NORSK INDUSTRISØM AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

4,39 %

Current Ratio

6,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	901 000	692 000	546 000	60 000
Net Income	24 000	164 000	219 000	40 000
Total Assets	639 000	633 000	435 000	174 000
Total Equity	547 000	523 000	359 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	901 000	692 000	546 000	60 000
Expenditure	879 000	482 000	265 000	9 000
Operating Profit	22 000	209 000	281 000	51 000
Financial Income	8 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	0	0
Earnings Before Tax	30 000	210 000	281 000	51 000
Tax	7 000	46 000	62 000	11 000
Net Income	24 000	164 000	219 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	169 000	102 000	0
Total Current Assets	584 000	464 000	332 000	174 000
Total Assets	639 000	633 000	435 000	174 000
Total Retained Equity	447 000	423 000	259 000	40 000
Total Equity	547 000	523 000	359 000	140 000
Total Long-Term Debt	0	4 000	1 000	0
Total Current Debt	92 000	105 000	74 000	34 000
Total Equity and Debt	639 000	633 000	435 000	174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	901 000	692 000	546 000	60 000
Other Income	0	0	0	0
Revenue	901 000	692 000	546 000	60 000
Cost of Goods Sold	521 000	260 000	108 000	0
Salary Costs	249 000	125 000	71 000	1 000
Depreciation	31 000	29 000	20 000	0
Impairment	0	0	0	0
Expenditure	879 000	482 000	265 000	9 000
Operating Profit	22 000	209 000	281 000	51 000
Financial Income	8 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	0	0
Dividends	0	0	0	0
Net Income	24 000	164 000	219 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	169 000	102 000	0
Total Tangible Assets	53 000	169 000	102 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	55 000	169 000	102 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	409 000	193 000	202 000	99 000
Total Current Assets	584 000	464 000	332 000	174 000
Total Assets	639 000	633 000	435 000	174 000
Total Equity	547 000	523 000	359 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	1 000	0
Creditors	50 000	15 000	2 000	9 000
Unpaid Taxes	5 000	34 000	4 000	14 000
Dividends	0	0	0	0
Other Current Debt	24 000	12 000	7 000	0
Total Current Debt	92 000	105 000	74 000	34 000
Total Equity and Debt	639 000	633 000	435 000	174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	31,36 %	61 %	28,57 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	2,44 %	30,2 %	51,47 %	85 %
Current Ratio	6,35	4,42	4,49	5,12
Quick Ratio	6,35	4,42	4,49	5,12
Equity Ratio	0,86	0,83	0,83	0,8
Gross Profit Margin	42,18 %	62,43 %	80,22 %	100 %