NORMETAL AS

3184 BORRE

Finances

Share Ownership

Return on Equity

87,83 %

Current Ratio

1,08

Debt-to-Equity Ratio

−1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 377 000	11 747 000	12 817 000	74 000
Net Income	−700 000	−460 000	14 000	59 000
Total Assets	6 252 000	6 286 000	8 197 000	391 000
Total Equity	−797 000	−97 000	364 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 377 000	11 747 000	12 817 000	74 000
Expenditure	11 961 000	12 065 000	12 712 000	0
Operating Profit	−482 000	−318 000	106 000	74 000
Financial Income	3 000	17 000	18 000	0
Financial Costs	221 000	163 000	106 000	0
Financial Balance	−218 000	−146 000	−88 000	0
Earnings Before Tax	−700 000	−465 000	18 000	74 000
Tax	0	−5 000	4 000	15 000
Net Income	−700 000	−460 000	14 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	121 000	0	0
Total Current Assets	6 157 000	6 165 000	8 197 000	391 000
Total Assets	6 252 000	6 286 000	8 197 000	391 000
Total Retained Equity	−1 087 000	−387 000	74 000	59 000
Total Equity	−797 000	−97 000	364 000	349 000
Total Long-Term Debt	1 356 000	1 784 000	2 484 000	0
Total Current Debt	5 693 000	4 599 000	5 349 000	41 000
Total Equity and Debt	6 252 000	6 286 000	8 197 000	391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 377 000	11 747 000	12 817 000	59 000
Other Income	0	0	0	15 000
Revenue	11 377 000	11 747 000	12 817 000	74 000
Cost of Goods Sold	4 956 000	4 350 000	5 455 000	0
Salary Costs	4 158 000	4 550 000	4 439 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 961 000	12 065 000	12 712 000	0
Operating Profit	−482 000	−318 000	106 000	74 000
Financial Income	3 000	17 000	18 000	0
Financial Costs	221 000	163 000	106 000	0
Financial Balance	−218 000	−146 000	−88 000	0
Dividends	0	0	0	0
Net Income	−700 000	−460 000	14 000	59 000

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	95 000	121 000	0	0
Total Fixed Assets	95 000	121 000	0	0
Stock	2 553 000	2 492 000	2 795 000	0
Total Investments	0	0	0	0
Cash, Bank	322 000	528 000	2 082 000	28 000
Total Current Assets	6 157 000	6 165 000	8 197 000	391 000
Total Assets	6 252 000	6 286 000	8 197 000	391 000
Total Equity	−797 000	−97 000	364 000	349 000
Short-Term Group Debt	0	16 000	49 000	0
Total Long-Term Debt	1 356 000	1 784 000	2 484 000	0
Creditors	3 291 000	1 641 000	1 472 000	6 000
Unpaid Taxes	267 000	348 000	438 000	19 000
Dividends	0	0	0	0
Other Current Debt	37 000	747 000	699 000	3 000
Total Current Debt	5 693 000	4 599 000	5 349 000	41 000
Total Equity and Debt	6 252 000	6 286 000	8 197 000	391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,83 %	474,23 %	3,85 %	16,91 %
Debt-to-Equity Ratio	−1,7	−18,39	6,82	0
Operating Profit Margin	−4,24 %	−2,71 %	0,83 %	100 %
Current Ratio	1,08	1,34	1,53	9,54
Quick Ratio	1,96	2,93	3,21	9,54
Equity Ratio	−0,13	−0,02	0,04	0,89
Gross Profit Margin	56,44 %	62,97 %	57,44 %	100 %