NORESTRAEN INDUSTRIER AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

258,11 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 327 000	28 000	30 000	30 000
Total Assets	4 664 000	6 867 000	6 986 000	6 890 000
Total Equity	1 289 000	4 412 000	4 412 000	4 412 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 580 000	12 000	13 000	14 000
Operating Profit	−1 580 000	−12 000	−13 000	−14 000
Financial Income	4 907 000	96 000	96 000	95 000
Financial Costs	0	48 000	45 000	42 000
Financial Balance	4 907 000	48 000	51 000	53 000
Earnings Before Tax	3 327 000	36 000	39 000	38 000
Tax	0	8 000	9 000	8 000
Net Income	3 327 000	28 000	30 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 999 000	1 999 000	1 999 000
Total Current Assets	4 664 000	4 868 000	4 987 000	4 891 000
Total Assets	4 664 000	6 867 000	6 986 000	6 890 000
Total Retained Equity	28 000	3 151 000	3 151 000	3 151 000
Total Equity	1 289 000	4 412 000	4 412 000	4 412 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 375 000	2 455 000	2 574 000	2 478 000
Total Equity and Debt	4 664 000	6 867 000	6 986 000	6 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	1 420 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 580 000	12 000	13 000	14 000
Operating Profit	−1 580 000	−12 000	−13 000	−14 000
Financial Income	4 907 000	96 000	96 000	95 000
Financial Costs	0	48 000	45 000	42 000
Financial Balance	4 907 000	48 000	51 000	53 000
Dividends	3 300 000	0	0	0
Net Income	3 327 000	28 000	30 000	30 000

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	0	1 999 000	1 999 000	1 999 000
Total Fixed Assets	0	1 999 000	1 999 000	1 999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	29 000	54 000	54 000
Total Current Assets	4 664 000	4 868 000	4 987 000	4 891 000
Total Assets	4 664 000	6 867 000	6 986 000	6 890 000
Total Equity	1 289 000	4 412 000	4 412 000	4 412 000
Short-Term Group Debt	0	2 454 000	2 359 000	2 263 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	3 300 000	0	0	0
Other Current Debt	74 000	0	215 000	215 000
Total Current Debt	3 375 000	2 455 000	2 574 000	2 478 000
Total Equity and Debt	4 664 000	6 867 000	6 986 000	6 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	258,11 %	0,63 %	0,68 %	0,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,38	1,98	1,94	1,97
Quick Ratio	1,38	1,98	1,94	1,97
Equity Ratio	0,28	0,64	0,63	0,64
Gross Profit Margin	-	-	-	-