NORBO AS

5914 ISDALSTØ

Finances

Return on Equity

28,1 %

Current Ratio

1,33

Debt-to-Equity Ratio

2,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 134 000	7 783 000	5 780 000	5 539 000
Net Income	3 295 000	3 310 000	2 823 000	2 834 000
Total Assets	51 144 000	58 847 000	44 211 000	43 552 000
Total Equity	11 726 000	19 275 000	14 250 000	11 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 134 000	7 783 000	5 780 000	5 539 000
Expenditure	3 625 000	3 160 000	1 949 000	1 826 000
Operating Profit	5 509 000	4 623 000	3 831 000	3 713 000
Financial Income	51 000	230 000	445 000	665 000
Financial Costs	1 340 000	866 000	716 000	855 000
Financial Balance	−1 289 000	−636 000	−271 000	−190 000
Earnings Before Tax	4 221 000	3 987 000	3 559 000	3 522 000
Tax	926 000	677 000	736 000	687 000
Net Income	3 295 000	3 310 000	2 823 000	2 834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 643 000	48 513 000	42 876 000	42 087 000
Total Current Assets	7 502 000	10 334 000	1 335 000	1 465 000
Total Assets	51 144 000	58 847 000	44 211 000	43 552 000
Total Retained Equity	10 345 000	18 275 000	13 250 000	10 427 000
Total Equity	11 726 000	19 275 000	14 250 000	11 427 000
Total Long-Term Debt	33 779 000	35 365 000	27 158 000	29 774 000
Total Current Debt	5 639 000	4 207 000	2 803 000	2 351 000
Total Equity and Debt	51 144 000	58 847 000	44 211 000	43 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 134 000	7 783 000	5 780 000	5 539 000
Revenue	9 134 000	7 783 000	5 780 000	5 539 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	1 000	261 000	261 000
Depreciation	1 467 000	1 263 000	817 000	831 000
Impairment	0	0	0	0
Expenditure	3 625 000	3 160 000	1 949 000	1 826 000
Operating Profit	5 509 000	4 623 000	3 831 000	3 713 000
Financial Income	51 000	230 000	445 000	665 000
Financial Costs	1 340 000	866 000	716 000	855 000
Financial Balance	−1 289 000	−636 000	−271 000	−190 000
Dividends	0	0	0	0
Net Income	3 295 000	3 310 000	2 823 000	2 834 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	33 986 000	31 590 000	20 961 000	20 816 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	108 000	45 000	45 000
Total Tangible Assets	34 079 000	31 698 000	21 006 000	20 861 000
Total Fiancial Fixed Assets	9 564 000	16 816 000	21 870 000	21 227 000
Total Fixed Assets	43 643 000	48 513 000	42 876 000	42 087 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 178 000	7 045 000	1 025 000	1 234 000
Total Current Assets	7 502 000	10 334 000	1 335 000	1 465 000
Total Assets	51 144 000	58 847 000	44 211 000	43 552 000
Total Equity	11 726 000	19 275 000	14 250 000	11 427 000
Short-Term Group Debt	1 390 000	0	0	0
Total Long-Term Debt	33 779 000	35 365 000	27 158 000	29 774 000
Creditors	455 000	406 000	96 000	236 000
Unpaid Taxes	140 000	7 000	7 000	185 000
Dividends	0	0	0	0
Other Current Debt	2 659 000	2 883 000	1 951 000	1 242 000
Total Current Debt	5 639 000	4 207 000	2 803 000	2 351 000
Total Equity and Debt	51 144 000	58 847 000	44 211 000	43 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,1 %	17,17 %	19,81 %	24,8 %
Debt-to-Equity Ratio	2,88	1,83	1,91	2,61
Operating Profit Margin	60,31 %	59,4 %	66,28 %	67,03 %
Current Ratio	1,33	2,46	0,48	0,62
Quick Ratio	1,33	2,46	0,48	0,62
Equity Ratio	0,23	0,33	0,32	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %