NORBARK AS

3420 LIERSKOGEN

Finances

Return on Equity

67,99 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 782 000	38 079 000	34 001 000	32 173 000
Net Income	7 471 000	5 756 000	4 699 000	5 014 000
Total Assets	31 259 000	22 945 000	18 369 000	18 610 000
Total Equity	10 988 000	8 518 000	8 262 000	6 563 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 782 000	38 079 000	34 001 000	32 173 000
Expenditure	50 182 000	30 651 000	27 862 000	25 723 000
Operating Profit	9 599 000	7 428 000	6 140 000	6 451 000
Financial Income	52 000	34 000	5 000	38 000
Financial Costs	72 000	83 000	119 000	61 000
Financial Balance	−20 000	−49 000	−114 000	−23 000
Earnings Before Tax	9 578 000	7 379 000	6 026 000	6 428 000
Tax	2 107 000	1 623 000	1 326 000	1 414 000
Net Income	7 471 000	5 756 000	4 699 000	5 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 200 000	2 841 000	1 937 000	1 866 000
Total Current Assets	24 059 000	20 104 000	16 432 000	16 744 000
Total Assets	31 259 000	22 945 000	18 369 000	18 610 000
Total Retained Equity	10 888 000	8 418 000	8 162 000	6 463 000
Total Equity	10 988 000	8 518 000	8 262 000	6 563 000
Total Long-Term Debt	3 219 000	1 472 000	1 743 000	2 307 000
Total Current Debt	17 052 000	12 955 000	8 364 000	9 741 000
Total Equity and Debt	31 259 000	22 945 000	18 369 000	18 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 462 000	36 828 000	34 001 000	31 405 000
Other Income	320 000	1 252 000	0	768 000
Revenue	59 782 000	38 079 000	34 001 000	32 173 000
Cost of Goods Sold	17 865 000	7 012 000	6 496 000	6 763 000
Salary Costs	12 652 000	9 217 000	8 817 000	7 143 000
Depreciation	710 000	536 000	656 000	582 000
Impairment	0	0	0	0
Expenditure	50 182 000	30 651 000	27 862 000	25 723 000
Operating Profit	9 599 000	7 428 000	6 140 000	6 451 000
Financial Income	52 000	34 000	5 000	38 000
Financial Costs	72 000	83 000	119 000	61 000
Financial Balance	−20 000	−49 000	−114 000	−23 000
Dividends	5 000 000	5 500 000	3 000 000	3 000 000
Net Income	7 471 000	5 756 000	4 699 000	5 014 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	101 000	58 000
Real Eastate	3 588 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 565 000	2 794 000	1 788 000	1 760 000
Total Tangible Assets	7 153 000	2 794 000	1 788 000	1 760 000
Total Fiancial Fixed Assets	47 000	47 000	47 000	47 000
Total Fixed Assets	7 200 000	2 841 000	1 937 000	1 866 000
Stock	2 420 000	2 580 000	2 740 000	2 900 000
Total Investments	0	0	0	0
Cash, Bank	8 841 000	11 094 000	10 638 000	8 540 000
Total Current Assets	24 059 000	20 104 000	16 432 000	16 744 000
Total Assets	31 259 000	22 945 000	18 369 000	18 610 000
Total Equity	10 988 000	8 518 000	8 262 000	6 563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 219 000	1 472 000	1 743 000	2 307 000
Creditors	5 567 000	2 986 000	1 182 000	2 485 000
Unpaid Taxes	2 605 000	1 693 000	1 454 000	1 627 000
Dividends	5 000 000	5 500 000	3 000 000	3 000 000
Other Current Debt	1 833 000	4 824 000	1 359 000	1 203 000
Total Current Debt	17 052 000	12 955 000	8 364 000	9 741 000
Total Equity and Debt	31 259 000	22 945 000	18 369 000	18 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,99 %	67,57 %	56,87 %	76,4 %
Debt-to-Equity Ratio	0,29	0,17	0,21	0,35
Operating Profit Margin	16,06 %	19,51 %	18,06 %	20,05 %
Current Ratio	1,41	1,55	1,96	1,72
Quick Ratio	1,64	1,94	2,92	2,45
Equity Ratio	0,35	0,37	0,45	0,35
Gross Profit Margin	70,12 %	81,59 %	80,89 %	78,98 %