3 NORSKE AS

1396 BILLINGSTAD

Finances

Return on Equity

451,44 %

Current Ratio

0,5

Debt-to-Equity Ratio

−34,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 167 048 000	857 287 000	728 265 000	969 295 000
Net Income	−72 758 000	−74 308 000	−86 763 000	−25 112 000
Total Assets	1 161 959 000	962 144 000	802 700 000	829 534 000
Total Equity	−16 117 000	54 941 000	137 271 000	218 967 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 167 048 000	857 287 000	728 265 000	969 295 000
Expenditure	1 219 958 000	914 910 000	819 591 000	974 854 000
Operating Profit	−52 910 000	−57 623 000	−91 326 000	−5 559 000
Financial Income	42 442 000	14 859 000	12 321 000	16 558 000
Financial Costs	69 192 000	39 380 000	28 520 000	35 909 000
Financial Balance	−26 750 000	−24 521 000	−16 199 000	−19 351 000
Earnings Before Tax	−79 660 000	−82 144 000	−107 526 000	−24 909 000
Tax	−6 902 000	−7 836 000	−20 763 000	203 000
Net Income	−72 758 000	−74 308 000	−86 763 000	−25 112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 677 000	621 703 000	468 663 000	502 183 000
Total Current Assets	305 282 000	340 441 000	334 037 000	327 351 000
Total Assets	1 161 959 000	962 144 000	802 700 000	829 534 000
Total Retained Equity	−17 217 000	53 841 000	136 171 000	217 867 000
Total Equity	−16 117 000	54 941 000	137 271 000	218 967 000
Total Long-Term Debt	562 840 000	371 391 000	272 818 000	152 398 000
Total Current Debt	615 237 000	535 812 000	392 611 000	458 169 000
Total Equity and Debt	1 161 960 000	962 144 000	802 700 000	829 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 167 048 000	850 534 000	713 502 000	969 295 000
Other Income	0	6 753 000	14 763 000	0
Revenue	1 167 048 000	857 287 000	728 265 000	969 295 000
Cost of Goods Sold	362 826 000	271 939 000	260 653 000	297 835 000
Salary Costs	421 561 000	316 152 000	273 298 000	341 499 000
Depreciation	84 219 000	59 625 000	66 286 000	75 071 000
Impairment	20 054 000	7 457 000	2 150 000	286 000
Expenditure	1 219 958 000	914 910 000	819 591 000	974 854 000
Operating Profit	−52 910 000	−57 623 000	−91 326 000	−5 559 000
Financial Income	42 442 000	14 859 000	12 321 000	16 558 000
Financial Costs	69 192 000	39 380 000	28 520 000	35 909 000
Financial Balance	−26 750 000	−24 521 000	−16 199 000	−19 351 000
Dividends	0	0	0	0
Net Income	−72 758 000	−74 308 000	−86 763 000	−25 112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	9 740 000	0	0	0
Total Intangible Assets	25 246 000	9 238 000	4 569 000	2 144 000
Real Eastate	261 742 000	121 609 000	61 050 000	43 821 000
Machinery and Plant Facilities	49 574 000	54 752 000	23 378 000	43 905 000
Fixtures	56 199 000	49 902 000	56 698 000	41 319 000
Total Tangible Assets	829 005 000	610 739 000	462 561 000	498 902 000
Total Fiancial Fixed Assets	2 426 000	1 726 000	1 534 000	1 136 000
Total Fixed Assets	856 677 000	621 703 000	468 663 000	502 183 000
Stock	191 256 000	185 977 000	130 664 000	146 038 000
Total Investments	0	0	3 263 000	0
Cash, Bank	54 638 000	76 484 000	144 197 000	126 002 000
Total Current Assets	305 282 000	340 441 000	334 037 000	327 351 000
Total Assets	1 161 959 000	962 144 000	802 700 000	829 534 000
Total Equity	−16 117 000	54 941 000	137 271 000	218 967 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	562 840 000	371 391 000	272 818 000	152 398 000
Creditors	144 860 000	138 962 000	104 326 000	98 437 000
Unpaid Taxes	55 015 000	55 777 000	52 760 000	52 558 000
Dividends	0	0	0	0
Other Current Debt	326 850 000	341 073 000	225 526 000	297 174 000
Total Current Debt	615 237 000	535 812 000	392 611 000	458 169 000
Total Equity and Debt	1 161 960 000	962 144 000	802 700 000	829 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	451,44 %	−135,25 %	−63,21 %	−11,47 %
Debt-to-Equity Ratio	−34,92	6,76	1,99	0,7
Operating Profit Margin	−4,53 %	−6,72 %	−12,54 %	−0,57 %
Current Ratio	0,5	0,64	0,85	0,71
Quick Ratio	0,72	0,97	1,28	1,05
Equity Ratio	−0,01	0,06	0,17	0,26
Gross Profit Margin	68,91 %	68,28 %	64,21 %	69,27 %