NORRØNA FINANS AS

4019 STAVANGER

Finances

Return on Equity

3,23 %

Current Ratio

4,92

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 845 000	5 750 000	5 675 000	5 894 000
Net Income	965 000	6 334 000	3 452 000	6 195 000
Total Assets	41 350 000	43 035 000	42 302 000	44 585 000
Total Equity	29 901 000	31 537 000	27 203 000	28 751 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 845 000	5 750 000	5 675 000	5 894 000
Expenditure	3 065 000	1 910 000	1 986 000	2 015 000
Operating Profit	3 780 000	3 839 000	3 689 000	3 879 000
Financial Income	175 000	10 000	20 000	43 000
Financial Costs	2 212 000	−3 291 000	−496 000	−3 052 000
Financial Balance	−2 037 000	3 301 000	516 000	3 095 000
Earnings Before Tax	1 742 000	7 140 000	4 206 000	6 973 000
Tax	777 000	807 000	754 000	779 000
Net Income	965 000	6 334 000	3 452 000	6 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 182 000	23 175 000	24 020 000	20 019 000
Total Current Assets	19 168 000	19 860 000	18 282 000	24 567 000
Total Assets	41 350 000	43 035 000	42 302 000	44 585 000
Total Retained Equity	21 776 000	23 412 000	19 078 000	20 626 000
Total Equity	29 901 000	31 537 000	27 203 000	28 751 000
Total Long-Term Debt	7 549 000	8 220 000	8 892 000	9 591 000
Total Current Debt	3 899 000	3 278 000	6 207 000	6 243 000
Total Equity and Debt	41 350 000	43 035 000	42 302 000	44 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 845 000	5 750 000	5 675 000	5 894 000
Other Income	0	0	0	0
Revenue	6 845 000	5 750 000	5 675 000	5 894 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 108 000	1 096 000	1 079 000	1 063 000
Impairment	0	0	0	0
Expenditure	3 065 000	1 910 000	1 986 000	2 015 000
Operating Profit	3 780 000	3 839 000	3 689 000	3 879 000
Financial Income	175 000	10 000	20 000	43 000
Financial Costs	2 212 000	−3 291 000	−496 000	−3 052 000
Financial Balance	−2 037 000	3 301 000	516 000	3 095 000
Dividends	2 600 000	2 000 000	5 000 000	5 000 000
Net Income	965 000	6 334 000	3 452 000	6 195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	283 000	168 000	65 000	0
Real Eastate	16 884 000	17 992 000	18 940 000	20 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 884 000	17 992 000	18 940 000	20 019 000
Total Fiancial Fixed Assets	5 015 000	5 015 000	5 015 000	0
Total Fixed Assets	22 182 000	23 175 000	24 020 000	20 019 000
Stock	0	0	0	0
Total Investments	15 211 000	17 002 000	13 529 000	21 534 000
Cash, Bank	3 720 000	2 333 000	4 013 000	2 634 000
Total Current Assets	19 168 000	19 860 000	18 282 000	24 567 000
Total Assets	41 350 000	43 035 000	42 302 000	44 585 000
Total Equity	29 901 000	31 537 000	27 203 000	28 751 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 549 000	8 220 000	8 892 000	9 591 000
Creditors	162 000	197 000	32 000	156 000
Unpaid Taxes	245 000	171 000	292 000	182 000
Dividends	2 600 000	2 000 000	5 000 000	5 000 000
Other Current Debt	0	0	36 000	47 000
Total Current Debt	3 899 000	3 278 000	6 207 000	6 243 000
Total Equity and Debt	41 350 000	43 035 000	42 302 000	44 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,23 %	20,08 %	12,69 %	21,55 %
Debt-to-Equity Ratio	0,25	0,26	0,33	0,33
Operating Profit Margin	55,22 %	66,77 %	65 %	65,81 %
Current Ratio	4,92	6,06	2,95	3,94
Quick Ratio	4,92	6,06	2,95	3,94
Equity Ratio	0,72	0,73	0,64	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %