NORPAL AS

1900 FETSUND

Finances

Return on Equity

17,58 %

Current Ratio

7,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 303 000	1 976 000	2 110 000	2 245 000
Net Income	615 000	368 000	508 000	561 000
Total Assets	4 004 000	3 378 000	3 009 000	2 507 000
Total Equity	3 498 000	2 882 000	2 515 000	2 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 303 000	1 976 000	2 110 000	2 245 000
Expenditure	1 528 000	1 510 000	1 459 000	1 523 000
Operating Profit	775 000	467 000	651 000	722 000
Financial Income	14 000	6 000	1 000	1 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	14 000	5 000	0	−2 000
Earnings Before Tax	788 000	472 000	651 000	720 000
Tax	173 000	104 000	143 000	159 000
Net Income	615 000	368 000	508 000	561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	226 000	227 000	236 000
Total Current Assets	3 778 000	3 152 000	2 782 000	2 271 000
Total Assets	4 004 000	3 378 000	3 009 000	2 507 000
Total Retained Equity	3 398 000	2 782 000	2 415 000	1 907 000
Total Equity	3 498 000	2 882 000	2 515 000	2 007 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	506 000	495 000	494 000	498 000
Total Equity and Debt	4 004 000	3 378 000	3 009 000	2 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 303 000	1 976 000	2 110 000	2 245 000
Other Income	0	0	0	0
Revenue	2 303 000	1 976 000	2 110 000	2 245 000
Cost of Goods Sold	3 000	1 000	0	25 000
Salary Costs	1 374 000	1 363 000	1 310 000	1 349 000
Depreciation	0	0	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 528 000	1 510 000	1 459 000	1 523 000
Operating Profit	775 000	467 000	651 000	722 000
Financial Income	14 000	6 000	1 000	1 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	14 000	5 000	0	−2 000
Dividends	0	0	0	0
Net Income	615 000	368 000	508 000	561 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	9 000
Total Tangible Assets	0	0	0	9 000
Total Fiancial Fixed Assets	226 000	226 000	227 000	227 000
Total Fixed Assets	226 000	226 000	227 000	236 000
Stock	0	0	0	0
Total Investments	2 120 000	1 741 000	1 256 000	0
Cash, Bank	1 374 000	1 199 000	1 324 000	2 022 000
Total Current Assets	3 778 000	3 152 000	2 782 000	2 271 000
Total Assets	4 004 000	3 378 000	3 009 000	2 507 000
Total Equity	3 498 000	2 882 000	2 515 000	2 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	22 000	14 000	3 000	32 000
Unpaid Taxes	161 000	222 000	225 000	181 000
Dividends	0	0	0	0
Other Current Debt	150 000	154 000	121 000	128 000
Total Current Debt	506 000	495 000	494 000	498 000
Total Equity and Debt	4 004 000	3 378 000	3 009 000	2 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,58 %	12,77 %	20,2 %	27,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,65 %	23,63 %	30,85 %	32,16 %
Current Ratio	7,47	6,37	5,63	4,56
Quick Ratio	7,47	6,37	5,63	4,56
Equity Ratio	0,87	0,85	0,84	0,8
Gross Profit Margin	99,87 %	99,95 %	100 %	98,89 %