NORRØN GRUPPEN AS

4372 EGERSUND

Finances

Return on Equity

5,47 %

Current Ratio

3,84

Debt-to-Equity Ratio

2,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 932 000	256 497 000	110 837 000	97 332 000
Net Income	6 362 000	21 209 000	6 219 000	7 945 000
Total Assets	547 917 000	508 848 000	297 975 000	143 469 000
Total Equity	116 314 000	111 364 000	96 027 000	47 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 932 000	256 497 000	110 837 000	97 332 000
Expenditure	233 542 000	228 628 000	99 375 000	85 885 000
Operating Profit	21 390 000	27 869 000	11 462 000	11 447 000
Financial Income	1 086 000	6 612 000	1 209 000	999 000
Financial Costs	13 586 000	8 010 000	4 698 000	2 430 000
Financial Balance	−12 500 000	−1 398 000	−3 489 000	−1 431 000
Earnings Before Tax	8 890 000	26 470 000	7 973 000	10 015 000
Tax	2 527 000	5 261 000	1 753 000	2 070 000
Net Income	6 362 000	21 209 000	6 219 000	7 945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 093 000	114 615 000	41 880 000	26 282 000
Total Current Assets	397 824 000	394 233 000	256 095 000	117 187 000
Total Assets	547 917 000	508 848 000	297 975 000	143 469 000
Total Retained Equity	58 834 000	53 883 000	48 547 000	41 071 000
Total Equity	116 314 000	111 364 000	96 027 000	47 171 000
Total Long-Term Debt	328 008 000	161 268 000	87 450 000	15 930 000
Total Current Debt	103 595 000	236 216 000	114 498 000	80 368 000
Total Equity and Debt	547 917 000	508 848 000	297 975 000	143 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	252 627 000	253 105 000	109 057 000	96 439 000
Other Income	2 305 000	3 391 000	1 779 000	893 000
Revenue	254 932 000	256 497 000	110 837 000	97 332 000
Cost of Goods Sold	173 813 000	179 353 000	70 478 000	57 858 000
Salary Costs	37 370 000	31 858 000	19 708 000	21 027 000
Depreciation	3 246 000	3 024 000	583 000	581 000
Impairment	0	0	0	0
Expenditure	233 542 000	228 628 000	99 375 000	85 885 000
Operating Profit	21 390 000	27 869 000	11 462 000	11 447 000
Financial Income	1 086 000	6 612 000	1 209 000	999 000
Financial Costs	13 586 000	8 010 000	4 698 000	2 430 000
Financial Balance	−12 500 000	−1 398 000	−3 489 000	−1 431 000
Dividends	0	0	0	0
Net Income	6 362 000	21 209 000	6 219 000	7 945 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	11 892 000	13 378 000	14 865 000	0
Total Intangible Assets	11 892 000	13 378 000	14 865 000	0
Real Eastate	64 509 000	51 686 000	11 918 000	8 095 000
Machinery and Plant Facilities	0	0	905 000	0
Fixtures	2 798 000	3 213 000	1 120 000	2 940 000
Total Tangible Assets	67 307 000	54 898 000	13 943 000	11 035 000
Total Fiancial Fixed Assets	70 894 000	46 339 000	13 072 000	15 247 000
Total Fixed Assets	150 093 000	114 615 000	41 880 000	26 282 000
Stock	225 663 000	304 317 000	186 638 000	95 013 000
Total Investments	0	0	0	0
Cash, Bank	5 395 000	17 588 000	4 704 000	964 000
Total Current Assets	397 824 000	394 233 000	256 095 000	117 187 000
Total Assets	547 917 000	508 848 000	297 975 000	143 469 000
Total Equity	116 314 000	111 364 000	96 027 000	47 171 000
Short-Term Group Debt	0	0	0	14 161 000
Total Long-Term Debt	328 008 000	161 268 000	87 450 000	15 930 000
Creditors	32 967 000	22 419 000	13 744 000	7 140 000
Unpaid Taxes	6 476 000	6 315 000	3 424 000	2 929 000
Dividends	0	0	0	0
Other Current Debt	11 646 000	7 069 000	8 246 000	6 962 000
Total Current Debt	103 595 000	236 216 000	114 498 000	80 368 000
Total Equity and Debt	547 917 000	508 848 000	297 975 000	143 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,47 %	19,04 %	6,48 %	16,84 %
Debt-to-Equity Ratio	2,82	1,45	0,91	0,34
Operating Profit Margin	8,39 %	10,87 %	10,34 %	11,76 %
Current Ratio	3,84	1,67	2,24	1,46
Quick Ratio	−3,26	−5,79	−3,55	−8
Equity Ratio	0,21	0,22	0,32	0,33
Gross Profit Margin	31,82 %	30,08 %	36,41 %	40,56 %