NORGE TRE AS

3519 HØNEFOSS

Finances

Share Ownership

Return on Equity

30,93 %

Current Ratio

4,4

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 701 000	6 309 000	4 258 000	5 244 000
Net Income	640 000	874 000	326 000	204 000
Total Assets	3 395 000	3 656 000	2 478 000	1 923 000
Total Equity	2 069 000	1 829 000	1 756 000	1 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 701 000	6 309 000	4 258 000	5 244 000
Expenditure	5 858 000	5 168 000	3 843 000	4 980 000
Operating Profit	843 000	1 142 000	416 000	263 000
Financial Income	16 000	13 000	4 000	2 000
Financial Costs	36 000	33 000	3 000	3 000
Financial Balance	−20 000	−20 000	1 000	−1 000
Earnings Before Tax	823 000	1 122 000	417 000	263 000
Tax	184 000	249 000	92 000	59 000
Net Income	640 000	874 000	326 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	6 000	10 000
Total Current Assets	3 395 000	3 654 000	2 472 000	1 914 000
Total Assets	3 395 000	3 656 000	2 478 000	1 923 000
Total Retained Equity	1 869 000	1 629 000	1 556 000	1 230 000
Total Equity	2 069 000	1 829 000	1 756 000	1 430 000
Total Long-Term Debt	554 000	104 000	104 000	142 000
Total Current Debt	772 000	1 723 000	618 000	351 000
Total Equity and Debt	3 395 000	3 656 000	2 478 000	1 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 948 000	6 309 000	2 982 000	4 300 000
Other Income	1 753 000	0	1 276 000	944 000
Revenue	6 701 000	6 309 000	4 258 000	5 244 000
Cost of Goods Sold	4 221 000	3 546 000	2 601 000	3 675 000
Salary Costs	846 000	812 000	760 000	749 000
Depreciation	2 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	5 858 000	5 168 000	3 843 000	4 980 000
Operating Profit	843 000	1 142 000	416 000	263 000
Financial Income	16 000	13 000	4 000	2 000
Financial Costs	36 000	33 000	3 000	3 000
Financial Balance	−20 000	−20 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	640 000	874 000	326 000	204 000

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	2 000	6 000	10 000
Total Tangible Assets	0	2 000	6 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	6 000	10 000
Stock	235 000	260 000	175 000	304 000
Total Investments	0	0	0	0
Cash, Bank	2 902 000	3 165 000	1 850 000	1 502 000
Total Current Assets	3 395 000	3 654 000	2 472 000	1 914 000
Total Assets	3 395 000	3 656 000	2 478 000	1 923 000
Total Equity	2 069 000	1 829 000	1 756 000	1 430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	554 000	104 000	104 000	142 000
Creditors	190 000	158 000	219 000	80 000
Unpaid Taxes	226 000	442 000	218 000	119 000
Dividends	0	0	0	0
Other Current Debt	172 000	75 000	88 000	94 000
Total Current Debt	772 000	1 723 000	618 000	351 000
Total Equity and Debt	3 395 000	3 656 000	2 478 000	1 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,93 %	47,79 %	18,56 %	14,27 %
Debt-to-Equity Ratio	0,27	0,06	0,06	0,1
Operating Profit Margin	12,58 %	18,1 %	9,77 %	5,02 %
Current Ratio	4,4	2,12	4	5,45
Quick Ratio	6,32	2,5	5,58	40,72
Equity Ratio	0,61	0,5	0,71	0,74
Gross Profit Margin	37,01 %	43,79 %	38,91 %	29,92 %