NØRING HARDANGER AS

5610 ØYSTESE

Finances

Return on Equity

−53,47 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 690 000	2 386 000	2 372 000	3 137 000
Net Income	−77 000	55 000	83 000	−31 000
Total Assets	560 000	990 000	863 000	641 000
Total Equity	144 000	221 000	300 000	216 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 690 000	2 386 000	2 372 000	3 137 000
Expenditure	2 785 000	2 308 000	2 246 000	3 171 000
Operating Profit	−94 000	78 000	125 000	−35 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	8 000	19 000	5 000
Financial Balance	−5 000	−7 000	−19 000	−5 000
Earnings Before Tax	−99 000	70 000	107 000	−39 000
Tax	−22 000	15 000	23 000	−9 000
Net Income	−77 000	55 000	83 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	58 000	68 000	95 000
Total Current Assets	490 000	932 000	796 000	546 000
Total Assets	560 000	990 000	863 000	641 000
Total Retained Equity	−6 000	71 000	150 000	66 000
Total Equity	144 000	221 000	300 000	216 000
Total Long-Term Debt	0	80 000	200 000	0
Total Current Debt	415 000	689 000	364 000	424 000
Total Equity and Debt	560 000	990 000	863 000	641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 598 000	2 296 000	2 285 000	3 046 000
Other Income	93 000	90 000	87 000	91 000
Revenue	2 690 000	2 386 000	2 372 000	3 137 000
Cost of Goods Sold	653 000	588 000	670 000	634 000
Salary Costs	1 588 000	1 154 000	1 065 000	2 018 000
Depreciation	10 000	10 000	12 000	15 000
Impairment	0	0	0	0
Expenditure	2 785 000	2 308 000	2 246 000	3 171 000
Operating Profit	−94 000	78 000	125 000	−35 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	8 000	19 000	5 000
Financial Balance	−5 000	−7 000	−19 000	−5 000
Dividends	0	0	0	0
Net Income	−77 000	55 000	83 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	39 000	49 000	61 000
Total Tangible Assets	29 000	39 000	49 000	61 000
Total Fiancial Fixed Assets	19 000	19 000	19 000	15 000
Total Fixed Assets	70 000	58 000	68 000	95 000
Stock	233 000	303 000	254 000	342 000
Total Investments	0	0	0	0
Cash, Bank	145 000	518 000	463 000	−44 000
Total Current Assets	490 000	932 000	796 000	546 000
Total Assets	560 000	990 000	863 000	641 000
Total Equity	144 000	221 000	300 000	216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	80 000	200 000	0
Creditors	285 000	325 000	178 000	323 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	131 000	348 000	180 000	102 000
Total Current Debt	415 000	689 000	364 000	424 000
Total Equity and Debt	560 000	990 000	863 000	641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,47 %	24,89 %	27,67 %	−14,35 %
Debt-to-Equity Ratio	0	0,36	0,67	0
Operating Profit Margin	−3,49 %	3,27 %	5,27 %	−1,12 %
Current Ratio	1,18	1,35	2,19	1,29
Quick Ratio	2,69	2,41	7,24	6,66
Equity Ratio	0,26	0,22	0,35	0,34
Gross Profit Margin	75,72 %	75,36 %	71,75 %	79,79 %