NORBLOCK A/S

3112 TØNSBERG

Finances

Return on Equity

−207,73 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 536 000	636 000	87 000	781 000
Net Income	−15 470 000	22 331 000	−591 000	−184 000
Total Assets	13 070 000	32 641 000	15 688 000	16 177 000
Total Equity	7 447 000	22 917 000	586 000	1 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 536 000	636 000	87 000	781 000
Expenditure	14 365 000	3 203 000	838 000	1 668 000
Operating Profit	−12 828 000	−2 567 000	−750 000	−887 000
Financial Income	202 000	25 104 000	283 000	854 000
Financial Costs	2 843 000	207 000	124 000	151 000
Financial Balance	−2 641 000	24 897 000	159 000	703 000
Earnings Before Tax	−15 470 000	22 331 000	−591 000	−184 000
Tax	0	0	0	0
Net Income	−15 470 000	22 331 000	−591 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 622 000	12 834 000	12 531 000	12 608 000
Total Current Assets	2 448 000	19 807 000	3 158 000	3 569 000
Total Assets	13 070 000	32 641 000	15 688 000	16 177 000
Total Retained Equity	6 087 000	21 557 000	−774 000	−183 000
Total Equity	7 447 000	22 917 000	586 000	1 177 000
Total Long-Term Debt	500 000	2 200 000	6 250 000	6 250 000
Total Current Debt	5 122 000	7 524 000	8 852 000	8 750 000
Total Equity and Debt	13 070 000	32 641 000	15 688 000	16 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 536 000	636 000	87 000	781 000
Other Income	0	0	0	0
Revenue	1 536 000	636 000	87 000	781 000
Cost of Goods Sold	63 000	53 000	86 000	55 000
Salary Costs	1 010 000	446 000	188 000	558 000
Depreciation	46 000	75 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	14 365 000	3 203 000	838 000	1 668 000
Operating Profit	−12 828 000	−2 567 000	−750 000	−887 000
Financial Income	202 000	25 104 000	283 000	854 000
Financial Costs	2 843 000	207 000	124 000	151 000
Financial Balance	−2 641 000	24 897 000	159 000	703 000
Dividends	0	0	0	0
Net Income	−15 470 000	22 331 000	−591 000	−184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	621 000	667 000	712 000	758 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	29 000	61 000
Total Tangible Assets	621 000	667 000	742 000	819 000
Total Fiancial Fixed Assets	10 001 000	12 167 000	11 789 000	11 789 000
Total Fixed Assets	10 622 000	12 834 000	12 531 000	12 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	476 000	61 000	10 000	7 000
Total Current Assets	2 448 000	19 807 000	3 158 000	3 569 000
Total Assets	13 070 000	32 641 000	15 688 000	16 177 000
Total Equity	7 447 000	22 917 000	586 000	1 177 000
Short-Term Group Debt	1 945 000	3 081 000	5 277 000	5 769 000
Total Long-Term Debt	500 000	2 200 000	6 250 000	6 250 000
Creditors	1 595 000	3 355 000	2 173 000	1 999 000
Unpaid Taxes	477 000	52 000	3 000	41 000
Dividends	0	0	0	0
Other Current Debt	1 106 000	1 036 000	1 399 000	941 000
Total Current Debt	5 122 000	7 524 000	8 852 000	8 750 000
Total Equity and Debt	13 070 000	32 641 000	15 688 000	16 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−207,73 %	97,44 %	−100,85 %	−15,63 %
Debt-to-Equity Ratio	0,07	0,1	10,67	5,31
Operating Profit Margin	−835,16 %	−403,62 %	−862,07 %	−113,57 %
Current Ratio	0,48	2,63	0,36	0,41
Quick Ratio	0,48	2,63	0,36	0,41
Equity Ratio	0,57	0,7	0,04	0,07
Gross Profit Margin	95,9 %	91,67 %	1,15 %	92,96 %