NORERINGEN INVEST AS

7870 GRONG

Finances

Return on Equity

2,59 %

Current Ratio

13,03

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	10 000	6 000
Net Income	66 000	−15 000	11 000	−173 000
Total Assets	2 954 000	3 134 000	3 443 000	3 670 000
Total Equity	2 550 000	2 624 000	2 789 000	2 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	10 000	6 000
Expenditure	62 000	118 000	121 000	318 000
Operating Profit	−63 000	−118 000	−111 000	−312 000
Financial Income	117 000	80 000	102 000	78 000
Financial Costs	0	0	0	1 000
Financial Balance	117 000	80 000	102 000	77 000
Earnings Before Tax	55 000	−39 000	−9 000	−234 000
Tax	−11 000	−24 000	−20 000	−61 000
Net Income	66 000	−15 000	11 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 000	257 000	257 000	257 000
Total Current Assets	2 697 000	2 878 000	3 187 000	3 414 000
Total Assets	2 954 000	3 134 000	3 443 000	3 670 000
Total Retained Equity	2 350 000	2 424 000	2 589 000	2 778 000
Total Equity	2 550 000	2 624 000	2 789 000	2 978 000
Total Long-Term Debt	197 000	247 000	299 000	374 000
Total Current Debt	207 000	264 000	355 000	318 000
Total Equity and Debt	2 954 000	3 134 000	3 443 000	3 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	10 000	−1 000
Other Income	0	0	0	7 000
Revenue	0	0	10 000	6 000
Cost of Goods Sold	0	0	0	0
Salary Costs	53 000	119 000	120 000	213 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	118 000	121 000	318 000
Operating Profit	−63 000	−118 000	−111 000	−312 000
Financial Income	117 000	80 000	102 000	78 000
Financial Costs	0	0	0	1 000
Financial Balance	117 000	80 000	102 000	77 000
Dividends	140 000	150 000	200 000	250 000
Net Income	66 000	−15 000	11 000	−173 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	257 000	257 000	257 000	257 000
Total Fixed Assets	257 000	257 000	257 000	257 000
Stock	0	0	0	0
Total Investments	1 710 000	1 266 000	1 266 000	1 266 000
Cash, Bank	987 000	1 612 000	1 921 000	2 147 000
Total Current Assets	2 697 000	2 878 000	3 187 000	3 414 000
Total Assets	2 954 000	3 134 000	3 443 000	3 670 000
Total Equity	2 550 000	2 624 000	2 789 000	2 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 000	247 000	299 000	374 000
Creditors	0	0	0	0
Unpaid Taxes	28 000	55 000	35 000	0
Dividends	140 000	150 000	200 000	250 000
Other Current Debt	1 000	30 000	65 000	31 000
Total Current Debt	207 000	264 000	355 000	318 000
Total Equity and Debt	2 954 000	3 134 000	3 443 000	3 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,59 %	−0,57 %	0,39 %	−5,81 %
Debt-to-Equity Ratio	0,08	0,09	0,11	0,13
Operating Profit Margin	-	-	−1 110 %	−5 200 %
Current Ratio	13,03	10,9	8,98	10,74
Quick Ratio	13,03	10,9	8,98	10,74
Equity Ratio	0,86	0,84	0,81	0,81
Gross Profit Margin	-	-	100 %	100 %