NORXE AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

−53,88 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 484 000	113 718 000	111 720 000	89 735 000
Net Income	−15 784 000	5 830 000	11 536 000	10 937 000
Total Assets	70 238 000	62 638 000	65 886 000	49 551 000
Total Equity	29 293 000	44 847 000	38 739 000	27 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 484 000	113 718 000	111 720 000	89 735 000
Expenditure	124 568 000	106 896 000	97 511 000	74 266 000
Operating Profit	−20 084 000	6 822 000	13 818 000	15 305 000
Financial Income	10 000	2 000	−252 000	16 000
Financial Costs	815 000	1 227 000	684 000	1 751 000
Financial Balance	−805 000	−1 225 000	−936 000	−1 735 000
Earnings Before Tax	−20 889 000	5 597 000	12 883 000	13 570 000
Tax	−5 105 000	−233 000	1 348 000	2 633 000
Net Income	−15 784 000	5 830 000	11 536 000	10 937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 723 000	19 542 000	15 036 000	11 175 000
Total Current Assets	47 515 000	43 096 000	50 850 000	38 375 000
Total Assets	70 238 000	62 638 000	65 886 000	49 551 000
Total Retained Equity	10 957 000	26 571 000	21 015 000	10 342 000
Total Equity	29 293 000	44 847 000	38 739 000	27 298 000
Total Long-Term Debt	0	526 000	459 000	275 000
Total Current Debt	40 944 000	17 265 000	26 688 000	21 977 000
Total Equity and Debt	70 238 000	62 638 000	65 886 000	49 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 954 000	107 110 000	97 352 000	89 735 000
Other Income	530 000	6 608 000	14 369 000	0
Revenue	104 484 000	113 718 000	111 720 000	89 735 000
Cost of Goods Sold	43 594 000	49 666 000	43 980 000	41 615 000
Salary Costs	47 386 000	35 326 000	31 320 000	18 004 000
Depreciation	4 619 000	3 229 000	2 458 000	1 846 000
Impairment	0	0	0	0
Expenditure	124 568 000	106 896 000	97 511 000	74 266 000
Operating Profit	−20 084 000	6 822 000	13 818 000	15 305 000
Financial Income	10 000	2 000	−252 000	16 000
Financial Costs	815 000	1 227 000	684 000	1 751 000
Financial Balance	−805 000	−1 225 000	−936 000	−1 735 000
Dividends	0	0	0	0
Net Income	−15 784 000	5 830 000	11 536 000	10 937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 465 000	3 367 000	3 847 000	4 328 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 191 000	15 487 000	10 717 000	6 252 000
Fixtures	1 067 000	689 000	472 000	595 000
Total Tangible Assets	15 258 000	16 176 000	11 189 000	6 847 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 723 000	19 542 000	15 036 000	11 175 000
Stock	25 570 000	15 694 000	12 700 000	9 642 000
Total Investments	0	0	0	0
Cash, Bank	1 764 000	1 665 000	8 444 000	6 224 000
Total Current Assets	47 515 000	43 096 000	50 850 000	38 375 000
Total Assets	70 238 000	62 638 000	65 886 000	49 551 000
Total Equity	29 293 000	44 847 000	38 739 000	27 298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	526 000	459 000	275 000
Creditors	12 324 000	6 795 000	11 533 000	8 262 000
Unpaid Taxes	2 374 000	2 048 000	1 458 000	815 000
Dividends	0	0	0	0
Other Current Debt	12 345 000	4 227 000	8 757 000	5 305 000
Total Current Debt	40 944 000	17 265 000	26 688 000	21 977 000
Total Equity and Debt	70 238 000	62 638 000	65 886 000	49 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,88 %	13 %	29,78 %	40,07 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−19,22 %	6 %	12,37 %	17,06 %
Current Ratio	1,16	2,5	1,91	1,75
Quick Ratio	3,09	27,43	3,64	3,11
Equity Ratio	0,42	0,72	0,59	0,55
Gross Profit Margin	58,28 %	56,33 %	60,63 %	53,62 %