NORKEM AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

4,47 %

Current Ratio

2,52

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 462 000	41 109 000	43 756 000	31 365 000
Net Income	409 000	1 525 000	3 750 000	378 000
Total Assets	27 416 000	28 213 000	26 740 000	23 585 000
Total Equity	9 150 000	8 741 000	10 193 000	7 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 462 000	41 109 000	43 756 000	31 365 000
Expenditure	38 412 000	38 587 000	38 367 000	30 313 000
Operating Profit	1 049 000	2 522 000	5 390 000	1 052 000
Financial Income	417 000	159 000	468 000	113 000
Financial Costs	895 000	725 000	1 049 000	674 000
Financial Balance	−478 000	−566 000	−581 000	−561 000
Earnings Before Tax	572 000	1 955 000	4 809 000	491 000
Tax	163 000	430 000	1 058 000	113 000
Net Income	409 000	1 525 000	3 750 000	378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 254 000	13 309 000	12 161 000	12 443 000
Total Current Assets	15 162 000	14 904 000	14 579 000	11 142 000
Total Assets	27 416 000	28 213 000	26 740 000	23 585 000
Total Retained Equity	9 075 000	8 666 000	10 093 000	7 343 000
Total Equity	9 150 000	8 741 000	10 193 000	7 443 000
Total Long-Term Debt	12 238 000	12 250 000	10 004 000	11 300 000
Total Current Debt	6 027 000	7 222 000	6 543 000	4 842 000
Total Equity and Debt	27 416 000	28 213 000	26 740 000	23 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 462 000	41 109 000	43 756 000	31 365 000
Other Income	0	0	0	0
Revenue	39 462 000	41 109 000	43 756 000	31 365 000
Cost of Goods Sold	24 171 000	22 870 000	23 092 000	17 597 000
Salary Costs	10 049 000	10 876 000	10 222 000	8 536 000
Depreciation	1 198 000	1 177 000	1 287 000	1 322 000
Impairment	0	0	0	0
Expenditure	38 412 000	38 587 000	38 367 000	30 313 000
Operating Profit	1 049 000	2 522 000	5 390 000	1 052 000
Financial Income	417 000	159 000	468 000	113 000
Financial Costs	895 000	725 000	1 049 000	674 000
Financial Balance	−478 000	−566 000	−581 000	−561 000
Dividends	0	800 000	0	0
Net Income	409 000	1 525 000	3 750 000	378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 368 000	10 883 000	11 364 000	11 209 000
Machinery and Plant Facilities	1 819 000	2 415 000	780 000	1 224 000
Fixtures	67 000	11 000	17 000	10 000
Total Tangible Assets	12 254 000	13 309 000	12 161 000	12 443 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 254 000	13 309 000	12 161 000	12 443 000
Stock	9 056 000	10 038 000	7 685 000	7 410 000
Total Investments	0	0	0	0
Cash, Bank	1 463 000	551 000	2 925 000	755 000
Total Current Assets	15 162 000	14 904 000	14 579 000	11 142 000
Total Assets	27 416 000	28 213 000	26 740 000	23 585 000
Total Equity	9 150 000	8 741 000	10 193 000	7 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 238 000	12 250 000	10 004 000	11 300 000
Creditors	1 835 000	2 949 000	1 693 000	1 203 000
Unpaid Taxes	1 349 000	1 030 000	1 351 000	1 217 000
Dividends	0	800 000	0	0
Other Current Debt	2 138 000	2 497 000	2 355 000	1 224 000
Total Current Debt	6 027 000	7 222 000	6 543 000	4 842 000
Total Equity and Debt	27 416 000	28 213 000	26 740 000	23 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,47 %	17,45 %	36,79 %	5,08 %
Debt-to-Equity Ratio	1,34	1,4	0,98	1,52
Operating Profit Margin	2,66 %	6,13 %	12,32 %	3,35 %
Current Ratio	2,52	2,06	2,23	2,3
Quick Ratio	−5,01	−5,29	−12,77	−4,34
Equity Ratio	0,33	0,31	0,38	0,32
Gross Profit Margin	38,75 %	44,37 %	47,23 %	43,9 %