NORICON AS

0490 OSLO

Finances

Return on Equity

10,65 %

Current Ratio

4,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 989 000	60 436 000	62 775 000	44 694 000
Net Income	8 160 000	16 505 000	17 431 000	13 355 000
Total Assets	85 957 000	75 351 000	61 109 000	41 519 000
Total Equity	76 602 000	68 442 000	52 517 000	35 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 989 000	60 436 000	62 775 000	44 694 000
Expenditure	45 861 000	38 479 000	40 302 000	27 429 000
Operating Profit	10 129 000	21 957 000	22 473 000	17 264 000
Financial Income	1 849 000	829 000	1 283 000	774 000
Financial Costs	1 386 000	1 395 000	1 258 000	735 000
Financial Balance	463 000	−566 000	25 000	39 000
Earnings Before Tax	10 592 000	21 391 000	22 499 000	17 304 000
Tax	2 432 000	4 887 000	5 068 000	3 948 000
Net Income	8 160 000	16 505 000	17 431 000	13 355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 968 000	18 499 000	2 046 000	391 000
Total Current Assets	45 989 000	56 852 000	59 063 000	41 127 000
Total Assets	85 957 000	75 351 000	61 109 000	41 519 000
Total Retained Equity	76 492 000	68 332 000	52 407 000	35 527 000
Total Equity	76 602 000	68 442 000	52 517 000	35 637 000
Total Long-Term Debt	0	45 000	63 000	60 000
Total Current Debt	9 355 000	6 864 000	8 529 000	5 822 000
Total Equity and Debt	85 957 000	75 351 000	61 109 000	41 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 643 000	60 363 000	62 647 000	44 694 000
Other Income	347 000	73 000	128 000	0
Revenue	55 989 000	60 436 000	62 775 000	44 694 000
Cost of Goods Sold	30 853 000	31 200 000	33 828 000	21 302 000
Salary Costs	3 655 000	3 035 000	2 003 000	2 200 000
Depreciation	203 000	124 000	173 000	98 000
Impairment	0	0	0	0
Expenditure	45 861 000	38 479 000	40 302 000	27 429 000
Operating Profit	10 129 000	21 957 000	22 473 000	17 264 000
Financial Income	1 849 000	829 000	1 283 000	774 000
Financial Costs	1 386 000	1 395 000	1 258 000	735 000
Financial Balance	463 000	−566 000	25 000	39 000
Dividends	0	580 000	550 000	7 560 000
Net Income	8 160 000	16 505 000	17 431 000	13 355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 387 000	0	0	0
Real Eastate	36 722 000	11 327 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	652 000	372 000	496 000	391 000
Total Tangible Assets	37 375 000	11 699 000	496 000	391 000
Total Fiancial Fixed Assets	1 206 000	6 800 000	1 550 000	0
Total Fixed Assets	39 968 000	18 499 000	2 046 000	391 000
Stock	12 229 000	8 223 000	7 243 000	7 700 000
Total Investments	0	0	0	0
Cash, Bank	24 730 000	35 766 000	39 999 000	28 002 000
Total Current Assets	45 989 000	56 852 000	59 063 000	41 127 000
Total Assets	85 957 000	75 351 000	61 109 000	41 519 000
Total Equity	76 602 000	68 442 000	52 517 000	35 637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	45 000	63 000	60 000
Creditors	646 000	358 000	237 000	281 000
Unpaid Taxes	885 000	1 276 000	3 052 000	1 390 000
Dividends	0	580 000	550 000	7 560 000
Other Current Debt	3 960 000	325 000	174 000	187 000
Total Current Debt	9 355 000	6 864 000	8 529 000	5 822 000
Total Equity and Debt	85 957 000	75 351 000	61 109 000	41 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,65 %	24,12 %	33,19 %	37,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,09 %	36,33 %	35,8 %	38,63 %
Current Ratio	4,92	8,28	6,92	7,06
Quick Ratio	−16	−41,83	45,93	−21,9
Equity Ratio	0,89	0,91	0,86	0,86
Gross Profit Margin	44,89 %	48,38 %	46,11 %	52,34 %