NOREL TRANSPORT AS

1283 OSLO

Finances

Share Ownership

Return on Equity

59,34 %

Current Ratio

1,14

Debt-to-Equity Ratio

−7,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 104 000	4 940 000	3 519 000	3 873 000
Net Income	−54 000	108 000	327 000	−244 000
Total Assets	1 260 000	1 460 000	709 000	868 000
Total Equity	−91 000	−38 000	−146 000	−472 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 104 000	4 940 000	3 519 000	3 873 000
Expenditure	5 114 000	4 819 000	3 157 000	4 092 000
Operating Profit	−11 000	120 000	362 000	−219 000
Financial Income	0	14 000	8 000	0
Financial Costs	43 000	27 000	44 000	26 000
Financial Balance	−43 000	−13 000	−36 000	−26 000
Earnings Before Tax	−54 000	108 000	327 000	−244 000
Tax	0	0	0	0
Net Income	−54 000	108 000	327 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	484 000	637 000	200 000	725 000
Total Current Assets	776 000	822 000	509 000	143 000
Total Assets	1 260 000	1 460 000	709 000	868 000
Total Retained Equity	−151 000	−98 000	−206 000	−532 000
Total Equity	−91 000	−38 000	−146 000	−472 000
Total Long-Term Debt	673 000	850 000	409 000	1 067 000
Total Current Debt	678 000	647 000	445 000	274 000
Total Equity and Debt	1 260 000	1 460 000	709 000	868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 079 000	4 710 000	3 405 000	3 873 000
Other Income	25 000	229 000	114 000	0
Revenue	5 104 000	4 940 000	3 519 000	3 873 000
Cost of Goods Sold	2 415 000	2 838 000	1 639 000	1 642 000
Salary Costs	1 813 000	1 175 000	968 000	1 257 000
Depreciation	153 000	201 000	63 000	229 000
Impairment	0	0	0	0
Expenditure	5 114 000	4 819 000	3 157 000	4 092 000
Operating Profit	−11 000	120 000	362 000	−219 000
Financial Income	0	14 000	8 000	0
Financial Costs	43 000	27 000	44 000	26 000
Financial Balance	−43 000	−13 000	−36 000	−26 000
Dividends	0	0	0	0
Net Income	−54 000	108 000	327 000	−244 000

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	484 000	637 000	50 000	527 000
Fixtures	0	0	150 000	198 000
Total Tangible Assets	484 000	637 000	200 000	725 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	484 000	637 000	200 000	725 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	147 000	85 000	94 000
Total Current Assets	776 000	822 000	509 000	143 000
Total Assets	1 260 000	1 460 000	709 000	868 000
Total Equity	−91 000	−38 000	−146 000	−472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	673 000	850 000	409 000	1 067 000
Creditors	296 000	228 000	127 000	95 000
Unpaid Taxes	178 000	281 000	232 000	62 000
Dividends	0	0	0	0
Other Current Debt	204 000	138 000	86 000	116 000
Total Current Debt	678 000	647 000	445 000	274 000
Total Equity and Debt	1 260 000	1 460 000	709 000	868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,34 %	−284,21 %	−223,97 %	51,69 %
Debt-to-Equity Ratio	−7,4	−22,37	−2,8	−2,26
Operating Profit Margin	−0,22 %	2,43 %	10,29 %	−5,65 %
Current Ratio	1,14	1,27	1,14	0,52
Quick Ratio	1,14	1,27	1,14	0,52
Equity Ratio	−0,07	−0,03	−0,21	−0,54
Gross Profit Margin	52,68 %	42,55 %	53,42 %	57,6 %