NOREON AS

6413 MOLDE

Finances

Share Ownership

Return on Equity

22,35 %

Current Ratio

3,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 139 000	885 000	711 000	3 444 000
Net Income	221 000	−182 000	−248 000	−57 000
Total Assets	1 413 000	1 020 000	1 149 000	1 696 000
Total Equity	989 000	868 000	1 050 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 139 000	885 000	711 000	3 444 000
Expenditure	2 857 000	1 116 000	1 031 000	3 517 000
Operating Profit	282 000	−232 000	−319 000	−73 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	0	3 000	0	1 000
Financial Balance	1 000	−2 000	2 000	0
Earnings Before Tax	284 000	−233 000	−318 000	−73 000
Tax	62 000	−51 000	−69 000	−16 000
Net Income	221 000	−182 000	−248 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	159 000	108 000	55 000
Total Current Assets	1 316 000	861 000	1 041 000	1 641 000
Total Assets	1 413 000	1 020 000	1 149 000	1 696 000
Total Retained Equity	889 000	768 000	950 000	1 199 000
Total Equity	989 000	868 000	1 050 000	1 299 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	423 000	152 000	99 000	397 000
Total Equity and Debt	1 413 000	1 020 000	1 149 000	1 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 064 000	717 000	877 000	3 415 000
Other Income	75 000	168 000	−166 000	29 000
Revenue	3 139 000	885 000	711 000	3 444 000
Cost of Goods Sold	878 000	416 000	226 000	662 000
Salary Costs	1 654 000	323 000	535 000	2 078 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 857 000	1 116 000	1 031 000	3 517 000
Operating Profit	282 000	−232 000	−319 000	−73 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	0	3 000	0	1 000
Financial Balance	1 000	−2 000	2 000	0
Dividends	100 000	0	0	0
Net Income	221 000	−182 000	−248 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	159 000	108 000	55 000
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	97 000	159 000	108 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	830 000	399 000	917 000	1 206 000
Total Current Assets	1 316 000	861 000	1 041 000	1 641 000
Total Assets	1 413 000	1 020 000	1 149 000	1 696 000
Total Equity	989 000	868 000	1 050 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	36 000	29 000	18 000
Unpaid Taxes	116 000	41 000	12 000	108 000
Dividends	100 000	0	0	0
Other Current Debt	199 000	75 000	58 000	272 000
Total Current Debt	423 000	152 000	99 000	397 000
Total Equity and Debt	1 413 000	1 020 000	1 149 000	1 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,35 %	−20,97 %	−23,62 %	−4,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,98 %	−26,21 %	−44,87 %	−2,12 %
Current Ratio	3,11	5,66	10,52	4,13
Quick Ratio	3,11	5,66	10,52	4,13
Equity Ratio	0,7	0,85	0,91	0,77
Gross Profit Margin	72,03 %	52,99 %	68,21 %	80,78 %