NORSECRAFT GEO AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

41,57 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 147 000	38 215 000	45 322 000	104 433 000
Net Income	2 209 000	826 000	1 846 000	6 780 000
Total Assets	19 754 000	17 175 000	19 785 000	40 854 000
Total Equity	5 314 000	3 244 000	3 251 000	6 513 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 147 000	38 215 000	45 322 000	104 433 000
Expenditure	41 927 000	37 397 000	42 294 000	95 164 000
Operating Profit	3 220 000	818 000	3 029 000	9 270 000
Financial Income	272 000	548 000	506 000	410 000
Financial Costs	644 000	293 000	1 164 000	963 000
Financial Balance	−372 000	255 000	−658 000	−553 000
Earnings Before Tax	2 848 000	1 074 000	2 371 000	8 717 000
Tax	639 000	247 000	525 000	1 937 000
Net Income	2 209 000	826 000	1 846 000	6 780 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	989 000	447 000	321 000	2 520 000
Total Current Assets	18 765 000	16 728 000	19 464 000	38 334 000
Total Assets	19 754 000	17 175 000	19 785 000	40 854 000
Total Retained Equity	2 364 000	294 000	301 000	6 282 000
Total Equity	5 314 000	3 244 000	3 251 000	6 513 000
Total Long-Term Debt	1 000 000	1 000 000	0	10 410 000
Total Current Debt	13 440 000	12 930 000	16 534 000	23 931 000
Total Equity and Debt	19 754 000	17 175 000	19 785 000	40 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 031 000	38 168 000	44 873 000	104 263 000
Other Income	115 000	47 000	449 000	170 000
Revenue	45 147 000	38 215 000	45 322 000	104 433 000
Cost of Goods Sold	17 917 000	15 577 000	21 504 000	50 956 000
Salary Costs	17 321 000	16 486 000	15 524 000	31 521 000
Depreciation	282 000	102 000	200 000	1 337 000
Impairment	0	0	0	0
Expenditure	41 927 000	37 397 000	42 294 000	95 164 000
Operating Profit	3 220 000	818 000	3 029 000	9 270 000
Financial Income	272 000	548 000	506 000	410 000
Financial Costs	644 000	293 000	1 164 000	963 000
Financial Balance	−372 000	255 000	−658 000	−553 000
Dividends	0	0	8 758 000	0
Net Income	2 209 000	826 000	1 846 000	6 780 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	203 000	151 000	164 000	204 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	786 000	221 000	157 000	2 316 000
Total Tangible Assets	786 000	221 000	157 000	2 316 000
Total Fiancial Fixed Assets	0	75 000	0	0
Total Fixed Assets	989 000	447 000	321 000	2 520 000
Stock	10 945 000	5 412 000	3 198 000	7 904 000
Total Investments	0	0	0	0
Cash, Bank	2 327 000	2 981 000	10 197 000	17 110 000
Total Current Assets	18 765 000	16 728 000	19 464 000	38 334 000
Total Assets	19 754 000	17 175 000	19 785 000	40 854 000
Total Equity	5 314 000	3 244 000	3 251 000	6 513 000
Short-Term Group Debt	250 000	2 595 000	5 000 000	734 000
Total Long-Term Debt	1 000 000	1 000 000	0	10 410 000
Creditors	7 223 000	4 133 000	5 468 000	10 018 000
Unpaid Taxes	2 772 000	3 232 000	2 874 000	6 131 000
Dividends	0	0	8 758 000	0
Other Current Debt	2 543 000	2 970 000	2 917 000	4 327 000
Total Current Debt	13 440 000	12 930 000	16 534 000	23 931 000
Total Equity and Debt	19 754 000	17 175 000	19 785 000	40 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,57 %	25,46 %	56,78 %	104,1 %
Debt-to-Equity Ratio	0,19	0,31	0	1,6
Operating Profit Margin	7,13 %	2,14 %	6,68 %	8,88 %
Current Ratio	1,4	1,29	1,18	1,6
Quick Ratio	7,52	2,23	1,46	2,39
Equity Ratio	0,27	0,19	0,16	0,16
Gross Profit Margin	60,31 %	59,24 %	52,55 %	51,21 %