NORLÅS AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

18,82 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 204 000	2 415 000	2 086 000	2 855 000
Net Income	−89 000	−385 000	−73 000	149 000
Total Assets	846 000	981 000	301 000	635 000
Total Equity	−473 000	−384 000	1 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 204 000	2 415 000	2 086 000	2 855 000
Expenditure	2 240 000	2 750 000	2 169 000	2 672 000
Operating Profit	−36 000	−335 000	−84 000	183 000
Financial Income	0	1 000	0	3 000
Financial Costs	52 000	42 000	9 000	25 000
Financial Balance	−52 000	−41 000	−9 000	−22 000
Earnings Before Tax	−89 000	−376 000	−93 000	162 000
Tax	0	9 000	−20 000	13 000
Net Income	−89 000	−385 000	−73 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	424 000	523 000	69 000	110 000
Total Current Assets	422 000	458 000	233 000	525 000
Total Assets	846 000	981 000	301 000	635 000
Total Retained Equity	−503 000	−414 000	−29 000	120 000
Total Equity	−473 000	−384 000	1 000	150 000
Total Long-Term Debt	419 000	490 000	0	0
Total Current Debt	900 000	876 000	300 000	484 000
Total Equity and Debt	846 000	981 000	301 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 204 000	2 411 000	2 077 000	2 854 000
Other Income	0	5 000	9 000	1 000
Revenue	2 204 000	2 415 000	2 086 000	2 855 000
Cost of Goods Sold	714 000	619 000	724 000	890 000
Salary Costs	691 000	1 288 000	518 000	686 000
Depreciation	83 000	90 000	46 000	38 000
Impairment	0	0	0	0
Expenditure	2 240 000	2 750 000	2 169 000	2 672 000
Operating Profit	−36 000	−335 000	−84 000	183 000
Financial Income	0	1 000	0	3 000
Financial Costs	52 000	42 000	9 000	25 000
Financial Balance	−52 000	−41 000	−9 000	−22 000
Dividends	0	0	0	120 000
Net Income	−89 000	−385 000	−73 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	424 000	489 000	60 000	106 000
Total Tangible Assets	424 000	489 000	60 000	106 000
Total Fiancial Fixed Assets	0	34 000	0	0
Total Fixed Assets	424 000	523 000	69 000	110 000
Stock	344 000	353 000	96 000	213 000
Total Investments	0	0	0	0
Cash, Bank	8 000	30 000	25 000	72 000
Total Current Assets	422 000	458 000	233 000	525 000
Total Assets	846 000	981 000	301 000	635 000
Total Equity	−473 000	−384 000	1 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	419 000	490 000	0	0
Creditors	184 000	155 000	106 000	138 000
Unpaid Taxes	128 000	189 000	56 000	85 000
Dividends	0	0	0	120 000
Other Current Debt	587 000	224 000	111 000	85 000
Total Current Debt	900 000	876 000	300 000	484 000
Total Equity and Debt	846 000	981 000	301 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,82 %	100,26 %	−7 300 %	99,33 %
Debt-to-Equity Ratio	−0,89	−1,28	0	0
Operating Profit Margin	−1,63 %	−13,87 %	−4,03 %	6,41 %
Current Ratio	0,47	0,52	0,78	1,08
Quick Ratio	0,76	0,88	1,14	1,94
Equity Ratio	−0,56	−0,39	0	0,24
Gross Profit Margin	67,6 %	74,37 %	65,29 %	68,83 %