NORRØN EIENDOMSUTVIKLING AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

2,19 %

Current Ratio

104,55

Debt-to-Equity Ratio

3,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 855 000	8 102 000	12 600 000	21 742 000
Net Income	776 000	1 501 000	1 782 000	7 050 000
Total Assets	166 261 000	76 489 000	82 403 000	62 951 000
Total Equity	35 425 000	32 564 000	32 570 000	32 458 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 855 000	8 102 000	12 600 000	21 742 000
Expenditure	2 947 000	6 198 000	10 217 000	12 714 000
Operating Profit	1 909 000	1 904 000	2 382 000	9 028 000
Financial Income	1 293 000	20 000	9 000	257 000
Financial Costs	2 207 000	0	107 000	276 000
Financial Balance	−914 000	20 000	−98 000	−19 000
Earnings Before Tax	995 000	1 924 000	2 284 000	9 009 000
Tax	219 000	423 000	503 000	1 959 000
Net Income	776 000	1 501 000	1 782 000	7 050 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 905 000	1 913 000	1 924 000	2 283 000
Total Current Assets	164 357 000	74 576 000	80 479 000	60 669 000
Total Assets	166 261 000	76 489 000	82 403 000	62 951 000
Total Retained Equity	33 687 000	32 261 000	32 267 000	32 155 000
Total Equity	35 425 000	32 564 000	32 570 000	32 458 000
Total Long-Term Debt	129 265 000	39 950 000	43 880 000	1 901 000
Total Current Debt	1 572 000	3 975 000	5 952 000	28 592 000
Total Equity and Debt	166 261 000	76 489 000	82 403 000	62 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 648 000	7 910 000	12 275 000	21 429 000
Other Income	208 000	192 000	325 000	313 000
Revenue	4 855 000	8 102 000	12 600 000	21 742 000
Cost of Goods Sold	2 678 000	5 937 000	9 799 000	12 352 000
Salary Costs	0	0	0	0
Depreciation	9 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	2 947 000	6 198 000	10 217 000	12 714 000
Operating Profit	1 909 000	1 904 000	2 382 000	9 028 000
Financial Income	1 293 000	20 000	9 000	257 000
Financial Costs	2 207 000	0	107 000	276 000
Financial Balance	−914 000	20 000	−98 000	−19 000
Dividends	0	0	0	0
Net Income	776 000	1 501 000	1 782 000	7 050 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	3 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	10 000	23 000	37 000
Total Tangible Assets	1 000	10 000	23 000	37 000
Total Fiancial Fixed Assets	1 900 000	1 900 000	1 900 000	2 246 000
Total Fixed Assets	1 905 000	1 913 000	1 924 000	2 283 000
Stock	77 804 000	53 858 000	55 980 000	54 023 000
Total Investments	0	0	0	0
Cash, Bank	180 000	0	0	0
Total Current Assets	164 357 000	74 576 000	80 479 000	60 669 000
Total Assets	166 261 000	76 489 000	82 403 000	62 951 000
Total Equity	35 425 000	32 564 000	32 570 000	32 458 000
Short-Term Group Debt	1 000 000	1 932 000	2 291 000	23 635 000
Total Long-Term Debt	129 265 000	39 950 000	43 880 000	1 901 000
Creditors	164 000	125 000	1 754 000	837 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	407 000	1 918 000	1 908 000	4 120 000
Total Current Debt	1 572 000	3 975 000	5 952 000	28 592 000
Total Equity and Debt	166 261 000	76 489 000	82 403 000	62 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,19 %	4,61 %	5,47 %	21,72 %
Debt-to-Equity Ratio	3,65	1,23	1,35	0,06
Operating Profit Margin	39,32 %	23,5 %	18,9 %	41,52 %
Current Ratio	104,55	18,76	13,52	2,12
Quick Ratio	−2,16	−1,5	−1,61	−2,39
Equity Ratio	0,21	0,43	0,4	0,52
Gross Profit Margin	44,84 %	26,72 %	22,23 %	43,19 %