NORGE-AMERIKA FORENINGEN (NORAM)

0158 OSLO

Finances

Share Ownership

Return on Equity

11,62 %

Current Ratio

6,01

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 240 000	3 445 000	4 298 000	3 249 000
Net Income	389 000	−500 000	−781 000	−1 009 000
Total Assets	4 015 000	3 645 000	2 014 000	2 907 000
Total Equity	3 347 000	2 958 000	1 442 000	2 223 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 240 000	3 445 000	4 298 000	3 249 000
Expenditure	2 851 000	3 945 000	5 079 000	4 295 000
Operating Profit	389 000	−501 000	−782 000	−1 047 000
Financial Income	1 000	1 000	2 000	65 000
Financial Costs	0	0	1 000	27 000
Financial Balance	1 000	1 000	1 000	38 000
Earnings Before Tax	389 000	−500 000	−781 000	−1 009 000
Tax	0	0	0	0
Net Income	389 000	−500 000	−781 000	−1 009 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 000	11 000	19 000	28 000
Total Current Assets	4 012 000	3 634 000	1 994 000	2 880 000
Total Assets	4 015 000	3 645 000	2 014 000	2 907 000
Total Retained Equity	3 347 000	2 958 000	1 442 000	2 223 000
Total Equity	3 347 000	2 958 000	1 442 000	2 223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	668 000	687 000	571 000	684 000
Total Equity and Debt	4 015 000	3 645 000	2 014 000	2 907 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 864 000	1 746 000	1 989 000	1 649 000
Other Income	1 376 000	1 699 000	2 308 000	1 600 000
Revenue	3 240 000	3 445 000	4 298 000	3 249 000
Cost of Goods Sold	0	23 000	971 000	705 000
Salary Costs	1 873 000	2 451 000	2 944 000	2 479 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 851 000	3 945 000	5 079 000	4 295 000
Operating Profit	389 000	−501 000	−782 000	−1 047 000
Financial Income	1 000	1 000	2 000	65 000
Financial Costs	0	0	1 000	27 000
Financial Balance	1 000	1 000	1 000	38 000
Dividends	0	0	0	0
Net Income	389 000	−500 000	−781 000	−1 009 000

Balance details (NOK)	2021	2020	2019	2018
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	3 000	11 000	19 000	28 000
Total Tangible Assets	3 000	11 000	19 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	11 000	19 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 597 000	3 483 000	1 780 000	2 551 000
Total Current Assets	4 012 000	3 634 000	1 994 000	2 880 000
Total Assets	4 015 000	3 645 000	2 014 000	2 907 000
Total Equity	3 347 000	2 958 000	1 442 000	2 223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	142 000	121 000	162 000	170 000
Unpaid Taxes	127 000	132 000	162 000	124 000
Dividends	0	0	0	0
Other Current Debt	399 000	435 000	248 000	391 000
Total Current Debt	668 000	687 000	571 000	684 000
Total Equity and Debt	4 015 000	3 645 000	2 014 000	2 907 000

Financial indicators	2021	2020	2019	2018
Return on Equity	11,62 %	−16,9 %	−54,16 %	−45,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,01 %	−14,54 %	−18,19 %	−32,23 %
Current Ratio	6,01	5,29	3,49	4,21
Quick Ratio	6,01	5,29	3,49	4,21
Equity Ratio	0,83	0,81	0,72	0,76
Gross Profit Margin	100 %	99,33 %	77,41 %	78,3 %