NORRENO AS

0680 OSLO

Finances

Share Ownership

Return on Equity

7,14 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	551 000	1 324 000	797 000	367 000
Net Income	8 000	−18 000	3 000	11 000
Total Assets	144 000	118 000	166 000	136 000
Total Equity	112 000	104 000	117 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	551 000	1 324 000	797 000	367 000
Expenditure	543 000	1 342 000	794 000	353 000
Operating Profit	8 000	−18 000	3 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	8 000	−18 000	3 000	14 000
Tax	0	−1 000	1 000	3 000
Net Income	8 000	−18 000	3 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	80 000	100 000	0
Total Current Assets	84 000	38 000	66 000	136 000
Total Assets	144 000	118 000	166 000	136 000
Total Retained Equity	12 000	4 000	17 000	15 000
Total Equity	112 000	104 000	117 000	115 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	32 000	14 000	48 000	21 000
Total Equity and Debt	144 000	118 000	166 000	136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	551 000	1 324 000	812 000	352 000
Other Income	0	0	−15 000	15 000
Revenue	551 000	1 324 000	797 000	367 000
Cost of Goods Sold	422 000	1 242 000	630 000	223 000
Salary Costs	0	0	0	0
Depreciation	20 000	20 000	0	0
Impairment	0	0	0	0
Expenditure	543 000	1 342 000	794 000	353 000
Operating Profit	8 000	−18 000	3 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	8 000	−18 000	3 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	60 000	80 000	100 000	0
Total Intangible Assets	60 000	80 000	100 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	80 000	100 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	26 000	49 000	40 000
Total Current Assets	84 000	38 000	66 000	136 000
Total Assets	144 000	118 000	166 000	136 000
Total Equity	112 000	104 000	117 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	10 000	2 000	39 000	44 000
Unpaid Taxes	22 000	12 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	−26 000
Total Current Debt	32 000	14 000	48 000	21 000
Total Equity and Debt	144 000	118 000	166 000	136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,14 %	−17,31 %	2,56 %	9,57 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	1,45 %	−1,36 %	0,38 %	3,81 %
Current Ratio	2,63	2,71	1,38	6,48
Quick Ratio	2,63	2,71	1,38	6,48
Equity Ratio	0,78	0,88	0,7	0,85
Gross Profit Margin	23,41 %	6,19 %	20,95 %	39,24 %