NORLENDER KNITWEAR AS

5282 LONEVÅG

Finances

Return on Equity

10,11 %

Current Ratio

4,3

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 347 000	6 837 000	5 087 000	10 984 000
Net Income	239 000	−172 000	−233 000	341 000
Total Assets	8 864 000	8 669 000	9 190 000	7 168 000
Total Equity	2 365 000	2 126 000	2 298 000	2 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 347 000	6 837 000	5 087 000	10 984 000
Expenditure	11 757 000	6 764 000	4 997 000	10 232 000
Operating Profit	589 000	73 000	90 000	752 000
Financial Income	61 000	10 000	12 000	16 000
Financial Costs	404 000	305 000	334 000	340 000
Financial Balance	−343 000	−295 000	−322 000	−324 000
Earnings Before Tax	245 000	−222 000	−233 000	428 000
Tax	6 000	−49 000	0	87 000
Net Income	239 000	−172 000	−233 000	341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	763 000	711 000	532 000	595 000
Total Current Assets	8 102 000	7 958 000	8 658 000	6 572 000
Total Assets	8 864 000	8 669 000	9 190 000	7 168 000
Total Retained Equity	1 845 000	1 606 000	1 778 000	2 011 000
Total Equity	2 365 000	2 126 000	2 298 000	2 531 000
Total Long-Term Debt	4 617 000	4 549 000	4 332 000	2 311 000
Total Current Debt	1 882 000	1 994 000	2 559 000	2 325 000
Total Equity and Debt	8 864 000	8 669 000	9 190 000	7 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 390 000	6 502 000	4 641 000	10 909 000
Other Income	−43 000	335 000	447 000	75 000
Revenue	12 347 000	6 837 000	5 087 000	10 984 000
Cost of Goods Sold	5 589 000	2 465 000	1 872 000	5 646 000
Salary Costs	4 741 000	2 955 000	2 115 000	3 277 000
Depreciation	60 000	61 000	63 000	33 000
Impairment	0	0	0	0
Expenditure	11 757 000	6 764 000	4 997 000	10 232 000
Operating Profit	589 000	73 000	90 000	752 000
Financial Income	61 000	10 000	12 000	16 000
Financial Costs	404 000	305 000	334 000	340 000
Financial Balance	−343 000	−295 000	−322 000	−324 000
Dividends	0	0	0	0
Net Income	239 000	−172 000	−233 000	341 000

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	463 000	411 000	232 000	295 000
Total Tangible Assets	463 000	411 000	232 000	295 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	763 000	711 000	532 000	595 000
Stock	6 472 000	6 538 000	7 414 000	5 704 000
Total Investments	0	0	0	0
Cash, Bank	183 000	288 000	95 000	227 000
Total Current Assets	8 102 000	7 958 000	8 658 000	6 572 000
Total Assets	8 864 000	8 669 000	9 190 000	7 168 000
Total Equity	2 365 000	2 126 000	2 298 000	2 531 000
Short-Term Group Debt	0	694 000	1 308 000	1 335 000
Total Long-Term Debt	4 617 000	4 549 000	4 332 000	2 311 000
Creditors	383 000	392 000	513 000	314 000
Unpaid Taxes	374 000	243 000	135 000	238 000
Dividends	0	0	0	0
Other Current Debt	500 000	666 000	404 000	350 000
Total Current Debt	1 882 000	1 994 000	2 559 000	2 325 000
Total Equity and Debt	8 864 000	8 669 000	9 190 000	7 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,11 %	−8,09 %	−10,14 %	13,47 %
Debt-to-Equity Ratio	1,95	2,14	1,89	0,91
Operating Profit Margin	4,77 %	1,07 %	1,77 %	6,85 %
Current Ratio	4,3	3,99	3,38	2,83
Quick Ratio	−1,77	−1,75	−1,78	−1,94
Equity Ratio	0,27	0,25	0,25	0,35
Gross Profit Margin	54,73 %	63,95 %	63,2 %	48,6 %