NORODDEN AS

3019 DRAMMEN

Finances

Return on Equity

19 %

Current Ratio

10,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	669 000	242 000	130 000	523 000
Net Income	597 000	169 000	61 000	470 000
Total Assets	3 459 000	2 860 000	3 054 000	3 149 000
Total Equity	3 142 000	2 546 000	2 377 000	2 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	669 000	242 000	130 000	523 000
Expenditure	69 000	71 000	66 000	46 000
Operating Profit	600 000	171 000	64 000	476 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	5 000	3 000	5 000	10 000
Financial Balance	−4 000	−2 000	−4 000	−7 000
Earnings Before Tax	597 000	169 000	61 000	470 000
Tax	0	0	0	0
Net Income	597 000	169 000	61 000	470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 459 000	2 860 000	3 054 000	3 149 000
Total Assets	3 459 000	2 860 000	3 054 000	3 149 000
Total Retained Equity	3 107 000	2 510 000	2 342 000	2 281 000
Total Equity	3 142 000	2 546 000	2 377 000	2 316 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	317 000	314 000	677 000	832 000
Total Equity and Debt	3 459 000	2 860 000	3 054 000	3 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	669 000	242 000	130 000	523 000
Revenue	669 000	242 000	130 000	523 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	71 000	66 000	46 000
Operating Profit	600 000	171 000	64 000	476 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	5 000	3 000	5 000	10 000
Financial Balance	−4 000	−2 000	−4 000	−7 000
Dividends	0	0	0	850 000
Net Income	597 000	169 000	61 000	470 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	3 417 000	2 785 000	2 977 000	2 863 000
Cash, Bank	43 000	75 000	78 000	154 000
Total Current Assets	3 459 000	2 860 000	3 054 000	3 149 000
Total Assets	3 459 000	2 860 000	3 054 000	3 149 000
Total Equity	3 142 000	2 546 000	2 377 000	2 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	9 000	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	850 000
Other Current Debt	310 000	305 000	671 000	32 000
Total Current Debt	317 000	314 000	677 000	832 000
Total Equity and Debt	3 459 000	2 860 000	3 054 000	3 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19 %	6,64 %	2,57 %	20,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,69 %	70,66 %	49,23 %	91,01 %
Current Ratio	10,91	9,11	4,51	3,78
Quick Ratio	10,91	9,11	4,51	3,78
Equity Ratio	0,91	0,89	0,78	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %