NORBIT ITS AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

8,6 %

Current Ratio

0,69

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 791 000	115 072 000	145 149 000	186 276 000
Net Income	5 265 000	−11 948 000	−3 026 000	30 019 000
Total Assets	104 897 000	173 503 000	121 591 000	111 229 000
Total Equity	61 218 000	60 619 000	37 726 000	35 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 791 000	115 072 000	145 149 000	186 276 000
Expenditure	221 683 000	127 438 000	141 471 000	147 290 000
Operating Profit	9 110 000	−12 366 000	3 679 000	38 986 000
Financial Income	6 103 000	1 823 000	11 760 000	2 975 000
Financial Costs	8 485 000	4 765 000	19 319 000	3 475 000
Financial Balance	−2 382 000	−2 942 000	−7 559 000	−500 000
Earnings Before Tax	6 727 000	−15 308 000	−3 880 000	38 486 000
Tax	1 462 000	−3 361 000	−853 000	8 467 000
Net Income	5 265 000	−11 948 000	−3 026 000	30 019 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 260 000	89 619 000	86 545 000	81 817 000
Total Current Assets	28 637 000	83 884 000	35 046 000	29 413 000
Total Assets	104 897 000	173 503 000	121 591 000	111 229 000
Total Retained Equity	−13 791 000	−14 390 000	172 000	3 199 000
Total Equity	61 218 000	60 619 000	37 726 000	35 654 000
Total Long-Term Debt	2 307 000	4 811 000	3 938 000	5 063 000
Total Current Debt	41 372 000	108 073 000	79 928 000	70 513 000
Total Equity and Debt	104 897 000	173 503 000	121 591 000	111 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 791 000	115 072 000	145 149 000	186 276 000
Other Income	0	0	0	0
Revenue	230 791 000	115 072 000	145 149 000	186 276 000
Cost of Goods Sold	158 210 000	78 960 000	100 922 000	110 311 000
Salary Costs	10 697 000	9 217 000	4 624 000	3 444 000
Depreciation	23 677 000	18 669 000	16 286 000	13 954 000
Impairment	0	0	0	0
Expenditure	221 683 000	127 438 000	141 471 000	147 290 000
Operating Profit	9 110 000	−12 366 000	3 679 000	38 986 000
Financial Income	6 103 000	1 823 000	11 760 000	2 975 000
Financial Costs	8 485 000	4 765 000	19 319 000	3 475 000
Financial Balance	−2 382 000	−2 942 000	−7 559 000	−500 000
Dividends	0	0	0	0
Net Income	5 265 000	−11 948 000	−3 026 000	30 019 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 961 000	88 896 000	85 819 000	81 023 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	726 000	794 000
Fixtures	299 000	723 000	0	0
Total Tangible Assets	299 000	723 000	726 000	794 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 260 000	89 619 000	86 545 000	81 817 000
Stock	6 135 000	5 410 000	6 338 000	5 415 000
Total Investments	0	0	0	0
Cash, Bank	668 000	3 487 000	341 000	285 000
Total Current Assets	28 637 000	83 884 000	35 046 000	29 413 000
Total Assets	104 897 000	173 503 000	121 591 000	111 229 000
Total Equity	61 218 000	60 619 000	37 726 000	35 654 000
Short-Term Group Debt	12 796 000	77 551 000	55 129 000	49 353 000
Total Long-Term Debt	2 307 000	4 811 000	3 938 000	5 063 000
Creditors	18 108 000	24 051 000	17 416 000	18 675 000
Unpaid Taxes	3 318 000	813 000	3 317 000	438 000
Dividends	0	0	0	0
Other Current Debt	7 150 000	5 658 000	4 066 000	2 047 000
Total Current Debt	41 372 000	108 073 000	79 928 000	70 513 000
Total Equity and Debt	104 897 000	173 503 000	121 591 000	111 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,6 %	−19,71 %	−8,02 %	84,2 %
Debt-to-Equity Ratio	0,04	0,08	0,1	0,14
Operating Profit Margin	3,95 %	−10,75 %	2,53 %	20,93 %
Current Ratio	0,69	0,78	0,44	0,42
Quick Ratio	0,81	0,82	0,48	0,45
Equity Ratio	0,58	0,35	0,31	0,32
Gross Profit Margin	31,45 %	31,38 %	30,47 %	40,78 %