NORMAR AS

5580 ØLEN

Finances

Return on Equity

27,32 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−17 000	192 000	0	664 000
Net Income	17 821 000	27 413 000	20 697 000	5 339 000
Total Assets	83 229 000	94 747 000	79 066 000	81 571 000
Total Equity	65 229 000	65 408 000	65 895 000	76 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	−17 000	192 000	0	664 000
Expenditure	2 509 000	1 723 000	979 000	−1 497 000
Operating Profit	−2 525 000	−1 531 000	−979 000	2 161 000
Financial Income	20 327 000	28 843 000	21 633 000	3 725 000
Financial Costs	32 000	36 000	42 000	56 000
Financial Balance	20 295 000	28 807 000	21 591 000	3 669 000
Earnings Before Tax	17 770 000	27 275 000	20 612 000	5 829 000
Tax	−51 000	−137 000	−85 000	490 000
Net Income	17 821 000	27 413 000	20 697 000	5 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 457 000	57 677 000	57 578 000	52 385 000
Total Current Assets	27 772 000	37 070 000	21 488 000	29 186 000
Total Assets	83 229 000	94 747 000	79 066 000	81 571 000
Total Retained Equity	65 148 000	65 327 000	65 814 000	76 500 000
Total Equity	65 229 000	65 408 000	65 895 000	76 581 000
Total Long-Term Debt	0	1 439 000	1 525 000	1 672 000
Total Current Debt	18 000 000	27 900 000	11 645 000	3 317 000
Total Equity and Debt	83 229 000	94 747 000	79 066 000	81 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	600 000
Other Income	−17 000	192 000	0	64 000
Revenue	−17 000	192 000	0	664 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	33 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	2 509 000	1 723 000	979 000	−1 497 000
Operating Profit	−2 525 000	−1 531 000	−979 000	2 161 000
Financial Income	20 327 000	28 843 000	21 633 000	3 725 000
Financial Costs	32 000	36 000	42 000	56 000
Financial Balance	20 295 000	28 807 000	21 591 000	3 669 000
Dividends	0	0	0	4 509 000
Net Income	17 821 000	27 413 000	20 697 000	5 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	167 000	116 000	0	0
Real Eastate	0	2 259 000	2 259 000	2 259 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	18 000	36 000	68 000
Total Tangible Assets	7 000	2 277 000	2 294 000	2 326 000
Total Fiancial Fixed Assets	55 283 000	55 283 000	55 283 000	50 058 000
Total Fixed Assets	55 457 000	57 677 000	57 578 000	52 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 263 000	8 030 000	17 090 000	19 731 000
Total Current Assets	27 772 000	37 070 000	21 488 000	29 186 000
Total Assets	83 229 000	94 747 000	79 066 000	81 571 000
Total Equity	65 229 000	65 408 000	65 895 000	76 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 439 000	1 525 000	1 672 000
Creditors	0	0	0	146 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	4 509 000
Other Current Debt	18 000 000	27 900 000	6 587 000	1 000
Total Current Debt	18 000 000	27 900 000	11 645 000	3 317 000
Total Equity and Debt	83 229 000	94 747 000	79 066 000	81 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,32 %	41,91 %	31,41 %	6,97 %
Debt-to-Equity Ratio	0	0,02	0,02	0,02
Operating Profit Margin	14 852,94 %	−797,4 %	-	325,45 %
Current Ratio	1,54	1,33	1,85	8,8
Quick Ratio	1,54	1,33	1,85	8,8
Equity Ratio	0,78	0,69	0,83	0,94
Gross Profit Margin	100 %	100 %	-	100 %