NORSE METAL ELVERUM AS

2406 ELVERUM

Finances

Return on Equity

13,99 %

Current Ratio

1,13

Debt-to-Equity Ratio

4,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 888 000	43 889 000	44 475 000	46 748 000
Net Income	378 000	−2 689 000	−4 637 000	498 000
Total Assets	31 249 000	34 223 000	39 549 000	39 976 000
Total Equity	2 702 000	2 323 000	2 012 000	6 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 888 000	43 889 000	44 475 000	46 748 000
Expenditure	51 305 000	45 041 000	46 925 000	44 736 000
Operating Profit	1 583 000	−1 152 000	−2 451 000	2 013 000
Financial Income	307 000	155 000	98 000	307 000
Financial Costs	1 511 000	1 692 000	2 284 000	1 823 000
Financial Balance	−1 204 000	−1 537 000	−2 186 000	−1 516 000
Earnings Before Tax	378 000	−2 689 000	−4 637 000	498 000
Tax	0	0	0	0
Net Income	378 000	−2 689 000	−4 637 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 572 000	14 291 000	15 541 000	12 731 000
Total Current Assets	18 676 000	19 932 000	24 008 000	27 245 000
Total Assets	31 249 000	34 223 000	39 549 000	39 976 000
Total Retained Equity	−3 610 000	−3 988 000	−1 299 000	3 337 000
Total Equity	2 702 000	2 323 000	2 012 000	6 649 000
Total Long-Term Debt	12 077 000	14 734 000	15 913 000	8 922 000
Total Current Debt	16 470 000	17 166 000	21 624 000	24 405 000
Total Equity and Debt	31 249 000	34 223 000	39 549 000	39 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 120 000	41 529 000	40 432 000	42 488 000
Other Income	−231 000	2 360 000	4 043 000	4 260 000
Revenue	52 888 000	43 889 000	44 475 000	46 748 000
Cost of Goods Sold	30 330 000	23 111 000	24 832 000	22 075 000
Salary Costs	12 485 000	13 254 000	14 357 000	14 633 000
Depreciation	2 092 000	2 158 000	1 781 000	1 667 000
Impairment	0	0	0	0
Expenditure	51 305 000	45 041 000	46 925 000	44 736 000
Operating Profit	1 583 000	−1 152 000	−2 451 000	2 013 000
Financial Income	307 000	155 000	98 000	307 000
Financial Costs	1 511 000	1 692 000	2 284 000	1 823 000
Financial Balance	−1 204 000	−1 537 000	−2 186 000	−1 516 000
Dividends	0	0	0	0
Net Income	378 000	−2 689 000	−4 637 000	498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 881 000	2 320 000	3 336 000	3 107 000
Real Eastate	5 082 000	5 282 000	5 481 000	5 680 000
Machinery and Plant Facilities	5 381 000	6 398 000	4 313 000	3 473 000
Fixtures	218 000	282 000	401 000	461 000
Total Tangible Assets	10 681 000	11 962 000	10 195 000	9 614 000
Total Fiancial Fixed Assets	10 000	10 000	2 010 000	10 000
Total Fixed Assets	12 572 000	14 291 000	15 541 000	12 731 000
Stock	7 733 000	8 399 000	9 117 000	9 048 000
Total Investments	0	0	0	0
Cash, Bank	523 000	369 000	621 000	224 000
Total Current Assets	18 676 000	19 932 000	24 008 000	27 245 000
Total Assets	31 249 000	34 223 000	39 549 000	39 976 000
Total Equity	2 702 000	2 323 000	2 012 000	6 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 077 000	14 734 000	15 913 000	8 922 000
Creditors	6 681 000	9 096 000	11 204 000	10 728 000
Unpaid Taxes	994 000	781 000	1 594 000	1 113 000
Dividends	0	0	0	0
Other Current Debt	3 612 000	2 703 000	3 072 000	3 022 000
Total Current Debt	16 470 000	17 166 000	21 624 000	24 405 000
Total Equity and Debt	31 249 000	34 223 000	39 549 000	39 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,99 %	−115,76 %	−230,47 %	7,49 %
Debt-to-Equity Ratio	4,47	6,34	7,91	1,34
Operating Profit Margin	2,99 %	−2,62 %	−5,51 %	4,31 %
Current Ratio	1,13	1,16	1,11	1,12
Quick Ratio	2,14	2,27	1,92	1,77
Equity Ratio	0,09	0,07	0,05	0,17
Gross Profit Margin	42,65 %	47,34 %	44,17 %	52,78 %