NORKREDIT AS

1831 ASKIM

Finances

Share Ownership

Return on Equity

8,47 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 051 000	5 376 000	5 769 000	4 888 000
Net Income	299 000	−178 000	437 000	202 000
Total Assets	15 101 000	14 057 000	15 513 000	14 158 000
Total Equity	3 532 000	3 586 000	3 764 000	3 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 051 000	5 376 000	5 769 000	4 888 000
Expenditure	6 409 000	5 341 000	4 973 000	4 476 000
Operating Profit	641 000	34 000	796 000	411 000
Financial Income	26 000	8 000	1 000	10 000
Financial Costs	285 000	270 000	237 000	163 000
Financial Balance	−259 000	−262 000	−236 000	−153 000
Earnings Before Tax	383 000	−228 000	560 000	258 000
Tax	84 000	−50 000	123 000	57 000
Net Income	299 000	−178 000	437 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 146 000	11 886 000	13 683 000	12 267 000
Total Current Assets	3 956 000	2 171 000	1 830 000	1 891 000
Total Assets	15 101 000	14 057 000	15 513 000	14 158 000
Total Retained Equity	3 432 000	3 133 000	3 311 000	2 874 000
Total Equity	3 532 000	3 586 000	3 764 000	3 327 000
Total Long-Term Debt	10 604 000	9 368 000	10 750 000	8 707 000
Total Current Debt	966 000	1 103 000	999 000	2 125 000
Total Equity and Debt	15 101 000	14 057 000	15 513 000	14 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 470 000	5 127 000	5 071 000	4 368 000
Other Income	1 580 000	248 000	697 000	520 000
Revenue	7 051 000	5 376 000	5 769 000	4 888 000
Cost of Goods Sold	1 108 000	542 000	662 000	726 000
Salary Costs	294 000	294 000	379 000	624 000
Depreciation	4 122 000	4 166 000	3 557 000	2 770 000
Impairment	0	0	0	0
Expenditure	6 409 000	5 341 000	4 973 000	4 476 000
Operating Profit	641 000	34 000	796 000	411 000
Financial Income	26 000	8 000	1 000	10 000
Financial Costs	285 000	270 000	237 000	163 000
Financial Balance	−259 000	−262 000	−236 000	−153 000
Dividends	0	0	0	300 000
Net Income	299 000	−178 000	437 000	202 000

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	11 146 000	11 886 000	13 683 000	12 267 000
Total Tangible Assets	11 146 000	11 886 000	13 683 000	12 267 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 146 000	11 886 000	13 683 000	12 267 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 975 000	1 456 000	1 539 000	949 000
Total Current Assets	3 956 000	2 171 000	1 830 000	1 891 000
Total Assets	15 101 000	14 057 000	15 513 000	14 158 000
Total Equity	3 532 000	3 586 000	3 764 000	3 327 000
Short-Term Group Debt	0	0	0	432 000
Total Long-Term Debt	10 604 000	9 368 000	10 750 000	8 707 000
Creditors	213 000	156 000	165 000	186 000
Unpaid Taxes	18 000	189 000	87 000	220 000
Dividends	0	0	0	300 000
Other Current Debt	735 000	602 000	708 000	987 000
Total Current Debt	966 000	1 103 000	999 000	2 125 000
Total Equity and Debt	15 101 000	14 057 000	15 513 000	14 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,47 %	−4,96 %	11,61 %	6,07 %
Debt-to-Equity Ratio	3	2,61	2,86	2,62
Operating Profit Margin	9,09 %	0,63 %	13,8 %	8,41 %
Current Ratio	4,1	1,97	1,83	0,89
Quick Ratio	4,1	1,97	1,83	0,89
Equity Ratio	0,23	0,26	0,24	0,23
Gross Profit Margin	84,29 %	89,92 %	88,52 %	85,15 %