NORSTEEL AS

3022 DRAMMEN

Finances

Return on Equity

−9,05 %

Current Ratio

24,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	940 000	852 000	773 000
Net Income	−189 000	300 000	228 000	206 000
Total Assets	2 166 000	2 547 000	2 399 000	2 205 000
Total Equity	2 088 000	2 276 000	2 171 000	1 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	940 000	852 000	773 000
Expenditure	593 000	545 000	548 000	509 000
Operating Profit	−138 000	395 000	304 000	264 000
Financial Income	5 000	9 000	9 000	6 000
Financial Costs	1 000	7 000	8 000	3 000
Financial Balance	4 000	2 000	1 000	3 000
Earnings Before Tax	−133 000	396 000	305 000	268 000
Tax	55 000	96 000	77 000	62 000
Net Income	−189 000	300 000	228 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 000	378 000	540 000	702 000
Total Current Assets	1 875 000	2 170 000	1 860 000	1 503 000
Total Assets	2 166 000	2 547 000	2 399 000	2 205 000
Total Retained Equity	1 988 000	2 176 000	2 071 000	1 845 000
Total Equity	2 088 000	2 276 000	2 171 000	1 945 000
Total Long-Term Debt	0	0	5 000	12 000
Total Current Debt	78 000	271 000	223 000	248 000
Total Equity and Debt	2 166 000	2 547 000	2 399 000	2 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	455 000	940 000	852 000	773 000
Revenue	455 000	940 000	852 000	773 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	275 000	243 000	273 000
Depreciation	162 000	162 000	162 000	108 000
Impairment	0	0	0	0
Expenditure	593 000	545 000	548 000	509 000
Operating Profit	−138 000	395 000	304 000	264 000
Financial Income	5 000	9 000	9 000	6 000
Financial Costs	1 000	7 000	8 000	3 000
Financial Balance	4 000	2 000	1 000	3 000
Dividends	0	0	0	0
Net Income	−189 000	300 000	228 000	206 000

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	0	0	0	0
Fixtures	216 000	378 000	540 000	702 000
Total Tangible Assets	216 000	378 000	540 000	702 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	291 000	378 000	540 000	702 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 865 000	2 145 000	1 706 000	1 386 000
Total Current Assets	1 875 000	2 170 000	1 860 000	1 503 000
Total Assets	2 166 000	2 547 000	2 399 000	2 205 000
Total Equity	2 088 000	2 276 000	2 171 000	1 945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	12 000
Creditors	0	11 000	8 000	12 000
Unpaid Taxes	23 000	167 000	124 000	175 000
Dividends	0	0	0	0
Other Current Debt	0	47 000	7 000	10 000
Total Current Debt	78 000	271 000	223 000	248 000
Total Equity and Debt	2 166 000	2 547 000	2 399 000	2 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,05 %	13,18 %	10,5 %	10,59 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−30,33 %	42,02 %	35,68 %	34,15 %
Current Ratio	24,04	8,01	8,34	6,06
Quick Ratio	24,04	8,01	8,34	6,06
Equity Ratio	0,96	0,89	0,9	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %