NORRØNA STORKJØKKEN AS

4019 STAVANGER

Finances

Share Ownership

Return on Equity

42,74 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	315 942 000	259 608 000	236 044 000	277 294 000
Net Income	17 738 000	11 681 000	12 696 000	16 657 000
Total Assets	123 049 000	100 939 000	85 862 000	90 174 000
Total Equity	41 504 000	42 707 000	42 526 000	41 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	315 942 000	259 608 000	236 044 000	277 294 000
Expenditure	293 012 000	244 758 000	219 008 000	256 694 000
Operating Profit	22 930 000	14 850 000	17 036 000	20 601 000
Financial Income	5 105 000	1 058 000	672 000	1 750 000
Financial Costs	5 237 000	910 000	1 404 000	956 000
Financial Balance	−132 000	148 000	−732 000	794 000
Earnings Before Tax	22 797 000	14 998 000	16 304 000	21 395 000
Tax	5 059 000	3 317 000	3 608 000	4 738 000
Net Income	17 738 000	11 681 000	12 696 000	16 657 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 781 000	1 770 000	1 263 000	1 351 000
Total Current Assets	119 268 000	99 169 000	84 599 000	88 823 000
Total Assets	123 049 000	100 939 000	85 862 000	90 174 000
Total Retained Equity	30 050 000	31 253 000	31 072 000	30 376 000
Total Equity	41 504 000	42 707 000	42 526 000	41 830 000
Total Long-Term Debt	1 596 000	250 000	250 000	250 000
Total Current Debt	79 949 000	57 981 000	43 086 000	48 093 000
Total Equity and Debt	123 049 000	100 939 000	85 862 000	90 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	315 864 000	259 608 000	235 106 000	277 294 000
Other Income	78 000	0	939 000	0
Revenue	315 942 000	259 608 000	236 044 000	277 294 000
Cost of Goods Sold	213 108 000	178 902 000	159 163 000	192 945 000
Salary Costs	48 036 000	40 278 000	37 601 000	40 424 000
Depreciation	987 000	613 000	495 000	402 000
Impairment	0	0	0	0
Expenditure	293 012 000	244 758 000	219 008 000	256 694 000
Operating Profit	22 930 000	14 850 000	17 036 000	20 601 000
Financial Income	5 105 000	1 058 000	672 000	1 750 000
Financial Costs	5 237 000	910 000	1 404 000	956 000
Financial Balance	−132 000	148 000	−732 000	794 000
Dividends	17 000 000	11 000 000	12 000 000	0
Net Income	17 738 000	11 681 000	12 696 000	16 657 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	333 000	285 000	261 000	267 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 913 000	955 000	267 000	374 000
Fixtures	535 000	529 000	735 000	709 000
Total Tangible Assets	3 449 000	1 485 000	1 002 000	1 084 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 781 000	1 770 000	1 263 000	1 351 000
Stock	67 076 000	48 364 000	30 221 000	28 010 000
Total Investments	0	0	0	0
Cash, Bank	2 283 000	2 010 000	1 877 000	1 967 000
Total Current Assets	119 268 000	99 169 000	84 599 000	88 823 000
Total Assets	123 049 000	100 939 000	85 862 000	90 174 000
Total Equity	41 504 000	42 707 000	42 526 000	41 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 596 000	250 000	250 000	250 000
Creditors	24 009 000	23 326 000	17 109 000	20 695 000
Unpaid Taxes	8 146 000	8 756 000	4 489 000	8 275 000
Dividends	17 000 000	11 000 000	12 000 000	0
Other Current Debt	11 275 000	11 059 000	5 886 000	7 726 000
Total Current Debt	79 949 000	57 981 000	43 086 000	48 093 000
Total Equity and Debt	123 049 000	100 939 000	85 862 000	90 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,74 %	27,35 %	29,85 %	39,82 %
Debt-to-Equity Ratio	0,04	0,01	0,01	0,01
Operating Profit Margin	7,26 %	5,72 %	7,22 %	7,43 %
Current Ratio	1,49	1,71	1,96	1,85
Quick Ratio	9,26	10,31	6,58	4,42
Equity Ratio	0,34	0,42	0,5	0,46
Gross Profit Margin	32,55 %	31,09 %	32,57 %	30,42 %