NOFENCE AS

6413 MOLDE

Finances

Return on Equity

−13,13 %

Current Ratio

6,3

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 502 000	61 398 000	26 561 000	13 018 000
Net Income	−26 094 000	−20 944 000	−12 951 000	−6 827 000
Total Assets	246 178 000	123 060 000	59 618 000	26 846 000
Total Equity	198 673 000	91 628 000	33 748 000	17 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 502 000	61 398 000	26 561 000	13 018 000
Expenditure	93 097 000	88 022 000	42 462 000	21 323 000
Operating Profit	−32 595 000	−26 624 000	−15 901 000	−8 305 000
Financial Income	873 000	240 000	101 000	27 000
Financial Costs	2 099 000	675 000	1 036 000	478 000
Financial Balance	−1 226 000	−435 000	−935 000	−451 000
Earnings Before Tax	−33 821 000	−27 060 000	−16 836 000	−8 755 000
Tax	−7 728 000	−6 116 000	−3 885 000	−1 928 000
Net Income	−26 094 000	−20 944 000	−12 951 000	−6 827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 593 000	59 323 000	32 421 000	20 736 000
Total Current Assets	155 585 000	63 737 000	27 197 000	6 110 000
Total Assets	246 178 000	123 060 000	59 618 000	26 846 000
Total Retained Equity	−80 514 000	−50 443 000	−29 500 000	−16 549 000
Total Equity	198 673 000	91 628 000	33 748 000	17 623 000
Total Long-Term Debt	22 825 000	9 606 000	10 208 000	3 125 000
Total Current Debt	24 680 000	21 827 000	15 662 000	6 098 000
Total Equity and Debt	246 178 000	123 060 000	59 618 000	26 846 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 502 000	61 398 000	26 561 000	13 018 000
Other Income	0	0	0	0
Revenue	60 502 000	61 398 000	26 561 000	13 018 000
Cost of Goods Sold	48 925 000	56 251 000	22 944 000	11 113 000
Salary Costs	19 778 000	13 245 000	7 296 000	3 214 000
Depreciation	6 441 000	4 239 000	1 952 000	7 000
Impairment	0	0	0	0
Expenditure	93 097 000	88 022 000	42 462 000	21 323 000
Operating Profit	−32 595 000	−26 624 000	−15 901 000	−8 305 000
Financial Income	873 000	240 000	101 000	27 000
Financial Costs	2 099 000	675 000	1 036 000	478 000
Financial Balance	−1 226 000	−435 000	−935 000	−451 000
Dividends	0	0	0	0
Net Income	−26 094 000	−20 944 000	−12 951 000	−6 827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 549 000	49 972 000	32 387 000	20 688 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	845 000	0	34 000	48 000
Total Tangible Assets	845 000	0	34 000	48 000
Total Fiancial Fixed Assets	13 199 000	9 351 000	0	0
Total Fixed Assets	90 593 000	59 323 000	32 421 000	20 736 000
Stock	16 558 000	12 463 000	2 704 000	428 000
Total Investments	0	0	0	0
Cash, Bank	107 734 000	843 000	12 245 000	468 000
Total Current Assets	155 585 000	63 737 000	27 197 000	6 110 000
Total Assets	246 178 000	123 060 000	59 618 000	26 846 000
Total Equity	198 673 000	91 628 000	33 748 000	17 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 825 000	9 606 000	10 208 000	3 125 000
Creditors	9 498 000	10 323 000	3 263 000	1 307 000
Unpaid Taxes	2 717 000	1 765 000	1 029 000	749 000
Dividends	0	0	0	0
Other Current Debt	12 466 000	8 272 000	11 370 000	3 389 000
Total Current Debt	24 680 000	21 827 000	15 662 000	6 098 000
Total Equity and Debt	246 178 000	123 060 000	59 618 000	26 846 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,13 %	−22,86 %	−38,38 %	−38,74 %
Debt-to-Equity Ratio	0,11	0,1	0,3	0,18
Operating Profit Margin	−53,87 %	−43,36 %	−59,87 %	−63,8 %
Current Ratio	6,3	2,92	1,74	1
Quick Ratio	19,16	6,81	2,1	1,08
Equity Ratio	0,81	0,74	0,57	0,66
Gross Profit Margin	19,13 %	8,38 %	13,62 %	14,63 %