NORESUND FJELLSPRENGING AS

3535 KRØDEREN

Finances

Share Ownership

Return on Equity

−47,28 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 961 000	8 163 000	11 570 000	4 839 000
Net Income	−764 000	−366 000	290 000	157 000
Total Assets	3 255 000	3 194 000	4 210 000	5 130 000
Total Equity	1 616 000	2 381 000	2 747 000	2 456 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 961 000	8 163 000	11 570 000	4 839 000
Expenditure	11 715 000	8 589 000	10 991 000	4 618 000
Operating Profit	−755 000	−426 000	579 000	222 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	11 000	0	209 000	23 000
Financial Balance	−10 000	1 000	−207 000	−21 000
Earnings Before Tax	−764 000	−424 000	372 000	201 000
Tax	0	−58 000	82 000	44 000
Net Income	−764 000	−366 000	290 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 626 000	1 445 000	838 000	978 000
Total Current Assets	1 629 000	1 750 000	3 372 000	4 152 000
Total Assets	3 255 000	3 194 000	4 210 000	5 130 000
Total Retained Equity	1 516 000	2 281 000	2 647 000	2 356 000
Total Equity	1 616 000	2 381 000	2 747 000	2 456 000
Total Long-Term Debt	494 000	0	58 000	1 831 000
Total Current Debt	1 145 000	814 000	1 405 000	842 000
Total Equity and Debt	3 255 000	3 194 000	4 210 000	5 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 939 000	8 130 000	11 570 000	4 820 000
Other Income	22 000	33 000	0	19 000
Revenue	10 961 000	8 163 000	11 570 000	4 839 000
Cost of Goods Sold	3 491 000	1 655 000	5 748 000	12 000
Salary Costs	3 345 000	3 268 000	2 148 000	1 836 000
Depreciation	565 000	387 000	290 000	288 000
Impairment	0	0	0	0
Expenditure	11 715 000	8 589 000	10 991 000	4 618 000
Operating Profit	−755 000	−426 000	579 000	222 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	11 000	0	209 000	23 000
Financial Balance	−10 000	1 000	−207 000	−21 000
Dividends	0	0	0	0
Net Income	−764 000	−366 000	290 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	834 000	1 022 000	463 000	436 000
Fixtures	757 000	367 000	376 000	542 000
Total Tangible Assets	1 591 000	1 390 000	838 000	978 000
Total Fiancial Fixed Assets	35 000	55 000	0	0
Total Fixed Assets	1 626 000	1 445 000	838 000	978 000
Stock	0	0	0	3 635 000
Total Investments	0	0	0	0
Cash, Bank	523 000	475 000	2 180 000	352 000
Total Current Assets	1 629 000	1 750 000	3 372 000	4 152 000
Total Assets	3 255 000	3 194 000	4 210 000	5 130 000
Total Equity	1 616 000	2 381 000	2 747 000	2 456 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	494 000	0	58 000	1 831 000
Creditors	592 000	309 000	651 000	301 000
Unpaid Taxes	226 000	239 000	434 000	267 000
Dividends	0	0	0	0
Other Current Debt	327 000	265 000	189 000	194 000
Total Current Debt	1 145 000	814 000	1 405 000	842 000
Total Equity and Debt	3 255 000	3 194 000	4 210 000	5 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,28 %	−15,37 %	10,56 %	6,39 %
Debt-to-Equity Ratio	0,31	0	0,02	0,75
Operating Profit Margin	−6,89 %	−5,22 %	5 %	4,59 %
Current Ratio	1,42	2,15	2,4	4,93
Quick Ratio	1,42	2,15	2,4	−1,49
Equity Ratio	0,5	0,75	0,65	0,48
Gross Profit Margin	68,15 %	79,73 %	50,32 %	99,75 %