NORANORWAY AS

3018 DRAMMEN

Finances

Share Ownership

Return on Equity

31,68 %

Current Ratio

3,68

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 721 000	13 239 000	7 212 000	4 820 000
Net Income	1 324 000	2 894 000	134 000	138 000
Total Assets	5 888 000	5 601 000	2 510 000	2 356 000
Total Equity	4 179 000	2 855 000	−39 000	−173 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 721 000	13 239 000	7 212 000	4 820 000
Expenditure	11 926 000	9 479 000	7 008 000	4 604 000
Operating Profit	1 796 000	3 760 000	203 000	215 000
Financial Income	8 000	−2 000	8 000	6 000
Financial Costs	68 000	22 000	90 000	82 000
Financial Balance	−60 000	−24 000	−82 000	−76 000
Earnings Before Tax	1 735 000	3 737 000	121 000	138 000
Tax	411 000	843 000	−13 000	0
Net Income	1 324 000	2 894 000	134 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	72 000	605 000	547 000
Total Current Assets	5 570 000	5 530 000	1 905 000	1 809 000
Total Assets	5 888 000	5 601 000	2 510 000	2 356 000
Total Retained Equity	4 079 000	2 755 000	−139 000	−273 000
Total Equity	4 179 000	2 855 000	−39 000	−173 000
Total Long-Term Debt	196 000	734 000	914 000	1 079 000
Total Current Debt	1 513 000	2 012 000	1 635 000	1 450 000
Total Equity and Debt	5 888 000	5 601 000	2 510 000	2 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 719 000	13 183 000	7 316 000	4 820 000
Other Income	2 000	56 000	−104 000	0
Revenue	13 721 000	13 239 000	7 212 000	4 820 000
Cost of Goods Sold	4 822 000	3 967 000	4 372 000	1 028 000
Salary Costs	3 939 000	2 958 000	1 493 000	1 927 000
Depreciation	40 000	0	0	0
Impairment	0	0	0	0
Expenditure	11 926 000	9 479 000	7 008 000	4 604 000
Operating Profit	1 796 000	3 760 000	203 000	215 000
Financial Income	8 000	−2 000	8 000	6 000
Financial Costs	68 000	22 000	90 000	82 000
Financial Balance	−60 000	−24 000	−82 000	−76 000
Dividends	0	0	0	0
Net Income	1 324 000	2 894 000	134 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	26 000	560 000	547 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	299 000	0	0	0
Total Tangible Assets	299 000	0	0	0
Total Fiancial Fixed Assets	0	46 000	46 000	0
Total Fixed Assets	318 000	72 000	605 000	547 000
Stock	1 048 000	756 000	1 133 000	1 445 000
Total Investments	0	0	0	0
Cash, Bank	2 897 000	3 062 000	87 000	4 000
Total Current Assets	5 570 000	5 530 000	1 905 000	1 809 000
Total Assets	5 888 000	5 601 000	2 510 000	2 356 000
Total Equity	4 179 000	2 855 000	−39 000	−173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	196 000	734 000	914 000	1 079 000
Creditors	81 000	70 000	37 000	83 000
Unpaid Taxes	640 000	1 230 000	581 000	191 000
Dividends	0	0	0	0
Other Current Debt	388 000	404 000	444 000	505 000
Total Current Debt	1 513 000	2 012 000	1 635 000	1 450 000
Total Equity and Debt	5 888 000	5 601 000	2 510 000	2 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,68 %	101,37 %	−343,59 %	−79,77 %
Debt-to-Equity Ratio	0,05	0,26	−23,44	−6,24
Operating Profit Margin	13,09 %	28,4 %	2,81 %	4,46 %
Current Ratio	3,68	2,75	1,17	1,25
Quick Ratio	11,98	4,4	3,79	361,8
Equity Ratio	0,71	0,51	−0,02	−0,07
Gross Profit Margin	64,86 %	70,04 %	39,38 %	78,67 %