NORGIPS NORGE AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

16,1 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 014 956 000	795 533 000	738 658 000	669 682 000
Net Income	75 026 000	65 933 000	31 847 000	23 256 000
Total Assets	660 952 000	620 635 000	608 348 000	616 257 000
Total Equity	466 067 000	431 041 000	415 108 000	453 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 014 956 000	795 533 000	738 658 000	669 682 000
Expenditure	929 207 000	708 831 000	701 249 000	637 005 000
Operating Profit	85 749 000	86 703 000	37 409 000	32 677 000
Financial Income	20 524 000	8 730 000	20 194 000	6 811 000
Financial Costs	10 086 000	10 902 000	17 165 000	9 624 000
Financial Balance	10 438 000	−2 172 000	3 029 000	−2 813 000
Earnings Before Tax	96 187 000	84 531 000	40 438 000	29 864 000
Tax	21 161 000	18 598 000	8 590 000	6 608 000
Net Income	75 026 000	65 933 000	31 847 000	23 256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 709 000	327 823 000	358 196 000	400 611 000
Total Current Assets	369 243 000	292 812 000	250 152 000	215 646 000
Total Assets	660 952 000	620 635 000	608 348 000	616 257 000
Total Retained Equity	176 067 000	141 041 000	125 108 000	163 261 000
Total Equity	466 067 000	431 041 000	415 108 000	453 261 000
Total Long-Term Debt	6 449 000	14 064 000	13 722 000	17 193 000
Total Current Debt	188 436 000	175 530 000	179 519 000	145 804 000
Total Equity and Debt	660 952 000	620 635 000	608 348 000	616 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 013 748 000	795 533 000	738 658 000	669 682 000
Other Income	1 208 000	0	0	0
Revenue	1 014 956 000	795 533 000	738 658 000	669 682 000
Cost of Goods Sold	570 012 000	377 318 000	383 042 000	334 155 000
Salary Costs	130 946 000	125 965 000	119 825 000	115 599 000
Depreciation	46 748 000	47 155 000	52 344 000	53 711 000
Impairment	0	0	0	0
Expenditure	929 207 000	708 831 000	701 249 000	637 005 000
Operating Profit	85 749 000	86 703 000	37 409 000	32 677 000
Financial Income	20 524 000	8 730 000	20 194 000	6 811 000
Financial Costs	10 086 000	10 902 000	17 165 000	9 624 000
Financial Balance	10 438 000	−2 172 000	3 029 000	−2 813 000
Dividends	40 000 000	50 000 000	70 000 000	50 000 000
Net Income	75 026 000	65 933 000	31 847 000	23 256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	11 656 000	23 313 000	0	0
Total Intangible Assets	11 784 000	23 541 000	35 810 000	48 331 000
Real Eastate	22 883 000	22 883 000	22 883 000	22 883 000
Machinery and Plant Facilities	249 024 000	269 843 000	291 341 000	319 411 000
Fixtures	8 019 000	11 556 000	8 163 000	9 986 000
Total Tangible Assets	279 925 000	304 282 000	322 386 000	352 280 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	291 709 000	327 823 000	358 196 000	400 611 000
Stock	73 245 000	55 017 000	42 905 000	35 645 000
Total Investments	0	0	0	0
Cash, Bank	89 328 000	87 889 000	55 028 000	74 686 000
Total Current Assets	369 243 000	292 812 000	250 152 000	215 646 000
Total Assets	660 952 000	620 635 000	608 348 000	616 257 000
Total Equity	466 067 000	431 041 000	415 108 000	453 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 449 000	14 064 000	13 722 000	17 193 000
Creditors	85 286 000	60 069 000	49 203 000	48 092 000
Unpaid Taxes	9 242 000	9 256 000	8 110 000	8 112 000
Dividends	40 000 000	50 000 000	70 000 000	50 000 000
Other Current Debt	27 900 000	87 167 000	41 490 000	32 159 000
Total Current Debt	188 436 000	175 530 000	179 519 000	145 804 000
Total Equity and Debt	660 952 000	620 635 000	608 348 000	616 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,1 %	15,3 %	7,67 %	5,13 %
Debt-to-Equity Ratio	0,01	0,03	0,03	0,04
Operating Profit Margin	8,45 %	10,9 %	5,06 %	4,88 %
Current Ratio	1,96	1,67	1,39	1,48
Quick Ratio	3,21	2,43	1,83	1,96
Equity Ratio	0,71	0,69	0,68	0,74
Gross Profit Margin	43,84 %	52,57 %	48,14 %	50,1 %