NORGESKJELL AS

7170 ÅFJORD

Finances

Return on Equity

−12,38 %

Current Ratio

2,91

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 594 000	36 959 000	17 634 000	15 971 000
Net Income	−5 122 000	−7 586 000	−4 610 000	−8 908 000
Total Assets	58 613 000	66 592 000	47 846 000	54 897 000
Total Equity	41 371 000	43 998 000	33 722 000	38 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 594 000	36 959 000	17 634 000	15 971 000
Expenditure	50 964 000	51 340 000	26 107 000	26 481 000
Operating Profit	−6 265 000	−9 842 000	−5 522 000	−10 021 000
Financial Income	104 000	20 000	6 000	1 000
Financial Costs	405 000	396 000	446 000	1 400 000
Financial Balance	−301 000	−376 000	−440 000	−1 399 000
Earnings Before Tax	−6 567 000	−10 218 000	−5 961 000	−11 420 000
Tax	−1 445 000	−2 632 000	−1 351 000	−2 512 000
Net Income	−5 122 000	−7 586 000	−4 610 000	−8 908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 683 000	22 691 000	29 654 000	28 628 000
Total Current Assets	27 930 000	43 901 000	18 191 000	26 269 000
Total Assets	58 613 000	66 592 000	47 846 000	54 897 000
Total Retained Equity	−53 322 000	−48 200 000	−38 946 000	−34 336 000
Total Equity	41 371 000	43 998 000	33 722 000	38 332 000
Total Long-Term Debt	7 633 000	13 180 000	10 129 000	13 379 000
Total Current Debt	9 608 000	9 413 000	3 994 000	3 186 000
Total Equity and Debt	58 613 000	66 592 000	47 846 000	54 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 579 000	36 881 000	17 634 000	15 971 000
Other Income	15 000	77 000	0	0
Revenue	44 594 000	36 959 000	17 634 000	15 971 000
Cost of Goods Sold	18 045 000	15 481 000	4 463 000	4 159 000
Salary Costs	18 444 000	15 130 000	9 267 000	11 058 000
Depreciation	2 519 000	3 190 000	3 427 000	3 400 000
Impairment	0	5 413 000	0	0
Expenditure	50 964 000	51 340 000	26 107 000	26 481 000
Operating Profit	−6 265 000	−9 842 000	−5 522 000	−10 021 000
Financial Income	104 000	20 000	6 000	1 000
Financial Costs	405 000	396 000	446 000	1 400 000
Financial Balance	−301 000	−376 000	−440 000	−1 399 000
Dividends	0	0	0	0
Net Income	−5 122 000	−7 586 000	−4 610 000	−8 908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 414 000	6 673 000	6 750 000	5 399 000
Real Eastate	1 638 000	1 666 000	2 171 000	2 328 000
Machinery and Plant Facilities	11 795 000	11 555 000	17 218 000	18 046 000
Fixtures	2 370 000	2 785 000	2 330 000	2 844 000
Total Tangible Assets	15 804 000	16 007 000	21 719 000	23 218 000
Total Fiancial Fixed Assets	7 466 000	11 000	1 185 000	11 000
Total Fixed Assets	30 683 000	22 691 000	29 654 000	28 628 000
Stock	21 096 000	20 891 000	16 041 000	13 089 000
Total Investments	0	0	0	0
Cash, Bank	715 000	1 138 000	408 000	464 000
Total Current Assets	27 930 000	43 901 000	18 191 000	26 269 000
Total Assets	58 613 000	66 592 000	47 846 000	54 897 000
Total Equity	41 371 000	43 998 000	33 722 000	38 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 633 000	13 180 000	10 129 000	13 379 000
Creditors	6 349 000	4 209 000	2 485 000	1 453 000
Unpaid Taxes	755 000	852 000	352 000	432 000
Dividends	0	0	0	0
Other Current Debt	1 993 000	3 373 000	916 000	1 043 000
Total Current Debt	9 608 000	9 413 000	3 994 000	3 186 000
Total Equity and Debt	58 613 000	66 592 000	47 846 000	54 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,38 %	−17,24 %	−13,67 %	−23,24 %
Debt-to-Equity Ratio	0,18	0,3	0,3	0,35
Operating Profit Margin	−14,05 %	−26,63 %	−31,31 %	−62,74 %
Current Ratio	2,91	4,66	4,55	8,25
Quick Ratio	−2,43	−3,82	−1,51	−2,65
Equity Ratio	0,71	0,66	0,7	0,7
Gross Profit Margin	59,53 %	58,11 %	74,69 %	73,96 %