NORFERSK AS

1878 HÆRLAND

Finances

Share Ownership

Return on Equity

10,16 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 991 004 000	2 131 238 000	1 973 418 000	1 593 028 000
Net Income	10 795 000	19 141 000	13 966 000	11 061 000
Total Assets	212 038 000	233 653 000	200 248 000	218 642 000
Total Equity	106 251 000	95 456 000	76 315 000	60 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 991 004 000	2 131 238 000	1 973 418 000	1 593 028 000
Expenditure	1 974 768 000	2 105 741 000	1 952 943 000	1 574 538 000
Operating Profit	16 236 000	25 497 000	20 476 000	18 489 000
Financial Income	5 379 000	2 394 000	2 767 000	959 000
Financial Costs	7 773 000	3 289 000	5 311 000	5 241 000
Financial Balance	−2 394 000	−895 000	−2 544 000	−4 282 000
Earnings Before Tax	13 842 000	24 602 000	17 932 000	14 207 000
Tax	3 047 000	5 461 000	3 966 000	3 146 000
Net Income	10 795 000	19 141 000	13 966 000	11 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 824 000	137 887 000	168 724 000	187 949 000
Total Current Assets	91 214 000	95 766 000	31 524 000	30 693 000
Total Assets	212 038 000	233 653 000	200 248 000	218 642 000
Total Retained Equity	36 251 000	25 456 000	6 315 000	−9 729 000
Total Equity	106 251 000	95 456 000	76 315 000	60 271 000
Total Long-Term Debt	0	0	0	40 000 000
Total Current Debt	105 788 000	138 197 000	123 934 000	118 371 000
Total Equity and Debt	212 038 000	233 653 000	200 248 000	218 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 984 720 000	2 125 182 000	1 967 309 000	1 588 166 000
Other Income	6 284 000	6 057 000	6 110 000	4 862 000
Revenue	1 991 004 000	2 131 238 000	1 973 418 000	1 593 028 000
Cost of Goods Sold	1 797 902 000	1 920 441 000	1 778 880 000	1 422 176 000
Salary Costs	97 975 000	109 319 000	104 612 000	90 024 000
Depreciation	28 902 000	29 320 000	27 792 000	24 504 000
Impairment	0	0	0	0
Expenditure	1 974 768 000	2 105 741 000	1 952 943 000	1 574 538 000
Operating Profit	16 236 000	25 497 000	20 476 000	18 489 000
Financial Income	5 379 000	2 394 000	2 767 000	959 000
Financial Costs	7 773 000	3 289 000	5 311 000	5 241 000
Financial Balance	−2 394 000	−895 000	−2 544 000	−4 282 000
Dividends	0	0	0	0
Net Income	10 795 000	19 141 000	13 966 000	11 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 164 000	31 211 000	36 672 000	40 637 000
Real Eastate	57 593 000	60 882 000	65 981 000	71 541 000
Machinery and Plant Facilities	33 129 000	43 890 000	64 455 000	74 115 000
Fixtures	1 939 000	1 905 000	1 617 000	1 656 000
Total Tangible Assets	92 661 000	106 676 000	132 053 000	147 312 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 824 000	137 887 000	168 724 000	187 949 000
Stock	30 170 000	28 538 000	24 215 000	22 840 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	91 214 000	95 766 000	31 524 000	30 693 000
Total Assets	212 038 000	233 653 000	200 248 000	218 642 000
Total Equity	106 251 000	95 456 000	76 315 000	60 271 000
Short-Term Group Debt	336 000	10 431 000	2 313 000	46 679 000
Total Long-Term Debt	0	0	0	40 000 000
Creditors	41 796 000	77 039 000	56 766 000	24 498 000
Unpaid Taxes	22 465 000	22 755 000	25 245 000	19 302 000
Dividends	0	0	0	0
Other Current Debt	41 191 000	27 973 000	39 610 000	27 892 000
Total Current Debt	105 788 000	138 197 000	123 934 000	118 371 000
Total Equity and Debt	212 038 000	233 653 000	200 248 000	218 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,16 %	20,05 %	18,3 %	18,35 %
Debt-to-Equity Ratio	0	0	0	0,66
Operating Profit Margin	0,82 %	1,2 %	1,04 %	1,16 %
Current Ratio	0,86	0,69	0,25	0,26
Quick Ratio	1,21	0,87	0,32	0,32
Equity Ratio	0,5	0,41	0,38	0,28
Gross Profit Margin	9,7 %	9,89 %	9,86 %	10,72 %