NOROIL LUBRICANTS AS

0275 OSLO

Finances

Share Ownership

Return on Equity

0,84 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 083 000	18 899 000	15 535 000	14 919 000
Net Income	4 000	400 000	469 000	223 000
Total Assets	4 920 000	3 689 000	3 414 000	3 098 000
Total Equity	478 000	474 000	274 000	−195 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 083 000	18 899 000	15 535 000	14 919 000
Expenditure	20 064 000	18 380 000	14 964 000	14 644 000
Operating Profit	20 000	519 000	571 000	275 000
Financial Income	57 000	0	5 000	0
Financial Costs	70 000	1 000	30 000	53 000
Financial Balance	−13 000	−1 000	−25 000	−53 000
Earnings Before Tax	6 000	518 000	545 000	223 000
Tax	3 000	117 000	76 000	0
Net Income	4 000	400 000	469 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	24 000	44 000	31 000
Total Current Assets	4 856 000	3 665 000	3 370 000	3 067 000
Total Assets	4 920 000	3 689 000	3 414 000	3 098 000
Total Retained Equity	418 000	414 000	214 000	−255 000
Total Equity	478 000	474 000	274 000	−195 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 442 000	3 215 000	3 140 000	3 293 000
Total Equity and Debt	4 920 000	3 689 000	3 414 000	3 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 835 000	17 290 000	14 160 000	13 492 000
Other Income	1 248 000	1 609 000	1 375 000	1 427 000
Revenue	20 083 000	18 899 000	15 535 000	14 919 000
Cost of Goods Sold	16 439 000	15 072 000	12 446 000	11 844 000
Salary Costs	2 379 000	2 372 000	1 795 000	2 021 000
Depreciation	28 000	20 000	26 000	16 000
Impairment	0	0	0	0
Expenditure	20 064 000	18 380 000	14 964 000	14 644 000
Operating Profit	20 000	519 000	571 000	275 000
Financial Income	57 000	0	5 000	0
Financial Costs	70 000	1 000	30 000	53 000
Financial Balance	−13 000	−1 000	−25 000	−53 000
Dividends	0	0	0	0
Net Income	4 000	400 000	469 000	223 000

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	0	0	0
Fixtures	64 000	24 000	44 000	31 000
Total Tangible Assets	64 000	24 000	44 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	24 000	44 000	31 000
Stock	3 581 000	2 010 000	1 742 000	1 530 000
Total Investments	0	0	0	0
Cash, Bank	70 000	430 000	397 000	18 000
Total Current Assets	4 856 000	3 665 000	3 370 000	3 067 000
Total Assets	4 920 000	3 689 000	3 414 000	3 098 000
Total Equity	478 000	474 000	274 000	−195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 956 000	2 135 000	2 338 000	2 206 000
Unpaid Taxes	920 000	762 000	655 000	636 000
Dividends	0	0	0	0
Other Current Debt	179 000	201 000	71 000	99 000
Total Current Debt	4 442 000	3 215 000	3 140 000	3 293 000
Total Equity and Debt	4 920 000	3 689 000	3 414 000	3 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	84,39 %	171,17 %	−114,36 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	0,1 %	2,75 %	3,68 %	1,84 %
Current Ratio	1,09	1,14	1,07	0,93
Quick Ratio	5,64	3,04	2,41	1,74
Equity Ratio	0,1	0,13	0,08	−0,06
Gross Profit Margin	18,14 %	20,25 %	19,88 %	20,61 %