NORPAX AS

3470 SLEMMESTAD

Finances

Return on Equity

50,8 %

Current Ratio

0,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 444 000	5 294 000	3 350 000	3 886 000
Net Income	923 000	86 000	−1 448 000	−144 000
Total Assets	6 215 000	5 674 000	2 403 000	3 828 000
Total Equity	1 817 000	894 000	808 000	2 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 444 000	5 294 000	3 350 000	3 886 000
Expenditure	4 403 000	5 205 000	4 804 000	4 102 000
Operating Profit	1 040 000	89 000	−1 455 000	−216 000
Financial Income	1 000	0	12 000	18 000
Financial Costs	117 000	3 000	5 000	9 000
Financial Balance	−116 000	−3 000	7 000	9 000
Earnings Before Tax	923 000	86 000	−1 448 000	−207 000
Tax	0	0	0	−63 000
Net Income	923 000	86 000	−1 448 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 752 000	4 791 000	1 035 000	1 160 000
Total Current Assets	1 462 000	883 000	1 368 000	2 668 000
Total Assets	6 215 000	5 674 000	2 403 000	3 828 000
Total Retained Equity	1 713 000	790 000	704 000	2 152 000
Total Equity	1 817 000	894 000	808 000	2 256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 397 000	4 780 000	1 595 000	1 572 000
Total Equity and Debt	6 215 000	5 674 000	2 403 000	3 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 444 000	5 294 000	3 350 000	3 886 000
Other Income	0	0	0	0
Revenue	5 444 000	5 294 000	3 350 000	3 886 000
Cost of Goods Sold	2 131 000	3 045 000	2 328 000	2 467 000
Salary Costs	0	1 000	192 000	11 000
Depreciation	138 000	90 000	98 000	171 000
Impairment	0	0	0	0
Expenditure	4 403 000	5 205 000	4 804 000	4 102 000
Operating Profit	1 040 000	89 000	−1 455 000	−216 000
Financial Income	1 000	0	12 000	18 000
Financial Costs	117 000	3 000	5 000	9 000
Financial Balance	−116 000	−3 000	7 000	9 000
Dividends	0	0	0	0
Net Income	923 000	86 000	−1 448 000	−144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 691 000	3 691 000	0	0
Machinery and Plant Facilities	198 000	296 000	135 000	0
Fixtures	287 000	176 000	223 000	314 000
Total Tangible Assets	4 175 000	4 163 000	358 000	314 000
Total Fiancial Fixed Assets	577 000	628 000	677 000	846 000
Total Fixed Assets	4 752 000	4 791 000	1 035 000	1 160 000
Stock	125 000	235 000	235 000	165 000
Total Investments	0	0	0	0
Cash, Bank	730 000	564 000	356 000	1 954 000
Total Current Assets	1 462 000	883 000	1 368 000	2 668 000
Total Assets	6 215 000	5 674 000	2 403 000	3 828 000
Total Equity	1 817 000	894 000	808 000	2 256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	682 000	767 000	607 000	121 000
Unpaid Taxes	60 000	0	48 000	6 000
Dividends	0	0	0	0
Other Current Debt	964 000	1 133 000	939 000	1 446 000
Total Current Debt	4 397 000	4 780 000	1 595 000	1 572 000
Total Equity and Debt	6 215 000	5 674 000	2 403 000	3 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,8 %	9,62 %	−179,21 %	−6,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,1 %	1,68 %	−43,43 %	−5,56 %
Current Ratio	0,33	0,18	0,86	1,7
Quick Ratio	0,34	0,19	1,01	1,9
Equity Ratio	0,29	0,16	0,34	0,59
Gross Profit Margin	60,86 %	42,48 %	30,51 %	36,52 %