NORBIT ODM AS

7041 TRONDHEIM

Finances

Return on Equity

39,5 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 311 000	73 114 000	47 559 000	56 800 000
Net Income	5 190 000	−754 000	−4 622 000	1 806 000
Total Assets	63 169 000	48 820 000	48 419 000	42 408 000
Total Equity	13 140 000	13 829 000	14 222 000	15 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 311 000	73 114 000	47 559 000	56 800 000
Expenditure	88 016 000	73 679 000	53 229 000	54 026 000
Operating Profit	7 294 000	−565 000	−5 671 000	2 774 000
Financial Income	253 000	139 000	593 000	113 000
Financial Costs	907 000	555 000	854 000	569 000
Financial Balance	−654 000	−416 000	−261 000	−456 000
Earnings Before Tax	6 640 000	−981 000	−5 933 000	2 318 000
Tax	1 449 000	−227 000	−1 310 000	512 000
Net Income	5 190 000	−754 000	−4 622 000	1 806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 386 000	23 150 000	22 962 000	15 978 000
Total Current Assets	37 782 000	25 670 000	25 457 000	26 430 000
Total Assets	63 169 000	48 820 000	48 419 000	42 408 000
Total Retained Equity	−5 314 000	−4 625 000	−3 872 000	750 000
Total Equity	13 140 000	13 829 000	14 222 000	15 285 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 028 000	34 991 000	34 197 000	27 123 000
Total Equity and Debt	63 169 000	48 820 000	48 419 000	42 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 311 000	73 114 000	47 559 000	56 800 000
Other Income	0	0	0	0
Revenue	95 311 000	73 114 000	47 559 000	56 800 000
Cost of Goods Sold	49 676 000	30 445 000	17 108 000	20 277 000
Salary Costs	23 691 000	22 239 000	21 665 000	22 984 000
Depreciation	3 108 000	5 928 000	4 432 000	3 795 000
Impairment	0	0	0	0
Expenditure	88 016 000	73 679 000	53 229 000	54 026 000
Operating Profit	7 294 000	−565 000	−5 671 000	2 774 000
Financial Income	253 000	139 000	593 000	113 000
Financial Costs	907 000	555 000	854 000	569 000
Financial Balance	−654 000	−416 000	−261 000	−456 000
Dividends	0	0	0	0
Net Income	5 190 000	−754 000	−4 622 000	1 806 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 301 000	16 458 000	16 089 000	14 221 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 313 000	0
Fixtures	5 985 000	6 591 000	5 461 000	1 657 000
Total Tangible Assets	5 985 000	6 591 000	6 773 000	1 657 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	25 386 000	23 150 000	22 962 000	15 978 000
Stock	13 252 000	10 286 000	8 118 000	7 385 000
Total Investments	0	0	0	0
Cash, Bank	1 006 000	909 000	1 018 000	993 000
Total Current Assets	37 782 000	25 670 000	25 457 000	26 430 000
Total Assets	63 169 000	48 820 000	48 419 000	42 408 000
Total Equity	13 140 000	13 829 000	14 222 000	15 285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 364 000	3 166 000	4 248 000	2 531 000
Unpaid Taxes	4 252 000	3 366 000	1 884 000	2 011 000
Dividends	0	0	0	0
Other Current Debt	38 412 000	28 459 000	28 064 000	22 581 000
Total Current Debt	50 028 000	34 991 000	34 197 000	27 123 000
Total Equity and Debt	63 169 000	48 820 000	48 419 000	42 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,5 %	−5,45 %	−32,5 %	11,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,65 %	−0,77 %	−11,92 %	4,88 %
Current Ratio	0,76	0,73	0,74	0,97
Quick Ratio	1,03	1,04	0,98	1,34
Equity Ratio	0,21	0,28	0,29	0,36
Gross Profit Margin	47,88 %	58,36 %	64,03 %	64,3 %