NORINVEST AS

0278 OSLO

Finances

Return on Equity

23,68 %

Current Ratio

4,3

Debt-to-Equity Ratio

43,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 515 000	4 349 000	4 292 000	4 283 000
Net Income	590 000	2 987 000	1 582 000	1 267 000
Total Assets	113 069 000	110 372 000	86 215 000	68 409 000
Total Equity	2 492 000	3 602 000	2 015 000	2 218 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 515 000	4 349 000	4 292 000	4 283 000
Expenditure	2 608 000	2 460 000	2 571 000	2 432 000
Operating Profit	1 907 000	1 889 000	1 721 000	1 850 000
Financial Income	3 428 000	4 142 000	2 159 000	1 419 000
Financial Costs	4 574 000	2 804 000	2 341 000	1 822 000
Financial Balance	−1 146 000	1 338 000	−182 000	−403 000
Earnings Before Tax	761 000	3 227 000	1 539 000	1 447 000
Tax	171 000	240 000	−43 000	180 000
Net Income	590 000	2 987 000	1 582 000	1 267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 973 000	104 235 000	81 794 000	64 060 000
Total Current Assets	12 096 000	6 137 000	4 421 000	4 349 000
Total Assets	113 069 000	110 372 000	86 215 000	68 409 000
Total Retained Equity	1 692 000	3 102 000	1 515 000	1 718 000
Total Equity	2 492 000	3 602 000	2 015 000	2 218 000
Total Long-Term Debt	107 766 000	105 559 000	81 603 000	63 700 000
Total Current Debt	2 811 000	1 211 000	2 597 000	2 492 000
Total Equity and Debt	113 069 000	110 372 000	86 215 000	68 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 349 000	0	4 283 000
Other Income	4 515 000	0	4 292 000	0
Revenue	4 515 000	4 349 000	4 292 000	4 283 000
Cost of Goods Sold	0	0	0	0
Salary Costs	915 000	880 000	837 000	838 000
Depreciation	815 000	805 000	786 000	836 000
Impairment	0	0	0	0
Expenditure	2 608 000	2 460 000	2 571 000	2 432 000
Operating Profit	1 907 000	1 889 000	1 721 000	1 850 000
Financial Income	3 428 000	4 142 000	2 159 000	1 419 000
Financial Costs	4 574 000	2 804 000	2 341 000	1 822 000
Financial Balance	−1 146 000	1 338 000	−182 000	−403 000
Dividends	0	1 400 000	1 400 000	1 200 000
Net Income	590 000	2 987 000	1 582 000	1 267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	254 000
Real Eastate	19 552 000	20 306 000	20 850 000	21 423 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	0	0	0
Total Tangible Assets	19 730 000	20 306 000	20 850 000	21 423 000
Total Fiancial Fixed Assets	81 243 000	83 929 000	60 944 000	42 384 000
Total Fixed Assets	100 973 000	104 235 000	81 794 000	64 060 000
Stock	0	0	0	0
Total Investments	1 584 000	0	0	0
Cash, Bank	1 287 000	2 245 000	2 337 000	3 142 000
Total Current Assets	12 096 000	6 137 000	4 421 000	4 349 000
Total Assets	113 069 000	110 372 000	86 215 000	68 409 000
Total Equity	2 492 000	3 602 000	2 015 000	2 218 000
Short-Term Group Debt	698 000	0	0	200 000
Total Long-Term Debt	107 766 000	105 559 000	81 603 000	63 700 000
Creditors	143 000	134 000	53 000	159 000
Unpaid Taxes	136 000	97 000	88 000	60 000
Dividends	0	1 400 000	1 400 000	1 200 000
Other Current Debt	1 835 000	979 000	1 057 000	872 000
Total Current Debt	2 811 000	1 211 000	2 597 000	2 492 000
Total Equity and Debt	113 069 000	110 372 000	86 215 000	68 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,68 %	82,93 %	78,51 %	57,12 %
Debt-to-Equity Ratio	43,24	29,31	40,5	28,72
Operating Profit Margin	42,24 %	43,44 %	40,1 %	43,19 %
Current Ratio	4,3	5,07	1,7	1,75
Quick Ratio	4,3	5,07	1,7	1,75
Equity Ratio	0,02	0,03	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %