NOROVER AS

8004 BODØ

Finances

Return on Equity

288,9 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 790 000	11 808 000	10 038 000	8 030 000
Net Income	2 941 000	3 081 000	2 813 000	1 000 000
Total Assets	8 542 000	7 123 000	7 432 000	4 896 000
Total Equity	1 018 000	1 377 000	1 296 000	2 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 790 000	11 808 000	10 038 000	8 030 000
Expenditure	10 996 000	7 826 000	6 415 000	6 708 000
Operating Profit	3 793 000	3 981 000	3 624 000	1 321 000
Financial Income	6 000	3 000	26 000	3 000
Financial Costs	25 000	33 000	42 000	42 000
Financial Balance	−19 000	−30 000	−16 000	−39 000
Earnings Before Tax	3 773 000	3 951 000	3 607 000	1 282 000
Tax	833 000	870 000	794 000	282 000
Net Income	2 941 000	3 081 000	2 813 000	1 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 716 000	784 000	2 915 000	367 000
Total Current Assets	6 826 000	6 339 000	4 517 000	4 529 000
Total Assets	8 542 000	7 123 000	7 432 000	4 896 000
Total Retained Equity	13 000	373 000	291 000	1 478 000
Total Equity	1 018 000	1 377 000	1 296 000	2 483 000
Total Long-Term Debt	210 000	0	0	0
Total Current Debt	7 314 000	5 746 000	6 137 000	2 413 000
Total Equity and Debt	8 542 000	7 123 000	7 432 000	4 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 788 000	11 808 000	9 986 000	8 059 000
Other Income	3 000	0	52 000	−30 000
Revenue	14 790 000	11 808 000	10 038 000	8 030 000
Cost of Goods Sold	1 722 000	1 238 000	904 000	779 000
Salary Costs	4 520 000	3 614 000	2 739 000	2 770 000
Depreciation	311 000	220 000	179 000	117 000
Impairment	0	0	0	0
Expenditure	10 996 000	7 826 000	6 415 000	6 708 000
Operating Profit	3 793 000	3 981 000	3 624 000	1 321 000
Financial Income	6 000	3 000	26 000	3 000
Financial Costs	25 000	33 000	42 000	42 000
Financial Balance	−19 000	−30 000	−16 000	−39 000
Dividends	3 300 000	3 000 000	4 000 000	0
Net Income	2 941 000	3 081 000	2 813 000	1 000 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	62 000	60 000	60 000
Real Eastate	734 000	0	0	0
Machinery and Plant Facilities	389 000	0	0	0
Fixtures	510 000	595 000	643 000	187 000
Total Tangible Assets	1 633 000	595 000	643 000	187 000
Total Fiancial Fixed Assets	77 000	128 000	2 212 000	120 000
Total Fixed Assets	1 716 000	784 000	2 915 000	367 000
Stock	0	0	0	119 000
Total Investments	12 000	12 000	0	0
Cash, Bank	4 224 000	2 964 000	3 555 000	3 206 000
Total Current Assets	6 826 000	6 339 000	4 517 000	4 529 000
Total Assets	8 542 000	7 123 000	7 432 000	4 896 000
Total Equity	1 018 000	1 377 000	1 296 000	2 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	0	0	0
Creditors	763 000	613 000	214 000	400 000
Unpaid Taxes	630 000	531 000	474 000	387 000
Dividends	3 300 000	3 000 000	4 000 000	0
Other Current Debt	1 845 000	731 000	654 000	1 373 000
Total Current Debt	7 314 000	5 746 000	6 137 000	2 413 000
Total Equity and Debt	8 542 000	7 123 000	7 432 000	4 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,9 %	223,75 %	217,05 %	40,27 %
Debt-to-Equity Ratio	0,21	0	0	0
Operating Profit Margin	25,65 %	33,71 %	36,1 %	16,45 %
Current Ratio	0,93	1,1	0,74	1,88
Quick Ratio	0,93	1,1	0,74	1,97
Equity Ratio	0,12	0,19	0,17	0,51
Gross Profit Margin	88,36 %	89,52 %	90,99 %	90,3 %