NORORTHO AS

0164 OSLO

Finances

Share Ownership

Return on Equity

7,19 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 744 000	35 231 000	25 274 000	32 614 000
Net Income	533 000	587 000	483 000	1 224 000
Total Assets	22 090 000	15 570 000	11 929 000	10 981 000
Total Equity	7 409 000	6 876 000	6 289 000	5 807 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 744 000	35 231 000	25 274 000	32 614 000
Expenditure	38 797 000	34 125 000	23 258 000	31 064 000
Operating Profit	948 000	1 107 000	2 016 000	1 549 000
Financial Income	142 000	6 000	27 000	54 000
Financial Costs	342 000	338 000	1 420 000	−10 000
Financial Balance	−200 000	−332 000	−1 393 000	64 000
Earnings Before Tax	748 000	775 000	623 000	1 613 000
Tax	215 000	188 000	141 000	389 000
Net Income	533 000	587 000	483 000	1 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	27 000	34 000	37 000
Total Current Assets	22 053 000	15 543 000	11 895 000	10 944 000
Total Assets	22 090 000	15 570 000	11 929 000	10 981 000
Total Retained Equity	7 209 000	6 676 000	6 089 000	0
Total Equity	7 409 000	6 876 000	6 289 000	5 807 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 682 000	8 695 000	5 640 000	5 174 000
Total Equity and Debt	22 090 000	15 570 000	11 929 000	10 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 744 000	35 231 000	25 274 000	32 614 000
Other Income	0	0	0	0
Revenue	39 744 000	35 231 000	25 274 000	32 614 000
Cost of Goods Sold	30 071 000	27 098 000	16 811 000	24 120 000
Salary Costs	6 215 000	4 940 000	3 395 000	3 040 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 797 000	34 125 000	23 258 000	31 064 000
Operating Profit	948 000	1 107 000	2 016 000	1 549 000
Financial Income	142 000	6 000	27 000	54 000
Financial Costs	342 000	338 000	1 420 000	−10 000
Financial Balance	−200 000	−332 000	−1 393 000	64 000
Dividends	0	0	0	0
Net Income	533 000	587 000	483 000	1 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	27 000	34 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	27 000	34 000	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 275 000	10 173 000	7 795 000	4 984 000
Total Current Assets	22 053 000	15 543 000	11 895 000	10 944 000
Total Assets	22 090 000	15 570 000	11 929 000	10 981 000
Total Equity	7 409 000	6 876 000	6 289 000	5 807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 909 000	4 812 000	3 098 000	1 932 000
Unpaid Taxes	2 231 000	2 034 000	1 583 000	1 510 000
Dividends	0	0	0	0
Other Current Debt	3 316 000	1 667 000	821 000	1 340 000
Total Current Debt	14 682 000	8 695 000	5 640 000	5 174 000
Total Equity and Debt	22 090 000	15 570 000	11 929 000	10 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,19 %	8,54 %	7,68 %	21,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,39 %	3,14 %	7,98 %	4,75 %
Current Ratio	1,5	1,79	2,11	2,12
Quick Ratio	1,5	1,79	2,11	2,12
Equity Ratio	0,34	0,44	0,53	0,53
Gross Profit Margin	24,34 %	23,08 %	33,49 %	26,04 %