NORHUS ØRSTA AS

6160 HOVDEBYGDA

Finances

Return on Equity

3,57 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 526 000	119 023 000	88 555 000	97 179 000
Net Income	2 167 000	−1 314 000	2 837 000	133 000
Total Assets	218 143 000	233 078 000	199 016 000	122 495 000
Total Equity	60 618 000	58 451 000	59 764 000	37 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 526 000	119 023 000	88 555 000	97 179 000
Expenditure	92 847 000	115 710 000	80 555 000	94 357 000
Operating Profit	10 679 000	3 313 000	7 999 000	2 823 000
Financial Income	3 000	0	4 000	122 000
Financial Costs	7 889 000	4 996 000	4 333 000	2 771 000
Financial Balance	−7 886 000	−4 996 000	−4 329 000	−2 649 000
Earnings Before Tax	2 793 000	−1 683 000	3 670 000	174 000
Tax	626 000	−369 000	834 000	41 000
Net Income	2 167 000	−1 314 000	2 837 000	133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	971 000	1 821 000	1 845 000	2 384 000
Total Current Assets	217 172 000	231 257 000	197 171 000	120 111 000
Total Assets	218 143 000	233 078 000	199 016 000	122 495 000
Total Retained Equity	51 518 000	49 351 000	50 664 000	31 296 000
Total Equity	60 618 000	58 451 000	59 764 000	37 396 000
Total Long-Term Debt	12 056 000	9 062 000	9 954 000	2 665 000
Total Current Debt	145 469 000	165 566 000	129 297 000	82 434 000
Total Equity and Debt	218 143 000	233 078 000	199 016 000	122 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 932 000	118 857 000	88 245 000	97 055 000
Other Income	594 000	166 000	310 000	124 000
Revenue	103 526 000	119 023 000	88 555 000	97 179 000
Cost of Goods Sold	83 578 000	99 898 000	67 601 000	85 840 000
Salary Costs	5 303 000	6 751 000	5 613 000	4 214 000
Depreciation	165 000	286 000	272 000	356 000
Impairment	0	0	0	0
Expenditure	92 847 000	115 710 000	80 555 000	94 357 000
Operating Profit	10 679 000	3 313 000	7 999 000	2 823 000
Financial Income	3 000	0	4 000	122 000
Financial Costs	7 889 000	4 996 000	4 333 000	2 771 000
Financial Balance	−7 886 000	−4 996 000	−4 329 000	−2 649 000
Dividends	0	0	0	0
Net Income	2 167 000	−1 314 000	2 837 000	133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	596 000	660 000	725 000	789 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	720 000	941 000	1 012 000
Total Tangible Assets	697 000	1 380 000	1 665 000	1 801 000
Total Fiancial Fixed Assets	274 000	441 000	180 000	583 000
Total Fixed Assets	971 000	1 821 000	1 845 000	2 384 000
Stock	139 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 753 000	3 973 000	5 463 000	7 816 000
Total Current Assets	217 172 000	231 257 000	197 171 000	120 111 000
Total Assets	218 143 000	233 078 000	199 016 000	122 495 000
Total Equity	60 618 000	58 451 000	59 764 000	37 396 000
Short-Term Group Debt	0	539 000	1 733 000	0
Total Long-Term Debt	12 056 000	9 062 000	9 954 000	2 665 000
Creditors	10 526 000	12 312 000	4 849 000	32 267 000
Unpaid Taxes	305 000	371 000	489 000	323 000
Dividends	0	0	0	0
Other Current Debt	4 884 000	8 025 000	3 157 000	2 091 000
Total Current Debt	145 469 000	165 566 000	129 297 000	82 434 000
Total Equity and Debt	218 143 000	233 078 000	199 016 000	122 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,57 %	−2,25 %	4,75 %	0,36 %
Debt-to-Equity Ratio	0,2	0,16	0,17	0,07
Operating Profit Margin	10,32 %	2,78 %	9,03 %	2,9 %
Current Ratio	1,49	1,4	1,52	1,46
Quick Ratio	1,49	1,4	1,52	1,46
Equity Ratio	0,28	0,25	0,3	0,31
Gross Profit Margin	19,27 %	16,07 %	23,66 %	11,67 %