NOORSØM GROUP NORGE AS

1351 RUD

Finances

Share Ownership

Return on Equity

2 316,67 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 289 000	4 077 000	4 199 000	3 278 000
Net Income	695 000	705 000	537 000	238 000
Total Assets	1 114 000	1 139 000	1 033 000	518 000
Total Equity	30 000	30 000	796 000	259 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 289 000	4 077 000	4 199 000	3 278 000
Expenditure	3 423 000	3 163 000	3 457 000	2 978 000
Operating Profit	866 000	914 000	742 000	300 000
Financial Income	25 000	10 000	4 000	4 000
Financial Costs	0	20 000	59 000	0
Financial Balance	25 000	−10 000	−55 000	4 000
Earnings Before Tax	891 000	904 000	687 000	304 000
Tax	196 000	199 000	150 000	66 000
Net Income	695 000	705 000	537 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	0	0
Total Current Assets	1 112 000	1 138 000	1 033 000	518 000
Total Assets	1 114 000	1 139 000	1 033 000	518 000
Total Retained Equity	11 000	11 000	777 000	240 000
Total Equity	30 000	30 000	796 000	259 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	1 084 000	1 109 000	236 000	259 000
Total Equity and Debt	1 114 000	1 139 000	1 033 000	518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 289 000	4 077 000	4 199 000	3 278 000
Other Income	0	0	0	0
Revenue	4 289 000	4 077 000	4 199 000	3 278 000
Cost of Goods Sold	1 944 000	1 666 000	2 082 000	1 603 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 423 000	3 163 000	3 457 000	2 978 000
Operating Profit	866 000	914 000	742 000	300 000
Financial Income	25 000	10 000	4 000	4 000
Financial Costs	0	20 000	59 000	0
Financial Balance	25 000	−10 000	−55 000	4 000
Dividends	695 000	694 000	0	0
Net Income	695 000	705 000	537 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	1 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	873 000	295 000	791 000	0
Total Current Assets	1 112 000	1 138 000	1 033 000	518 000
Total Assets	1 114 000	1 139 000	1 033 000	518 000
Total Equity	30 000	30 000	796 000	259 000
Short-Term Group Debt	0	0	0	42 000
Total Long-Term Debt	0	0	1 000	0
Creditors	0	5 000	9 000	17 000
Unpaid Taxes	193 000	209 000	62 000	134 000
Dividends	695 000	694 000	0	0
Other Current Debt	0	0	16 000	0
Total Current Debt	1 084 000	1 109 000	236 000	259 000
Total Equity and Debt	1 114 000	1 139 000	1 033 000	518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 316,67 %	2 350 %	67,46 %	91,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,19 %	22,42 %	17,67 %	9,15 %
Current Ratio	1,03	1,03	4,38	2
Quick Ratio	1,03	1,03	4,38	2
Equity Ratio	0,03	0,03	0,77	0,5
Gross Profit Margin	54,67 %	59,14 %	50,42 %	51,1 %