NORBAG NORGE AS

1850 MYSEN

Finances

Return on Equity

0,72 %

Current Ratio

29,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 396 000	3 550 000	3 823 000	3 054 000
Net Income	94 000	2 553 000	1 135 000	945 000
Total Assets	13 454 000	15 495 000	13 165 000	12 039 000
Total Equity	13 002 000	12 925 000	12 372 000	11 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 396 000	3 550 000	3 823 000	3 054 000
Expenditure	3 665 000	2 859 000	3 027 000	2 635 000
Operating Profit	732 000	691 000	796 000	419 000
Financial Income	167 000	2 447 000	676 000	628 000
Financial Costs	638 000	370 000	86 000	0
Financial Balance	−471 000	2 077 000	590 000	628 000
Earnings Before Tax	261 000	2 768 000	1 385 000	1 047 000
Tax	167 000	215 000	250 000	102 000
Net Income	94 000	2 553 000	1 135 000	945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	808 000	549 000	68 000	138 000
Total Current Assets	12 646 000	14 946 000	13 097 000	11 901 000
Total Assets	13 454 000	15 495 000	13 165 000	12 039 000
Total Retained Equity	12 902 000	12 825 000	12 272 000	11 137 000
Total Equity	13 002 000	12 925 000	12 372 000	11 237 000
Total Long-Term Debt	17 000	25 000	0	0
Total Current Debt	434 000	2 546 000	793 000	803 000
Total Equity and Debt	13 454 000	15 495 000	13 165 000	12 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 396 000	3 382 000	3 823 000	3 054 000
Other Income	0	168 000	0	0
Revenue	4 396 000	3 550 000	3 823 000	3 054 000
Cost of Goods Sold	2 992 000	2 320 000	2 554 000	2 148 000
Salary Costs	0	0	0	0
Depreciation	92 000	80 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	3 665 000	2 859 000	3 027 000	2 635 000
Operating Profit	732 000	691 000	796 000	419 000
Financial Income	167 000	2 447 000	676 000	628 000
Financial Costs	638 000	370 000	86 000	0
Financial Balance	−471 000	2 077 000	590 000	628 000
Dividends	0	0	0	0
Net Income	94 000	2 553 000	1 135 000	945 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	26 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	733 000	549 000	42 000	115 000
Total Tangible Assets	733 000	549 000	42 000	115 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	808 000	549 000	68 000	138 000
Stock	1 096 000	1 049 000	604 000	782 000
Total Investments	10 265 000	12 053 000	8 345 000	7 286 000
Cash, Bank	626 000	1 232 000	3 319 000	3 540 000
Total Current Assets	12 646 000	14 946 000	13 097 000	11 901 000
Total Assets	13 454 000	15 495 000	13 165 000	12 039 000
Total Equity	13 002 000	12 925 000	12 372 000	11 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	25 000	0	0
Creditors	0	201 000	334 000	701 000
Unpaid Taxes	242 000	179 000	205 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	2 001 000	1 000	1 000
Total Current Debt	434 000	2 546 000	793 000	803 000
Total Equity and Debt	13 454 000	15 495 000	13 165 000	12 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,72 %	19,75 %	9,17 %	8,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,65 %	19,46 %	20,82 %	13,72 %
Current Ratio	29,14	5,87	16,52	14,82
Quick Ratio	−19,1	9,98	69,3	566,71
Equity Ratio	0,97	0,83	0,94	0,93
Gross Profit Margin	31,94 %	34,65 %	33,19 %	29,67 %