NORNES IT AS

1412 SOFIEMYR

Finances

Return on Equity

16,63 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 891 000	1 808 000	1 787 000	1 733 000
Net Income	227 000	276 000	258 000	235 000
Total Assets	1 760 000	1 518 000	1 241 000	972 000
Total Equity	1 365 000	1 139 000	863 000	605 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 891 000	1 808 000	1 787 000	1 733 000
Expenditure	1 511 000	1 494 000	1 457 000	1 432 000
Operating Profit	380 000	315 000	330 000	301 000
Financial Income	0	31 000	0	0
Financial Costs	70 000	0	0	0
Financial Balance	−70 000	31 000	0	0
Earnings Before Tax	310 000	345 000	330 000	301 000
Tax	84 000	69 000	73 000	66 000
Net Income	227 000	276 000	258 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	125 000	125 000	125 000
Total Current Assets	1 174 000	1 393 000	1 116 000	847 000
Total Assets	1 760 000	1 518 000	1 241 000	972 000
Total Retained Equity	1 335 000	1 109 000	833 000	575 000
Total Equity	1 365 000	1 139 000	863 000	605 000
Total Long-Term Debt	0	0	2 000	2 000
Total Current Debt	394 000	379 000	376 000	365 000
Total Equity and Debt	1 760 000	1 518 000	1 241 000	972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 891 000	1 808 000	1 787 000	1 733 000
Other Income	0	0	0	0
Revenue	1 891 000	1 808 000	1 787 000	1 733 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 412 000	1 406 000	1 389 000	1 382 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 511 000	1 494 000	1 457 000	1 432 000
Operating Profit	380 000	315 000	330 000	301 000
Financial Income	0	31 000	0	0
Financial Costs	70 000	0	0	0
Financial Balance	−70 000	31 000	0	0
Dividends	0	0	0	0
Net Income	227 000	276 000	258 000	235 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	585 000	125 000	125 000	125 000
Total Fixed Assets	585 000	125 000	125 000	125 000
Stock	0	0	0	0
Total Investments	0	530 000	0	0
Cash, Bank	986 000	691 000	722 000	476 000
Total Current Assets	1 174 000	1 393 000	1 116 000	847 000
Total Assets	1 760 000	1 518 000	1 241 000	972 000
Total Equity	1 365 000	1 139 000	863 000	605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	2 000
Creditors	12 000	14 000	11 000	11 000
Unpaid Taxes	159 000	171 000	170 000	166 000
Dividends	0	0	0	0
Other Current Debt	140 000	122 000	122 000	122 000
Total Current Debt	394 000	379 000	376 000	365 000
Total Equity and Debt	1 760 000	1 518 000	1 241 000	972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,63 %	24,23 %	29,9 %	38,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,1 %	17,42 %	18,47 %	17,37 %
Current Ratio	2,98	3,68	2,97	2,32
Quick Ratio	2,98	3,68	2,97	2,32
Equity Ratio	0,78	0,75	0,7	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %