NORSE AS

0161 OSLO

Finances

Return on Equity

−28,61 %

Current Ratio

4,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 912 000	56 653 000	57 282 000	54 638 000
Net Income	−11 594 000	10 768 000	12 193 000	11 735 000
Total Assets	51 019 000	75 501 000	75 062 000	64 322 000
Total Equity	40 521 000	56 314 000	53 832 000	47 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 912 000	56 653 000	57 282 000	54 638 000
Expenditure	39 082 000	49 007 000	44 017 000	42 380 000
Operating Profit	−3 170 000	7 647 000	13 265 000	12 258 000
Financial Income	419 000	9 221 000	5 057 000	4 115 000
Financial Costs	9 515 000	4 111 000	2 432 000	2 776 000
Financial Balance	−9 096 000	5 110 000	2 625 000	1 339 000
Earnings Before Tax	−12 266 000	12 756 000	15 890 000	13 597 000
Tax	−672 000	1 989 000	3 696 000	1 862 000
Net Income	−11 594 000	10 768 000	12 193 000	11 735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 430 000	9 442 000	10 960 000	11 560 000
Total Current Assets	42 589 000	66 059 000	64 102 000	52 763 000
Total Assets	51 019 000	75 501 000	75 062 000	64 322 000
Total Retained Equity	40 221 000	56 014 000	53 532 000	47 092 000
Total Equity	40 521 000	56 314 000	53 832 000	47 392 000
Total Long-Term Debt	60 000	60 000	60 000	60 000
Total Current Debt	10 438 000	19 127 000	21 171 000	16 870 000
Total Equity and Debt	51 019 000	75 501 000	75 062 000	64 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 558 000	55 916 000	56 762 000	49 680 000
Other Income	354 000	738 000	520 000	4 957 000
Revenue	35 912 000	56 653 000	57 282 000	54 638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 611 000	38 152 000	35 292 000	35 807 000
Depreciation	141 000	151 000	178 000	248 000
Impairment	0	0	0	0
Expenditure	39 082 000	49 007 000	44 017 000	42 380 000
Operating Profit	−3 170 000	7 647 000	13 265 000	12 258 000
Financial Income	419 000	9 221 000	5 057 000	4 115 000
Financial Costs	9 515 000	4 111 000	2 432 000	2 776 000
Financial Balance	−9 096 000	5 110 000	2 625 000	1 339 000
Dividends	1 063 000	428 000	339 000	360 000
Net Income	−11 594 000	10 768 000	12 193 000	11 735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	705 000	33 000	40 000	406 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	866 000	1 007 000	1 050 000	1 201 000
Total Tangible Assets	866 000	1 007 000	1 050 000	1 201 000
Total Fiancial Fixed Assets	6 860 000	8 402 000	9 870 000	9 953 000
Total Fixed Assets	8 430 000	9 442 000	10 960 000	11 560 000
Stock	0	0	0	0
Total Investments	21 984 000	27 333 000	24 646 000	16 249 000
Cash, Bank	14 039 000	33 805 000	36 199 000	31 067 000
Total Current Assets	42 589 000	66 059 000	64 102 000	52 763 000
Total Assets	51 019 000	75 501 000	75 062 000	64 322 000
Total Equity	40 521 000	56 314 000	53 832 000	47 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	60 000	60 000	60 000
Creditors	207 000	81 000	236 000	96 000
Unpaid Taxes	1 919 000	2 375 000	2 107 000	1 969 000
Dividends	1 063 000	428 000	339 000	360 000
Other Current Debt	7 249 000	14 262 000	14 793 000	12 440 000
Total Current Debt	10 438 000	19 127 000	21 171 000	16 870 000
Total Equity and Debt	51 019 000	75 501 000	75 062 000	64 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,61 %	19,12 %	22,65 %	24,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,83 %	13,5 %	23,16 %	22,43 %
Current Ratio	4,08	3,45	3,03	3,13
Quick Ratio	4,08	3,45	3,03	3,13
Equity Ratio	0,79	0,75	0,72	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %