NORFRA EKSPORT AS

9006 TROMSØ

Finances

Share Ownership

Return on Equity

18,81 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	479 122 000	451 464 000	378 402 000	456 315 000
Net Income	5 137 000	9 478 000	2 886 000	7 760 000
Total Assets	48 005 000	41 059 000	30 558 000	44 493 000
Total Equity	27 303 000	26 052 000	18 446 000	18 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	479 122 000	451 464 000	378 402 000	456 315 000
Expenditure	475 891 000	441 337 000	370 111 000	446 548 000
Operating Profit	3 231 000	10 127 000	8 291 000	9 768 000
Financial Income	12 856 000	9 098 000	12 882 000	7 281 000
Financial Costs	9 496 000	7 073 000	17 469 000	7 096 000
Financial Balance	3 360 000	2 025 000	−4 587 000	185 000
Earnings Before Tax	6 590 000	12 152 000	3 705 000	9 952 000
Tax	1 453 000	2 674 000	819 000	2 193 000
Net Income	5 137 000	9 478 000	2 886 000	7 760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	566 000	622 000	267 000	366 000
Total Current Assets	47 439 000	40 436 000	30 291 000	44 127 000
Total Assets	48 005 000	41 059 000	30 558 000	44 493 000
Total Retained Equity	26 303 000	25 052 000	17 446 000	17 290 000
Total Equity	27 303 000	26 052 000	18 446 000	18 290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 702 000	15 007 000	12 113 000	26 203 000
Total Equity and Debt	48 005 000	41 059 000	30 558 000	44 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	479 122 000	451 464 000	378 220 000	456 315 000
Other Income	0	0	182 000	0
Revenue	479 122 000	451 464 000	378 402 000	456 315 000
Cost of Goods Sold	463 059 000	427 259 000	358 778 000	434 933 000
Salary Costs	6 602 000	6 518 000	5 582 000	5 694 000
Depreciation	66 000	75 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	475 891 000	441 337 000	370 111 000	446 548 000
Operating Profit	3 231 000	10 127 000	8 291 000	9 768 000
Financial Income	12 856 000	9 098 000	12 882 000	7 281 000
Financial Costs	9 496 000	7 073 000	17 469 000	7 096 000
Financial Balance	3 360 000	2 025 000	−4 587 000	185 000
Dividends	0	0	0	4 000 000
Net Income	5 137 000	9 478 000	2 886 000	7 760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	499 000	491 000	98 000	144 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	73 000	148 000	221 000
Total Tangible Assets	7 000	73 000	148 000	221 000
Total Fiancial Fixed Assets	60 000	59 000	21 000	0
Total Fixed Assets	566 000	622 000	267 000	366 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	613 000	1 832 000	242 000	248 000
Total Current Assets	47 439 000	40 436 000	30 291 000	44 127 000
Total Assets	48 005 000	41 059 000	30 558 000	44 493 000
Total Equity	27 303 000	26 052 000	18 446 000	18 290 000
Short-Term Group Debt	13 608 000	2 400 000	3 500 000	7 184 000
Total Long-Term Debt	0	0	0	0
Creditors	5 653 000	8 936 000	7 068 000	10 597 000
Unpaid Taxes	450 000	537 000	492 000	603 000
Dividends	0	0	0	4 000 000
Other Current Debt	626 000	596 000	1 050 000	1 763 000
Total Current Debt	20 702 000	15 007 000	12 113 000	26 203 000
Total Equity and Debt	48 005 000	41 059 000	30 558 000	44 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,81 %	36,38 %	15,65 %	42,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,67 %	2,24 %	2,19 %	2,14 %
Current Ratio	2,29	2,69	2,5	1,68
Quick Ratio	2,29	2,69	2,5	1,68
Equity Ratio	0,57	0,63	0,6	0,41
Gross Profit Margin	3,35 %	5,36 %	5,19 %	4,69 %