NORENA PRESENNING AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

15,4 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 894 000	17 878 000	15 370 000	13 871 000
Net Income	1 612 000	1 372 000	989 000	78 000
Total Assets	13 164 000	11 796 000	10 467 000	9 665 000
Total Equity	10 469 000	8 857 000	8 185 000	7 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 894 000	17 878 000	15 370 000	13 871 000
Expenditure	20 831 000	16 120 000	14 103 000	13 770 000
Operating Profit	2 063 000	1 759 000	1 267 000	100 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	4 000	1 000	1 000	0
Earnings Before Tax	2 066 000	1 760 000	1 268 000	100 000
Tax	455 000	387 000	279 000	22 000
Net Income	1 612 000	1 372 000	989 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 428 000	2 708 000	993 000	1 010 000
Total Current Assets	9 736 000	9 088 000	9 474 000	8 655 000
Total Assets	13 164 000	11 796 000	10 467 000	9 665 000
Total Retained Equity	10 265 000	8 654 000	7 981 000	6 992 000
Total Equity	10 469 000	8 857 000	8 185 000	7 196 000
Total Long-Term Debt	47 000	67 000	27 000	18 000
Total Current Debt	2 648 000	2 871 000	2 255 000	2 451 000
Total Equity and Debt	13 164 000	11 796 000	10 467 000	9 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 894 000	17 878 000	15 236 000	13 871 000
Other Income	0	0	135 000	0
Revenue	22 894 000	17 878 000	15 370 000	13 871 000
Cost of Goods Sold	8 788 000	7 127 000	6 400 000	5 854 000
Salary Costs	8 261 000	6 112 000	5 237 000	5 400 000
Depreciation	297 000	222 000	104 000	114 000
Impairment	0	0	0	0
Expenditure	20 831 000	16 120 000	14 103 000	13 770 000
Operating Profit	2 063 000	1 759 000	1 267 000	100 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	4 000	1 000	1 000	0
Dividends	0	700 000	0	0
Net Income	1 612 000	1 372 000	989 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	66 000	74 000	82 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 723 000	1 990 000	610 000	713 000
Total Tangible Assets	1 788 000	2 065 000	692 000	713 000
Total Fiancial Fixed Assets	1 640 000	643 000	300 000	298 000
Total Fixed Assets	3 428 000	2 708 000	993 000	1 010 000
Stock	3 656 000	3 490 000	4 311 000	5 351 000
Total Investments	0	0	0	0
Cash, Bank	3 570 000	2 989 000	3 143 000	580 000
Total Current Assets	9 736 000	9 088 000	9 474 000	8 655 000
Total Assets	13 164 000	11 796 000	10 467 000	9 665 000
Total Equity	10 469 000	8 857 000	8 185 000	7 196 000
Short-Term Group Debt	0	0	928 000	928 000
Total Long-Term Debt	47 000	67 000	27 000	18 000
Creditors	123 000	498 000	64 000	390 000
Unpaid Taxes	1 173 000	1 052 000	583 000	685 000
Dividends	0	700 000	0	0
Other Current Debt	878 000	474 000	410 000	433 000
Total Current Debt	2 648 000	2 871 000	2 255 000	2 451 000
Total Equity and Debt	13 164 000	11 796 000	10 467 000	9 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,4 %	15,49 %	12,08 %	1,08 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	9,01 %	9,84 %	8,24 %	0,72 %
Current Ratio	3,68	3,17	4,2	3,53
Quick Ratio	−9,66	−14,68	−4,61	−2,98
Equity Ratio	0,8	0,75	0,78	0,74
Gross Profit Margin	61,61 %	60,14 %	58,36 %	57,8 %