NORSTEIN AS

6490 EIDE

Finances

Return on Equity

9,68 %

Current Ratio

4,47

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 840 000	40 411 000	38 836 000	40 378 000
Net Income	1 442 000	1 375 000	559 000	505 000
Total Assets	21 371 000	21 484 000	20 125 000	20 192 000
Total Equity	14 892 000	13 450 000	12 075 000	11 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 840 000	40 411 000	38 836 000	40 378 000
Expenditure	48 779 000	38 444 000	37 775 000	39 289 000
Operating Profit	2 061 000	1 967 000	1 063 000	1 090 000
Financial Income	0	1 000	13 000	22 000
Financial Costs	211 000	204 000	237 000	342 000
Financial Balance	−211 000	−203 000	−224 000	−320 000
Earnings Before Tax	1 849 000	1 764 000	838 000	770 000
Tax	408 000	389 000	279 000	265 000
Net Income	1 442 000	1 375 000	559 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 527 000	2 676 000	2 727 000	3 325 000
Total Current Assets	18 844 000	18 808 000	17 398 000	16 867 000
Total Assets	21 371 000	21 484 000	20 125 000	20 192 000
Total Retained Equity	14 442 000	13 000 000	11 625 000	11 066 000
Total Equity	14 892 000	13 450 000	12 075 000	11 516 000
Total Long-Term Debt	2 261 000	3 039 000	3 814 000	5 058 000
Total Current Debt	4 218 000	4 994 000	4 235 000	3 618 000
Total Equity and Debt	21 371 000	21 484 000	20 125 000	20 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 840 000	40 411 000	38 836 000	40 378 000
Other Income	0	0	0	0
Revenue	50 840 000	40 411 000	38 836 000	40 378 000
Cost of Goods Sold	41 276 000	31 638 000	31 127 000	32 578 000
Salary Costs	4 336 000	4 084 000	3 921 000	3 861 000
Depreciation	180 000	180 000	607 000	597 000
Impairment	0	0	0	0
Expenditure	48 779 000	38 444 000	37 775 000	39 289 000
Operating Profit	2 061 000	1 967 000	1 063 000	1 090 000
Financial Income	0	1 000	13 000	22 000
Financial Costs	211 000	204 000	237 000	342 000
Financial Balance	−211 000	−203 000	−224 000	−320 000
Dividends	0	0	0	0
Net Income	1 442 000	1 375 000	559 000	505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	430 000
Total Intangible Assets	107 000	92 000	45 000	466 000
Real Eastate	2 207 000	2 371 000	2 452 000	2 607 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	11 000	28 000	50 000
Total Tangible Assets	2 218 000	2 382 000	2 480 000	2 657 000
Total Fiancial Fixed Assets	202 000	202 000	202 000	202 000
Total Fixed Assets	2 527 000	2 676 000	2 727 000	3 325 000
Stock	15 443 000	13 229 000	13 451 000	12 105 000
Total Investments	0	0	0	0
Cash, Bank	160 000	1 544 000	2 088 000	3 008 000
Total Current Assets	18 844 000	18 808 000	17 398 000	16 867 000
Total Assets	21 371 000	21 484 000	20 125 000	20 192 000
Total Equity	14 892 000	13 450 000	12 075 000	11 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 261 000	3 039 000	3 814 000	5 058 000
Creditors	1 757 000	2 094 000	1 682 000	1 093 000
Unpaid Taxes	1 185 000	1 719 000	908 000	1 386 000
Dividends	0	0	0	0
Other Current Debt	818 000	745 000	1 358 000	871 000
Total Current Debt	4 218 000	4 994 000	4 235 000	3 618 000
Total Equity and Debt	21 371 000	21 484 000	20 125 000	20 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,68 %	10,22 %	4,63 %	4,39 %
Debt-to-Equity Ratio	0,15	0,23	0,32	0,44
Operating Profit Margin	4,05 %	4,87 %	2,74 %	2,7 %
Current Ratio	4,47	3,77	4,11	4,66
Quick Ratio	−1,68	−2,28	−1,89	−1,99
Equity Ratio	0,7	0,63	0,6	0,57
Gross Profit Margin	18,81 %	21,71 %	19,85 %	19,32 %