NORKRED AS

9510 ALTA

Finances

Share Ownership

Return on Equity

125,05 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 562 000	9 500 000	10 043 000	10 346 000
Net Income	1 228 000	390 000	969 000	1 222 000
Total Assets	4 889 000	3 283 000	4 307 000	4 771 000
Total Equity	982 000	1 554 000	1 164 000	1 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 562 000	9 500 000	10 043 000	10 346 000
Expenditure	9 037 000	9 012 000	8 815 000	8 828 000
Operating Profit	1 525 000	487 000	1 228 000	1 519 000
Financial Income	50 000	13 000	16 000	49 000
Financial Costs	1 000	0	1 000	0
Financial Balance	49 000	13 000	15 000	49 000
Earnings Before Tax	1 574 000	501 000	1 242 000	1 567 000
Tax	346 000	110 000	273 000	345 000
Net Income	1 228 000	390 000	969 000	1 222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	221 000	292 000	364 000
Total Current Assets	4 740 000	3 062 000	4 015 000	4 408 000
Total Assets	4 889 000	3 283 000	4 307 000	4 771 000
Total Retained Equity	882 000	1 454 000	1 064 000	1 345 000
Total Equity	982 000	1 554 000	1 164 000	1 445 000
Total Long-Term Debt	2 000	10 000	17 000	22 000
Total Current Debt	3 906 000	1 719 000	3 127 000	3 304 000
Total Equity and Debt	4 889 000	3 283 000	4 307 000	4 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 312 000	9 350 000	10 043 000	10 346 000
Other Income	250 000	150 000	0	0
Revenue	10 562 000	9 500 000	10 043 000	10 346 000
Cost of Goods Sold	379 000	454 000	619 000	691 000
Salary Costs	5 981 000	6 284 000	6 008 000	5 474 000
Depreciation	71 000	71 000	71 000	66 000
Impairment	0	0	0	0
Expenditure	9 037 000	9 012 000	8 815 000	8 828 000
Operating Profit	1 525 000	487 000	1 228 000	1 519 000
Financial Income	50 000	13 000	16 000	49 000
Financial Costs	1 000	0	1 000	0
Financial Balance	49 000	13 000	15 000	49 000
Dividends	1 800 000	0	1 250 000	1 350 000
Net Income	1 228 000	390 000	969 000	1 222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 000	33 000	43 000	52 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	126 000	188 000	250 000	311 000
Total Tangible Assets	150 000	221 000	292 000	364 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	221 000	292 000	364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 837 000	2 337 000	3 303 000	3 582 000
Total Current Assets	4 740 000	3 062 000	4 015 000	4 408 000
Total Assets	4 889 000	3 283 000	4 307 000	4 771 000
Total Equity	982 000	1 554 000	1 164 000	1 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	10 000	17 000	22 000
Creditors	163 000	86 000	92 000	261 000
Unpaid Taxes	513 000	478 000	423 000	444 000
Dividends	1 800 000	0	1 250 000	1 350 000
Other Current Debt	1 076 000	1 037 000	1 083 000	902 000
Total Current Debt	3 906 000	1 719 000	3 127 000	3 304 000
Total Equity and Debt	4 889 000	3 283 000	4 307 000	4 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,05 %	25,1 %	83,25 %	84,57 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	14,44 %	5,13 %	12,23 %	14,68 %
Current Ratio	1,21	1,78	1,28	1,33
Quick Ratio	1,21	1,78	1,28	1,33
Equity Ratio	0,2	0,47	0,27	0,3
Gross Profit Margin	96,41 %	95,22 %	93,84 %	93,32 %