NORUMEN AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

28,38 %

Current Ratio

11,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	640 000	992 000	476 000	339 000
Net Income	126 000	48 000	−7 000	−77 000
Total Assets	483 000	404 000	297 000	283 000
Total Equity	444 000	318 000	269 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	640 000	992 000	476 000	339 000
Expenditure	493 000	948 000	485 000	419 000
Operating Profit	147 000	44 000	−9 000	−80 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	2 000	3 000
Earnings Before Tax	151 000	48 000	−7 000	−77 000
Tax	24 000	−1 000	0	0
Net Income	126 000	48 000	−7 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	93 000	141 000	147 000
Total Current Assets	461 000	311 000	156 000	136 000
Total Assets	483 000	404 000	297 000	283 000
Total Retained Equity	344 000	218 000	169 000	176 000
Total Equity	444 000	318 000	269 000	276 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 000	87 000	28 000	7 000
Total Equity and Debt	483 000	404 000	297 000	283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	623 000	992 000	474 000	339 000
Other Income	18 000	0	2 000	0
Revenue	640 000	992 000	476 000	339 000
Cost of Goods Sold	243 000	536 000	270 000	233 000
Salary Costs	1 000	174 000	4 000	3 000
Depreciation	10 000	48 000	57 000	50 000
Impairment	0	0	0	0
Expenditure	493 000	948 000	485 000	419 000
Operating Profit	147 000	44 000	−9 000	−80 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	2 000	3 000
Dividends	0	0	0	0
Net Income	126 000	48 000	−7 000	−77 000

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	21 000	93 000	141 000	147 000
Total Tangible Assets	21 000	93 000	141 000	147 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	93 000	141 000	147 000
Stock	185 000	0	9 000	0
Total Investments	0	0	0	0
Cash, Bank	230 000	311 000	143 000	97 000
Total Current Assets	461 000	311 000	156 000	136 000
Total Assets	483 000	404 000	297 000	283 000
Total Equity	444 000	318 000	269 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	14 000	87 000	28 000	7 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	87 000	28 000	7 000
Total Equity and Debt	483 000	404 000	297 000	283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,38 %	15,09 %	−2,6 %	−27,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,97 %	4,44 %	−1,89 %	−23,6 %
Current Ratio	11,82	3,57	5,57	19,43
Quick Ratio	−3,16	3,57	8,21	19,43
Equity Ratio	0,92	0,79	0,91	0,98
Gross Profit Margin	62,03 %	45,97 %	43,28 %	31,27 %