NEW BALANCE NORWAY AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

214,1 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 058 000	82 978 000	80 111 000	62 656 000
Net Income	21 145 000	15 246 000	5 805 000	1 603 000
Total Assets	32 630 000	37 210 000	21 282 000	16 105 000
Total Equity	9 876 000	23 731 000	8 486 000	2 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 058 000	82 978 000	80 111 000	62 656 000
Expenditure	94 705 000	63 760 000	73 884 000	59 170 000
Operating Profit	28 354 000	19 219 000	6 227 000	3 486 000
Financial Income	0	404 000	1 285 000	112 000
Financial Costs	1 185 000	0	0	1 508 000
Financial Balance	−1 185 000	404 000	1 285 000	−1 396 000
Earnings Before Tax	27 169 000	19 623 000	7 512 000	2 090 000
Tax	6 024 000	4 377 000	1 707 000	487 000
Net Income	21 145 000	15 246 000	5 805 000	1 603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	282 000	396 000	703 000	1 006 000
Total Current Assets	32 349 000	36 814 000	20 579 000	15 099 000
Total Assets	32 630 000	37 210 000	21 282 000	16 105 000
Total Retained Equity	9 846 000	23 701 000	8 456 000	2 650 000
Total Equity	9 876 000	23 731 000	8 486 000	2 680 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 754 000	13 479 000	12 797 000	13 425 000
Total Equity and Debt	32 630 000	37 210 000	21 282 000	16 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 058 000	82 978 000	80 111 000	62 656 000
Other Income	0	0	0	0
Revenue	123 058 000	82 978 000	80 111 000	62 656 000
Cost of Goods Sold	64 685 000	42 903 000	51 159 000	38 720 000
Salary Costs	3 104 000	3 090 000	2 381 000	2 607 000
Depreciation	336 000	307 000	327 000	56 000
Impairment	0	0	0	0
Expenditure	94 705 000	63 760 000	73 884 000	59 170 000
Operating Profit	28 354 000	19 219 000	6 227 000	3 486 000
Financial Income	0	404 000	1 285 000	112 000
Financial Costs	1 185 000	0	0	1 508 000
Financial Balance	−1 185 000	404 000	1 285 000	−1 396 000
Dividends	0	0	0	0
Net Income	21 145 000	15 246 000	5 805 000	1 603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	267 000	533 000	800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	258 000	106 000	146 000	206 000
Total Tangible Assets	258 000	106 000	146 000	206 000
Total Fiancial Fixed Assets	24 000	24 000	24 000	0
Total Fixed Assets	282 000	396 000	703 000	1 006 000
Stock	553 000	0	0	601 000
Total Investments	0	0	0	0
Cash, Bank	6 924 000	29 442 000	16 980 000	7 283 000
Total Current Assets	32 349 000	36 814 000	20 579 000	15 099 000
Total Assets	32 630 000	37 210 000	21 282 000	16 105 000
Total Equity	9 876 000	23 731 000	8 486 000	2 680 000
Short-Term Group Debt	0	0	3 278 000	7 822 000
Total Long-Term Debt	0	0	0	0
Creditors	407 000	576 000	1 195 000	233 000
Unpaid Taxes	5 839 000	1 728 000	2 763 000	1 838 000
Dividends	0	0	0	0
Other Current Debt	10 484 000	6 798 000	3 855 000	3 044 000
Total Current Debt	22 754 000	13 479 000	12 797 000	13 425 000
Total Equity and Debt	32 630 000	37 210 000	21 282 000	16 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	214,1 %	64,25 %	68,41 %	59,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,04 %	23,16 %	7,77 %	5,56 %
Current Ratio	1,42	2,73	1,61	1,12
Quick Ratio	1,46	2,73	1,61	1,18
Equity Ratio	0,3	0,64	0,4	0,17
Gross Profit Margin	47,44 %	48,3 %	36,14 %	38,2 %