NORMARC FLIGHT INSPECTION SYSTEMS AS

0255 OSLO

Finances

Share Ownership

Return on Equity

48,94 %

Current Ratio

12,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 007 000	585 000	1 366 000	1 851 000
Net Income	1 546 000	−210 000	230 000	333 000
Total Assets	3 433 000	1 721 000	2 004 000	1 836 000
Total Equity	3 159 000	1 613 000	1 823 000	1 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 007 000	585 000	1 366 000	1 851 000
Expenditure	1 513 000	759 000	1 122 000	1 495 000
Operating Profit	1 495 000	−174 000	244 000	356 000
Financial Income	57 000	1 000	19 000	1 000
Financial Costs	5 000	37 000	33 000	24 000
Financial Balance	52 000	−36 000	−14 000	−23 000
Earnings Before Tax	1 546 000	−210 000	230 000	333 000
Tax	0	0	0	0
Net Income	1 546 000	−210 000	230 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 433 000	1 721 000	2 004 000	1 836 000
Total Assets	3 433 000	1 721 000	2 004 000	1 836 000
Total Retained Equity	2 759 000	1 213 000	1 423 000	1 193 000
Total Equity	3 159 000	1 613 000	1 823 000	1 593 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	274 000	108 000	181 000	243 000
Total Equity and Debt	3 433 000	1 721 000	2 004 000	1 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 007 000	585 000	1 366 000	1 851 000
Other Income	0	0	0	0
Revenue	3 007 000	585 000	1 366 000	1 851 000
Cost of Goods Sold	0	0	3 000	144 000
Salary Costs	1 159 000	459 000	827 000	1 086 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 513 000	759 000	1 122 000	1 495 000
Operating Profit	1 495 000	−174 000	244 000	356 000
Financial Income	57 000	1 000	19 000	1 000
Financial Costs	5 000	37 000	33 000	24 000
Financial Balance	52 000	−36 000	−14 000	−23 000
Dividends	0	0	0	0
Net Income	1 546 000	−210 000	230 000	333 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	376 000	1 137 000	663 000	290 000
Total Current Assets	3 433 000	1 721 000	2 004 000	1 836 000
Total Assets	3 433 000	1 721 000	2 004 000	1 836 000
Total Equity	3 159 000	1 613 000	1 823 000	1 593 000
Short-Term Group Debt	53 000	0	19 000	36 000
Total Long-Term Debt	0	0	0	0
Creditors	3 000	5 000	0	23 000
Unpaid Taxes	72 000	56 000	66 000	59 000
Dividends	0	0	0	0
Other Current Debt	146 000	48 000	96 000	126 000
Total Current Debt	274 000	108 000	181 000	243 000
Total Equity and Debt	3 433 000	1 721 000	2 004 000	1 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,94 %	−13,02 %	12,62 %	20,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	49,72 %	−29,74 %	17,86 %	19,23 %
Current Ratio	12,53	15,94	11,07	7,56
Quick Ratio	12,53	15,94	11,07	7,56
Equity Ratio	0,92	0,94	0,91	0,87
Gross Profit Margin	100 %	100 %	99,78 %	92,22 %