NORELCO EIENDOM AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

12,6 %

Current Ratio

0,41

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	765 000	765 000	765 000	766 000
Net Income	311 000	306 000	369 000	431 000
Total Assets	6 418 000	3 205 000	4 239 000	4 006 000
Total Equity	2 468 000	2 448 000	2 467 000	2 482 000

Income (NOK)	2022	2021	2020	2019
Revenue	765 000	765 000	765 000	766 000
Expenditure	335 000	371 000	274 000	274 000
Operating Profit	430 000	394 000	491 000	491 000
Financial Income	1 000	0	0	0
Financial Costs	31 000	1 000	19 000	43 000
Financial Balance	−30 000	−1 000	−19 000	−43 000
Earnings Before Tax	399 000	393 000	473 000	449 000
Tax	88 000	86 000	104 000	18 000
Net Income	311 000	306 000	369 000	431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 626 000	3 049 000	3 160 000	3 271 000
Total Current Assets	792 000	157 000	1 079 000	734 000
Total Assets	6 418 000	3 205 000	4 239 000	4 006 000
Total Retained Equity	2 090 000	2 070 000	2 089 000	2 104 000
Total Equity	2 468 000	2 448 000	2 467 000	2 482 000
Total Long-Term Debt	2 021 000	49 000	429 000	647 000
Total Current Debt	1 929 000	708 000	1 343 000	877 000
Total Equity and Debt	6 418 000	3 205 000	4 239 000	4 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	728 000	728 000	728 000	19 000
Other Income	37 000	37 000	37 000	747 000
Revenue	765 000	765 000	765 000	766 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	137 000	111 000	111 000	111 000
Impairment	0	0	0	0
Expenditure	335 000	371 000	274 000	274 000
Operating Profit	430 000	394 000	491 000	491 000
Financial Income	1 000	0	0	0
Financial Costs	31 000	1 000	19 000	43 000
Financial Balance	−30 000	−1 000	−19 000	−43 000
Dividends	0	0	0	0
Net Income	311 000	306 000	369 000	431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 478 000	3 049 000	3 160 000	3 271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	148 000	0	0	0
Total Tangible Assets	5 626 000	3 049 000	3 160 000	3 271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 626 000	3 049 000	3 160 000	3 271 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	410 000	146 000	832 000	480 000
Total Current Assets	792 000	157 000	1 079 000	734 000
Total Assets	6 418 000	3 205 000	4 239 000	4 006 000
Total Equity	2 468 000	2 448 000	2 467 000	2 482 000
Short-Term Group Debt	991 000	617 000	1 303 000	812 000
Total Long-Term Debt	2 021 000	49 000	429 000	647 000
Creditors	911 000	41 000	9 000	35 000
Unpaid Taxes	0	22 000	28 000	25 000
Dividends	0	0	0	0
Other Current Debt	27 000	29 000	3 000	5 000
Total Current Debt	1 929 000	708 000	1 343 000	877 000
Total Equity and Debt	6 418 000	3 205 000	4 239 000	4 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,6 %	12,5 %	14,96 %	17,37 %
Debt-to-Equity Ratio	0,82	0,02	0,17	0,26
Operating Profit Margin	56,21 %	51,5 %	64,18 %	64,1 %
Current Ratio	0,41	0,22	0,8	0,84
Quick Ratio	0,41	0,22	0,8	0,84
Equity Ratio	0,38	0,76	0,58	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %