G. T. NØREN MASKIN AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

−14,45 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 256 000	2 527 000	3 220 000	1 908 000
Net Income	−136 000	−64 000	417 000	53 000
Total Assets	2 208 000	1 718 000	2 153 000	1 242 000
Total Equity	941 000	1 077 000	1 141 000	724 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 256 000	2 527 000	3 220 000	1 908 000
Expenditure	3 385 000	2 595 000	2 671 000	1 841 000
Operating Profit	−128 000	−69 000	549 000	68 000
Financial Income	1 000	6 000	4 000	4 000
Financial Costs	19 000	18 000	18 000	4 000
Financial Balance	−18 000	−12 000	−14 000	0
Earnings Before Tax	−147 000	−82 000	535 000	68 000
Tax	−11 000	−18 000	118 000	15 000
Net Income	−136 000	−64 000	417 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	740 000	810 000	850 000	169 000
Total Current Assets	1 468 000	908 000	1 302 000	1 073 000
Total Assets	2 208 000	1 718 000	2 153 000	1 242 000
Total Retained Equity	911 000	1 047 000	1 111 000	694 000
Total Equity	941 000	1 077 000	1 141 000	724 000
Total Long-Term Debt	299 000	393 000	500 000	136 000
Total Current Debt	968 000	248 000	512 000	382 000
Total Equity and Debt	2 208 000	1 718 000	2 153 000	1 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 256 000	2 527 000	3 220 000	1 908 000
Other Income	0	0	0	0
Revenue	3 256 000	2 527 000	3 220 000	1 908 000
Cost of Goods Sold	1 359 000	716 000	909 000	421 000
Salary Costs	732 000	739 000	772 000	641 000
Depreciation	135 000	133 000	86 000	32 000
Impairment	0	0	0	0
Expenditure	3 385 000	2 595 000	2 671 000	1 841 000
Operating Profit	−128 000	−69 000	549 000	68 000
Financial Income	1 000	6 000	4 000	4 000
Financial Costs	19 000	18 000	18 000	4 000
Financial Balance	−18 000	−12 000	−14 000	0
Dividends	0	0	0	0
Net Income	−136 000	−64 000	417 000	53 000

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	631 000	731 000	764 000	48 000
Fixtures	109 000	79 000	86 000	121 000
Total Tangible Assets	740 000	810 000	850 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	740 000	810 000	850 000	169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	158 000	510 000	405 000
Total Current Assets	1 468 000	908 000	1 302 000	1 073 000
Total Assets	2 208 000	1 718 000	2 153 000	1 242 000
Total Equity	941 000	1 077 000	1 141 000	724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	299 000	393 000	500 000	136 000
Creditors	705 000	143 000	210 000	242 000
Unpaid Taxes	170 000	38 000	153 000	70 000
Dividends	0	0	0	0
Other Current Debt	93 000	67 000	58 000	53 000
Total Current Debt	968 000	248 000	512 000	382 000
Total Equity and Debt	2 208 000	1 718 000	2 153 000	1 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,45 %	−5,94 %	36,55 %	7,32 %
Debt-to-Equity Ratio	0,32	0,36	0,44	0,19
Operating Profit Margin	−3,93 %	−2,73 %	17,05 %	3,56 %
Current Ratio	1,52	3,66	2,54	2,81
Quick Ratio	1,52	3,66	2,54	2,81
Equity Ratio	0,43	0,63	0,53	0,58
Gross Profit Margin	58,26 %	71,67 %	71,77 %	77,94 %