NORSTAD EIENDOM AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−0,6 %

Current Ratio

19,18

Debt-to-Equity Ratio

−3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 369 000	24 528 000	1 293 000	977 000
Net Income	74 000	395 000	−2 406 000	−3 798 000
Total Assets	25 907 000	28 857 000	27 386 000	19 050 000
Total Equity	−12 359 000	−12 433 000	−12 828 000	−10 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 369 000	24 528 000	1 293 000	977 000
Expenditure	5 060 000	22 383 000	2 522 000	4 021 000
Operating Profit	1 309 000	2 145 000	−1 229 000	−3 044 000
Financial Income	0	0	0	0
Financial Costs	1 235 000	1 749 000	1 178 000	755 000
Financial Balance	−1 235 000	−1 749 000	−1 178 000	−755 000
Earnings Before Tax	74 000	395 000	−2 406 000	−3 798 000
Tax	0	0	0	0
Net Income	74 000	395 000	−2 406 000	−3 798 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 886 000	16 495 000	16 051 000	18 015 000
Total Current Assets	7 021 000	12 362 000	11 335 000	1 036 000
Total Assets	25 907 000	28 857 000	27 386 000	19 050 000
Total Retained Equity	−12 859 000	−12 933 000	−13 328 000	−10 922 000
Total Equity	−12 359 000	−12 433 000	−12 828 000	−10 422 000
Total Long-Term Debt	37 900 000	40 418 000	38 259 000	28 557 000
Total Current Debt	366 000	872 000	1 956 000	915 000
Total Equity and Debt	25 907 000	28 857 000	27 386 000	19 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 500 000	23 066 000	48 000	63 000
Other Income	1 869 000	1 462 000	1 245 000	914 000
Revenue	6 369 000	24 528 000	1 293 000	977 000
Cost of Goods Sold	3 452 000	21 053 000	0	0
Salary Costs	0	0	0	0
Depreciation	590 000	498 000	491 000	501 000
Impairment	0	0	0	0
Expenditure	5 060 000	22 383 000	2 522 000	4 021 000
Operating Profit	1 309 000	2 145 000	−1 229 000	−3 044 000
Financial Income	0	0	0	0
Financial Costs	1 235 000	1 749 000	1 178 000	755 000
Financial Balance	−1 235 000	−1 749 000	−1 178 000	−755 000
Dividends	0	0	0	0
Net Income	74 000	395 000	−2 406 000	−3 798 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 190 000	15 703 000	16 051 000	18 015 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	696 000	792 000	0	0
Total Tangible Assets	18 886 000	16 495 000	16 051 000	18 015 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 886 000	16 495 000	16 051 000	18 015 000
Stock	6 603 000	11 851 000	10 852 000	0
Total Investments	0	0	0	0
Cash, Bank	240 000	171 000	369 000	790 000
Total Current Assets	7 021 000	12 362 000	11 335 000	1 036 000
Total Assets	25 907 000	28 857 000	27 386 000	19 050 000
Total Equity	−12 359 000	−12 433 000	−12 828 000	−10 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 900 000	40 418 000	38 259 000	28 557 000
Creditors	42 000	866 000	1 950 000	915 000
Unpaid Taxes	46 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	277 000	6 000	5 000	0
Total Current Debt	366 000	872 000	1 956 000	915 000
Total Equity and Debt	25 907 000	28 857 000	27 386 000	19 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,6 %	−3,18 %	18,76 %	36,44 %
Debt-to-Equity Ratio	−3,07	−3,25	−2,98	−2,74
Operating Profit Margin	20,55 %	8,75 %	−95,05 %	−311,57 %
Current Ratio	19,18	14,18	5,79	1,13
Quick Ratio	−1,13	−1,13	−1,27	1,13
Equity Ratio	−0,48	−0,43	−0,47	−0,55
Gross Profit Margin	45,8 %	14,17 %	100 %	100 %