NORO NORGE AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

206,89 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 862 000	20 725 000	18 173 000	20 893 000
Net Income	1 502 000	948 000	623 000	831 000
Total Assets	8 394 000	5 329 000	4 514 000	8 646 000
Total Equity	726 000	724 000	676 000	754 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 862 000	20 725 000	18 173 000	20 893 000
Expenditure	30 926 000	19 504 000	17 377 000	19 848 000
Operating Profit	1 936 000	1 221 000	796 000	1 045 000
Financial Income	5 000	0	5 000	8 000
Financial Costs	1 000	1 000	3 000	3 000
Financial Balance	4 000	−1 000	2 000	5 000
Earnings Before Tax	1 940 000	1 221 000	798 000	1 050 000
Tax	438 000	273 000	176 000	219 000
Net Income	1 502 000	948 000	623 000	831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	8 000	1 000	2 000
Total Current Assets	8 354 000	5 321 000	4 513 000	8 645 000
Total Assets	8 394 000	5 329 000	4 514 000	8 646 000
Total Retained Equity	626 000	624 000	576 000	654 000
Total Equity	726 000	724 000	676 000	754 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 667 000	4 604 000	3 838 000	7 893 000
Total Equity and Debt	8 394 000	5 329 000	4 514 000	8 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 862 000	20 728 000	18 172 000	20 892 000
Other Income	0	−3 000	0	0
Revenue	32 862 000	20 725 000	18 173 000	20 893 000
Cost of Goods Sold	26 341 000	15 654 000	11 897 000	13 765 000
Salary Costs	1 864 000	1 899 000	1 018 000	1 430 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 926 000	19 504 000	17 377 000	19 848 000
Operating Profit	1 936 000	1 221 000	796 000	1 045 000
Financial Income	5 000	0	5 000	8 000
Financial Costs	1 000	1 000	3 000	3 000
Financial Balance	4 000	−1 000	2 000	5 000
Dividends	1 500 000	900 000	0	831 000
Net Income	1 502 000	948 000	623 000	831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	8 000	1 000	2 000
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	40 000	8 000	1 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	77 000	2 505 000	5 208 000
Total Current Assets	8 354 000	5 321 000	4 513 000	8 645 000
Total Assets	8 394 000	5 329 000	4 514 000	8 646 000
Total Equity	726 000	724 000	676 000	754 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 191 000	488 000	510 000	1 146 000
Unpaid Taxes	1 823 000	1 132 000	1 033 000	830 000
Dividends	1 500 000	900 000	0	831 000
Other Current Debt	2 679 000	1 804 000	1 420 000	1 777 000
Total Current Debt	7 667 000	4 604 000	3 838 000	7 893 000
Total Equity and Debt	8 394 000	5 329 000	4 514 000	8 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	206,89 %	130,94 %	92,16 %	110,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,89 %	5,89 %	4,38 %	5 %
Current Ratio	1,09	1,16	1,18	1,1
Quick Ratio	1,09	1,16	1,18	1,1
Equity Ratio	0,09	0,14	0,15	0,09
Gross Profit Margin	19,84 %	24,47 %	34,53 %	34,12 %