NORASPORT INDUSTRI AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

9,62 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 349 000	38 294 000	34 758 000	34 841 000
Net Income	426 000	2 801 000	−86 000	−1 728 000
Total Assets	18 264 000	13 002 000	9 767 000	7 703 000
Total Equity	4 426 000	4 200 000	1 399 000	1 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 349 000	38 294 000	34 758 000	34 841 000
Expenditure	37 553 000	35 713 000	35 024 000	35 196 000
Operating Profit	796 000	3 507 000	58 000	−1 501 000
Financial Income	7 000	24 000	136 000	10 000
Financial Costs	254 000	211 000	280 000	237 000
Financial Balance	−247 000	−187 000	−144 000	−227 000
Earnings Before Tax	549 000	3 320 000	−86 000	−1 728 000
Tax	122 000	519 000	0	0
Net Income	426 000	2 801 000	−86 000	−1 728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	567 000	241 000	9 000	25 000
Total Current Assets	17 697 000	12 762 000	9 758 000	7 678 000
Total Assets	18 264 000	13 002 000	9 767 000	7 703 000
Total Retained Equity	2 426 000	2 200 000	−601 000	−515 000
Total Equity	4 426 000	4 200 000	1 399 000	1 485 000
Total Long-Term Debt	520 000	2 038 000	2 904 000	0
Total Current Debt	13 318 000	6 764 000	5 464 000	6 218 000
Total Equity and Debt	18 264 000	13 002 000	9 767 000	7 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 349 000	38 294 000	34 606 000	34 841 000
Other Income	0	0	152 000	0
Revenue	38 349 000	38 294 000	34 758 000	34 841 000
Cost of Goods Sold	18 735 000	20 016 000	20 295 000	18 435 000
Salary Costs	12 480 000	10 387 000	9 485 000	11 366 000
Depreciation	45 000	14 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	37 553 000	35 713 000	35 024 000	35 196 000
Operating Profit	796 000	3 507 000	58 000	−1 501 000
Financial Income	7 000	24 000	136 000	10 000
Financial Costs	254 000	211 000	280 000	237 000
Financial Balance	−247 000	−187 000	−144 000	−227 000
Dividends	200 000	0	0	0
Net Income	426 000	2 801 000	−86 000	−1 728 000

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	21 000	0	9 000	25 000
Fixtures	306 000	41 000	0	0
Total Tangible Assets	327 000	41 000	9 000	25 000
Total Fiancial Fixed Assets	240 000	200 000	0	0
Total Fixed Assets	567 000	241 000	9 000	25 000
Stock	3 827 000	3 755 000	2 829 000	2 506 000
Total Investments	0	0	0	0
Cash, Bank	4 248 000	2 115 000	1 651 000	1 000 000
Total Current Assets	17 697 000	12 762 000	9 758 000	7 678 000
Total Assets	18 264 000	13 002 000	9 767 000	7 703 000
Total Equity	4 426 000	4 200 000	1 399 000	1 485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	520 000	2 038 000	2 904 000	0
Creditors	2 429 000	1 586 000	1 539 000	921 000
Unpaid Taxes	2 322 000	3 091 000	2 613 000	1 375 000
Dividends	200 000	0	0	0
Other Current Debt	3 287 000	1 567 000	1 312 000	1 853 000
Total Current Debt	13 318 000	6 764 000	5 464 000	6 218 000
Total Equity and Debt	18 264 000	13 002 000	9 767 000	7 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,62 %	66,69 %	−6,15 %	−116,36 %
Debt-to-Equity Ratio	0,12	0,49	2,08	0
Operating Profit Margin	2,08 %	9,16 %	0,17 %	−4,31 %
Current Ratio	1,33	1,89	1,79	1,23
Quick Ratio	1,86	4,24	3,7	2,07
Equity Ratio	0,24	0,32	0,14	0,19
Gross Profit Margin	51,15 %	47,73 %	41,61 %	47,09 %