NOR INDUSTRI GRUPPEN AS

4033 STAVANGER

Finances

Return on Equity

8,64 %

Current Ratio

1,09

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 551 000	3 673 000	3 368 000	3 196 000
Net Income	123 000	136 000	107 000	173 000
Total Assets	3 794 000	3 568 000	3 896 000	3 172 000
Total Equity	1 424 000	1 301 000	1 164 000	1 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 551 000	3 673 000	3 368 000	3 196 000
Expenditure	3 345 000	3 479 000	3 211 000	2 942 000
Operating Profit	206 000	194 000	157 000	254 000
Financial Income	22 000	22 000	22 000	10 000
Financial Costs	65 000	40 000	40 000	41 000
Financial Balance	−43 000	−18 000	−18 000	−31 000
Earnings Before Tax	162 000	176 000	139 000	222 000
Tax	39 000	40 000	32 000	50 000
Net Income	123 000	136 000	107 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 779 000	2 655 000	2 697 000	2 059 000
Total Current Assets	1 015 000	912 000	1 200 000	1 113 000
Total Assets	3 794 000	3 568 000	3 896 000	3 172 000
Total Retained Equity	1 285 000	1 162 000	1 025 000	919 000
Total Equity	1 424 000	1 301 000	1 164 000	1 058 000
Total Long-Term Debt	1 440 000	1 415 000	1 416 000	1 415 000
Total Current Debt	930 000	852 000	1 316 000	700 000
Total Equity and Debt	3 794 000	3 568 000	3 896 000	3 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 551 000	3 673 000	3 368 000	3 196 000
Other Income	0	0	0	0
Revenue	3 551 000	3 673 000	3 368 000	3 196 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 112 000	3 061 000	3 008 000	2 425 000
Depreciation	17 000	17 000	10 000	0
Impairment	0	0	0	0
Expenditure	3 345 000	3 479 000	3 211 000	2 942 000
Operating Profit	206 000	194 000	157 000	254 000
Financial Income	22 000	22 000	22 000	10 000
Financial Costs	65 000	40 000	40 000	41 000
Financial Balance	−43 000	−18 000	−18 000	−31 000
Dividends	0	0	0	0
Net Income	123 000	136 000	107 000	173 000

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	7 000	24 000	40 000	0
Total Tangible Assets	7 000	24 000	40 000	0
Total Fiancial Fixed Assets	2 771 000	2 632 000	2 657 000	2 059 000
Total Fixed Assets	2 779 000	2 655 000	2 697 000	2 059 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	281 000	231 000	556 000	418 000
Total Current Assets	1 015 000	912 000	1 200 000	1 113 000
Total Assets	3 794 000	3 568 000	3 896 000	3 172 000
Total Equity	1 424 000	1 301 000	1 164 000	1 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 440 000	1 415 000	1 416 000	1 415 000
Creditors	31 000	41 000	42 000	89 000
Unpaid Taxes	398 000	413 000	319 000	338 000
Dividends	0	0	0	0
Other Current Debt	501 000	357 000	946 000	224 000
Total Current Debt	930 000	852 000	1 316 000	700 000
Total Equity and Debt	3 794 000	3 568 000	3 896 000	3 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,64 %	10,45 %	9,19 %	16,35 %
Debt-to-Equity Ratio	1,01	1,09	1,22	1,34
Operating Profit Margin	5,8 %	5,28 %	4,66 %	7,95 %
Current Ratio	1,09	1,07	0,91	1,59
Quick Ratio	1,09	1,07	0,91	1,59
Equity Ratio	0,38	0,36	0,3	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %