NORMONT AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

53,54 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2019	2018	2017	2016
Revenue	4 825 000	6 256 000	4 327 000	2 590 000
Net Income	−310 000	−550 000	426 000	−97 000
Total Assets	1 942 000	1 528 000	1 579 000	692 000
Total Equity	−579 000	−194 000	356 000	−70 000

Income (NOK)	2019	2018	2017	2016
Revenue	4 825 000	6 256 000	4 327 000	2 590 000
Expenditure	5 085 000	6 743 000	3 848 000	2 653 000
Operating Profit	−261 000	−487 000	480 000	−62 000
Financial Income	−5 000	4 000	−10 000	2 000
Financial Costs	44 000	67 000	43 000	37 000
Financial Balance	−49 000	−63 000	−53 000	−35 000
Earnings Before Tax	−310 000	−550 000	426 000	−97 000
Tax	0	0	0	0
Net Income	−310 000	−550 000	426 000	−97 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	53 000	82 000	11 000	27 000
Total Current Assets	1 890 000	1 446 000	1 568 000	665 000
Total Assets	1 942 000	1 528 000	1 579 000	692 000
Total Retained Equity	−904 000	−594 000	−44 000	−470 000
Total Equity	−579 000	−194 000	356 000	−70 000
Total Long-Term Debt	90 000	168 000	116 000	154 000
Total Current Debt	2 431 000	1 554 000	1 107 000	608 000
Total Equity and Debt	1 942 000	1 528 000	1 579 000	692 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	4 811 000	6 100 000	4 327 000	2 440 000
Other Income	14 000	156 000	0	150 000
Revenue	4 825 000	6 256 000	4 327 000	2 590 000
Cost of Goods Sold	1 977 000	4 152 000	2 284 000	1 468 000
Salary Costs	2 057 000	1 546 000	855 000	594 000
Depreciation	12 000	8 000	16 000	9 000
Impairment	0	0	0	0
Expenditure	5 085 000	6 743 000	3 848 000	2 653 000
Operating Profit	−261 000	−487 000	480 000	−62 000
Financial Income	−5 000	4 000	−10 000	2 000
Financial Costs	44 000	67 000	43 000	37 000
Financial Balance	−49 000	−63 000	−53 000	−35 000
Dividends	0	0	0	0
Net Income	−310 000	−550 000	426 000	−97 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	5 000	11 000	17 000
Fixtures	28 000	35 000	0	10 000
Total Tangible Assets	28 000	40 000	11 000	27 000
Total Fiancial Fixed Assets	25 000	42 000	0	0
Total Fixed Assets	53 000	82 000	11 000	27 000
Stock	788 000	600 000	562 000	250 000
Total Investments	0	0	0	0
Cash, Bank	666 000	93 000	96 000	54 000
Total Current Assets	1 890 000	1 446 000	1 568 000	665 000
Total Assets	1 942 000	1 528 000	1 579 000	692 000
Total Equity	−579 000	−194 000	356 000	−70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	90 000	168 000	116 000	154 000
Creditors	1 481 000	885 000	693 000	224 000
Unpaid Taxes	356 000	285 000	269 000	193 000
Dividends	0	0	0	0
Other Current Debt	594 000	164 000	122 000	72 000
Total Current Debt	2 431 000	1 554 000	1 107 000	608 000
Total Equity and Debt	1 942 000	1 528 000	1 579 000	692 000

Financial indicators	2019	2018	2017	2016
Return on Equity	53,54 %	283,51 %	119,66 %	138,57 %
Debt-to-Equity Ratio	−0,16	−0,87	0,33	−2,2
Operating Profit Margin	−5,41 %	−7,78 %	11,09 %	−2,39 %
Current Ratio	0,78	0,93	1,42	1,09
Quick Ratio	1,15	1,52	2,88	1,86
Equity Ratio	−0,3	−0,13	0,23	−0,1
Gross Profit Margin	59,03 %	33,63 %	47,22 %	43,32 %