NOREFJELL HYTTESENTER AS

3536 NORESUND

Finances

Return on Equity

−54,34 %

Current Ratio

4,22

Debt-to-Equity Ratio

3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 633 000	4 214 000	3 045 000	2 045 000
Net Income	−376 000	651 000	−125 000	−571 000
Total Assets	4 088 000	4 110 000	2 690 000	3 781 000
Total Equity	692 000	752 000	101 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 633 000	4 214 000	3 045 000	2 045 000
Expenditure	4 112 000	3 323 000	3 165 000	2 749 000
Operating Profit	−479 000	891 000	−121 000	−705 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	9 000	58 000	41 000	28 000
Financial Balance	−7 000	−57 000	−40 000	−27 000
Earnings Before Tax	−482 000	835 000	−161 000	−732 000
Tax	−106 000	184 000	−35 000	−161 000
Net Income	−376 000	651 000	−125 000	−571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	839 000	1 071 000	265 000	329 000
Total Current Assets	3 249 000	3 039 000	2 424 000	3 452 000
Total Assets	4 088 000	4 110 000	2 690 000	3 781 000
Total Retained Equity	346 000	722 000	71 000	81 000
Total Equity	692 000	752 000	101 000	111 000
Total Long-Term Debt	2 626 000	2 419 000	1 609 000	2 018 000
Total Current Debt	769 000	939 000	980 000	1 652 000
Total Equity and Debt	4 088 000	4 110 000	2 690 000	3 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 531 000	3 037 000	2 945 000	1 941 000
Other Income	102 000	1 177 000	101 000	104 000
Revenue	3 633 000	4 214 000	3 045 000	2 045 000
Cost of Goods Sold	3 122 000	2 602 000	2 251 000	2 101 000
Salary Costs	48 000	28 000	34 000	0
Depreciation	248 000	81 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	4 112 000	3 323 000	3 165 000	2 749 000
Operating Profit	−479 000	891 000	−121 000	−705 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	9 000	58 000	41 000	28 000
Financial Balance	−7 000	−57 000	−40 000	−27 000
Dividends	0	0	0	0
Net Income	−376 000	651 000	−125 000	−571 000

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	0	0	0	0
Fixtures	799 000	1 046 000	255 000	329 000
Total Tangible Assets	799 000	1 046 000	255 000	329 000
Total Fiancial Fixed Assets	40 000	25 000	10 000	0
Total Fixed Assets	839 000	1 071 000	265 000	329 000
Stock	487 000	938 000	539 000	688 000
Total Investments	0	0	0	10 000
Cash, Bank	518 000	806 000	794 000	1 246 000
Total Current Assets	3 249 000	3 039 000	2 424 000	3 452 000
Total Assets	4 088 000	4 110 000	2 690 000	3 781 000
Total Equity	692 000	752 000	101 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 626 000	2 419 000	1 609 000	2 018 000
Creditors	694 000	554 000	866 000	1 518 000
Unpaid Taxes	5 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	70 000	231 000	112 000	135 000
Total Current Debt	769 000	939 000	980 000	1 652 000
Total Equity and Debt	4 088 000	4 110 000	2 690 000	3 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,34 %	86,57 %	−123,76 %	−514,41 %
Debt-to-Equity Ratio	3,79	3,22	15,93	18,18
Operating Profit Margin	−13,18 %	21,14 %	−3,97 %	−34,47 %
Current Ratio	4,22	3,24	2,47	2,09
Quick Ratio	11,52	3 039	5,5	3,58
Equity Ratio	0,17	0,18	0,04	0,03
Gross Profit Margin	14,07 %	38,25 %	26,08 %	−2,74 %