NOR LINES FINNSNES AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

340,94 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 917 000	5 077 000	5 531 000	11 920 000
Net Income	433 000	−75 000	−331 000	−398 000
Total Assets	1 511 000	1 114 000	1 309 000	2 851 000
Total Equity	127 000	−307 000	−231 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 917 000	5 077 000	5 531 000	11 920 000
Expenditure	5 333 000	5 171 000	5 868 000	12 312 000
Operating Profit	584 000	−93 000	−337 000	−391 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	30 000	5 000	89 000	120 000
Financial Balance	−27 000	−3 000	−88 000	−118 000
Earnings Before Tax	556 000	−97 000	−424 000	−510 000
Tax	122 000	−21 000	−93 000	−112 000
Net Income	433 000	−75 000	−331 000	−398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	148 000	155 000	130 000
Total Current Assets	1 504 000	966 000	1 154 000	2 721 000
Total Assets	1 511 000	1 114 000	1 309 000	2 851 000
Total Retained Equity	27 000	−407 000	−331 000	0
Total Equity	127 000	−307 000	−231 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 384 000	1 421 000	1 540 000	2 751 000
Total Equity and Debt	1 511 000	1 114 000	1 309 000	2 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 870 000	5 075 000	5 486 000	11 517 000
Other Income	47 000	2 000	45 000	403 000
Revenue	5 917 000	5 077 000	5 531 000	11 920 000
Cost of Goods Sold	1 243 000	1 274 000	1 661 000	2 000
Salary Costs	3 192 000	3 133 000	2 953 000	6 539 000
Depreciation	19 000	29 000	29 000	33 000
Impairment	0	0	0	0
Expenditure	5 333 000	5 171 000	5 868 000	12 312 000
Operating Profit	584 000	−93 000	−337 000	−391 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	30 000	5 000	89 000	120 000
Financial Balance	−27 000	−3 000	−88 000	−118 000
Dividends	0	0	0	0
Net Income	433 000	−75 000	−331 000	−398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	129 000	108 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	19 000	48 000	76 000
Total Tangible Assets	0	19 000	48 000	76 000
Total Fiancial Fixed Assets	0	0	0	39 000
Total Fixed Assets	7 000	148 000	155 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	906 000	570 000	649 000	724 000
Total Current Assets	1 504 000	966 000	1 154 000	2 721 000
Total Assets	1 511 000	1 114 000	1 309 000	2 851 000
Total Equity	127 000	−307 000	−231 000	100 000
Short-Term Group Debt	0	5 000	60 000	225 000
Total Long-Term Debt	0	0	0	0
Creditors	661 000	712 000	720 000	1 790 000
Unpaid Taxes	334 000	302 000	215 000	290 000
Dividends	0	0	0	0
Other Current Debt	390 000	403 000	545 000	446 000
Total Current Debt	1 384 000	1 421 000	1 540 000	2 751 000
Total Equity and Debt	1 511 000	1 114 000	1 309 000	2 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	340,94 %	24,43 %	143,29 %	−398 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	9,87 %	−1,83 %	−6,09 %	−3,28 %
Current Ratio	1,09	0,68	0,75	0,99
Quick Ratio	1,09	0,68	0,75	0,99
Equity Ratio	0,08	−0,28	−0,18	0,04
Gross Profit Margin	78,99 %	74,91 %	69,97 %	99,98 %