NOREN MALER OG BYGGTAPETSERFORRETNING AS

1658 TORP

Finances

Share Ownership

Return on Equity

−11,59 %

Current Ratio

1,34

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 871 000	33 996 000	26 523 000	17 968 000
Net Income	−404 000	1 951 000	3 217 000	357 000
Total Assets	16 190 000	13 438 000	8 063 000	6 565 000
Total Equity	3 487 000	3 221 000	3 146 000	3 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 871 000	33 996 000	26 523 000	17 968 000
Expenditure	42 338 000	31 471 000	26 091 000	17 542 000
Operating Profit	−468 000	2 525 000	432 000	426 000
Financial Income	38 000	2 000	2 892 000	1 000
Financial Costs	87 000	85 000	3 000	11 000
Financial Balance	−49 000	−83 000	2 889 000	−10 000
Earnings Before Tax	−517 000	2 443 000	3 321 000	415 000
Tax	−113 000	491 000	104 000	58 000
Net Income	−404 000	1 951 000	3 217 000	357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 020 000	2 929 000	267 000	412 000
Total Current Assets	9 171 000	10 509 000	7 796 000	6 153 000
Total Assets	16 190 000	13 438 000	8 063 000	6 565 000
Total Retained Equity	2 717 000	3 121 000	3 046 000	3 267 000
Total Equity	3 487 000	3 221 000	3 146 000	3 367 000
Total Long-Term Debt	5 868 000	2 557 000	0	0
Total Current Debt	6 835 000	7 660 000	4 917 000	3 199 000
Total Equity and Debt	16 190 000	13 438 000	8 063 000	6 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 844 000	33 996 000	26 523 000	17 883 000
Other Income	27 000	0	0	85 000
Revenue	41 871 000	33 996 000	26 523 000	17 968 000
Cost of Goods Sold	13 105 000	7 655 000	6 514 000	3 544 000
Salary Costs	22 856 000	17 838 000	15 021 000	10 943 000
Depreciation	1 504 000	792 000	63 000	50 000
Impairment	0	0	0	0
Expenditure	42 338 000	31 471 000	26 091 000	17 542 000
Operating Profit	−468 000	2 525 000	432 000	426 000
Financial Income	38 000	2 000	2 892 000	1 000
Financial Costs	87 000	85 000	3 000	11 000
Financial Balance	−49 000	−83 000	2 889 000	−10 000
Dividends	0	0	0	0
Net Income	−404 000	1 951 000	3 217 000	357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	213 000	0	0	0
Total Intangible Assets	213 000	47 000	0	0
Real Eastate	0	22 000	27 000	32 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 684 000	2 803 000	240 000	153 000
Total Tangible Assets	6 684 000	2 825 000	267 000	185 000
Total Fiancial Fixed Assets	122 000	57 000	0	227 000
Total Fixed Assets	7 020 000	2 929 000	267 000	412 000
Stock	315 000	282 000	364 000	334 000
Total Investments	0	0	31 000	0
Cash, Bank	1 053 000	530 000	759 000	1 548 000
Total Current Assets	9 171 000	10 509 000	7 796 000	6 153 000
Total Assets	16 190 000	13 438 000	8 063 000	6 565 000
Total Equity	3 487 000	3 221 000	3 146 000	3 367 000
Short-Term Group Debt	50 000	2 406 000	471 000	0
Total Long-Term Debt	5 868 000	2 557 000	0	0
Creditors	1 316 000	775 000	523 000	485 000
Unpaid Taxes	2 931 000	2 108 000	2 117 000	1 518 000
Dividends	0	0	0	0
Other Current Debt	2 538 000	2 363 000	1 805 000	1 137 000
Total Current Debt	6 835 000	7 660 000	4 917 000	3 199 000
Total Equity and Debt	16 190 000	13 438 000	8 063 000	6 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,59 %	60,57 %	102,26 %	10,6 %
Debt-to-Equity Ratio	1,68	0,79	0	0
Operating Profit Margin	−1,12 %	7,43 %	1,63 %	2,37 %
Current Ratio	1,34	1,37	1,59	1,92
Quick Ratio	1,41	1,42	1,71	2,15
Equity Ratio	0,22	0,24	0,39	0,51
Gross Profit Margin	68,7 %	77,48 %	75,44 %	80,28 %