NORSPRAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

48,36 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 329 000	127 130 000	72 025 000	90 603 000
Net Income	15 064 000	11 164 000	4 272 000	7 827 000
Total Assets	71 635 000	65 175 000	41 333 000	35 476 000
Total Equity	31 150 000	30 690 000	22 210 000	21 937 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 329 000	127 130 000	72 025 000	90 603 000
Expenditure	136 871 000	112 701 000	66 698 000	80 563 000
Operating Profit	18 458 000	14 429 000	5 327 000	10 040 000
Financial Income	332 000	69 000	171 000	33 000
Financial Costs	362 000	185 000	19 000	33 000
Financial Balance	−30 000	−116 000	152 000	0
Earnings Before Tax	18 428 000	14 313 000	5 479 000	10 040 000
Tax	3 364 000	3 149 000	1 207 000	2 213 000
Net Income	15 064 000	11 164 000	4 272 000	7 827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 975 000	7 075 000	3 903 000	3 282 000
Total Current Assets	61 660 000	58 100 000	37 430 000	32 194 000
Total Assets	71 635 000	65 175 000	41 333 000	35 476 000
Total Retained Equity	24 374 000	23 914 000	15 434 000	15 709 000
Total Equity	31 150 000	30 690 000	22 210 000	21 937 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 485 000	34 485 000	19 123 000	13 539 000
Total Equity and Debt	71 635 000	65 175 000	41 333 000	35 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 329 000	127 130 000	72 025 000	90 603 000
Other Income	0	0	0	0
Revenue	155 329 000	127 130 000	72 025 000	90 603 000
Cost of Goods Sold	104 884 000	88 019 000	47 115 000	58 982 000
Salary Costs	13 779 000	11 929 000	9 629 000	10 458 000
Depreciation	1 554 000	994 000	1 156 000	1 399 000
Impairment	0	0	0	0
Expenditure	136 871 000	112 701 000	66 698 000	80 563 000
Operating Profit	18 458 000	14 429 000	5 327 000	10 040 000
Financial Income	332 000	69 000	171 000	33 000
Financial Costs	362 000	185 000	19 000	33 000
Financial Balance	−30 000	−116 000	152 000	0
Dividends	11 000 000	0	4 000 000	0
Net Income	15 064 000	11 164 000	4 272 000	7 827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 573 000	1 048 000	1 366 000	1 825 000
Real Eastate	3 546 000	3 861 000	775 000	0
Machinery and Plant Facilities	1 556 000	1 073 000	694 000	1 342 000
Fixtures	3 300 000	1 093 000	1 068 000	115 000
Total Tangible Assets	8 402 000	6 027 000	2 537 000	1 457 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 975 000	7 075 000	3 903 000	3 282 000
Stock	34 911 000	21 928 000	21 710 000	16 594 000
Total Investments	0	0	0	0
Cash, Bank	1 296 000	1 240 000	433 000	2 445 000
Total Current Assets	61 660 000	58 100 000	37 430 000	32 194 000
Total Assets	71 635 000	65 175 000	41 333 000	35 476 000
Total Equity	31 150 000	30 690 000	22 210 000	21 937 000
Short-Term Group Debt	5 171 000	5 093 000	701 000	2 400 000
Total Long-Term Debt	0	0	0	0
Creditors	10 503 000	8 882 000	6 625 000	4 091 000
Unpaid Taxes	3 209 000	3 183 000	2 285 000	2 354 000
Dividends	11 000 000	0	4 000 000	0
Other Current Debt	4 063 000	3 497 000	2 203 000	3 427 000
Total Current Debt	40 485 000	34 485 000	19 123 000	13 539 000
Total Equity and Debt	71 635 000	65 175 000	41 333 000	35 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,36 %	36,38 %	19,23 %	35,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,88 %	11,35 %	7,4 %	11,08 %
Current Ratio	1,52	1,68	1,96	2,38
Quick Ratio	11,06	4,63	−14,47	−10,54
Equity Ratio	0,43	0,47	0,54	0,62
Gross Profit Margin	32,48 %	30,76 %	34,59 %	34,9 %