NOREMAX AS

0153 OSLO

Finances

Share Ownership

Return on Equity

40,49 %

Current Ratio

0,4

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 410 000	31 534 000	16 774 000	7 760 000
Net Income	943 000	−261 000	770 000	1 138 000
Total Assets	9 109 000	9 059 000	6 862 000	2 709 000
Total Equity	2 329 000	1 385 000	1 647 000	1 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 410 000	31 534 000	16 774 000	7 760 000
Expenditure	33 734 000	31 476 000	15 585 000	6 346 000
Operating Profit	1 676 000	59 000	1 189 000	1 415 000
Financial Income	254 000	24 000	0	9 000
Financial Costs	654 000	477 000	132 000	20 000
Financial Balance	−400 000	−453 000	−132 000	−11 000
Earnings Before Tax	1 276 000	−395 000	1 057 000	1 404 000
Tax	332 000	−133 000	287 000	265 000
Net Income	943 000	−261 000	770 000	1 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 303 000	6 673 000	4 665 000	2 247 000
Total Current Assets	1 806 000	2 387 000	2 198 000	462 000
Total Assets	9 109 000	9 059 000	6 862 000	2 709 000
Total Retained Equity	2 229 000	1 285 000	1 547 000	1 077 000
Total Equity	2 329 000	1 385 000	1 647 000	1 177 000
Total Long-Term Debt	2 246 000	2 402 000	1 155 000	0
Total Current Debt	4 534 000	5 272 000	4 061 000	1 532 000
Total Equity and Debt	9 109 000	9 059 000	6 862 000	2 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 410 000	31 534 000	16 774 000	7 760 000
Other Income	0	0	0	0
Revenue	35 410 000	31 534 000	16 774 000	7 760 000
Cost of Goods Sold	19 760 000	18 720 000	7 593 000	3 805 000
Salary Costs	3 879 000	2 984 000	2 322 000	964 000
Depreciation	157 000	94 000	224 000	97 000
Impairment	0	0	0	0
Expenditure	33 734 000	31 476 000	15 585 000	6 346 000
Operating Profit	1 676 000	59 000	1 189 000	1 415 000
Financial Income	254 000	24 000	0	9 000
Financial Costs	654 000	477 000	132 000	20 000
Financial Balance	−400 000	−453 000	−132 000	−11 000
Dividends	0	0	300 000	0
Net Income	943 000	−261 000	770 000	1 138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	112 000	25 000	0
Real Eastate	3 748 000	3 748 000	1 697 000	0
Machinery and Plant Facilities	0	0	34 000	24 000
Fixtures	640 000	374 000	172 000	262 000
Total Tangible Assets	4 389 000	4 122 000	1 978 000	386 000
Total Fiancial Fixed Assets	2 903 000	2 439 000	2 661 000	1 861 000
Total Fixed Assets	7 303 000	6 673 000	4 665 000	2 247 000
Stock	0	0	0	6 000
Total Investments	0	0	0	0
Cash, Bank	189 000	109 000	594 000	191 000
Total Current Assets	1 806 000	2 387 000	2 198 000	462 000
Total Assets	9 109 000	9 059 000	6 862 000	2 709 000
Total Equity	2 329 000	1 385 000	1 647 000	1 177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 246 000	2 402 000	1 155 000	0
Creditors	2 007 000	1 226 000	1 212 000	423 000
Unpaid Taxes	748 000	1 131 000	1 150 000	443 000
Dividends	0	0	300 000	0
Other Current Debt	803 000	1 902 000	425 000	77 000
Total Current Debt	4 534 000	5 272 000	4 061 000	1 532 000
Total Equity and Debt	9 109 000	9 059 000	6 862 000	2 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,49 %	−18,84 %	46,75 %	96,69 %
Debt-to-Equity Ratio	0,96	1,73	0,7	0
Operating Profit Margin	4,73 %	0,19 %	7,09 %	18,23 %
Current Ratio	0,4	0,45	0,54	0,3
Quick Ratio	0,4	0,45	0,54	0,3
Equity Ratio	0,26	0,15	0,24	0,43
Gross Profit Margin	44,2 %	40,64 %	54,73 %	50,97 %