NORE AUTO AS

3630 RØDBERG

Finances

Share Ownership

Return on Equity

36,69 %

Current Ratio

2,28

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 293 000	26 881 000	16 741 000	16 501 000
Net Income	766 000	771 000	337 000	598 000
Total Assets	8 070 000	8 804 000	5 535 000	4 488 000
Total Equity	2 088 000	2 021 000	2 051 000	2 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 293 000	26 881 000	16 741 000	16 501 000
Expenditure	35 183 000	25 823 000	16 258 000	15 713 000
Operating Profit	1 110 000	1 059 000	483 000	788 000
Financial Income	9 000	6 000	3 000	1 000
Financial Costs	136 000	77 000	53 000	22 000
Financial Balance	−127 000	−71 000	−50 000	−21 000
Earnings Before Tax	982 000	988 000	432 000	767 000
Tax	216 000	218 000	95 000	169 000
Net Income	766 000	771 000	337 000	598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 869 000	2 861 000	2 015 000	1 289 000
Total Current Assets	6 201 000	5 942 000	3 520 000	3 199 000
Total Assets	8 070 000	8 804 000	5 535 000	4 488 000
Total Retained Equity	1 448 000	1 381 000	1 411 000	1 373 000
Total Equity	2 088 000	2 021 000	2 051 000	2 013 000
Total Long-Term Debt	3 266 000	5 047 000	2 616 000	1 216 000
Total Current Debt	2 717 000	1 735 000	869 000	1 258 000
Total Equity and Debt	8 070 000	8 804 000	5 535 000	4 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 006 000	26 548 000	16 711 000	16 378 000
Other Income	286 000	333 000	29 000	124 000
Revenue	36 293 000	26 881 000	16 741 000	16 501 000
Cost of Goods Sold	30 377 000	21 355 000	12 076 000	12 028 000
Salary Costs	2 714 000	2 532 000	2 531 000	2 435 000
Depreciation	645 000	596 000	384 000	137 000
Impairment	0	0	0	0
Expenditure	35 183 000	25 823 000	16 258 000	15 713 000
Operating Profit	1 110 000	1 059 000	483 000	788 000
Financial Income	9 000	6 000	3 000	1 000
Financial Costs	136 000	77 000	53 000	22 000
Financial Balance	−127 000	−71 000	−50 000	−21 000
Dividends	700 000	800 000	300 000	550 000
Net Income	766 000	771 000	337 000	598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	400 000	446 000	376 000	170 000
Machinery and Plant Facilities	68 000	86 000	0	10 000
Fixtures	1 353 000	2 328 000	1 638 000	1 098 000
Total Tangible Assets	1 820 000	2 860 000	2 014 000	1 278 000
Total Fiancial Fixed Assets	49 000	1 000	1 000	11 000
Total Fixed Assets	1 869 000	2 861 000	2 015 000	1 289 000
Stock	2 559 000	5 347 000	2 448 000	1 838 000
Total Investments	0	0	0	0
Cash, Bank	3 046 000	83 000	500 000	877 000
Total Current Assets	6 201 000	5 942 000	3 520 000	3 199 000
Total Assets	8 070 000	8 804 000	5 535 000	4 488 000
Total Equity	2 088 000	2 021 000	2 051 000	2 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 266 000	5 047 000	2 616 000	1 216 000
Creditors	223 000	197 000	9 000	73 000
Unpaid Taxes	235 000	161 000	157 000	212 000
Dividends	700 000	800 000	300 000	550 000
Other Current Debt	1 303 000	348 000	309 000	288 000
Total Current Debt	2 717 000	1 735 000	869 000	1 258 000
Total Equity and Debt	8 070 000	8 804 000	5 535 000	4 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,69 %	38,15 %	16,43 %	29,71 %
Debt-to-Equity Ratio	1,56	2,5	1,28	0,6
Operating Profit Margin	3,06 %	3,94 %	2,89 %	4,78 %
Current Ratio	2,28	3,42	4,05	2,54
Quick Ratio	39,25	−1,65	−2,23	−5,52
Equity Ratio	0,26	0,23	0,37	0,45
Gross Profit Margin	16,3 %	20,56 %	27,87 %	27,11 %