NORANETT AS

9408 HARSTAD

Finances

Return on Equity

9,27 %

Current Ratio

0,69

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	362 328 000	363 776 000	219 850 000	203 426 000
Net Income	49 717 000	27 614 000	32 550 000	19 741 000
Total Assets	1 473 965 000	1 515 960 000	815 305 000	818 202 000
Total Equity	536 489 000	607 493 000	393 944 000	410 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	362 328 000	363 776 000	219 850 000	203 426 000
Expenditure	287 629 000	319 983 000	198 913 000	193 099 000
Operating Profit	74 699 000	43 795 000	48 193 000	33 271 000
Financial Income	4 762 000	679 000	323 000	591 000
Financial Costs	15 604 000	8 984 000	6 775 000	8 549 000
Financial Balance	−10 842 000	−8 305 000	−6 452 000	−7 958 000
Earnings Before Tax	63 857 000	35 489 000	41 741 000	25 313 000
Tax	14 139 000	7 875 000	9 191 000	5 572 000
Net Income	49 717 000	27 614 000	32 550 000	19 741 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 306 867 000	1 264 955 000	729 302 000	702 050 000
Total Current Assets	167 097 000	251 005 000	86 003 000	116 153 000
Total Assets	1 473 965 000	1 515 960 000	815 305 000	818 202 000
Total Retained Equity	360 128 000	440 075 000	339 617 000	356 569 000
Total Equity	536 489 000	607 493 000	393 944 000	410 896 000
Total Long-Term Debt	694 236 000	659 297 000	291 743 000	303 209 000
Total Current Debt	243 240 000	249 170 000	129 618 000	104 098 000
Total Equity and Debt	1 473 965 000	1 515 960 000	815 305 000	818 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	330 211 000	342 820 000	199 628 000	186 980 000
Other Income	32 117 000	20 956 000	20 222 000	16 446 000
Revenue	362 328 000	363 776 000	219 850 000	203 426 000
Cost of Goods Sold	63 787 000	112 098 000	74 075 000	63 649 000
Salary Costs	94 482 000	93 209 000	52 266 000	45 709 000
Depreciation	52 416 000	47 771 000	29 232 000	28 273 000
Impairment	0	0	0	0
Expenditure	287 629 000	319 983 000	198 913 000	193 099 000
Operating Profit	74 699 000	43 795 000	48 193 000	33 271 000
Financial Income	4 762 000	679 000	323 000	591 000
Financial Costs	15 604 000	8 984 000	6 775 000	8 549 000
Financial Balance	−10 842 000	−8 305 000	−6 452 000	−7 958 000
Dividends	0	0	5 000 000	6 000 000
Net Income	49 717 000	27 614 000	32 550 000	19 741 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	280 000	280 000	9 374 000	1 906 000
Real Eastate	50 903 000	57 413 000	655 573 000	582 868 000
Machinery and Plant Facilities	1 212 961 000	1 165 868 000	0	0
Fixtures	38 023 000	37 225 000	4 729 000	7 981 000
Total Tangible Assets	1 301 887 000	1 260 507 000	660 336 000	590 849 000
Total Fiancial Fixed Assets	4 701 000	4 168 000	59 591 000	109 295 000
Total Fixed Assets	1 306 867 000	1 264 955 000	729 302 000	702 050 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 597 000	4 597 000	2 510 000	1 973 000
Total Current Assets	167 097 000	251 005 000	86 003 000	116 153 000
Total Assets	1 473 965 000	1 515 960 000	815 305 000	818 202 000
Total Equity	536 489 000	607 493 000	393 944 000	410 896 000
Short-Term Group Debt	17 558 000	9 279 000	12 333 000	8 094 000
Total Long-Term Debt	694 236 000	659 297 000	291 743 000	303 209 000
Creditors	35 910 000	28 138 000	25 120 000	10 755 000
Unpaid Taxes	71 243 000	84 545 000	32 885 000	37 548 000
Dividends	0	0	5 000 000	6 000 000
Other Current Debt	118 529 000	127 208 000	50 172 000	35 978 000
Total Current Debt	243 240 000	249 170 000	129 618 000	104 098 000
Total Equity and Debt	1 473 965 000	1 515 960 000	815 305 000	818 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,27 %	4,55 %	8,26 %	4,8 %
Debt-to-Equity Ratio	1,29	1,09	0,74	0,74
Operating Profit Margin	20,62 %	12,04 %	21,92 %	16,36 %
Current Ratio	0,69	1,01	0,66	1,12
Quick Ratio	0,69	1,01	0,66	1,12
Equity Ratio	0,36	0,4	0,48	0,5
Gross Profit Margin	82,4 %	69,18 %	66,31 %	68,71 %