MARGARINFABRIKKEN NORENA AS

0271 OSLO

Finances

Share Ownership

Return on Equity

15,02 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 347 000	2 062 000	2 030 000	1 179 000
Net Income	300 000	135 000	104 000	26 000
Total Assets	2 780 000	1 992 000	1 889 000	1 714 000
Total Equity	1 998 000	1 698 000	1 563 000	1 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 347 000	2 062 000	2 030 000	1 179 000
Expenditure	1 937 000	2 048 000	1 894 000	1 445 000
Operating Profit	409 000	13 000	137 000	−266 000
Financial Income	16 000	130 000	28 000	246 000
Financial Costs	24 000	0	38 000	1 000
Financial Balance	−8 000	130 000	−10 000	245 000
Earnings Before Tax	401 000	143 000	127 000	−20 000
Tax	101 000	8 000	23 000	−46 000
Net Income	300 000	135 000	104 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 777 000	891 000	909 000	940 000
Total Current Assets	1 003 000	1 101 000	980 000	773 000
Total Assets	2 780 000	1 992 000	1 889 000	1 714 000
Total Retained Equity	298 000	−2 000	−137 000	−241 000
Total Equity	1 998 000	1 698 000	1 563 000	1 459 000
Total Long-Term Debt	78 000	1 000	0	0
Total Current Debt	704 000	293 000	326 000	254 000
Total Equity and Debt	2 780 000	1 992 000	1 889 000	1 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 347 000	2 062 000	2 030 000	1 179 000
Other Income	0	0	0	0
Revenue	2 347 000	2 062 000	2 030 000	1 179 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 013 000	1 055 000	967 000	335 000
Depreciation	34 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 937 000	2 048 000	1 894 000	1 445 000
Operating Profit	409 000	13 000	137 000	−266 000
Financial Income	16 000	130 000	28 000	246 000
Financial Costs	24 000	0	38 000	1 000
Financial Balance	−8 000	130 000	−10 000	245 000
Dividends	0	0	0	0
Net Income	300 000	135 000	104 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	159 000	167 000	190 000
Real Eastate	724 000	732 000	741 000	750 000
Machinery and Plant Facilities	995 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 719 000	732 000	741 000	750 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 777 000	891 000	909 000	940 000
Stock	0	0	0	0
Total Investments	741 000	765 000	649 000	686 000
Cash, Bank	246 000	301 000	223 000	47 000
Total Current Assets	1 003 000	1 101 000	980 000	773 000
Total Assets	2 780 000	1 992 000	1 889 000	1 714 000
Total Equity	1 998 000	1 698 000	1 563 000	1 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	1 000	0	0
Creditors	13 000	21 000	76 000	38 000
Unpaid Taxes	212 000	131 000	250 000	131 000
Dividends	0	0	0	0
Other Current Debt	479 000	141 000	0	85 000
Total Current Debt	704 000	293 000	326 000	254 000
Total Equity and Debt	2 780 000	1 992 000	1 889 000	1 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,02 %	7,95 %	6,65 %	1,78 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	17,43 %	0,63 %	6,75 %	−22,56 %
Current Ratio	1,42	3,76	3,01	3,04
Quick Ratio	1,42	3,76	3,01	3,04
Equity Ratio	0,72	0,85	0,83	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %