NORLED AS

4006 STAVANGER

Finances

Return on Equity

−23,1 %

Current Ratio

1,56

Debt-to-Equity Ratio

4,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 042 783 000	2 044 602 000	2 021 786 000	2 329 652 000
Net Income	−219 300 000	40 285 000	109 434 000	149 234 000
Total Assets	5 760 563 000	5 107 109 000	4 433 736 000	4 071 015 000
Total Equity	949 455 000	669 571 000	650 238 000	611 580 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 042 783 000	2 044 602 000	2 021 786 000	2 329 652 000
Expenditure	2 128 892 000	1 873 739 000	1 775 088 000	2 056 604 000
Operating Profit	−86 109 000	170 862 000	246 698 000	273 048 000
Financial Income	21 306 000	3 554 000	2 714 000	4 077 000
Financial Costs	216 208 000	122 941 000	109 169 000	85 566 000
Financial Balance	−194 902 000	−119 387 000	−106 455 000	−81 489 000
Earnings Before Tax	−281 011 000	51 475 000	140 244 000	191 558 000
Tax	−61 711 000	11 190 000	30 810 000	42 324 000
Net Income	−219 300 000	40 285 000	109 434 000	149 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 053 474 000	4 446 566 000	3 805 925 000	3 582 482 000
Total Current Assets	707 089 000	660 543 000	627 811 000	488 533 000
Total Assets	5 760 563 000	5 107 109 000	4 433 736 000	4 071 015 000
Total Retained Equity	0	209 941 000	190 161 000	151 154 000
Total Equity	949 455 000	669 571 000	650 238 000	611 580 000
Total Long-Term Debt	4 358 314 000	4 162 293 000	3 493 327 000	3 058 599 000
Total Current Debt	452 794 000	275 245 000	290 171 000	400 837 000
Total Equity and Debt	5 760 563 000	5 107 109 000	4 433 736 000	4 071 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 952 334 000	1 949 935 000	1 945 999 000	2 302 745 000
Other Income	90 449 000	94 667 000	75 786 000	26 907 000
Revenue	2 042 783 000	2 044 602 000	2 021 786 000	2 329 652 000
Cost of Goods Sold	24 779 000	16 019 000	13 013 000	24 984 000
Salary Costs	824 218 000	794 229 000	776 165 000	915 057 000
Depreciation	353 410 000	309 277 000	240 526 000	196 627 000
Impairment	3 826 000	290 000	24 000	1 659 000
Expenditure	2 128 892 000	1 873 739 000	1 775 088 000	2 056 604 000
Operating Profit	−86 109 000	170 862 000	246 698 000	273 048 000
Financial Income	21 306 000	3 554 000	2 714 000	4 077 000
Financial Costs	216 208 000	122 941 000	109 169 000	85 566 000
Financial Balance	−194 902 000	−119 387 000	−106 455 000	−81 489 000
Dividends	0	20 000 000	70 850 000	0
Net Income	−219 300 000	40 285 000	109 434 000	149 234 000

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	704 736 000	628 232 000	752 085 000	1 051 031 000
Fixtures	1 567 000	3 317 000	13 152 000	23 708 000
Total Tangible Assets	5 053 047 000	4 446 105 000	3 805 539 000	3 570 683 000
Total Fiancial Fixed Assets	427 000	460 000	385 000	11 799 000
Total Fixed Assets	5 053 474 000	4 446 566 000	3 805 925 000	3 582 482 000
Stock	19 137 000	14 789 000	11 164 000	14 079 000
Total Investments	0	0	0	0
Cash, Bank	459 039 000	475 749 000	411 427 000	280 626 000
Total Current Assets	707 089 000	660 543 000	627 811 000	488 533 000
Total Assets	5 760 563 000	5 107 109 000	4 433 736 000	4 071 015 000
Total Equity	949 455 000	669 571 000	650 238 000	611 580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 358 314 000	4 162 293 000	3 493 327 000	3 058 599 000
Creditors	256 627 000	127 602 000	121 119 000	179 795 000
Unpaid Taxes	62 108 000	65 392 000	59 111 000	59 756 000
Dividends	0	20 000 000	70 850 000	0
Other Current Debt	132 563 000	80 636 000	108 444 000	160 673 000
Total Current Debt	452 794 000	275 245 000	290 171 000	400 837 000
Total Equity and Debt	5 760 563 000	5 107 109 000	4 433 736 000	4 071 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,1 %	6,02 %	16,83 %	24,4 %
Debt-to-Equity Ratio	4,59	6,22	5,37	5
Operating Profit Margin	−4,22 %	8,36 %	12,2 %	11,72 %
Current Ratio	1,56	2,4	2,16	1,22
Quick Ratio	1,63	2,54	2,25	1,26
Equity Ratio	0,16	0,13	0,15	0,15
Gross Profit Margin	98,79 %	99,22 %	99,36 %	98,93 %