NORSK FORMBLÅSING AS

3676 NOTODDEN

Finances

Share Ownership

Return on Equity

31,76 %

Current Ratio

2,87

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 702 000	26 406 000	22 707 000	17 192 000
Net Income	2 341 000	1 985 000	1 563 000	25 000
Total Assets	16 478 000	17 269 000	16 345 000	15 410 000
Total Equity	7 370 000	5 029 000	5 029 000	5 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 702 000	26 406 000	22 707 000	17 192 000
Expenditure	24 500 000	23 680 000	20 438 000	16 055 000
Operating Profit	3 203 000	2 726 000	2 269 000	232 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	202 000	182 000	268 000	200 000
Financial Balance	−201 000	−181 000	−265 000	−200 000
Earnings Before Tax	3 001 000	2 545 000	2 004 000	32 000
Tax	660 000	560 000	441 000	7 000
Net Income	2 341 000	1 985 000	1 563 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 093 000	6 547 000	6 889 000	6 585 000
Total Current Assets	10 386 000	10 722 000	9 456 000	8 824 000
Total Assets	16 478 000	17 269 000	16 345 000	15 410 000
Total Retained Equity	2 370 000	29 000	29 000	29 000
Total Equity	7 370 000	5 029 000	5 029 000	5 029 000
Total Long-Term Debt	5 490 000	6 312 000	7 145 000	7 600 000
Total Current Debt	3 619 000	5 928 000	4 171 000	2 781 000
Total Equity and Debt	16 478 000	17 269 000	16 345 000	15 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 702 000	26 406 000	22 707 000	17 142 000
Other Income	0	0	0	50 000
Revenue	27 702 000	26 406 000	22 707 000	17 192 000
Cost of Goods Sold	13 132 000	11 909 000	10 036 000	7 432 000
Salary Costs	6 620 000	6 671 000	5 871 000	4 988 000
Depreciation	952 000	888 000	695 000	569 000
Impairment	0	0	0	0
Expenditure	24 500 000	23 680 000	20 438 000	16 055 000
Operating Profit	3 203 000	2 726 000	2 269 000	232 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	202 000	182 000	268 000	200 000
Financial Balance	−201 000	−181 000	−265 000	−200 000
Dividends	0	1 985 000	1 563 000	0
Net Income	2 341 000	1 985 000	1 563 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	12 000
Machinery and Plant Facilities	5 855 000	6 263 000	6 739 000	3 039 000
Fixtures	238 000	284 000	150 000	178 000
Total Tangible Assets	6 093 000	6 547 000	6 889 000	3 229 000
Total Fiancial Fixed Assets	0	0	0	3 356 000
Total Fixed Assets	6 093 000	6 547 000	6 889 000	6 585 000
Stock	5 963 000	5 345 000	4 813 000	4 997 000
Total Investments	0	0	0	0
Cash, Bank	207 000	1 397 000	1 828 000	1 629 000
Total Current Assets	10 386 000	10 722 000	9 456 000	8 824 000
Total Assets	16 478 000	17 269 000	16 345 000	15 410 000
Total Equity	7 370 000	5 029 000	5 029 000	5 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 490 000	6 312 000	7 145 000	7 600 000
Creditors	1 299 000	1 780 000	931 000	1 602 000
Unpaid Taxes	1 091 000	1 044 000	973 000	688 000
Dividends	0	1 985 000	1 563 000	0
Other Current Debt	643 000	623 000	705 000	491 000
Total Current Debt	3 619 000	5 928 000	4 171 000	2 781 000
Total Equity and Debt	16 478 000	17 269 000	16 345 000	15 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,76 %	39,47 %	31,08 %	0,5 %
Debt-to-Equity Ratio	0,74	1,26	1,42	1,51
Operating Profit Margin	11,56 %	10,32 %	9,99 %	1,35 %
Current Ratio	2,87	1,81	2,27	3,17
Quick Ratio	−4,43	18,39	−14,73	−3,98
Equity Ratio	0,45	0,29	0,31	0,33
Gross Profit Margin	52,6 %	54,9 %	55,8 %	56,77 %