NORSUS NORSK INSTITUTT FOR BÆREKRAFTSFORSKNING AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

11,96 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 494 000	37 020 000	35 277 000	34 997 000
Net Income	1 504 000	2 417 000	2 000 000	441 000
Total Assets	52 629 000	53 002 000	43 360 000	45 878 000
Total Equity	12 574 000	11 070 000	8 653 000	6 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 494 000	37 020 000	35 277 000	34 997 000
Expenditure	38 519 000	33 843 000	32 658 000	34 183 000
Operating Profit	1 976 000	3 176 000	2 619 000	814 000
Financial Income	20 000	28 000	12 000	21 000
Financial Costs	55 000	104 000	64 000	86 000
Financial Balance	−35 000	−76 000	−52 000	−65 000
Earnings Before Tax	1 941 000	3 100 000	2 567 000	749 000
Tax	436 000	683 000	567 000	307 000
Net Income	1 504 000	2 417 000	2 000 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	247 000	3 188 000	3 669 000
Total Current Assets	52 290 000	52 755 000	40 172 000	42 208 000
Total Assets	52 629 000	53 002 000	43 360 000	45 878 000
Total Retained Equity	7 691 000	6 187 000	3 770 000	1 770 000
Total Equity	12 574 000	11 070 000	8 653 000	6 653 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 055 000	41 932 000	34 707 000	39 224 000
Total Equity and Debt	52 629 000	53 002 000	43 360 000	45 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 494 000	37 020 000	35 277 000	34 997 000
Other Income	0	0	0	0
Revenue	40 494 000	37 020 000	35 277 000	34 997 000
Cost of Goods Sold	2 278 000	1 852 000	3 079 000	5 767 000
Salary Costs	29 192 000	27 569 000	24 723 000	24 132 000
Depreciation	34 000	0	0	16 000
Impairment	0	0	0	0
Expenditure	38 519 000	33 843 000	32 658 000	34 183 000
Operating Profit	1 976 000	3 176 000	2 619 000	814 000
Financial Income	20 000	28 000	12 000	21 000
Financial Costs	55 000	104 000	64 000	86 000
Financial Balance	−35 000	−76 000	−52 000	−65 000
Dividends	0	0	0	0
Net Income	1 504 000	2 417 000	2 000 000	441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	211 000	222 000	137 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	0	0	0
Total Tangible Assets	103 000	0	0	0
Total Fiancial Fixed Assets	25 000	25 000	3 052 000	3 502 000
Total Fixed Assets	339 000	247 000	3 188 000	3 669 000
Stock	31 564 000	32 077 000	26 860 000	27 784 000
Total Investments	0	0	0	0
Cash, Bank	11 975 000	14 357 000	9 871 000	3 077 000
Total Current Assets	52 290 000	52 755 000	40 172 000	42 208 000
Total Assets	52 629 000	53 002 000	43 360 000	45 878 000
Total Equity	12 574 000	11 070 000	8 653 000	6 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 005 000	1 019 000	2 463 000	3 208 000
Unpaid Taxes	3 543 000	3 038 000	2 289 000	3 181 000
Dividends	0	0	0	0
Other Current Debt	35 081 000	37 107 000	29 419 000	32 836 000
Total Current Debt	40 055 000	41 932 000	34 707 000	39 224 000
Total Equity and Debt	52 629 000	53 002 000	43 360 000	45 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,96 %	21,83 %	23,11 %	6,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,88 %	8,58 %	7,42 %	2,33 %
Current Ratio	1,31	1,26	1,16	1,08
Quick Ratio	6,16	5,35	5,12	3,69
Equity Ratio	0,24	0,21	0,2	0,15
Gross Profit Margin	94,37 %	95 %	91,27 %	83,52 %