NORØ INVEST AS

4780 BREKKESTØ

Finances

Share Ownership

Return on Equity

18,75 %

Current Ratio

2,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 000	160 000	145 000	0
Net Income	21 000	22 000	44 000	−5 000
Total Assets	180 000	142 000	113 000	16 000
Total Equity	112 000	91 000	69 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 000	160 000	145 000	0
Expenditure	158 000	132 000	88 000	6 000
Operating Profit	27 000	28 000	58 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	27 000	28 000	56 000	−6 000
Tax	6 000	6 000	12 000	−1 000
Net Income	21 000	22 000	44 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	1 000
Total Current Assets	180 000	142 000	113 000	14 000
Total Assets	180 000	142 000	113 000	16 000
Total Retained Equity	82 000	61 000	39 000	−5 000
Total Equity	112 000	91 000	69 000	25 000
Total Long-Term Debt	0	31 000	0	0
Total Current Debt	68 000	20 000	44 000	−10 000
Total Equity and Debt	180 000	142 000	113 000	16 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 000	160 000	145 000	0
Other Income	0	0	0	0
Revenue	129 000	160 000	145 000	0
Cost of Goods Sold	120 000	92 000	64 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	158 000	132 000	88 000	6 000
Operating Profit	27 000	28 000	58 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	21 000	22 000	44 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
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	1 000
Stock	89 000	33 000	94 000	25 000
Total Investments	0	0	0	0
Cash, Bank	90 000	34 000	44 000	10 000
Total Current Assets	180 000	142 000	113 000	14 000
Total Assets	180 000	142 000	113 000	16 000
Total Equity	112 000	91 000	69 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	31 000	0	0
Creditors	5 000	7 000	23 000	−10 000
Unpaid Taxes	26 000	7 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	31 000	0	0	0
Total Current Debt	68 000	20 000	44 000	−10 000
Total Equity and Debt	180 000	142 000	113 000	16 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,75 %	24,18 %	63,77 %	−20 %
Debt-to-Equity Ratio	0	0,34	0	0
Operating Profit Margin	20,93 %	17,5 %	40 %	-
Current Ratio	2,65	7,1	2,57	−1,4
Quick Ratio	−8,57	−10,92	−2,26	−0,4
Equity Ratio	0,62	0,64	0,61	1,56
Gross Profit Margin	6,98 %	42,5 %	55,86 %	-