NOR SOLUTION AS

9018 TROMSØ

Finances

Return on Equity

69,23 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 687 000	10 301 000	6 618 000	2 270 000
Net Income	99 000	56 000	267 000	−309 000
Total Assets	2 680 000	1 974 000	1 254 000	994 000
Total Equity	143 000	44 000	−12 000	−279 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 687 000	10 301 000	6 618 000	2 270 000
Expenditure	12 471 000	10 190 000	6 239 000	2 635 000
Operating Profit	216 000	112 000	379 000	−365 000
Financial Income	14 000	12 000	0	0
Financial Costs	81 000	48 000	35 000	30 000
Financial Balance	−67 000	−36 000	−35 000	−30 000
Earnings Before Tax	149 000	75 000	344 000	−395 000
Tax	50 000	20 000	76 000	−86 000
Net Income	99 000	56 000	267 000	−309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	531 000	453 000	537 000
Total Current Assets	2 551 000	1 444 000	801 000	457 000
Total Assets	2 680 000	1 974 000	1 254 000	994 000
Total Retained Equity	113 000	14 000	−42 000	−309 000
Total Equity	143 000	44 000	−12 000	−279 000
Total Long-Term Debt	0	414 000	376 000	471 000
Total Current Debt	2 537 000	1 516 000	890 000	801 000
Total Equity and Debt	2 680 000	1 974 000	1 254 000	994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 677 000	10 286 000	6 617 000	2 269 000
Other Income	10 000	15 000	1 000	0
Revenue	12 687 000	10 301 000	6 618 000	2 270 000
Cost of Goods Sold	6 410 000	5 638 000	3 484 000	1 192 000
Salary Costs	3 786 000	2 805 000	1 849 000	1 069 000
Depreciation	72 000	94 000	78 000	19 000
Impairment	0	0	0	0
Expenditure	12 471 000	10 190 000	6 239 000	2 635 000
Operating Profit	216 000	112 000	379 000	−365 000
Financial Income	14 000	12 000	0	0
Financial Costs	81 000	48 000	35 000	30 000
Financial Balance	−67 000	−36 000	−35 000	−30 000
Dividends	0	0	0	0
Net Income	99 000	56 000	267 000	−309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	55 000	65 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	404 000	373 000	451 000
Total Tangible Assets	0	404 000	373 000	451 000
Total Fiancial Fixed Assets	0	71 000	16 000	0
Total Fixed Assets	129 000	531 000	453 000	537 000
Stock	1 371 000	857 000	518 000	244 000
Total Investments	0	0	0	0
Cash, Bank	271 000	116 000	58 000	73 000
Total Current Assets	2 551 000	1 444 000	801 000	457 000
Total Assets	2 680 000	1 974 000	1 254 000	994 000
Total Equity	143 000	44 000	−12 000	−279 000
Short-Term Group Debt	0	1 000	0	0
Total Long-Term Debt	0	414 000	376 000	471 000
Creditors	1 146 000	865 000	725 000	305 000
Unpaid Taxes	539 000	308 000	163 000	148 000
Dividends	0	0	0	0
Other Current Debt	405 000	320 000	181 000	82 000
Total Current Debt	2 537 000	1 516 000	890 000	801 000
Total Equity and Debt	2 680 000	1 974 000	1 254 000	994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,23 %	127,27 %	−2 225 %	110,75 %
Debt-to-Equity Ratio	0	9,41	−31,33	−1,69
Operating Profit Margin	1,7 %	1,09 %	5,73 %	−16,08 %
Current Ratio	1,01	0,95	0,9	0,57
Quick Ratio	2,19	2,19	2,15	0,82
Equity Ratio	0,05	0,02	−0,01	−0,28
Gross Profit Margin	49,48 %	45,27 %	47,36 %	47,49 %