NORMET AS

3216 SANDEFJORD

Finances

Share Ownership

Return on Equity

35,1 %

Current Ratio

6,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	385 000	532 000	887 000
Net Income	119 000	93 000	−102 000	−67 000
Total Assets	398 000	263 000	171 000	368 000
Total Equity	339 000	220 000	127 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	385 000	532 000	887 000
Expenditure	381 000	293 000	633 000	954 000
Operating Profit	131 000	92 000	−102 000	−67 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	131 000	93 000	−102 000	−67 000
Tax	12 000	0	0	0
Net Income	119 000	93 000	−102 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	−3 000
Total Current Assets	398 000	263 000	171 000	372 000
Total Assets	398 000	263 000	171 000	368 000
Total Retained Equity	239 000	120 000	27 000	129 000
Total Equity	339 000	220 000	127 000	229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 000	43 000	44 000	140 000
Total Equity and Debt	398 000	263 000	171 000	368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	513 000	385 000	630 000	790 000
Other Income	0	0	−98 000	98 000
Revenue	513 000	385 000	532 000	887 000
Cost of Goods Sold	175 000	45 000	243 000	179 000
Salary Costs	82 000	149 000	258 000	599 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	381 000	293 000	633 000	954 000
Operating Profit	131 000	92 000	−102 000	−67 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	119 000	93 000	−102 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	−3 000
Total Fixed Assets	0	0	0	−3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	262 000	112 000	147 000
Total Current Assets	398 000	263 000	171 000	372 000
Total Assets	398 000	263 000	171 000	368 000
Total Equity	339 000	220 000	127 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	22 000	2 000	16 000
Unpaid Taxes	38 000	5 000	17 000	74 000
Dividends	0	0	0	0
Other Current Debt	8 000	17 000	25 000	50 000
Total Current Debt	59 000	43 000	44 000	140 000
Total Equity and Debt	398 000	263 000	171 000	368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,1 %	42,27 %	−80,31 %	−29,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,54 %	23,9 %	−19,17 %	−7,55 %
Current Ratio	6,75	6,12	3,89	2,66
Quick Ratio	6,75	6,12	3,89	2,66
Equity Ratio	0,85	0,84	0,74	0,62
Gross Profit Margin	65,89 %	88,31 %	54,32 %	79,82 %