NORGESPORTEN BIL AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

32,58 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	54 887 000	49 544 000	55 659 000
Net Income	1 709 000	1 941 000	1 763 000
Total Assets	9 230 000	6 834 000	7 490 000
Total Equity	5 245 000	5 536 000	4 246 000

Income (NOK)	2022	2021	2020
Revenue	54 887 000	49 544 000	55 659 000
Expenditure	52 687 000	47 030 000	53 314 000
Operating Profit	2 201 000	2 514 000	2 345 000
Financial Income	0	0	0
Financial Costs	9 000	26 000	100 000
Financial Balance	−9 000	−26 000	−100 000
Earnings Before Tax	2 191 000	2 488 000	2 245 000
Tax	483 000	548 000	482 000
Net Income	1 709 000	1 941 000	1 763 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	654 000	547 000	641 000
Total Current Assets	8 576 000	6 287 000	6 849 000
Total Assets	9 230 000	6 834 000	7 490 000
Total Retained Equity	2 209 000	2 500 000	1 210 000
Total Equity	5 245 000	5 536 000	4 246 000
Total Long-Term Debt	0	0	369 000
Total Current Debt	3 985 000	1 297 000	2 876 000
Total Equity and Debt	9 230 000	6 834 000	7 490 000

Cash flow (NOK)	2022	2021	2020
Sales Income	54 535 000	49 158 000	55 107 000
Other Income	352 000	386 000	552 000
Revenue	54 887 000	49 544 000	55 659 000
Cost of Goods Sold	44 984 000	40 273 000	46 960 000
Salary Costs	4 822 000	4 312 000	4 216 000
Depreciation	178 000	180 000	164 000
Impairment	0	0	0
Expenditure	52 687 000	47 030 000	53 314 000
Operating Profit	2 201 000	2 514 000	2 345 000
Financial Income	0	0	0
Financial Costs	9 000	26 000	100 000
Financial Balance	−9 000	−26 000	−100 000
Dividends	2 000 000	0	0
Net Income	1 709 000	1 941 000	1 763 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	28 000	31 000	26 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	623 000	513 000	612 000
Total Tangible Assets	623 000	513 000	612 000
Total Fiancial Fixed Assets	3 000	3 000	3 000
Total Fixed Assets	654 000	547 000	641 000
Stock	5 320 000	2 790 000	3 771 000
Total Investments	0	0	0
Cash, Bank	268 000	2 102 000	1 929 000
Total Current Assets	8 576 000	6 287 000	6 849 000
Total Assets	9 230 000	6 834 000	7 490 000
Total Equity	5 245 000	5 536 000	4 246 000
Short-Term Group Debt	0	10 000	710 000
Total Long-Term Debt	0	0	369 000
Creditors	512 000	76 000	945 000
Unpaid Taxes	339 000	285 000	395 000
Dividends	2 000 000	0	0
Other Current Debt	654 000	374 000	477 000
Total Current Debt	3 985 000	1 297 000	2 876 000
Total Equity and Debt	9 230 000	6 834 000	7 490 000

Financial indicators	2022	2021	2020
Return on Equity	32,58 %	35,06 %	41,52 %
Debt-to-Equity Ratio	0	0	0,09
Operating Profit Margin	4,01 %	5,07 %	4,21 %
Current Ratio	2,15	4,85	2,38
Quick Ratio	−6,42	−4,21	−7,65
Equity Ratio	0,57	0,81	0,57
Gross Profit Margin	18,04 %	18,71 %	15,63 %