NORSK FLETTERI AS

5235 RÅDAL

Finances

Share Ownership

Return on Equity

15,19 %

Current Ratio

4,22

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 282 000	20 485 000	17 842 000	14 090 000
Net Income	2 472 000	2 584 000	1 522 000	−462 000
Total Assets	22 648 000	21 229 000	19 349 000	18 593 000
Total Equity	16 273 000	14 400 000	12 116 000	11 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 282 000	20 485 000	17 842 000	14 090 000
Expenditure	13 980 000	17 292 000	15 759 000	14 538 000
Operating Profit	3 301 000	3 192 000	2 082 000	−449 000
Financial Income	49 000	136 000	61 000	21 000
Financial Costs	177 000	81 000	186 000	160 000
Financial Balance	−128 000	55 000	−125 000	−139 000
Earnings Before Tax	3 173 000	3 247 000	1 957 000	−588 000
Tax	701 000	663 000	434 000	−126 000
Net Income	2 472 000	2 584 000	1 522 000	−462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 570 000	10 743 000	11 312 000	11 481 000
Total Current Assets	12 078 000	10 486 000	8 037 000	7 112 000
Total Assets	22 648 000	21 229 000	19 349 000	18 593 000
Total Retained Equity	14 973 000	13 100 000	10 816 000	9 794 000
Total Equity	16 273 000	14 400 000	12 116 000	11 094 000
Total Long-Term Debt	3 513 000	2 120 000	2 513 000	2 537 000
Total Current Debt	2 863 000	4 708 000	4 720 000	4 963 000
Total Equity and Debt	22 648 000	21 229 000	19 349 000	18 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 282 000	20 359 000	17 842 000	14 090 000
Other Income	0	126 000	0	0
Revenue	17 282 000	20 485 000	17 842 000	14 090 000
Cost of Goods Sold	6 158 000	8 663 000	8 758 000	8 171 000
Salary Costs	5 192 000	5 622 000	4 752 000	4 374 000
Depreciation	320 000	674 000	395 000	409 000
Impairment	0	0	0	0
Expenditure	13 980 000	17 292 000	15 759 000	14 538 000
Operating Profit	3 301 000	3 192 000	2 082 000	−449 000
Financial Income	49 000	136 000	61 000	21 000
Financial Costs	177 000	81 000	186 000	160 000
Financial Balance	−128 000	55 000	−125 000	−139 000
Dividends	600 000	300 000	500 000	0
Net Income	2 472 000	2 584 000	1 522 000	−462 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 351 000	10 617 000	10 883 000	11 149 000
Machinery and Plant Facilities	180 000	87 000	380 000	332 000
Fixtures	39 000	39 000	49 000	0
Total Tangible Assets	10 570 000	10 743 000	11 312 000	11 481 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 570 000	10 743 000	11 312 000	11 481 000
Stock	7 800 000	6 065 000	4 815 000	5 881 000
Total Investments	0	0	0	0
Cash, Bank	2 167 000	3 694 000	2 322 000	632 000
Total Current Assets	12 078 000	10 486 000	8 037 000	7 112 000
Total Assets	22 648 000	21 229 000	19 349 000	18 593 000
Total Equity	16 273 000	14 400 000	12 116 000	11 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 513 000	2 120 000	2 513 000	2 537 000
Creditors	343 000	358 000	528 000	263 000
Unpaid Taxes	826 000	853 000	989 000	684 000
Dividends	600 000	300 000	500 000	0
Other Current Debt	1 075 000	2 822 000	3 041 000	4 017 000
Total Current Debt	2 863 000	4 708 000	4 720 000	4 963 000
Total Equity and Debt	22 648 000	21 229 000	19 349 000	18 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,19 %	17,94 %	12,56 %	−4,16 %
Debt-to-Equity Ratio	0,22	0,15	0,21	0,23
Operating Profit Margin	19,1 %	15,58 %	11,67 %	−3,19 %
Current Ratio	4,22	2,23	1,7	1,43
Quick Ratio	−2,45	−7,73	−84,6	−7,75
Equity Ratio	0,72	0,68	0,63	0,6
Gross Profit Margin	64,37 %	57,71 %	50,91 %	42,01 %