NOR IT AS

3515 HØNEFOSS

Finances

Return on Equity

30,34 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 216 000	5 996 000	3 813 000	123 000
Net Income	473 000	466 000	471 000	34 000
Total Assets	3 044 000	2 525 000	1 431 000	265 000
Total Equity	1 559 000	1 086 000	619 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 216 000	5 996 000	3 813 000	123 000
Expenditure	7 743 000	5 398 000	3 210 000	80 000
Operating Profit	473 000	598 000	603 000	43 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	473 000	598 000	603 000	43 000
Tax	0	131 000	131 000	10 000
Net Income	473 000	466 000	471 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	0	0	0
Total Current Assets	2 044 000	2 525 000	1 431 000	265 000
Total Assets	3 044 000	2 525 000	1 431 000	265 000
Total Retained Equity	1 439 000	971 000	505 000	34 000
Total Equity	1 559 000	1 086 000	619 000	148 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 485 000	1 439 000	812 000	117 000
Total Equity and Debt	3 044 000	2 525 000	1 431 000	265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 216 000	5 996 000	3 813 000	123 000
Other Income	0	0	0	0
Revenue	8 216 000	5 996 000	3 813 000	123 000
Cost of Goods Sold	4 963 000	3 598 000	2 821 000	74 000
Salary Costs	2 464 000	1 546 000	247 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 743 000	5 398 000	3 210 000	80 000
Operating Profit	473 000	598 000	603 000	43 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	473 000	466 000	471 000	34 000

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	1 000 000	0	0	0
Total Fixed Assets	1 000 000	0	0	0
Stock	40 000	25 000	0	0
Total Investments	0	0	0	0
Cash, Bank	814 000	1 514 000	849 000	111 000
Total Current Assets	2 044 000	2 525 000	1 431 000	265 000
Total Assets	3 044 000	2 525 000	1 431 000	265 000
Total Equity	1 559 000	1 086 000	619 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	395 000	400 000	535 000	94 000
Unpaid Taxes	335 000	323 000	119 000	12 000
Dividends	0	0	0	0
Other Current Debt	755 000	585 000	25 000	1 000
Total Current Debt	1 485 000	1 439 000	812 000	117 000
Total Equity and Debt	3 044 000	2 525 000	1 431 000	265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,34 %	42,91 %	76,09 %	22,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,76 %	9,97 %	15,81 %	34,96 %
Current Ratio	1,38	1,75	1,76	2,26
Quick Ratio	1,41	1,79	1,76	2,26
Equity Ratio	0,51	0,43	0,43	0,56
Gross Profit Margin	39,59 %	39,99 %	26,02 %	39,84 %