NORBITS AS

5705 VOSS

Finances

Share Ownership

Return on Equity

98,03 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 933 000	28 085 000	25 306 000	22 207 000
Net Income	11 321 000	8 534 000	8 408 000	6 605 000
Total Assets	18 458 000	19 689 000	16 679 000	13 248 000
Total Equity	11 548 000	6 727 000	5 193 000	2 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 933 000	28 085 000	25 306 000	22 207 000
Expenditure	16 472 000	17 118 000	14 585 000	13 800 000
Operating Profit	14 461 000	10 967 000	10 721 000	8 405 000
Financial Income	62 000	36 000	66 000	71 000
Financial Costs	1 000	0	0	4 000
Financial Balance	61 000	36 000	66 000	67 000
Earnings Before Tax	14 523 000	11 002 000	10 787 000	8 472 000
Tax	3 202 000	2 468 000	2 379 000	1 868 000
Net Income	11 321 000	8 534 000	8 408 000	6 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 967 000	4 267 000	3 925 000	4 213 000
Total Current Assets	15 491 000	15 423 000	12 754 000	9 035 000
Total Assets	18 458 000	19 689 000	16 679 000	13 248 000
Total Retained Equity	11 448 000	6 627 000	5 093 000	2 685 000
Total Equity	11 548 000	6 727 000	5 193 000	2 785 000
Total Long-Term Debt	0	8 000	0	0
Total Current Debt	6 910 000	12 954 000	11 486 000	10 463 000
Total Equity and Debt	18 458 000	19 689 000	16 679 000	13 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 933 000	28 085 000	25 306 000	22 207 000
Other Income	0	0	0	0
Revenue	30 933 000	28 085 000	25 306 000	22 207 000
Cost of Goods Sold	3 762 000	4 111 000	2 859 000	2 217 000
Salary Costs	9 866 000	10 956 000	9 801 000	9 183 000
Depreciation	475 000	394 000	308 000	229 000
Impairment	0	0	0	0
Expenditure	16 472 000	17 118 000	14 585 000	13 800 000
Operating Profit	14 461 000	10 967 000	10 721 000	8 405 000
Financial Income	62 000	36 000	66 000	71 000
Financial Costs	1 000	0	0	4 000
Financial Balance	61 000	36 000	66 000	67 000
Dividends	0	7 000 000	6 000 000	0
Net Income	11 321 000	8 534 000	8 408 000	6 605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 923 000	0	21 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 044 000	1 267 000	894 000	1 201 000
Total Tangible Assets	1 044 000	1 267 000	894 000	1 201 000
Total Fiancial Fixed Assets	0	3 000 000	3 010 000	3 010 000
Total Fixed Assets	2 967 000	4 267 000	3 925 000	4 213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 039 000	13 315 000	10 936 000	7 325 000
Total Current Assets	15 491 000	15 423 000	12 754 000	9 035 000
Total Assets	18 458 000	19 689 000	16 679 000	13 248 000
Total Equity	11 548 000	6 727 000	5 193 000	2 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	0	0
Creditors	196 000	175 000	205 000	129 000
Unpaid Taxes	1 207 000	1 452 000	1 372 000	917 000
Dividends	0	7 000 000	6 000 000	0
Other Current Debt	2 274 000	1 889 000	1 510 000	1 472 000
Total Current Debt	6 910 000	12 954 000	11 486 000	10 463 000
Total Equity and Debt	18 458 000	19 689 000	16 679 000	13 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,03 %	126,86 %	161,91 %	237,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,75 %	39,05 %	42,37 %	37,85 %
Current Ratio	2,24	1,19	1,11	0,86
Quick Ratio	2,24	1,19	1,11	0,86
Equity Ratio	0,63	0,34	0,31	0,21
Gross Profit Margin	87,84 %	85,36 %	88,7 %	90,02 %