NORSK BRØNNBORING AS

2387 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

113,65 %

Current Ratio

0,95

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 071 000	12 981 000	10 258 000	8 529 000
Net Income	2 306 000	2 185 000	1 326 000	−35 000
Total Assets	16 301 000	11 368 000	6 569 000	4 557 000
Total Equity	2 029 000	1 724 000	1 145 000	1 111 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 071 000	12 981 000	10 258 000	8 529 000
Expenditure	15 764 000	9 992 000	8 491 000	8 477 000
Operating Profit	3 307 000	2 988 000	1 768 000	51 000
Financial Income	26 000	9 000	2 000	6 000
Financial Costs	376 000	195 000	71 000	101 000
Financial Balance	−350 000	−186 000	−69 000	−95 000
Earnings Before Tax	2 957 000	2 802 000	1 700 000	−44 000
Tax	651 000	616 000	374 000	−9 000
Net Income	2 306 000	2 185 000	1 326 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 134 000	5 711 000	2 185 000	1 762 000
Total Current Assets	9 166 000	5 657 000	4 384 000	2 794 000
Total Assets	16 301 000	11 368 000	6 569 000	4 557 000
Total Retained Equity	1 980 000	1 674 000	1 095 000	1 061 000
Total Equity	2 029 000	1 724 000	1 145 000	1 111 000
Total Long-Term Debt	4 585 000	3 376 000	1 090 000	818 000
Total Current Debt	9 687 000	6 268 000	4 334 000	2 628 000
Total Equity and Debt	16 301 000	11 368 000	6 569 000	4 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 912 000	12 705 000	10 197 000	8 419 000
Other Income	159 000	276 000	61 000	110 000
Revenue	19 071 000	12 981 000	10 258 000	8 529 000
Cost of Goods Sold	6 679 000	2 357 000	2 315 000	1 717 000
Salary Costs	4 290 000	3 538 000	3 090 000	2 681 000
Depreciation	939 000	574 000	478 000	403 000
Impairment	30 000	0	0	377 000
Expenditure	15 764 000	9 992 000	8 491 000	8 477 000
Operating Profit	3 307 000	2 988 000	1 768 000	51 000
Financial Income	26 000	9 000	2 000	6 000
Financial Costs	376 000	195 000	71 000	101 000
Financial Balance	−350 000	−186 000	−69 000	−95 000
Dividends	2 000 000	1 500 000	0	0
Net Income	2 306 000	2 185 000	1 326 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	22 000	58 000	68 000
Real Eastate	3 678 000	3 263 000	0	0
Machinery and Plant Facilities	1 782 000	975 000	394 000	26 000
Fixtures	1 611 000	1 452 000	1 733 000	1 669 000
Total Tangible Assets	7 072 000	5 689 000	2 127 000	1 695 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 134 000	5 711 000	2 185 000	1 762 000
Stock	1 194 000	535 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 721 000	4 287 000	3 434 000	1 857 000
Total Current Assets	9 166 000	5 657 000	4 384 000	2 794 000
Total Assets	16 301 000	11 368 000	6 569 000	4 557 000
Total Equity	2 029 000	1 724 000	1 145 000	1 111 000
Short-Term Group Debt	4 419 000	2 788 000	2 965 000	1 568 000
Total Long-Term Debt	4 585 000	3 376 000	1 090 000	818 000
Creditors	411 000	319 000	469 000	259 000
Unpaid Taxes	1 439 000	538 000	439 000	344 000
Dividends	2 000 000	1 500 000	0	0
Other Current Debt	725 000	573 000	462 000	398 000
Total Current Debt	9 687 000	6 268 000	4 334 000	2 628 000
Total Equity and Debt	16 301 000	11 368 000	6 569 000	4 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,65 %	126,74 %	115,81 %	−3,15 %
Debt-to-Equity Ratio	2,26	1,96	0,95	0,74
Operating Profit Margin	17,34 %	23,02 %	17,24 %	0,6 %
Current Ratio	0,95	0,9	1,01	1,06
Quick Ratio	1,08	0,99	1,01	1,06
Equity Ratio	0,12	0,15	0,17	0,24
Gross Profit Margin	64,98 %	81,84 %	77,43 %	79,87 %