NORSK ETIKETT AS

4033 STAVANGER

Finances

Return on Equity

43,33 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 089 000	75 451 000	62 651 000	55 918 000
Net Income	6 672 000	6 176 000	4 367 000	2 481 000
Total Assets	58 918 000	51 919 000	37 386 000	29 926 000
Total Equity	15 398 000	11 768 000	8 878 000	6 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 089 000	75 451 000	62 651 000	55 918 000
Expenditure	83 834 000	67 180 000	56 957 000	52 371 000
Operating Profit	9 256 000	8 270 000	5 694 000	3 547 000
Financial Income	208 000	103 000	465 000	108 000
Financial Costs	1 031 000	641 000	660 000	581 000
Financial Balance	−823 000	−538 000	−195 000	−473 000
Earnings Before Tax	8 432 000	7 732 000	5 499 000	3 074 000
Tax	1 761 000	1 556 000	1 132 000	592 000
Net Income	6 672 000	6 176 000	4 367 000	2 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 978 000	18 452 000	19 622 000	14 781 000
Total Current Assets	29 941 000	33 467 000	17 764 000	15 145 000
Total Assets	58 918 000	51 919 000	37 386 000	29 926 000
Total Retained Equity	11 798 000	8 168 000	5 278 000	2 911 000
Total Equity	15 398 000	11 768 000	8 878 000	6 511 000
Total Long-Term Debt	20 095 000	22 559 000	15 787 000	14 025 000
Total Current Debt	23 426 000	17 593 000	12 721 000	9 390 000
Total Equity and Debt	58 918 000	51 919 000	37 386 000	29 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 222 000	75 450 000	62 368 000	55 917 000
Other Income	867 000	1 000	283 000	1 000
Revenue	93 089 000	75 451 000	62 651 000	55 918 000
Cost of Goods Sold	47 650 000	36 891 000	30 415 000	26 519 000
Salary Costs	23 832 000	20 710 000	17 755 000	16 709 000
Depreciation	2 613 000	2 013 000	1 697 000	1 530 000
Impairment	0	0	0	0
Expenditure	83 834 000	67 180 000	56 957 000	52 371 000
Operating Profit	9 256 000	8 270 000	5 694 000	3 547 000
Financial Income	208 000	103 000	465 000	108 000
Financial Costs	1 031 000	641 000	660 000	581 000
Financial Balance	−823 000	−538 000	−195 000	−473 000
Dividends	0	0	2 000 000	1 500 000
Net Income	6 672 000	6 176 000	4 367 000	2 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	26 159 000	16 534 000	18 168 000	13 219 000
Fixtures	2 336 000	1 535 000	1 404 000	1 513 000
Total Tangible Assets	28 495 000	18 070 000	19 572 000	14 731 000
Total Fiancial Fixed Assets	354 000	383 000	50 000	50 000
Total Fixed Assets	28 978 000	18 452 000	19 622 000	14 781 000
Stock	9 819 000	6 179 000	4 848 000	3 592 000
Total Investments	0	0	0	0
Cash, Bank	1 262 000	4 008 000	2 385 000	194 000
Total Current Assets	29 941 000	33 467 000	17 764 000	15 145 000
Total Assets	58 918 000	51 919 000	37 386 000	29 926 000
Total Equity	15 398 000	11 768 000	8 878 000	6 511 000
Short-Term Group Debt	4 751 000	4 213 000	0	0
Total Long-Term Debt	20 095 000	22 559 000	15 787 000	14 025 000
Creditors	8 457 000	7 083 000	5 175 000	2 787 000
Unpaid Taxes	5 095 000	3 751 000	3 288 000	2 885 000
Dividends	0	0	2 000 000	1 500 000
Other Current Debt	2 695 000	2 546 000	2 218 000	2 218 000
Total Current Debt	23 426 000	17 593 000	12 721 000	9 390 000
Total Equity and Debt	58 918 000	51 919 000	37 386 000	29 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,33 %	52,48 %	49,19 %	38,1 %
Debt-to-Equity Ratio	1,31	1,92	1,78	2,15
Operating Profit Margin	9,94 %	10,96 %	9,09 %	6,34 %
Current Ratio	1,28	1,9	1,4	1,61
Quick Ratio	2,2	2,93	2,26	2,61
Equity Ratio	0,26	0,23	0,24	0,22
Gross Profit Margin	48,81 %	51,11 %	51,45 %	52,58 %