NORFAX AS

2007 KJELLER

Finances

Share Ownership

Return on Equity

38,95 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 346 000	33 587 000	48 830 000	41 255 000
Net Income	4 004 000	425 000	3 332 000	1 700 000
Total Assets	23 189 000	19 571 000	16 104 000	16 750 000
Total Equity	10 279 000	6 273 000	8 348 000	6 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 346 000	33 587 000	48 830 000	41 255 000
Expenditure	44 647 000	32 743 000	43 629 000	38 524 000
Operating Profit	5 698 000	843 000	5 201 000	2 730 000
Financial Income	242 000	260 000	263 000	111 000
Financial Costs	804 000	554 000	1 191 000	658 000
Financial Balance	−562 000	−294 000	−928 000	−547 000
Earnings Before Tax	5 136 000	549 000	4 272 000	2 182 000
Tax	1 132 000	124 000	940 000	482 000
Net Income	4 004 000	425 000	3 332 000	1 700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	439 000	476 000	183 000	252 000
Total Current Assets	22 750 000	19 095 000	15 921 000	16 498 000
Total Assets	23 189 000	19 571 000	16 104 000	16 750 000
Total Retained Equity	9 579 000	5 573 000	7 648 000	5 816 000
Total Equity	10 279 000	6 273 000	8 348 000	6 516 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 910 000	13 298 000	7 757 000	10 234 000
Total Equity and Debt	23 189 000	19 571 000	16 104 000	16 750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 295 000	33 555 000	45 901 000	41 218 000
Other Income	51 000	31 000	2 929 000	37 000
Revenue	50 346 000	33 587 000	48 830 000	41 255 000
Cost of Goods Sold	34 274 000	22 139 000	32 995 000	28 798 000
Salary Costs	6 099 000	7 563 000	6 330 000	5 581 000
Depreciation	107 000	70 000	83 000	102 000
Impairment	0	0	0	0
Expenditure	44 647 000	32 743 000	43 629 000	38 524 000
Operating Profit	5 698 000	843 000	5 201 000	2 730 000
Financial Income	242 000	260 000	263 000	111 000
Financial Costs	804 000	554 000	1 191 000	658 000
Financial Balance	−562 000	−294 000	−928 000	−547 000
Dividends	0	2 500 000	0	0
Net Income	4 004 000	425 000	3 332 000	1 700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	24 000	17 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	408 000	451 000	136 000	201 000
Total Tangible Assets	408 000	451 000	136 000	201 000
Total Fiancial Fixed Assets	0	0	30 000	0
Total Fixed Assets	439 000	476 000	183 000	252 000
Stock	4 601 000	2 482 000	2 101 000	1 836 000
Total Investments	0	0	0	0
Cash, Bank	3 685 000	3 678 000	3 847 000	3 216 000
Total Current Assets	22 750 000	19 095 000	15 921 000	16 498 000
Total Assets	23 189 000	19 571 000	16 104 000	16 750 000
Total Equity	10 279 000	6 273 000	8 348 000	6 516 000
Short-Term Group Debt	0	0	0	1 063 000
Total Long-Term Debt	0	0	0	0
Creditors	5 050 000	3 065 000	1 935 000	3 035 000
Unpaid Taxes	4 338 000	3 747 000	3 176 000	3 618 000
Dividends	0	2 500 000	0	0
Other Current Debt	2 322 000	4 795 000	1 739 000	2 055 000
Total Current Debt	12 910 000	13 298 000	7 757 000	10 234 000
Total Equity and Debt	23 189 000	19 571 000	16 104 000	16 750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,95 %	6,78 %	39,91 %	26,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,32 %	2,51 %	10,65 %	6,62 %
Current Ratio	1,76	1,44	2,05	1,61
Quick Ratio	2,74	1,77	2,81	1,96
Equity Ratio	0,44	0,32	0,52	0,39
Gross Profit Margin	31,92 %	34,08 %	32,43 %	30,2 %