NORINVEST AS

7018 TRONDHEIM

Finances

Return on Equity

0,7 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	219 886 000	205 273 000	191 708 000	208 879 000
Net Income	9 863 000	95 686 000	77 068 000	112 851 000
Total Assets	2 545 520 000	2 602 500 000	2 453 979 000	1 314 981 000
Total Equity	1 401 339 000	1 407 967 000	1 318 050 000	445 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	219 886 000	205 273 000	191 708 000	208 879 000
Expenditure	179 386 000	80 734 000	71 056 000	131 616 000
Operating Profit	40 500 000	124 539 000	120 652 000	77 262 000
Financial Income	−361 000	3 159 000	4 040 000	75 517 000
Financial Costs	26 749 000	13 985 000	37 311 000	26 116 000
Financial Balance	−27 110 000	−10 826 000	−33 271 000	49 401 000
Earnings Before Tax	13 390 000	113 712 000	87 380 000	126 663 000
Tax	3 527 000	18 027 000	10 312 000	13 813 000
Net Income	9 863 000	95 686 000	77 068 000	112 851 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 446 455 000	2 530 921 000	2 309 957 000	1 193 670 000
Total Current Assets	99 065 000	71 579 000	144 022 000	121 311 000
Total Assets	2 545 520 000	2 602 500 000	2 453 979 000	1 314 981 000
Total Retained Equity	1 401 199 000	1 407 827 000	1 317 910 000	445 164 000
Total Equity	1 401 339 000	1 407 967 000	1 318 050 000	445 304 000
Total Long-Term Debt	1 100 180 000	1 147 231 000	1 061 710 000	835 326 000
Total Current Debt	44 002 000	47 303 000	74 220 000	34 351 000
Total Equity and Debt	2 545 521 000	2 602 500 000	2 453 979 000	1 314 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	219 886 000	205 273 000	191 708 000	78 481 000
Other Income	0	0	0	130 398 000
Revenue	219 886 000	205 273 000	191 708 000	208 879 000
Cost of Goods Sold	13 685 000	13 182 000	26 527 000	31 136 000
Salary Costs	37 480 000	34 301 000	33 013 000	42 939 000
Depreciation	2 691 000	2 943 000	−2 541 000	27 209 000
Impairment	93 545 000	0	0	0
Expenditure	179 386 000	80 734 000	71 056 000	131 616 000
Operating Profit	40 500 000	124 539 000	120 652 000	77 262 000
Financial Income	−361 000	3 159 000	4 040 000	75 517 000
Financial Costs	26 749 000	13 985 000	37 311 000	26 116 000
Financial Balance	−27 110 000	−10 826 000	−33 271 000	49 401 000
Dividends	0	0	0	0
Net Income	9 863 000	95 686 000	77 068 000	112 851 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 443 084 000	2 508 294 000	2 304 650 000	1 188 850 000
Machinery and Plant Facilities	1 329 000	1 729 000	2 207 000	1 829 000
Fixtures	1 961 000	2 322 000	2 905 000	2 728 000
Total Tangible Assets	2 446 374 000	2 512 346 000	2 309 761 000	1 193 407 000
Total Fiancial Fixed Assets	81 000	18 576 000	196 000	262 000
Total Fixed Assets	2 446 455 000	2 530 921 000	2 309 957 000	1 193 670 000
Stock	2 946 000	3 810 000	5 135 000	3 953 000
Total Investments	9 834 000	8 400 000	10 381 000	95 548 000
Cash, Bank	63 622 000	35 566 000	102 189 000	6 838 000
Total Current Assets	99 065 000	71 579 000	144 022 000	121 311 000
Total Assets	2 545 520 000	2 602 500 000	2 453 979 000	1 314 981 000
Total Equity	1 401 339 000	1 407 967 000	1 318 050 000	445 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 100 180 000	1 147 231 000	1 061 710 000	835 326 000
Creditors	7 516 000	11 718 000	13 299 000	2 281 000
Unpaid Taxes	2 152 000	1 455 000	3 526 000	4 515 000
Dividends	0	0	0	0
Other Current Debt	15 827 000	15 314 000	42 823 000	14 720 000
Total Current Debt	44 002 000	47 303 000	74 220 000	34 351 000
Total Equity and Debt	2 545 521 000	2 602 500 000	2 453 979 000	1 314 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,7 %	6,8 %	5,85 %	25,34 %
Debt-to-Equity Ratio	0,79	0,81	0,81	1,88
Operating Profit Margin	18,42 %	60,67 %	62,94 %	36,99 %
Current Ratio	2,25	1,51	1,94	3,53
Quick Ratio	2,41	1,65	2,08	3,99
Equity Ratio	0,55	0,54	0,54	0,34
Gross Profit Margin	93,78 %	93,58 %	86,16 %	85,09 %