NORFLOOR LOFOTEN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

−19,96 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 797 000	4 100 000	3 947 000	4 597 000
Net Income	−297 000	−65 000	232 000	457 000
Total Assets	2 771 000	2 311 000	2 591 000	1 794 000
Total Equity	1 488 000	1 785 000	1 850 000	1 618 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 797 000	4 100 000	3 947 000	4 597 000
Expenditure	5 071 000	4 163 000	3 647 000	3 979 000
Operating Profit	−274 000	−63 000	299 000	619 000
Financial Income	2 000	8 000	6 000	9 000
Financial Costs	25 000	10 000	15 000	23 000
Financial Balance	−23 000	−2 000	−9 000	−14 000
Earnings Before Tax	−297 000	−65 000	290 000	605 000
Tax	0	0	58 000	148 000
Net Income	−297 000	−65 000	232 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 363 000	898 000	217 000	226 000
Total Current Assets	1 408 000	1 413 000	2 374 000	1 568 000
Total Assets	2 771 000	2 311 000	2 591 000	1 794 000
Total Retained Equity	1 418 000	1 714 000	1 779 000	1 547 000
Total Equity	1 488 000	1 785 000	1 850 000	1 618 000
Total Long-Term Debt	374 000	49 000	167 000	268 000
Total Current Debt	909 000	477 000	575 000	−92 000
Total Equity and Debt	2 771 000	2 311 000	2 591 000	1 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 742 000	4 100 000	3 947 000	4 597 000
Other Income	55 000	0	0	0
Revenue	4 797 000	4 100 000	3 947 000	4 597 000
Cost of Goods Sold	2 113 000	1 852 000	1 229 000	1 684 000
Salary Costs	2 263 000	1 726 000	1 848 000	1 578 000
Depreciation	155 000	57 000	51 000	113 000
Impairment	0	0	0	0
Expenditure	5 071 000	4 163 000	3 647 000	3 979 000
Operating Profit	−274 000	−63 000	299 000	619 000
Financial Income	2 000	8 000	6 000	9 000
Financial Costs	25 000	10 000	15 000	23 000
Financial Balance	−23 000	−2 000	−9 000	−14 000
Dividends	0	0	0	0
Net Income	−297 000	−65 000	232 000	457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	644 000	644 000	0	0
Machinery and Plant Facilities	192 000	81 000	0	0
Fixtures	526 000	173 000	217 000	226 000
Total Tangible Assets	1 363 000	898 000	217 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 363 000	898 000	217 000	226 000
Stock	575 000	582 000	559 000	293 000
Total Investments	0	0	0	0
Cash, Bank	532 000	306 000	989 000	150 000
Total Current Assets	1 408 000	1 413 000	2 374 000	1 568 000
Total Assets	2 771 000	2 311 000	2 591 000	1 794 000
Total Equity	1 488 000	1 785 000	1 850 000	1 618 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	374 000	49 000	167 000	268 000
Creditors	313 000	111 000	172 000	151 000
Unpaid Taxes	411 000	243 000	330 000	418 000
Dividends	0	0	0	0
Other Current Debt	185 000	123 000	15 000	56 000
Total Current Debt	909 000	477 000	575 000	−92 000
Total Equity and Debt	2 771 000	2 311 000	2 591 000	1 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,96 %	−3,64 %	12,54 %	28,24 %
Debt-to-Equity Ratio	0,25	0,03	0,09	0,17
Operating Profit Margin	−5,71 %	−1,54 %	7,58 %	13,47 %
Current Ratio	1,55	2,96	4,13	−17,04
Quick Ratio	4,22	−13,46	148,38	−4,07
Equity Ratio	0,54	0,77	0,71	0,9
Gross Profit Margin	55,95 %	54,83 %	68,86 %	63,37 %