NORANETT HADSEL AS

8450 STOKMARKNES

Finances

Return on Equity

10,34 %

Current Ratio

1,86

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 509 000	70 686 000	66 069 000	67 129 000
Net Income	12 882 000	11 152 000	4 221 000	2 740 000
Total Assets	422 709 000	437 501 000	365 828 000	316 220 000
Total Equity	124 558 000	111 676 000	100 673 000	96 979 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 509 000	70 686 000	66 069 000	67 129 000
Expenditure	53 799 000	51 340 000	56 612 000	58 852 000
Operating Profit	23 710 000	19 346 000	9 457 000	8 278 000
Financial Income	1 120 000	167 000	135 000	233 000
Financial Costs	8 315 000	5 164 000	4 160 000	4 991 000
Financial Balance	−7 195 000	−4 997 000	−4 025 000	−4 758 000
Earnings Before Tax	16 515 000	14 349 000	5 431 000	3 520 000
Tax	3 633 000	3 197 000	1 210 000	780 000
Net Income	12 882 000	11 152 000	4 221 000	2 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	386 900 000	381 487 000	314 604 000	276 781 000
Total Current Assets	35 809 000	56 014 000	51 225 000	39 438 000
Total Assets	422 709 000	437 501 000	365 828 000	316 220 000
Total Retained Equity	79 378 000	66 496 000	55 493 000	51 798 000
Total Equity	124 558 000	111 676 000	100 673 000	96 979 000
Total Long-Term Debt	278 887 000	210 254 000	222 986 000	195 942 000
Total Current Debt	19 263 000	115 570 000	42 169 000	23 299 000
Total Equity and Debt	422 709 000	437 501 000	365 828 000	316 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 959 000	63 714 000	61 704 000	61 582 000
Other Income	4 549 000	6 972 000	4 365 000	5 547 000
Revenue	77 509 000	70 686 000	66 069 000	67 129 000
Cost of Goods Sold	3 878 000	8 841 000	11 886 000	13 991 000
Salary Costs	13 140 000	10 435 000	10 774 000	13 280 000
Depreciation	18 917 000	16 504 000	17 097 000	14 412 000
Impairment	0	0	0	0
Expenditure	53 799 000	51 340 000	56 612 000	58 852 000
Operating Profit	23 710 000	19 346 000	9 457 000	8 278 000
Financial Income	1 120 000	167 000	135 000	233 000
Financial Costs	8 315 000	5 164 000	4 160 000	4 991 000
Financial Balance	−7 195 000	−4 997 000	−4 025 000	−4 758 000
Dividends	0	0	0	0
Net Income	12 882 000	11 152 000	4 221 000	2 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 005 000	57 950 000	60 149 000	228 511 000
Machinery and Plant Facilities	313 188 000	303 484 000	236 473 000	30 118 000
Fixtures	12 749 000	15 010 000	15 780 000	16 723 000
Total Tangible Assets	380 943 000	376 445 000	312 402 000	275 353 000
Total Fiancial Fixed Assets	5 957 000	5 042 000	2 202 000	1 428 000
Total Fixed Assets	386 900 000	381 487 000	314 604 000	276 781 000
Stock	1 963 000	1 880 000	2 488 000	2 856 000
Total Investments	0	0	0	0
Cash, Bank	7 876 000	290 000	521 000	6 626 000
Total Current Assets	35 809 000	56 014 000	51 225 000	39 438 000
Total Assets	422 709 000	437 501 000	365 828 000	316 220 000
Total Equity	124 558 000	111 676 000	100 673 000	96 979 000
Short-Term Group Debt	5 295 000	7 772 000	4 849 000	4 149 000
Total Long-Term Debt	278 887 000	210 254 000	222 986 000	195 942 000
Creditors	10 837 000	14 042 000	26 014 000	10 731 000
Unpaid Taxes	1 149 000	1 019 000	946 000	1 028 000
Dividends	0	0	0	0
Other Current Debt	1 982 000	9 550 000	10 360 000	7 391 000
Total Current Debt	19 263 000	115 570 000	42 169 000	23 299 000
Total Equity and Debt	422 709 000	437 501 000	365 828 000	316 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,34 %	9,99 %	4,19 %	2,83 %
Debt-to-Equity Ratio	2,24	1,88	2,21	2,02
Operating Profit Margin	30,59 %	27,37 %	14,31 %	12,33 %
Current Ratio	1,86	0,48	1,21	1,69
Quick Ratio	2,07	0,49	1,29	1,93
Equity Ratio	0,29	0,26	0,28	0,31
Gross Profit Margin	95 %	87,49 %	82,01 %	79,16 %