NORGESRENHOLD AS

3274 LARVIK

Finances

Share Ownership

Return on Equity

2,3 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	1 512 000	319 000	35 000
Net Income	2 000	62 000	−1 000
Total Assets	496 000	218 000	21 000
Total Equity	87 000	85 000	23 000

Income (NOK)	2022	2021	2020
Revenue	1 512 000	319 000	35 000
Expenditure	1 508 000	241 000	36 000
Operating Profit	4 000	77 000	−1 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	3 000	77 000	−1 000
Tax	1 000	16 000	0
Net Income	2 000	62 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	27 000	0	20 000
Total Current Assets	469 000	218 000	1 000
Total Assets	496 000	218 000	21 000
Total Retained Equity	57 000	55 000	−7 000
Total Equity	87 000	85 000	23 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	408 000	133 000	−3 000
Total Equity and Debt	496 000	218 000	21 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 512 000	319 000	35 000
Other Income	0	0	0
Revenue	1 512 000	319 000	35 000
Cost of Goods Sold	84 000	12 000	0
Salary Costs	1 271 000	202 000	15 000
Depreciation	3 000	0	0
Impairment	0	0	0
Expenditure	1 508 000	241 000	36 000
Operating Profit	4 000	77 000	−1 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	2 000	62 000	−1 000

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	27 000	0	0
Total Tangible Assets	27 000	0	0
Total Fiancial Fixed Assets	0	0	20 000
Total Fixed Assets	27 000	0	20 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	42 000	22 000	1 000
Total Current Assets	469 000	218 000	1 000
Total Assets	496 000	218 000	21 000
Total Equity	87 000	85 000	23 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	67 000	8 000	−3 000
Unpaid Taxes	234 000	73 000	1 000
Dividends	0	0	0
Other Current Debt	108 000	36 000	−1 000
Total Current Debt	408 000	133 000	−3 000
Total Equity and Debt	496 000	218 000	21 000

Financial indicators	2022	2021	2020
Return on Equity	2,3 %	72,94 %	−4,35 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	0,26 %	24,14 %	−2,86 %
Current Ratio	1,15	1,64	−0,33
Quick Ratio	1,15	1,64	−0,33
Equity Ratio	0,18	0,39	1,1
Gross Profit Margin	94,44 %	96,24 %	100 %