NORGES GROUP AS

2953 BEITOSTØLEN

Finances

Share Ownership

Return on Equity

78,38 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	385 000	437 000	486 000
Net Income	29 000	13 000	1 000	25 000
Total Assets	143 000	194 000	227 000	255 000
Total Equity	37 000	8 000	−5 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	385 000	437 000	486 000
Expenditure	297 000	371 000	435 000	462 000
Operating Profit	53 000	14 000	2 000	25 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	−1 000	0
Earnings Before Tax	51 000	14 000	1 000	25 000
Tax	21 000	1 000	0	0
Net Income	29 000	13 000	1 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	90 000	153 000	197 000
Total Current Assets	93 000	104 000	74 000	58 000
Total Assets	143 000	194 000	227 000	255 000
Total Retained Equity	16 000	−13 000	−27 000	−28 000
Total Equity	37 000	8 000	−5 000	−6 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	102 000	186 000	232 000	261 000
Total Equity and Debt	143 000	194 000	227 000	255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 000	385 000	437 000	486 000
Other Income	0	0	0	0
Revenue	350 000	385 000	437 000	486 000
Cost of Goods Sold	0	2 000	1 000	0
Salary Costs	127 000	134 000	204 000	204 000
Depreciation	40 000	62 000	68 000	63 000
Impairment	0	0	0	0
Expenditure	297 000	371 000	435 000	462 000
Operating Profit	53 000	14 000	2 000	25 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	29 000	13 000	1 000	25 000

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	50 000	90 000	153 000	197 000
Fixtures	0	0	0	0
Total Tangible Assets	50 000	90 000	153 000	197 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	90 000	153 000	197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	31 000	32 000	30 000
Total Current Assets	93 000	104 000	74 000	58 000
Total Assets	143 000	194 000	227 000	255 000
Total Equity	37 000	8 000	−5 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	5 000	29 000	34 000	28 000
Unpaid Taxes	19 000	18 000	13 000	7 000
Dividends	0	0	0	0
Other Current Debt	61 000	139 000	185 000	225 000
Total Current Debt	102 000	186 000	232 000	261 000
Total Equity and Debt	143 000	194 000	227 000	255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,38 %	162,5 %	−20 %	−416,67 %
Debt-to-Equity Ratio	0,11	0	−0	−0
Operating Profit Margin	15,14 %	3,64 %	0,46 %	5,14 %
Current Ratio	0,91	0,56	0,32	0,22
Quick Ratio	0,91	0,56	0,32	0,22
Equity Ratio	0,26	0,04	−0,02	−0,02
Gross Profit Margin	100 %	99,48 %	99,77 %	100 %