NORSOL EIENDOMSSELSKAP AS

6630 TINGVOLL

Finances

Return on Equity

21,64 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 962 000	135 671 000	109 016 000	80 869 000
Net Income	15 152 000	23 641 000	15 907 000	7 143 000
Total Assets	98 822 000	99 467 000	91 749 000	70 862 000
Total Equity	70 022 000	63 871 000	53 160 000	57 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 962 000	135 671 000	109 016 000	80 869 000
Expenditure	110 401 000	107 339 000	89 690 000	72 121 000
Operating Profit	19 561 000	28 333 000	19 326 000	8 747 000
Financial Income	1 169 000	2 070 000	850 000	1 412 000
Financial Costs	1 189 000	360 000	553 000	963 000
Financial Balance	−20 000	1 710 000	297 000	449 000
Earnings Before Tax	19 542 000	30 042 000	19 623 000	9 196 000
Tax	4 390 000	6 402 000	3 716 000	2 053 000
Net Income	15 152 000	23 641 000	15 907 000	7 143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 709 000	24 837 000	19 712 000	16 231 000
Total Current Assets	75 113 000	74 630 000	72 038 000	54 631 000
Total Assets	98 822 000	99 467 000	91 749 000	70 862 000
Total Retained Equity	69 290 000	63 139 000	52 428 000	56 521 000
Total Equity	70 022 000	63 871 000	53 160 000	57 253 000
Total Long-Term Debt	0	0	0	80 000
Total Current Debt	28 800 000	35 596 000	38 590 000	13 528 000
Total Equity and Debt	98 822 000	99 467 000	91 749 000	70 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 193 000	135 626 000	108 484 000	80 577 000
Other Income	769 000	46 000	532 000	293 000
Revenue	129 962 000	135 671 000	109 016 000	80 869 000
Cost of Goods Sold	42 575 000	41 513 000	36 007 000	26 957 000
Salary Costs	35 391 000	31 867 000	25 416 000	23 773 000
Depreciation	2 800 000	2 437 000	2 408 000	2 446 000
Impairment	0	0	0	0
Expenditure	110 401 000	107 339 000	89 690 000	72 121 000
Operating Profit	19 561 000	28 333 000	19 326 000	8 747 000
Financial Income	1 169 000	2 070 000	850 000	1 412 000
Financial Costs	1 189 000	360 000	553 000	963 000
Financial Balance	−20 000	1 710 000	297 000	449 000
Dividends	9 000 000	12 930 000	20 000 000	3 500 000
Net Income	15 152 000	23 641 000	15 907 000	7 143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 268 000	1 556 000	1 133 000	0
Real Eastate	14 893 000	15 308 000	15 139 000	12 567 000
Machinery and Plant Facilities	7 499 000	7 973 000	3 440 000	3 664 000
Fixtures	0	0	0	0
Total Tangible Assets	22 392 000	23 281 000	18 579 000	16 231 000
Total Fiancial Fixed Assets	49 000	0	0	0
Total Fixed Assets	23 709 000	24 837 000	19 712 000	16 231 000
Stock	27 860 000	19 458 000	10 068 000	8 313 000
Total Investments	6 091 000	6 523 000	5 027 000	5 072 000
Cash, Bank	34 634 000	42 938 000	48 007 000	34 022 000
Total Current Assets	75 113 000	74 630 000	72 038 000	54 631 000
Total Assets	98 822 000	99 467 000	91 749 000	70 862 000
Total Equity	70 022 000	63 871 000	53 160 000	57 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	80 000
Creditors	2 141 000	3 332 000	2 721 000	1 033 000
Unpaid Taxes	5 009 000	3 614 000	4 290 000	3 501 000
Dividends	9 000 000	12 930 000	20 000 000	3 500 000
Other Current Debt	8 563 000	8 909 000	6 649 000	3 464 000
Total Current Debt	28 800 000	35 596 000	38 590 000	13 528 000
Total Equity and Debt	98 822 000	99 467 000	91 749 000	70 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,64 %	37,01 %	29,92 %	12,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,05 %	20,88 %	17,73 %	10,82 %
Current Ratio	2,61	2,1	1,87	4,04
Quick Ratio	79,91	4,62	2,53	10,48
Equity Ratio	0,71	0,64	0,58	0,81
Gross Profit Margin	67,24 %	69,4 %	66,97 %	66,67 %