NORARM AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

69,51 %

Current Ratio

3,68

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 329 000	2 951 000	418 000	0
Net Income	643 000	−267 000	30 000	−103 000
Total Assets	1 651 000	878 000	358 000	197 000
Total Equity	925 000	282 000	549 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 329 000	2 951 000	418 000	0
Expenditure	4 232 000	3 218 000	389 000	102 000
Operating Profit	1 097 000	−267 000	30 000	−101 000
Financial Income	0	0	0	0
Financial Costs	367 000	0	0	1 000
Financial Balance	−367 000	0	0	−1 000
Earnings Before Tax	730 000	−267 000	30 000	−103 000
Tax	87 000	0	0	0
Net Income	643 000	−267 000	30 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 651 000	878 000	358 000	197 000
Total Assets	1 651 000	878 000	358 000	197 000
Total Retained Equity	303 000	−340 000	−73 000	−103 000
Total Equity	925 000	282 000	549 000	197 000
Total Long-Term Debt	277 000	277 000	177 000	0
Total Current Debt	449 000	319 000	−368 000	0
Total Equity and Debt	1 651 000	878 000	358 000	197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 329 000	2 951 000	418 000	0
Other Income	0	0	0	0
Revenue	5 329 000	2 951 000	418 000	0
Cost of Goods Sold	2 315 000	2 254 000	292 000	92 000
Salary Costs	798 000	385 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 232 000	3 218 000	389 000	102 000
Operating Profit	1 097 000	−267 000	30 000	−101 000
Financial Income	0	0	0	0
Financial Costs	367 000	0	0	1 000
Financial Balance	−367 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	643 000	−267 000	30 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	677 000	485 000	193 000	0
Total Investments	0	0	0	0
Cash, Bank	601 000	284 000	59 000	197 000
Total Current Assets	1 651 000	878 000	358 000	197 000
Total Assets	1 651 000	878 000	358 000	197 000
Total Equity	925 000	282 000	549 000	197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	277 000	277 000	177 000	0
Creditors	152 000	168 000	72 000	0
Unpaid Taxes	66 000	43 000	0	0
Dividends	0	0	0	0
Other Current Debt	143 000	107 000	−440 000	0
Total Current Debt	449 000	319 000	−368 000	0
Total Equity and Debt	1 651 000	878 000	358 000	197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,51 %	−94,68 %	5,46 %	−52,28 %
Debt-to-Equity Ratio	0,3	0,98	0,32	0
Operating Profit Margin	20,59 %	−9,05 %	7,18 %	-
Current Ratio	3,68	2,75	−0,97	-
Quick Ratio	−7,24	−5,29	−0,64	-
Equity Ratio	0,56	0,32	1,53	1
Gross Profit Margin	56,56 %	23,62 %	30,14 %	-