NORIKON AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

27,94 %

Current Ratio

3,49

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 550 000	36 707 000	30 835 000	30 746 000
Net Income	8 220 000	5 783 000	4 536 000	5 279 000
Total Assets	44 619 000	35 661 000	27 552 000	22 636 000
Total Equity	29 419 000	24 199 000	18 416 000	13 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 550 000	36 707 000	30 835 000	30 746 000
Expenditure	42 632 000	29 309 000	24 932 000	23 749 000
Operating Profit	10 918 000	7 397 000	5 903 000	6 997 000
Financial Income	156 000	246 000	115 000	49 000
Financial Costs	418 000	179 000	256 000	216 000
Financial Balance	−262 000	67 000	−141 000	−167 000
Earnings Before Tax	10 657 000	7 465 000	5 761 000	6 829 000
Tax	2 438 000	1 682 000	1 226 000	1 550 000
Net Income	8 220 000	5 783 000	4 536 000	5 279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 079 000	1 288 000	1 211 000	386 000
Total Current Assets	42 540 000	34 372 000	26 340 000	22 251 000
Total Assets	44 619 000	35 661 000	27 552 000	22 636 000
Total Retained Equity	28 779 000	23 559 000	17 776 000	13 240 000
Total Equity	29 419 000	24 199 000	18 416 000	13 880 000
Total Long-Term Debt	3 000 000	3 800 000	3 050 000	3 050 000
Total Current Debt	12 200 000	7 661 000	6 085 000	5 706 000
Total Equity and Debt	44 619 000	35 661 000	27 552 000	22 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 657 000	35 974 000	30 115 000	30 034 000
Other Income	894 000	733 000	719 000	712 000
Revenue	53 550 000	36 707 000	30 835 000	30 746 000
Cost of Goods Sold	30 157 000	19 438 000	17 077 000	17 230 000
Salary Costs	8 258 000	6 424 000	5 301 000	4 628 000
Depreciation	374 000	285 000	158 000	51 000
Impairment	0	0	0	0
Expenditure	42 632 000	29 309 000	24 932 000	23 749 000
Operating Profit	10 918 000	7 397 000	5 903 000	6 997 000
Financial Income	156 000	246 000	115 000	49 000
Financial Costs	418 000	179 000	256 000	216 000
Financial Balance	−262 000	67 000	−141 000	−167 000
Dividends	3 000 000	0	0	0
Net Income	8 220 000	5 783 000	4 536 000	5 279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	188 000	261 000	290 000
Real Eastate	136 000	0	0	0
Machinery and Plant Facilities	1 729 000	689 000	877 000	0
Fixtures	100 000	141 000	73 000	95 000
Total Tangible Assets	1 964 000	830 000	950 000	95 000
Total Fiancial Fixed Assets	0	270 000	0	0
Total Fixed Assets	2 079 000	1 288 000	1 211 000	386 000
Stock	27 174 000	18 110 000	14 121 000	13 137 000
Total Investments	0	0	0	0
Cash, Bank	6 973 000	10 319 000	8 057 000	6 194 000
Total Current Assets	42 540 000	34 372 000	26 340 000	22 251 000
Total Assets	44 619 000	35 661 000	27 552 000	22 636 000
Total Equity	29 419 000	24 199 000	18 416 000	13 880 000
Short-Term Group Debt	3 533 000	1 495 000	1 269 000	1 500 000
Total Long-Term Debt	3 000 000	3 800 000	3 050 000	3 050 000
Creditors	1 530 000	1 456 000	560 000	577 000
Unpaid Taxes	3 375 000	2 459 000	2 325 000	1 656 000
Dividends	3 000 000	0	0	0
Other Current Debt	1 324 000	570 000	706 000	424 000
Total Current Debt	12 200 000	7 661 000	6 085 000	5 706 000
Total Equity and Debt	44 619 000	35 661 000	27 552 000	22 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,94 %	23,9 %	24,63 %	38,03 %
Debt-to-Equity Ratio	0,1	0,16	0,17	0,22
Operating Profit Margin	20,39 %	20,15 %	19,14 %	22,76 %
Current Ratio	3,49	4,49	4,33	3,9
Quick Ratio	−2,84	−3,29	−3,28	−2,99
Equity Ratio	0,66	0,68	0,67	0,61
Gross Profit Margin	43,68 %	47,05 %	44,62 %	43,96 %