NORPEC AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

23,75 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 092 000	78 595 000	60 282 000	523 000
Net Income	4 199 000	5 988 000	4 770 000	−2 584 000
Total Assets	37 609 000	30 545 000	26 645 000	12 603 000
Total Equity	17 679 000	13 480 000	13 199 000	1 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 092 000	78 595 000	60 282 000	523 000
Expenditure	97 686 000	70 878 000	54 089 000	3 840 000
Operating Profit	5 407 000	7 718 000	6 193 000	−3 317 000
Financial Income	233 000	69 000	26 000	0
Financial Costs	271 000	107 000	103 000	0
Financial Balance	−38 000	−38 000	−77 000	0
Earnings Before Tax	5 369 000	7 679 000	6 117 000	−3 317 000
Tax	1 170 000	1 691 000	1 346 000	−733 000
Net Income	4 199 000	5 988 000	4 770 000	−2 584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 113 000	5 026 000	3 855 000	2 231 000
Total Current Assets	31 496 000	25 519 000	22 790 000	10 372 000
Total Assets	37 609 000	30 545 000	26 645 000	12 603 000
Total Retained Equity	10 188 000	5 988 000	2 169 000	−2 584 000
Total Equity	17 679 000	13 480 000	13 199 000	1 929 000
Total Long-Term Debt	64 000	413 000	184 000	6 500 000
Total Current Debt	19 866 000	16 652 000	13 262 000	4 175 000
Total Equity and Debt	37 609 000	30 545 000	26 645 000	12 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 092 000	78 468 000	60 282 000	523 000
Other Income	0	127 000	0	0
Revenue	103 092 000	78 595 000	60 282 000	523 000
Cost of Goods Sold	40 221 000	22 310 000	11 440 000	0
Salary Costs	44 185 000	39 181 000	35 252 000	1 229 000
Depreciation	1 216 000	860 000	658 000	16 000
Impairment	0	0	0	0
Expenditure	97 686 000	70 878 000	54 089 000	3 840 000
Operating Profit	5 407 000	7 718 000	6 193 000	−3 317 000
Financial Income	233 000	69 000	26 000	0
Financial Costs	271 000	107 000	103 000	0
Financial Balance	−38 000	−38 000	−77 000	0
Dividends	0	0	0	0
Net Income	4 199 000	5 988 000	4 770 000	−2 584 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 179 000	3 727 000	1 721 000	1 157 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	934 000	1 299 000	1 134 000	1 074 000
Total Tangible Assets	934 000	1 299 000	1 134 000	1 074 000
Total Fiancial Fixed Assets	0	0	1 000 000	0
Total Fixed Assets	6 113 000	5 026 000	3 855 000	2 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 799 000	5 461 000	6 779 000	9 272 000
Total Current Assets	31 496 000	25 519 000	22 790 000	10 372 000
Total Assets	37 609 000	30 545 000	26 645 000	12 603 000
Total Equity	17 679 000	13 480 000	13 199 000	1 929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 000	413 000	184 000	6 500 000
Creditors	6 075 000	3 122 000	2 139 000	1 266 000
Unpaid Taxes	6 321 000	6 489 000	5 791 000	449 000
Dividends	0	0	0	0
Other Current Debt	5 951 000	5 580 000	4 902 000	2 460 000
Total Current Debt	19 866 000	16 652 000	13 262 000	4 175 000
Total Equity and Debt	37 609 000	30 545 000	26 645 000	12 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,75 %	44,42 %	36,14 %	−133,96 %
Debt-to-Equity Ratio	0	0,03	0,01	3,37
Operating Profit Margin	5,24 %	9,82 %	10,27 %	−634,23 %
Current Ratio	1,59	1,53	1,72	2,48
Quick Ratio	1,59	1,53	1,72	2,48
Equity Ratio	0,47	0,44	0,5	0,15
Gross Profit Margin	60,99 %	71,61 %	81,02 %	100 %