NORCOD EQUIPMENT AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

0,74 %

Current Ratio

0,06

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 926 000	4 210 000	9 000	2 622 000
Net Income	372 000	131 000	−44 000	−6 000
Total Assets	137 566 000	107 085 000	48 855 000	37 000
Total Equity	50 407 000	50 034 000	49 903 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 926 000	4 210 000	9 000	2 622 000
Expenditure	10 134 000	2 715 000	67 000	2 627 000
Operating Profit	1 792 000	1 495 000	−59 000	−6 000
Financial Income	4 000	0	0	0
Financial Costs	1 319 000	1 327 000	0	0
Financial Balance	−1 315 000	−1 327 000	0	0
Earnings Before Tax	477 000	168 000	−59 000	−6 000
Tax	105 000	37 000	−14 000	0
Net Income	372 000	131 000	−44 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 637 000	105 965 000	399 000	0
Total Current Assets	1 929 000	1 120 000	48 456 000	37 000
Total Assets	137 566 000	107 085 000	48 855 000	37 000
Total Retained Equity	453 000	81 000	−51 000	−6 000
Total Equity	50 407 000	50 034 000	49 903 000	24 000
Total Long-Term Debt	52 334 000	47 761 000	0	0
Total Current Debt	34 825 000	9 290 000	−1 048 000	14 000
Total Equity and Debt	137 566 000	107 085 000	48 855 000	37 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 926 000	4 210 000	0	0
Other Income	0	0	9 000	2 622 000
Revenue	11 926 000	4 210 000	9 000	2 622 000
Cost of Goods Sold	0	0	0	1 665 000
Salary Costs	0	0	0	0
Depreciation	9 160 000	2 176 000	0	0
Impairment	0	0	0	0
Expenditure	10 134 000	2 715 000	67 000	2 627 000
Operating Profit	1 792 000	1 495 000	−59 000	−6 000
Financial Income	4 000	0	0	0
Financial Costs	1 319 000	1 327 000	0	0
Financial Balance	−1 315 000	−1 327 000	0	0
Dividends	0	0	0	0
Net Income	372 000	131 000	−44 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	36 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	50 116 000	32 438 000	363 000	0
Fixtures	0	0	0	0
Total Tangible Assets	135 637 000	105 965 000	363 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	135 637 000	105 965 000	399 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 132 000	1 031 000	18 881 000	11 000
Total Current Assets	1 929 000	1 120 000	48 456 000	37 000
Total Assets	137 566 000	107 085 000	48 855 000	37 000
Total Equity	50 407 000	50 034 000	49 903 000	24 000
Short-Term Group Debt	35 264 000	5 658 000	0	0
Total Long-Term Debt	52 334 000	47 761 000	0	0
Creditors	0	4 185 000	341 000	−2 000
Unpaid Taxes	−439 000	−553 000	−1 389 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	34 825 000	9 290 000	−1 048 000	14 000
Total Equity and Debt	137 566 000	107 085 000	48 855 000	37 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	0,26 %	−0,09 %	−25 %
Debt-to-Equity Ratio	1,04	0,95	0	0
Operating Profit Margin	15,03 %	35,51 %	−655,56 %	−0,23 %
Current Ratio	0,06	0,12	−46,24	2,64
Quick Ratio	0,06	0,12	−46,24	2,64
Equity Ratio	0,37	0,47	1,02	0,65
Gross Profit Margin	100 %	100 %	100 %	36,5 %