NORM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

16,57 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 060 000	3 998 000	2 693 000	2 133 000
Net Income	256 000	87 000	152 000	112 000
Total Assets	2 812 000	1 890 000	801 000	653 000
Total Equity	1 545 000	388 000	301 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 060 000	3 998 000	2 693 000	2 133 000
Expenditure	6 731 000	3 879 000	2 407 000	1 916 000
Operating Profit	329 000	119 000	287 000	216 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	110 000	105 000
Financial Balance	0	−8 000	−110 000	−105 000
Earnings Before Tax	329 000	111 000	176 000	112 000
Tax	72 000	25 000	24 000	0
Net Income	256 000	87 000	152 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	124 000	140 000	8 000
Total Current Assets	2 407 000	1 767 000	662 000	645 000
Total Assets	2 812 000	1 890 000	801 000	653 000
Total Retained Equity	455 000	198 000	111 000	−41 000
Total Equity	1 545 000	388 000	301 000	149 000
Total Long-Term Debt	4 000	1 000	0	0
Total Current Debt	1 264 000	1 500 000	500 000	504 000
Total Equity and Debt	2 812 000	1 890 000	801 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 202 000	3 792 000	2 672 000	2 238 000
Other Income	−142 000	206 000	21 000	−105 000
Revenue	7 060 000	3 998 000	2 693 000	2 133 000
Cost of Goods Sold	461 000	56 000	21 000	22 000
Salary Costs	4 773 000	2 373 000	1 595 000	1 333 000
Depreciation	56 000	31 000	4 000	0
Impairment	0	0	0	0
Expenditure	6 731 000	3 879 000	2 407 000	1 916 000
Operating Profit	329 000	119 000	287 000	216 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	110 000	105 000
Financial Balance	0	−8 000	−110 000	−105 000
Dividends	0	0	0	0
Net Income	256 000	87 000	152 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	62 000	77 000	0
Total Tangible Assets	221 000	62 000	77 000	0
Total Fiancial Fixed Assets	184 000	61 000	58 000	8 000
Total Fixed Assets	405 000	124 000	140 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 330 000	900 000	422 000	447 000
Total Current Assets	2 407 000	1 767 000	662 000	645 000
Total Assets	2 812 000	1 890 000	801 000	653 000
Total Equity	1 545 000	388 000	301 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	1 000	0	0
Creditors	249 000	128 000	68 000	7 000
Unpaid Taxes	513 000	457 000	144 000	229 000
Dividends	0	0	0	0
Other Current Debt	432 000	898 000	259 000	267 000
Total Current Debt	1 264 000	1 500 000	500 000	504 000
Total Equity and Debt	2 812 000	1 890 000	801 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,57 %	22,42 %	50,5 %	75,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,66 %	2,98 %	10,66 %	10,13 %
Current Ratio	1,9	1,18	1,32	1,28
Quick Ratio	1,9	1,18	1,32	1,28
Equity Ratio	0,55	0,21	0,38	0,23
Gross Profit Margin	93,47 %	98,6 %	99,22 %	98,97 %