NOR-STRAND AS

9007 TROMSØ

Finances

Share Ownership

Return on Equity

16,03 %

Current Ratio

0,15

Debt-to-Equity Ratio

15,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 169 000	14 930 000	15 011 000	15 349 000
Net Income	2 093 000	2 431 000	3 482 000	4 382 000
Total Assets	217 419 000	217 706 000	223 285 000	228 986 000
Total Equity	13 055 000	10 962 000	10 871 000	8 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 169 000	14 930 000	15 011 000	15 349 000
Expenditure	8 135 000	8 310 000	6 245 000	6 039 000
Operating Profit	6 035 000	6 620 000	8 766 000	9 310 000
Financial Income	0	4 000	9 000	13 000
Financial Costs	3 351 000	3 506 000	4 310 000	3 705 000
Financial Balance	−3 351 000	−3 502 000	−4 301 000	−3 692 000
Earnings Before Tax	2 683 000	3 117 000	4 465 000	5 618 000
Tax	590 000	686 000	982 000	1 236 000
Net Income	2 093 000	2 431 000	3 482 000	4 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 988 000	217 355 000	217 873 000	218 240 000
Total Current Assets	431 000	351 000	5 412 000	10 746 000
Total Assets	217 419 000	217 706 000	223 285 000	228 986 000
Total Retained Equity	12 055 000	9 962 000	9 871 000	7 899 000
Total Equity	13 055 000	10 962 000	10 871 000	8 899 000
Total Long-Term Debt	201 519 000	200 507 000	207 054 000	213 365 000
Total Current Debt	2 845 000	6 237 000	5 360 000	6 723 000
Total Equity and Debt	217 419 000	217 706 000	223 285 000	228 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	800 000	173 000	1 315 000
Other Income	14 127 000	14 130 000	14 838 000	14 034 000
Revenue	14 169 000	14 930 000	15 011 000	15 349 000
Cost of Goods Sold	0	220 000	0	331 000
Salary Costs	988 000	859 000	878 000	770 000
Depreciation	367 000	362 000	367 000	361 000
Impairment	0	0	0	0
Expenditure	8 135 000	8 310 000	6 245 000	6 039 000
Operating Profit	6 035 000	6 620 000	8 766 000	9 310 000
Financial Income	0	4 000	9 000	13 000
Financial Costs	3 351 000	3 506 000	4 310 000	3 705 000
Financial Balance	−3 351 000	−3 502 000	−4 301 000	−3 692 000
Dividends	0	0	0	0
Net Income	2 093 000	2 431 000	3 482 000	4 382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	216 988 000	217 355 000	217 873 000	218 240 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	216 988 000	217 355 000	217 873 000	218 240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 988 000	217 355 000	217 873 000	218 240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	96 000	130 000	794 000	198 000
Total Current Assets	431 000	351 000	5 412 000	10 746 000
Total Assets	217 419 000	217 706 000	223 285 000	228 986 000
Total Equity	13 055 000	10 962 000	10 871 000	8 899 000
Short-Term Group Debt	0	3 000 000	4 500 000	5 000 000
Total Long-Term Debt	201 519 000	200 507 000	207 054 000	213 365 000
Creditors	434 000	303 000	74 000	785 000
Unpaid Taxes	32 000	97 000	33 000	84 000
Dividends	0	0	0	0
Other Current Debt	1 770 000	2 544 000	750 000	728 000
Total Current Debt	2 845 000	6 237 000	5 360 000	6 723 000
Total Equity and Debt	217 419 000	217 706 000	223 285 000	228 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,03 %	22,18 %	32,03 %	49,24 %
Debt-to-Equity Ratio	15,44	18,29	19,05	23,98
Operating Profit Margin	42,59 %	44,34 %	58,4 %	60,66 %
Current Ratio	0,15	0,06	1,01	1,6
Quick Ratio	0,15	0,06	1,01	1,6
Equity Ratio	0,06	0,05	0,05	0,04
Gross Profit Margin	100 %	98,53 %	100 %	97,84 %