NORDREN AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

28,25 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	503 304 000	439 791 000	405 523 000	317 142 000
Net Income	53 910 000	43 643 000	37 791 000	12 016 000
Total Assets	484 617 000	470 900 000	446 479 000	378 250 000
Total Equity	190 854 000	136 944 000	113 301 000	75 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	503 304 000	439 791 000	405 523 000	317 142 000
Expenditure	427 809 000	377 344 000	349 159 000	294 124 000
Operating Profit	75 494 000	62 446 000	56 364 000	23 018 000
Financial Income	1 210 000	344 000	450 000	407 000
Financial Costs	7 588 000	6 672 000	8 434 000	7 753 000
Financial Balance	−6 378 000	−6 328 000	−7 984 000	−7 346 000
Earnings Before Tax	69 116 000	56 118 000	48 381 000	15 672 000
Tax	15 206 000	12 475 000	10 590 000	3 656 000
Net Income	53 910 000	43 643 000	37 791 000	12 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	381 317 000	353 091 000	282 745 000	262 686 000
Total Current Assets	103 300 000	117 808 000	163 734 000	115 564 000
Total Assets	484 617 000	470 900 000	446 479 000	378 250 000
Total Retained Equity	143 721 000	89 811 000	66 168 000	28 689 000
Total Equity	190 854 000	136 944 000	113 301 000	75 822 000
Total Long-Term Debt	191 747 000	236 754 000	247 438 000	236 659 000
Total Current Debt	102 017 000	97 202 000	85 739 000	65 769 000
Total Equity and Debt	484 617 000	470 900 000	446 479 000	378 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	502 357 000	439 076 000	404 720 000	314 143 000
Other Income	947 000	715 000	803 000	2 999 000
Revenue	503 304 000	439 791 000	405 523 000	317 142 000
Cost of Goods Sold	2 913 000	1 852 000	4 239 000	3 979 000
Salary Costs	242 470 000	218 191 000	201 407 000	169 670 000
Depreciation	45 669 000	43 162 000	40 305 000	28 194 000
Impairment	0	0	0	0
Expenditure	427 809 000	377 344 000	349 159 000	294 124 000
Operating Profit	75 494 000	62 446 000	56 364 000	23 018 000
Financial Income	1 210 000	344 000	450 000	407 000
Financial Costs	7 588 000	6 672 000	8 434 000	7 753 000
Financial Balance	−6 378 000	−6 328 000	−7 984 000	−7 346 000
Dividends	0	20 000 000	0	0
Net Income	53 910 000	43 643 000	37 791 000	12 016 000

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	32 411 000	30 284 000	24 344 000	15 505 000
Fixtures	207 288 000	246 662 000	252 421 000	238 714 000
Total Tangible Assets	239 699 000	276 945 000	276 765 000	254 219 000
Total Fiancial Fixed Assets	141 618 000	76 146 000	5 980 000	8 467 000
Total Fixed Assets	381 317 000	353 091 000	282 745 000	262 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 680 000	43 597 000	104 228 000	64 886 000
Total Current Assets	103 300 000	117 808 000	163 734 000	115 564 000
Total Assets	484 617 000	470 900 000	446 479 000	378 250 000
Total Equity	190 854 000	136 944 000	113 301 000	75 822 000
Short-Term Group Debt	0	0	400 000	0
Total Long-Term Debt	191 747 000	236 754 000	247 438 000	236 659 000
Creditors	15 949 000	17 442 000	9 779 000	12 368 000
Unpaid Taxes	27 080 000	27 453 000	26 977 000	19 017 000
Dividends	0	20 000 000	0	0
Other Current Debt	45 783 000	41 875 000	39 116 000	32 095 000
Total Current Debt	102 017 000	97 202 000	85 739 000	65 769 000
Total Equity and Debt	484 617 000	470 900 000	446 479 000	378 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,25 %	31,87 %	33,35 %	15,85 %
Debt-to-Equity Ratio	1	1,73	2,18	3,12
Operating Profit Margin	15 %	14,2 %	13,9 %	7,26 %
Current Ratio	1,01	1,21	1,91	1,76
Quick Ratio	1,01	1,21	1,91	1,76
Equity Ratio	0,39	0,29	0,25	0,2
Gross Profit Margin	99,42 %	99,58 %	98,95 %	98,75 %