NORSK FORMULARINDUSTRI AS

3051 MJØNDALEN

Finances

Share Ownership

Return on Equity

−7,91 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 927 000	23 168 000	24 778 000	30 496 000
Net Income	−799 000	−181 000	281 000	75 000
Total Assets	13 441 000	13 843 000	14 160 000	14 684 000
Total Equity	10 103 000	10 902 000	11 083 000	11 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 927 000	23 168 000	24 778 000	30 496 000
Expenditure	25 760 000	24 002 000	24 342 000	30 355 000
Operating Profit	−834 000	−201 000	437 000	142 000
Financial Income	40 000	23 000	12 000	10 000
Financial Costs	6 000	4 000	46 000	24 000
Financial Balance	34 000	19 000	−34 000	−14 000
Earnings Before Tax	−799 000	−181 000	402 000	127 000
Tax	0	0	121 000	52 000
Net Income	−799 000	−181 000	281 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 931 000	307 000	657 000	1 359 000
Total Current Assets	11 510 000	13 536 000	13 502 000	13 325 000
Total Assets	13 441 000	13 843 000	14 160 000	14 684 000
Total Retained Equity	9 603 000	10 402 000	10 583 000	10 582 000
Total Equity	10 103 000	10 902 000	11 083 000	11 082 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 339 000	2 942 000	3 077 000	3 602 000
Total Equity and Debt	13 441 000	13 843 000	14 160 000	14 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 759 000	23 010 000	23 903 000	30 342 000
Other Income	168 000	158 000	874 000	154 000
Revenue	24 927 000	23 168 000	24 778 000	30 496 000
Cost of Goods Sold	8 831 000	7 999 000	7 526 000	10 794 000
Salary Costs	9 110 000	8 230 000	8 868 000	10 492 000
Depreciation	422 000	350 000	702 000	877 000
Impairment	0	0	0	0
Expenditure	25 760 000	24 002 000	24 342 000	30 355 000
Operating Profit	−834 000	−201 000	437 000	142 000
Financial Income	40 000	23 000	12 000	10 000
Financial Costs	6 000	4 000	46 000	24 000
Financial Balance	34 000	19 000	−34 000	−14 000
Dividends	0	0	0	0
Net Income	−799 000	−181 000	281 000	75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	8 000	18 000
Total Intangible Assets	0	0	8 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 931 000	307 000	649 000	1 341 000
Total Tangible Assets	1 931 000	307 000	649 000	1 341 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 931 000	307 000	657 000	1 359 000
Stock	3 790 000	3 602 000	3 004 000	3 597 000
Total Investments	0	0	0	0
Cash, Bank	4 638 000	7 202 000	6 601 000	5 741 000
Total Current Assets	11 510 000	13 536 000	13 502 000	13 325 000
Total Assets	13 441 000	13 843 000	14 160 000	14 684 000
Total Equity	10 103 000	10 902 000	11 083 000	11 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	856 000	223 000	117 000	1 055 000
Unpaid Taxes	1 179 000	1 439 000	1 310 000	1 356 000
Dividends	0	0	0	0
Other Current Debt	1 259 000	1 230 000	1 479 000	1 138 000
Total Current Debt	3 339 000	2 942 000	3 077 000	3 602 000
Total Equity and Debt	13 441 000	13 843 000	14 160 000	14 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,91 %	−1,66 %	2,54 %	0,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,35 %	−0,87 %	1,76 %	0,47 %
Current Ratio	3,45	4,6	4,39	3,7
Quick Ratio	−25,52	−20,51	184,96	2 665
Equity Ratio	0,75	0,79	0,78	0,75
Gross Profit Margin	64,57 %	65,47 %	69,63 %	64,61 %