NORFAB AS

2920 LEIRA I VALDRES

Finances

Return on Equity

19,03 %

Current Ratio

1,1

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 238 000	1 201 000	1 161 000	1 114 000
Net Income	330 000	345 000	339 000	309 000
Total Assets	6 260 000	6 589 000	6 707 000	6 838 000
Total Equity	1 734 000	1 674 000	1 644 000	1 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 238 000	1 201 000	1 161 000	1 114 000
Expenditure	660 000	617 000	572 000	512 000
Operating Profit	578 000	583 000	588 000	601 000
Financial Income	5 000	2 000	5 000	5 000
Financial Costs	159 000	143 000	159 000	210 000
Financial Balance	−154 000	−141 000	−154 000	−205 000
Earnings Before Tax	423 000	442 000	435 000	397 000
Tax	93 000	97 000	96 000	87 000
Net Income	330 000	345 000	339 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 801 000	6 050 000	6 307 000	6 574 000
Total Current Assets	460 000	539 000	400 000	264 000
Total Assets	6 260 000	6 589 000	6 707 000	6 838 000
Total Retained Equity	1 584 000	1 524 000	1 494 000	1 335 000
Total Equity	1 734 000	1 674 000	1 644 000	1 485 000
Total Long-Term Debt	4 108 000	4 485 000	4 766 000	5 052 000
Total Current Debt	418 000	431 000	297 000	302 000
Total Equity and Debt	6 260 000	6 589 000	6 707 000	6 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	71 000	71 000	53 000
Other Income	1 203 000	1 130 000	1 090 000	1 061 000
Revenue	1 238 000	1 201 000	1 161 000	1 114 000
Cost of Goods Sold	228 000	188 000	135 000	147 000
Salary Costs	0	0	0	0
Depreciation	249 000	249 000	249 000	248 000
Impairment	0	0	0	0
Expenditure	660 000	617 000	572 000	512 000
Operating Profit	578 000	583 000	588 000	601 000
Financial Income	5 000	2 000	5 000	5 000
Financial Costs	159 000	143 000	159 000	210 000
Financial Balance	−154 000	−141 000	−154 000	−205 000
Dividends	270 000	315 000	180 000	135 000
Net Income	330 000	345 000	339 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	25 000
Real Eastate	5 769 000	6 018 000	6 267 000	6 517 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 769 000	6 018 000	6 267 000	6 517 000
Total Fiancial Fixed Assets	32 000	32 000	32 000	32 000
Total Fixed Assets	5 801 000	6 050 000	6 307 000	6 574 000
Stock	0	0	15 000	0
Total Investments	0	0	0	0
Cash, Bank	452 000	517 000	378 000	257 000
Total Current Assets	460 000	539 000	400 000	264 000
Total Assets	6 260 000	6 589 000	6 707 000	6 838 000
Total Equity	1 734 000	1 674 000	1 644 000	1 485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 108 000	4 485 000	4 766 000	5 052 000
Creditors	29 000	1 000	1 000	72 000
Unpaid Taxes	31 000	27 000	35 000	27 000
Dividends	270 000	315 000	180 000	135 000
Other Current Debt	4 000	3 000	3 000	4 000
Total Current Debt	418 000	431 000	297 000	302 000
Total Equity and Debt	6 260 000	6 589 000	6 707 000	6 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,03 %	20,61 %	20,62 %	20,81 %
Debt-to-Equity Ratio	2,37	2,68	2,9	3,4
Operating Profit Margin	46,69 %	48,54 %	50,65 %	53,95 %
Current Ratio	1,1	1,25	1,35	0,87
Quick Ratio	1,1	1,25	1,42	0,87
Equity Ratio	0,28	0,25	0,25	0,22
Gross Profit Margin	81,58 %	84,35 %	88,37 %	86,8 %