NORSK FORANKRING AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

17,3 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 286 000	1 137 000	1 212 000	325 000
Net Income	68 000	124 000	226 000	19 000
Total Assets	1 009 000	759 000	495 000	230 000
Total Equity	393 000	325 000	202 000	−24 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 286 000	1 137 000	1 212 000	325 000
Expenditure	1 197 000	992 000	971 000	308 000
Operating Profit	89 000	145 000	241 000	16 000
Financial Income	0	4 000	1 000	5 000
Financial Costs	2 000	0	1 000	3 000
Financial Balance	−2 000	4 000	0	2 000
Earnings Before Tax	87 000	148 000	240 000	19 000
Tax	19 000	24 000	15 000	0
Net Income	68 000	124 000	226 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	427 000	487 000	24 000	49 000
Total Current Assets	583 000	273 000	471 000	181 000
Total Assets	1 009 000	759 000	495 000	230 000
Total Retained Equity	293 000	225 000	102 000	−124 000
Total Equity	393 000	325 000	202 000	−24 000
Total Long-Term Debt	297 000	395 000	223 000	231 000
Total Current Debt	319 000	39 000	70 000	24 000
Total Equity and Debt	1 009 000	759 000	495 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 286 000	1 137 000	1 212 000	317 000
Other Income	0	0	0	8 000
Revenue	1 286 000	1 137 000	1 212 000	325 000
Cost of Goods Sold	656 000	690 000	791 000	208 000
Salary Costs	192 000	12 000	0	12 000
Depreciation	110 000	92 000	25 000	32 000
Impairment	0	0	0	0
Expenditure	1 197 000	992 000	971 000	308 000
Operating Profit	89 000	145 000	241 000	16 000
Financial Income	0	4 000	1 000	5 000
Financial Costs	2 000	0	1 000	3 000
Financial Balance	−2 000	4 000	0	2 000
Dividends	0	0	0	0
Net Income	68 000	124 000	226 000	19 000

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	427 000	487 000	24 000	49 000
Total Tangible Assets	427 000	487 000	24 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	427 000	487 000	24 000	49 000
Stock	20 000	29 000	24 000	84 000
Total Investments	0	0	0	0
Cash, Bank	247 000	242 000	419 000	97 000
Total Current Assets	583 000	273 000	471 000	181 000
Total Assets	1 009 000	759 000	495 000	230 000
Total Equity	393 000	325 000	202 000	−24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	297 000	395 000	223 000	231 000
Creditors	232 000	14 000	17 000	16 000
Unpaid Taxes	38 000	4 000	39 000	0
Dividends	0	0	0	0
Other Current Debt	31 000	0	0	7 000
Total Current Debt	319 000	39 000	70 000	24 000
Total Equity and Debt	1 009 000	759 000	495 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,3 %	38,15 %	111,88 %	−79,17 %
Debt-to-Equity Ratio	0,76	1,22	1,1	−9,63
Operating Profit Margin	6,92 %	12,75 %	19,88 %	4,92 %
Current Ratio	1,83	7	6,73	7,54
Quick Ratio	1,95	27,3	10,24	−3,02
Equity Ratio	0,39	0,43	0,41	−0,1
Gross Profit Margin	48,99 %	39,31 %	34,74 %	36 %