NORIT PARTNER AS

9414 HARSTAD

Finances

Return on Equity

1,97 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 050 000	3 315 000	4 199 000	4 523 000
Net Income	6 000	93 000	3 000	16 000
Total Assets	753 000	615 000	1 580 000	926 000
Total Equity	305 000	299 000	206 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 050 000	3 315 000	4 199 000	4 523 000
Expenditure	2 019 000	3 215 000	4 180 000	4 481 000
Operating Profit	32 000	100 000	19 000	41 000
Financial Income	1 000	11 000	7 000	2 000
Financial Costs	27 000	17 000	23 000	27 000
Financial Balance	−26 000	−6 000	−16 000	−25 000
Earnings Before Tax	6 000	93 000	3 000	16 000
Tax	0	0	0	0
Net Income	6 000	93 000	3 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 000	5 000
Total Current Assets	753 000	615 000	1 579 000	921 000
Total Assets	753 000	615 000	1 580 000	926 000
Total Retained Equity	−95 000	−101 000	−194 000	−197 000
Total Equity	305 000	299 000	206 000	203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	448 000	316 000	1 374 000	722 000
Total Equity and Debt	753 000	615 000	1 580 000	926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 050 000	3 315 000	4 199 000	4 386 000
Other Income	0	0	0	137 000
Revenue	2 050 000	3 315 000	4 199 000	4 523 000
Cost of Goods Sold	1 753 000	2 973 000	3 679 000	3 806 000
Salary Costs	235 000	169 000	374 000	615 000
Depreciation	0	1 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 019 000	3 215 000	4 180 000	4 481 000
Operating Profit	32 000	100 000	19 000	41 000
Financial Income	1 000	11 000	7 000	2 000
Financial Costs	27 000	17 000	23 000	27 000
Financial Balance	−26 000	−6 000	−16 000	−25 000
Dividends	0	0	0	0
Net Income	6 000	93 000	3 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	5 000
Total Tangible Assets	0	0	1 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	1 000	5 000
Stock	17 000	17 000	17 000	30 000
Total Investments	0	0	0	0
Cash, Bank	14 000	27 000	17 000	395 000
Total Current Assets	753 000	615 000	1 579 000	921 000
Total Assets	753 000	615 000	1 580 000	926 000
Total Equity	305 000	299 000	206 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	94 000	164 000	957 000	255 000
Unpaid Taxes	30 000	15 000	15 000	396 000
Dividends	0	0	0	0
Other Current Debt	29 000	20 000	154 000	72 000
Total Current Debt	448 000	316 000	1 374 000	722 000
Total Equity and Debt	753 000	615 000	1 580 000	926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,97 %	31,1 %	1,46 %	7,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,56 %	3,02 %	0,45 %	0,91 %
Current Ratio	1,68	1,95	1,15	1,28
Quick Ratio	1,75	2,06	1,16	1,33
Equity Ratio	0,41	0,49	0,13	0,22
Gross Profit Margin	14,49 %	10,32 %	12,38 %	15,85 %