NORENG INVEST AS

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

93,08 %

Current Ratio

1,07

Debt-to-Equity Ratio

10,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 011 000	1 060 000	656 000	509 000
Net Income	1 224 000	30 000	2 000	23 000
Total Assets	15 135 000	14 082 000	11 434 000	7 942 000
Total Equity	1 315 000	91 000	61 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 011 000	1 060 000	656 000	509 000
Expenditure	938 000	726 000	431 000	280 000
Operating Profit	2 073 000	335 000	225 000	230 000
Financial Income	1 000	0	0	0
Financial Costs	501 000	297 000	222 000	200 000
Financial Balance	−500 000	−297 000	−222 000	−200 000
Earnings Before Tax	1 573 000	38 000	3 000	30 000
Tax	349 000	8 000	1 000	7 000
Net Income	1 224 000	30 000	2 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 696 000	13 895 000	10 803 000	7 869 000
Total Current Assets	439 000	188 000	632 000	73 000
Total Assets	15 135 000	14 082 000	11 434 000	7 942 000
Total Retained Equity	1 285 000	61 000	31 000	29 000
Total Equity	1 315 000	91 000	61 000	59 000
Total Long-Term Debt	13 409 000	12 963 000	11 343 000	7 868 000
Total Current Debt	411 000	1 028 000	31 000	16 000
Total Equity and Debt	15 135 000	14 082 000	11 434 000	7 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	376 000	91 000	0	0
Other Income	2 635 000	969 000	656 000	509 000
Revenue	3 011 000	1 060 000	656 000	509 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	0	0	0
Depreciation	15 000	17 000	17 000	9 000
Impairment	0	0	0	0
Expenditure	938 000	726 000	431 000	280 000
Operating Profit	2 073 000	335 000	225 000	230 000
Financial Income	1 000	0	0	0
Financial Costs	501 000	297 000	222 000	200 000
Financial Balance	−500 000	−297 000	−222 000	−200 000
Dividends	0	0	0	0
Net Income	1 224 000	30 000	2 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	6 000	3 000
Real Eastate	14 696 000	13 885 000	10 796 000	7 867 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 696 000	13 885 000	10 796 000	7 867 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 696 000	13 895 000	10 803 000	7 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	395 000	97 000	632 000	73 000
Total Current Assets	439 000	188 000	632 000	73 000
Total Assets	15 135 000	14 082 000	11 434 000	7 942 000
Total Equity	1 315 000	91 000	61 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 409 000	12 963 000	11 343 000	7 868 000
Creditors	61 000	21 000	25 000	7 000
Unpaid Taxes	12 000	17 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	978 000	2 000	0
Total Current Debt	411 000	1 028 000	31 000	16 000
Total Equity and Debt	15 135 000	14 082 000	11 434 000	7 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,08 %	32,97 %	3,28 %	38,98 %
Debt-to-Equity Ratio	10,2	142,45	185,95	133,36
Operating Profit Margin	68,85 %	31,6 %	34,3 %	45,19 %
Current Ratio	1,07	0,18	20,39	4,56
Quick Ratio	1,07	0,18	20,39	4,56
Equity Ratio	0,09	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %