NORLETT SERVICE AS

1815 ASKIM

Finances

Return on Equity

22,21 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 672 000	24 960 000	22 297 000	21 973 000
Net Income	1 782 000	1 214 000	1 163 000	806 000
Total Assets	16 251 000	11 626 000	9 964 000	9 365 000
Total Equity	8 023 000	6 318 000	5 182 000	4 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 672 000	24 960 000	22 297 000	21 973 000
Expenditure	24 405 000	23 426 000	20 856 000	20 944 000
Operating Profit	2 267 000	1 534 000	1 442 000	1 029 000
Financial Income	26 000	15 000	15 000	14 000
Financial Costs	6 000	7 000	6 000	5 000
Financial Balance	20 000	8 000	9 000	9 000
Earnings Before Tax	2 287 000	1 542 000	1 451 000	1 037 000
Tax	504 000	328 000	288 000	231 000
Net Income	1 782 000	1 214 000	1 163 000	806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 503 000	1 255 000	817 000	1 043 000
Total Current Assets	14 748 000	10 371 000	9 147 000	8 322 000
Total Assets	16 251 000	11 626 000	9 964 000	9 365 000
Total Retained Equity	7 727 000	6 022 000	4 886 000	3 836 000
Total Equity	8 023 000	6 318 000	5 182 000	4 132 000
Total Long-Term Debt	2 186 000	2 164 000	2 109 000	1 900 000
Total Current Debt	6 042 000	3 144 000	2 672 000	3 333 000
Total Equity and Debt	16 251 000	11 626 000	9 964 000	9 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 610 000	24 489 000	21 953 000	21 965 000
Other Income	62 000	471 000	344 000	8 000
Revenue	26 672 000	24 960 000	22 297 000	21 973 000
Cost of Goods Sold	16 303 000	15 341 000	14 045 000	14 841 000
Salary Costs	4 776 000	5 096 000	4 149 000	3 659 000
Depreciation	199 000	232 000	244 000	163 000
Impairment	0	0	0	0
Expenditure	24 405 000	23 426 000	20 856 000	20 944 000
Operating Profit	2 267 000	1 534 000	1 442 000	1 029 000
Financial Income	26 000	15 000	15 000	14 000
Financial Costs	6 000	7 000	6 000	5 000
Financial Balance	20 000	8 000	9 000	9 000
Dividends	0	0	0	0
Net Income	1 782 000	1 214 000	1 163 000	806 000

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	981 000	733 000	295 000	520 000
Total Tangible Assets	981 000	733 000	295 000	520 000
Total Fiancial Fixed Assets	523 000	523 000	523 000	523 000
Total Fixed Assets	1 503 000	1 255 000	817 000	1 043 000
Stock	9 882 000	6 699 000	5 462 000	5 136 000
Total Investments	0	0	0	0
Cash, Bank	2 427 000	2 320 000	2 102 000	1 660 000
Total Current Assets	14 748 000	10 371 000	9 147 000	8 322 000
Total Assets	16 251 000	11 626 000	9 964 000	9 365 000
Total Equity	8 023 000	6 318 000	5 182 000	4 132 000
Short-Term Group Debt	344 000	244 000	144 000	209 000
Total Long-Term Debt	2 186 000	2 164 000	2 109 000	1 900 000
Creditors	4 066 000	1 579 000	1 250 000	1 960 000
Unpaid Taxes	631 000	495 000	552 000	569 000
Dividends	0	0	0	0
Other Current Debt	541 000	574 000	471 000	409 000
Total Current Debt	6 042 000	3 144 000	2 672 000	3 333 000
Total Equity and Debt	16 251 000	11 626 000	9 964 000	9 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,21 %	19,21 %	22,44 %	19,51 %
Debt-to-Equity Ratio	0,27	0,34	0,41	0,46
Operating Profit Margin	8,5 %	6,15 %	6,47 %	4,68 %
Current Ratio	2,44	3,3	3,42	2,5
Quick Ratio	−3,84	−2,92	−3,28	−4,62
Equity Ratio	0,49	0,54	0,52	0,44
Gross Profit Margin	38,88 %	38,54 %	37,01 %	32,46 %