NORMILK AS

7600 LEVANGER

Finances

Return on Equity

24,93 %

Current Ratio

5,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 559 000	361 729 000	365 209 000	356 127 000
Net Income	41 718 000	35 480 000	35 017 000	32 753 000
Total Assets	201 071 000	172 468 000	157 668 000	147 520 000
Total Equity	167 312 000	145 594 000	130 114 000	120 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 559 000	361 729 000	365 209 000	356 127 000
Expenditure	343 986 000	321 227 000	321 212 000	315 532 000
Operating Profit	52 959 000	44 951 000	43 660 000	40 647 000
Financial Income	534 000	545 000	1 264 000	1 356 000
Financial Costs	0	0	19 000	4 000
Financial Balance	534 000	545 000	1 245 000	1 352 000
Earnings Before Tax	53 493 000	45 496 000	44 905 000	41 998 000
Tax	11 775 000	10 016 000	9 888 000	9 245 000
Net Income	41 718 000	35 480 000	35 017 000	32 753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 466 000	13 250 000	14 237 000	13 023 000
Total Current Assets	188 605 000	159 218 000	143 431 000	134 496 000
Total Assets	201 071 000	172 468 000	157 668 000	147 520 000
Total Retained Equity	148 212 000	126 494 000	111 014 000	100 997 000
Total Equity	167 312 000	145 594 000	130 114 000	120 097 000
Total Long-Term Debt	442 000	727 000	579 000	460 000
Total Current Debt	33 317 000	26 147 000	26 974 000	26 963 000
Total Equity and Debt	201 071 000	172 468 000	157 668 000	147 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 448 000	361 699 000	365 209 000	356 127 000
Other Income	111 000	30 000	0	0
Revenue	398 559 000	361 729 000	365 209 000	356 127 000
Cost of Goods Sold	276 642 000	259 651 000	262 899 000	258 922 000
Salary Costs	28 798 000	26 691 000	26 197 000	24 116 000
Depreciation	3 384 000	2 700 000	2 284 000	1 877 000
Impairment	0	0	0	0
Expenditure	343 986 000	321 227 000	321 212 000	315 532 000
Operating Profit	52 959 000	44 951 000	43 660 000	40 647 000
Financial Income	534 000	545 000	1 264 000	1 356 000
Financial Costs	0	0	19 000	4 000
Financial Balance	534 000	545 000	1 245 000	1 352 000
Dividends	20 000 000	20 000 000	25 000 000	20 000 000
Net Income	41 718 000	35 480 000	35 017 000	32 753 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 627 000	2 032 000	2 438 000
Machinery and Plant Facilities	1 828 000	2 965 000	3 740 000	4 528 000
Fixtures	7 405 000	5 497 000	5 831 000	3 192 000
Total Tangible Assets	9 233 000	10 089 000	11 603 000	10 158 000
Total Fiancial Fixed Assets	3 233 000	3 161 000	2 634 000	2 865 000
Total Fixed Assets	12 466 000	13 250 000	14 237 000	13 023 000
Stock	14 695 000	14 747 000	10 826 000	11 680 000
Total Investments	0	0	0	0
Cash, Bank	86 025 000	69 259 000	94 724 000	87 324 000
Total Current Assets	188 605 000	159 218 000	143 431 000	134 496 000
Total Assets	201 071 000	172 468 000	157 668 000	147 520 000
Total Equity	167 312 000	145 594 000	130 114 000	120 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	442 000	727 000	579 000	460 000
Creditors	14 338 000	10 316 000	11 684 000	12 774 000
Unpaid Taxes	1 767 000	1 604 000	1 806 000	1 468 000
Dividends	20 000 000	20 000 000	25 000 000	20 000 000
Other Current Debt	5 153 000	4 359 000	3 717 000	3 555 000
Total Current Debt	33 317 000	26 147 000	26 974 000	26 963 000
Total Equity and Debt	201 071 000	172 468 000	157 668 000	147 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,93 %	24,37 %	26,91 %	27,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,29 %	12,43 %	11,95 %	11,41 %
Current Ratio	5,66	6,09	5,32	4,99
Quick Ratio	10,13	13,97	8,88	8,8
Equity Ratio	0,83	0,84	0,83	0,81
Gross Profit Margin	30,59 %	28,22 %	28,01 %	27,3 %