NORMEDIN AS

1604 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

2,29 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 045 000	1 457 000	2 057 000	1 741 000
Net Income	13 000	71 000	255 000	161 000
Total Assets	791 000	917 000	919 000	591 000
Total Equity	568 000	555 000	484 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 045 000	1 457 000	2 057 000	1 741 000
Expenditure	1 017 000	1 361 000	1 714 000	1 521 000
Operating Profit	27 000	96 000	339 000	227 000
Financial Income	4 000	7 000	17 000	2 000
Financial Costs	16 000	12 000	27 000	21 000
Financial Balance	−12 000	−5 000	−10 000	−19 000
Earnings Before Tax	16 000	91 000	329 000	208 000
Tax	4 000	20 000	74 000	48 000
Net Income	13 000	71 000	255 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	782 000	907 000	909 000	581 000
Total Assets	791 000	917 000	919 000	591 000
Total Retained Equity	468 000	455 000	384 000	129 000
Total Equity	568 000	555 000	484 000	229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	224 000	362 000	435 000	361 000
Total Equity and Debt	791 000	917 000	919 000	591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 045 000	1 457 000	2 057 000	1 741 000
Other Income	0	0	0	0
Revenue	1 045 000	1 457 000	2 057 000	1 741 000
Cost of Goods Sold	684 000	880 000	1 307 000	1 146 000
Salary Costs	29 000	23 000	24 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 017 000	1 361 000	1 714 000	1 521 000
Operating Profit	27 000	96 000	339 000	227 000
Financial Income	4 000	7 000	17 000	2 000
Financial Costs	16 000	12 000	27 000	21 000
Financial Balance	−12 000	−5 000	−10 000	−19 000
Dividends	0	0	0	0
Net Income	13 000	71 000	255 000	161 000

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	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	19 000	25 000	18 000	21 000
Total Investments	0	0	0	0
Cash, Bank	700 000	743 000	735 000	405 000
Total Current Assets	782 000	907 000	909 000	581 000
Total Assets	791 000	917 000	919 000	591 000
Total Equity	568 000	555 000	484 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	117 000	149 000	129 000
Unpaid Taxes	23 000	80 000	71 000	51 000
Dividends	0	0	0	0
Other Current Debt	144 000	145 000	141 000	138 000
Total Current Debt	224 000	362 000	435 000	361 000
Total Equity and Debt	791 000	917 000	919 000	591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,29 %	12,79 %	52,69 %	70,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,58 %	6,59 %	16,48 %	13,04 %
Current Ratio	3,49	2,51	2,09	1,61
Quick Ratio	3,81	2,69	2,18	1,71
Equity Ratio	0,72	0,61	0,53	0,39
Gross Profit Margin	34,55 %	39,6 %	36,46 %	34,18 %