	542 000
Total Investments	0	0	0	0
Cash, Bank	9 340 000	11 191 000	10 633 000	12 385 000
Total Current Assets	22 154 000	25 058 000	22 886 000	30 834 000
Total Assets	25 073 000	28 304 000	26 279 000	36 221 000
Total Equity	−540 000	−831 000	−2 518 000	−2 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 021 000	2 066 000	3 887 000	2 035 000
Creditors	479 000	439 000	−23 000	762 000
Unpaid Taxes	8 011 000	9 614 000	8 860 000	11 023 000
Dividends	0	0	0	0
Other Current Debt	9 102 000	17 017 000	16 072 000	24 558 000
Total Current Debt	17 592 000	27 069 000	24 909 000	36 344 000
Total Equity and Debt	25 073 000	28 304 000	26 279 000	36 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,89 %	−202,89 %	14,3 %	321,13 %
Debt-to-Equity Ratio	−14,85	−2,49	−1,54	−0,94
Operating Profit Margin	0,58 %	0,22 %	−0,18 %	−4,04 %
Current Ratio	1,26	0,93	0,92	0,85
Quick Ratio	1,29	0,94	0,93	0,86
Equity Ratio	−0,02	−0,03	−0,1	−0,06
Gross Profit Margin	89,1 %	88,19 %	87,05 %	87,83 %