NORCAR AS

1789 BERG I ØSTFOLD

Finances

Share Ownership

Return on Equity

91,08 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 376 217 000	1 163 271 000	655 008 000	264 127 000
Net Income	63 511 000	45 648 000	20 487 000	8 372 000
Total Assets	188 780 000	127 169 000	77 578 000	25 228 000
Total Equity	69 729 000	46 268 000	23 136 000	2 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 376 217 000	1 163 271 000	655 008 000	264 127 000
Expenditure	1 301 191 000	1 098 911 000	631 485 000	253 000 000
Operating Profit	75 026 000	64 360 000	23 521 000	11 128 000
Financial Income	10 712 000	5 487 000	4 682 000	747 000
Financial Costs	4 286 000	11 320 000	2 568 000	494 000
Financial Balance	6 426 000	−5 833 000	2 114 000	253 000
Earnings Before Tax	81 453 000	58 528 000	25 635 000	11 381 000
Tax	17 942 000	12 879 000	5 148 000	3 009 000
Net Income	63 511 000	45 648 000	20 487 000	8 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 450 000	4 221 000	3 825 000	1 314 000
Total Current Assets	184 329 000	122 949 000	73 753 000	23 914 000
Total Assets	188 780 000	127 169 000	77 578 000	25 228 000
Total Retained Equity	69 429 000	45 968 000	22 836 000	2 354 000
Total Equity	69 729 000	46 268 000	23 136 000	2 654 000
Total Long-Term Debt	10 000 000	10 000 000	6 512 000	2 317 000
Total Current Debt	109 051 000	70 902 000	47 931 000	20 257 000
Total Equity and Debt	188 780 000	127 169 000	77 578 000	25 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 375 715 000	1 162 454 000	658 032 000	264 145 000
Other Income	502 000	817 000	−3 024 000	−18 000
Revenue	1 376 217 000	1 163 271 000	655 008 000	264 127 000
Cost of Goods Sold	1 284 740 000	1 082 504 000	621 739 000	247 183 000
Salary Costs	7 293 000	5 855 000	2 473 000	1 532 000
Depreciation	381 000	459 000	425 000	138 000
Impairment	0	0	0	0
Expenditure	1 301 191 000	1 098 911 000	631 485 000	253 000 000
Operating Profit	75 026 000	64 360 000	23 521 000	11 128 000
Financial Income	10 712 000	5 487 000	4 682 000	747 000
Financial Costs	4 286 000	11 320 000	2 568 000	494 000
Financial Balance	6 426 000	−5 833 000	2 114 000	253 000
Dividends	40 050 000	0	0	6 000 000
Net Income	63 511 000	45 648 000	20 487 000	8 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 087 000	1 872 000	1 180 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	254 000	188 000	186 000	89 000
Fixtures	2 109 000	2 160 000	2 460 000	1 225 000
Total Tangible Assets	2 363 000	2 348 000	2 645 000	1 314 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 450 000	4 221 000	3 825 000	1 314 000
Stock	4 473 000	8 038 000	5 152 000	497 000
Total Investments	0	0	0	0
Cash, Bank	129 510 000	48 945 000	28 264 000	16 708 000
Total Current Assets	184 329 000	122 949 000	73 753 000	23 914 000
Total Assets	188 780 000	127 169 000	77 578 000	25 228 000
Total Equity	69 729 000	46 268 000	23 136 000	2 654 000
Short-Term Group Debt	27 000	27 000	7 000	10 000
Total Long-Term Debt	10 000 000	10 000 000	6 512 000	2 317 000
Creditors	25 380 000	36 848 000	21 955 000	1 832 000
Unpaid Taxes	1 440 000	238 000	8 443 000	7 791 000
Dividends	40 050 000	0	0	6 000 000
Other Current Debt	23 997 000	8 101 000	11 150 000	1 667 000
Total Current Debt	109 051 000	70 902 000	47 931 000	20 257 000
Total Equity and Debt	188 780 000	127 169 000	77 578 000	25 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,08 %	98,66 %	88,55 %	315,45 %
Debt-to-Equity Ratio	0,14	0,22	0,28	0,87
Operating Profit Margin	5,45 %	5,53 %	3,59 %	4,21 %
Current Ratio	1,69	1,73	1,54	1,18
Quick Ratio	1,76	1,96	1,72	1,21
Equity Ratio	0,37	0,36	0,3	0,11
Gross Profit Margin	6,65 %	6,94 %	5,08 %	6,42 %