NORANETT ANDØY AS

8484 RISØYHAMN

Finances

Return on Equity

13,89 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 231 000	45 738 000	42 021 000	45 647 000
Net Income	13 848 000	2 183 000	−4 205 000	2 240 000
Total Assets	198 500 000	200 235 000	195 256 000	181 239 000
Total Equity	99 682 000	96 570 000	90 981 000	92 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 231 000	45 738 000	42 021 000	45 647 000
Expenditure	35 278 000	41 738 000	46 324 000	41 412 000
Operating Profit	15 953 000	4 000 000	−4 303 000	4 236 000
Financial Income	3 730 000	106 000	111 000	22 000
Financial Costs	1 910 000	1 291 000	1 177 000	1 405 000
Financial Balance	1 820 000	−1 185 000	−1 066 000	−1 383 000
Earnings Before Tax	17 772 000	2 816 000	−5 369 000	2 852 000
Tax	3 924 000	633 000	−1 164 000	613 000
Net Income	13 848 000	2 183 000	−4 205 000	2 240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 386 000	168 261 000	157 707 000	156 046 000
Total Current Assets	38 114 000	31 974 000	37 549 000	25 193 000
Total Assets	198 500 000	200 235 000	195 256 000	181 239 000
Total Retained Equity	12 913 000	2 183 000	0	0
Total Equity	99 682 000	96 570 000	90 981 000	92 177 000
Total Long-Term Debt	80 608 000	64 756 000	67 815 000	45 067 000
Total Current Debt	18 210 000	38 909 000	36 460 000	43 995 000
Total Equity and Debt	198 500 000	200 235 000	195 256 000	181 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 261 000	42 003 000	39 132 000	44 899 000
Other Income	2 970 000	3 735 000	2 889 000	748 000
Revenue	51 231 000	45 738 000	42 021 000	45 647 000
Cost of Goods Sold	3 084 000	6 985 000	9 236 000	10 126 000
Salary Costs	11 831 000	12 619 000	15 325 000	11 696 000
Depreciation	9 265 000	9 212 000	8 821 000	8 467 000
Impairment	0	0	0	0
Expenditure	35 278 000	41 738 000	46 324 000	41 412 000
Operating Profit	15 953 000	4 000 000	−4 303 000	4 236 000
Financial Income	3 730 000	106 000	111 000	22 000
Financial Costs	1 910 000	1 291 000	1 177 000	1 405 000
Financial Balance	1 820 000	−1 185 000	−1 066 000	−1 383 000
Dividends	0	0	0	0
Net Income	13 848 000	2 183 000	−4 205 000	2 240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	828 000	2 421 000	2 535 000
Real Eastate	16 646 000	21 944 000	9 806 000	6 648 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 658 000	16 598 000	18 044 000	17 217 000
Total Tangible Assets	159 539 000	166 587 000	154 440 000	152 452 000
Total Fiancial Fixed Assets	846 000	846 000	846 000	1 059 000
Total Fixed Assets	160 386 000	168 261 000	157 707 000	156 046 000
Stock	2 275 000	2 088 000	1 727 000	1 422 000
Total Investments	0	0	0	0
Cash, Bank	13 803 000	1 011 000	964 000	3 314 000
Total Current Assets	38 114 000	31 974 000	37 549 000	25 193 000
Total Assets	198 500 000	200 235 000	195 256 000	181 239 000
Total Equity	99 682 000	96 570 000	90 981 000	92 177 000
Short-Term Group Debt	3 998 000	7 886 000	11 229 000	0
Total Long-Term Debt	80 608 000	64 756 000	67 815 000	45 067 000
Creditors	6 113 000	12 126 000	5 069 000	4 182 000
Unpaid Taxes	854 000	961 000	924 000	823 000
Dividends	0	0	0	0
Other Current Debt	7 244 000	17 936 000	19 237 000	38 458 000
Total Current Debt	18 210 000	38 909 000	36 460 000	43 995 000
Total Equity and Debt	198 500 000	200 235 000	195 256 000	181 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,89 %	2,26 %	−4,62 %	2,43 %
Debt-to-Equity Ratio	0,81	0,67	0,75	0,49
Operating Profit Margin	31,14 %	8,75 %	−10,24 %	9,28 %
Current Ratio	2,09	0,82	1,03	0,57
Quick Ratio	2,39	0,87	1,08	0,59
Equity Ratio	0,5	0,48	0,47	0,51
Gross Profit Margin	93,98 %	84,73 %	78,02 %	77,82 %