NORREIN AS

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

251,1 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	158 575 000	127 136 000	113 958 000	129 005 000
Net Income	95 612 000	71 319 000	65 231 000	75 267 000
Total Assets	267 897 000	265 945 000	188 309 000	122 238 000
Total Equity	38 077 000	227 465 000	156 146 000	90 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	158 575 000	127 136 000	113 958 000	129 005 000
Expenditure	40 463 000	37 085 000	31 966 000	34 205 000
Operating Profit	118 111 000	90 051 000	81 993 000	94 800 000
Financial Income	4 661 000	1 447 000	1 681 000	1 830 000
Financial Costs	46 000	11 000	11 000	50 000
Financial Balance	4 615 000	1 436 000	1 670 000	1 780 000
Earnings Before Tax	122 726 000	91 487 000	83 664 000	96 580 000
Tax	27 114 000	20 168 000	18 433 000	21 313 000
Net Income	95 612 000	71 319 000	65 231 000	75 267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 159 000	1 882 000	2 449 000	3 460 000
Total Current Assets	266 738 000	264 062 000	185 860 000	118 777 000
Total Assets	267 897 000	265 945 000	188 309 000	122 238 000
Total Retained Equity	24 055 000	213 442 000	142 124 000	76 893 000
Total Equity	38 077 000	227 465 000	156 146 000	90 915 000
Total Long-Term Debt	0	134 000	388 000	406 000
Total Current Debt	229 820 000	38 345 000	31 775 000	30 916 000
Total Equity and Debt	267 897 000	265 945 000	188 309 000	122 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 575 000	127 136 000	113 496 000	128 755 000
Other Income	0	0	463 000	250 000
Revenue	158 575 000	127 136 000	113 958 000	129 005 000
Cost of Goods Sold	24 000	57 000	24 000	26 000
Salary Costs	22 834 000	21 335 000	18 435 000	20 784 000
Depreciation	792 000	766 000	1 011 000	869 000
Impairment	0	0	0	0
Expenditure	40 463 000	37 085 000	31 966 000	34 205 000
Operating Profit	118 111 000	90 051 000	81 993 000	94 800 000
Financial Income	4 661 000	1 447 000	1 681 000	1 830 000
Financial Costs	46 000	11 000	11 000	50 000
Financial Balance	4 615 000	1 436 000	1 670 000	1 780 000
Dividends	180 000 000	0	0	0
Net Income	95 612 000	71 319 000	65 231 000	75 267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	972 000	1 765 000	2 332 000	3 342 000
Total Tangible Assets	972 000	1 765 000	2 332 000	3 342 000
Total Fiancial Fixed Assets	118 000	118 000	118 000	118 000
Total Fixed Assets	1 159 000	1 882 000	2 449 000	3 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 759 000	201 368 000	129 985 000	65 447 000
Total Current Assets	266 738 000	264 062 000	185 860 000	118 777 000
Total Assets	267 897 000	265 945 000	188 309 000	122 238 000
Total Equity	38 077 000	227 465 000	156 146 000	90 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	134 000	388 000	406 000
Creditors	8 544 000	5 897 000	3 326 000	1 823 000
Unpaid Taxes	8 344 000	7 431 000	6 214 000	5 049 000
Dividends	180 000 000	0	0	0
Other Current Debt	5 616 000	4 595 000	3 784 000	2 777 000
Total Current Debt	229 820 000	38 345 000	31 775 000	30 916 000
Total Equity and Debt	267 897 000	265 945 000	188 309 000	122 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	251,1 %	31,35 %	41,78 %	82,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,48 %	70,83 %	71,95 %	73,49 %
Current Ratio	1,16	6,89	5,85	3,84
Quick Ratio	1,16	6,89	5,85	3,84
Equity Ratio	0,14	0,86	0,83	0,74
Gross Profit Margin	99,98 %	99,96 %	99,98 %	99,98 %