NORARC AS

4630 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

22,47 %

Current Ratio

7,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	59 000	115 000	114 000
Net Income	20 000	25 000	13 000
Total Assets	102 000	81 000	48 000
Total Equity	89 000	69 000	43 000

Income (NOK)	2022	2021	2020
Revenue	59 000	115 000	114 000
Expenditure	38 000	82 000	98 000
Operating Profit	22 000	33 000	17 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	22 000	33 000	17 000
Tax	1 000	7 000	4 000
Net Income	20 000	25 000	13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 000	16 000	17 000
Total Current Assets	88 000	66 000	30 000
Total Assets	102 000	81 000	48 000
Total Retained Equity	59 000	39 000	13 000
Total Equity	89 000	69 000	43 000
Total Long-Term Debt	0	0	0
Total Current Debt	12 000	12 000	4 000
Total Equity and Debt	102 000	81 000	48 000

Cash flow (NOK)	2022	2021	2020
Sales Income	59 000	115 000	114 000
Other Income	0	0	0
Revenue	59 000	115 000	114 000
Cost of Goods Sold	19 000	67 000	71 000
Salary Costs	0	0	0
Depreciation	2 000	2 000	1 000
Impairment	0	0	0
Expenditure	38 000	82 000	98 000
Operating Profit	22 000	33 000	17 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	20 000	25 000	13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	14 000	16 000	17 000
Total Tangible Assets	14 000	16 000	17 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 000	16 000	17 000
Stock	5 000	5 000	0
Total Investments	0	0	0
Cash, Bank	47 000	60 000	30 000
Total Current Assets	88 000	66 000	30 000
Total Assets	102 000	81 000	48 000
Total Equity	89 000	69 000	43 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	2 000	0
Unpaid Taxes	6 000	3 000	1 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	12 000	12 000	4 000
Total Equity and Debt	102 000	81 000	48 000

Financial indicators	2022	2021	2020
Return on Equity	22,47 %	36,23 %	30,23 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	37,29 %	28,7 %	14,91 %
Current Ratio	7,33	5,5	7,5
Quick Ratio	12,57	9,43	7,5
Equity Ratio	0,87	0,85	0,9
Gross Profit Margin	67,8 %	41,74 %	37,72 %