NORMANN INDUSTRISERVICE AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

−48,98 %

Current Ratio

9,31

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	474 000	571 000	547 000	635 000
Net Income	−96 000	5 000	−14 000	−19 000
Total Assets	270 000	343 000	388 000	445 000
Total Equity	196 000	291 000	286 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	474 000	571 000	547 000	635 000
Expenditure	477 000	565 000	565 000	660 000
Operating Profit	−2 000	6 000	−18 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−2 000	6 000	−18 000	−25 000
Tax	93 000	1 000	−4 000	−5 000
Net Income	−96 000	5 000	−14 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	131 000	171 000	205 000
Total Current Assets	270 000	212 000	218 000	240 000
Total Assets	270 000	343 000	388 000	445 000
Total Retained Equity	95 000	191 000	186 000	200 000
Total Equity	196 000	291 000	286 000	300 000
Total Long-Term Debt	45 000	0	0	0
Total Current Debt	29 000	52 000	102 000	145 000
Total Equity and Debt	270 000	343 000	388 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	474 000	571 000	547 000	635 000
Other Income	0	0	0	0
Revenue	474 000	571 000	547 000	635 000
Cost of Goods Sold	298 000	367 000	374 000	414 000
Salary Costs	20 000	14 000	34 000	59 000
Depreciation	38 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	477 000	565 000	565 000	660 000
Operating Profit	−2 000	6 000	−18 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−96 000	5 000	−14 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	93 000	95 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	38 000	0	0
Fixtures	0	0	76 000	114 000
Total Tangible Assets	0	38 000	76 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	131 000	171 000	205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	169 000	189 000	156 000	154 000
Total Current Assets	270 000	212 000	218 000	240 000
Total Assets	270 000	343 000	388 000	445 000
Total Equity	196 000	291 000	286 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	0	0	0
Creditors	15 000	3 000	30 000	10 000
Unpaid Taxes	13 000	3 000	11 000	23 000
Dividends	0	0	0	0
Other Current Debt	1 000	46 000	61 000	111 000
Total Current Debt	29 000	52 000	102 000	145 000
Total Equity and Debt	270 000	343 000	388 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,98 %	1,72 %	−4,9 %	−6,33 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	−0,42 %	1,05 %	−3,29 %	−3,94 %
Current Ratio	9,31	4,08	2,14	1,66
Quick Ratio	9,31	4,08	2,14	1,66
Equity Ratio	0,73	0,85	0,74	0,67
Gross Profit Margin	37,13 %	35,73 %	31,63 %	34,8 %