NOR OIL TOOLS AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

−21,44 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 741 000	6 212 000	2 450 000	2 034 000
Net Income	−703 000	1 351 000	−254 000	−330 000
Total Assets	6 548 000	7 048 000	7 010 000	4 205 000
Total Equity	3 279 000	3 981 000	2 630 000	2 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 741 000	6 212 000	2 450 000	2 034 000
Expenditure	6 282 000	4 698 000	2 571 000	2 336 000
Operating Profit	−542 000	1 511 000	−118 000	−301 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	164 000	160 000	138 000	31 000
Financial Balance	−161 000	−160 000	−136 000	−29 000
Earnings Before Tax	−703 000	1 351 000	−254 000	−330 000
Tax	0	0	0	0
Net Income	−703 000	1 351 000	−254 000	−330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 678 000	5 963 000	5 042 000	2 973 000
Total Current Assets	869 000	1 085 000	1 968 000	1 232 000
Total Assets	6 548 000	7 048 000	7 010 000	4 205 000
Total Retained Equity	−1 320 000	−617 000	−1 968 000	−1 714 000
Total Equity	3 279 000	3 981 000	2 630 000	2 884 000
Total Long-Term Debt	2 570 000	2 135 000	2 618 000	889 000
Total Current Debt	699 000	932 000	1 761 000	432 000
Total Equity and Debt	6 548 000	7 048 000	7 010 000	4 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 741 000	6 212 000	2 450 000	2 034 000
Other Income	0	0	0	0
Revenue	5 741 000	6 212 000	2 450 000	2 034 000
Cost of Goods Sold	160 000	139 000	87 000	414 000
Salary Costs	3 124 000	2 693 000	1 258 000	1 020 000
Depreciation	1 688 000	1 102 000	585 000	296 000
Impairment	23 000	0	0	0
Expenditure	6 282 000	4 698 000	2 571 000	2 336 000
Operating Profit	−542 000	1 511 000	−118 000	−301 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	164 000	160 000	138 000	31 000
Financial Balance	−161 000	−160 000	−136 000	−29 000
Dividends	0	0	0	0
Net Income	−703 000	1 351 000	−254 000	−330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 020 000	962 000	5 023 000	2 973 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 613 000	4 988 000	0	0
Fixtures	45 000	14 000	18 000	0
Total Tangible Assets	4 658 000	5 002 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 678 000	5 963 000	5 042 000	2 973 000
Stock	42 000	0	4 000	0
Total Investments	0	0	0	0
Cash, Bank	712 000	494 000	665 000	730 000
Total Current Assets	869 000	1 085 000	1 968 000	1 232 000
Total Assets	6 548 000	7 048 000	7 010 000	4 205 000
Total Equity	3 279 000	3 981 000	2 630 000	2 884 000
Short-Term Group Debt	0	0	0	4 000
Total Long-Term Debt	2 570 000	2 135 000	2 618 000	889 000
Creditors	71 000	94 000	1 092 000	206 000
Unpaid Taxes	255 000	194 000	87 000	63 000
Dividends	0	0	0	0
Other Current Debt	373 000	644 000	583 000	160 000
Total Current Debt	699 000	932 000	1 761 000	432 000
Total Equity and Debt	6 548 000	7 048 000	7 010 000	4 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,44 %	33,94 %	−9,66 %	−11,44 %
Debt-to-Equity Ratio	0,78	0,54	1	0,31
Operating Profit Margin	−9,44 %	24,32 %	−4,82 %	−14,8 %
Current Ratio	1,24	1,16	1,12	2,85
Quick Ratio	1,32	1,16	1,12	2,85
Equity Ratio	0,5	0,56	0,38	0,69
Gross Profit Margin	97,21 %	97,76 %	96,45 %	79,65 %