NORRØNAFLY PROPELLER & NDT AS

1081 OSLO

Finances

Return on Equity

63,51 %

Current Ratio

1,84

Debt-to-Equity Ratio

−1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 662 000	18 521 000	19 141 000	25 686 000
Net Income	−6 437 000	−2 302 000	−2 686 000	−4 070 000
Total Assets	13 378 000	11 851 000	11 945 000	12 458 000
Total Equity	−10 136 000	−2 825 000	−522 000	1 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 662 000	18 521 000	19 141 000	25 686 000
Expenditure	28 684 000	20 414 000	21 574 000	29 406 000
Operating Profit	−6 022 000	−1 893 000	−2 433 000	−3 721 000
Financial Income	321 000	258 000	445 000	339 000
Financial Costs	735 000	668 000	697 000	687 000
Financial Balance	−414 000	−410 000	−252 000	−348 000
Earnings Before Tax	−6 437 000	−2 302 000	−2 686 000	−4 070 000
Tax	0	0	0	0
Net Income	−6 437 000	−2 302 000	−2 686 000	−4 070 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 009 000	2 241 000	2 772 000	2 819 000
Total Current Assets	11 369 000	9 609 000	9 173 000	9 639 000
Total Assets	13 378 000	11 851 000	11 945 000	12 458 000
Total Retained Equity	−15 068 000	−7 732 000	−5 430 000	−2 744 000
Total Equity	−10 136 000	−2 825 000	−522 000	1 178 000
Total Long-Term Debt	17 319 000	3 281 000	3 214 000	2 619 000
Total Current Debt	6 195 000	11 394 000	9 253 000	8 661 000
Total Equity and Debt	13 378 000	11 851 000	11 945 000	12 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 587 000	18 521 000	19 141 000	25 686 000
Other Income	75 000	0	0	0
Revenue	22 662 000	18 521 000	19 141 000	25 686 000
Cost of Goods Sold	11 562 000	7 937 000	8 038 000	12 158 000
Salary Costs	8 357 000	5 886 000	6 681 000	9 711 000
Depreciation	388 000	518 000	539 000	423 000
Impairment	0	0	0	0
Expenditure	28 684 000	20 414 000	21 574 000	29 406 000
Operating Profit	−6 022 000	−1 893 000	−2 433 000	−3 721 000
Financial Income	321 000	258 000	445 000	339 000
Financial Costs	735 000	668 000	697 000	687 000
Financial Balance	−414 000	−410 000	−252 000	−348 000
Dividends	0	0	0	0
Net Income	−6 437 000	−2 302 000	−2 686 000	−4 070 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	67 000	133 000	0
Real Eastate	1 479 000	0	0	0
Machinery and Plant Facilities	182 000	1 903 000	2 146 000	2 309 000
Fixtures	195 000	128 000	336 000	347 000
Total Tangible Assets	1 856 000	2 031 000	2 482 000	2 656 000
Total Fiancial Fixed Assets	153 000	143 000	157 000	163 000
Total Fixed Assets	2 009 000	2 241 000	2 772 000	2 819 000
Stock	8 495 000	7 775 000	6 962 000	7 324 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	1 208 000	79 000	270 000	3 000
Total Current Assets	11 369 000	9 609 000	9 173 000	9 639 000
Total Assets	13 378 000	11 851 000	11 945 000	12 458 000
Total Equity	−10 136 000	−2 825 000	−522 000	1 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 319 000	3 281 000	3 214 000	2 619 000
Creditors	4 291 000	4 403 000	4 003 000	3 297 000
Unpaid Taxes	269 000	397 000	650 000	655 000
Dividends	0	0	0	0
Other Current Debt	1 635 000	2 154 000	1 145 000	1 055 000
Total Current Debt	6 195 000	11 394 000	9 253 000	8 661 000
Total Equity and Debt	13 378 000	11 851 000	11 945 000	12 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,51 %	81,49 %	514,56 %	−345,5 %
Debt-to-Equity Ratio	−1,71	−1,16	−6,16	2,22
Operating Profit Margin	−26,57 %	−10,22 %	−12,71 %	−14,49 %
Current Ratio	1,84	0,84	0,99	1,11
Quick Ratio	−4,94	2,66	4	7,21
Equity Ratio	−0,76	−0,24	−0,04	0,09
Gross Profit Margin	48,98 %	57,15 %	58,01 %	52,67 %