NORACON AS

1540 VESTBY

Finances

Share Ownership

Return on Equity

−1,05 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	19 013 000	26 751 000	30 212 000	28 124 000
Net Income	−77 000	−64 000	−175 000	944 000
Total Assets	13 518 000	12 120 000	12 211 000	14 158 000
Total Equity	7 366 000	7 443 000	8 027 000	9 585 000

Income (NOK)	2023	2022	2021	2020
Revenue	19 013 000	26 751 000	30 212 000	28 124 000
Expenditure	19 131 000	26 880 000	29 734 000	26 753 000
Operating Profit	−118 000	−129 000	477 000	1 371 000
Financial Income	201 000	188 000	8 000	6 000
Financial Costs	183 000	139 000	178 000	165 000
Financial Balance	18 000	49 000	−170 000	−159 000
Earnings Before Tax	−100 000	−80 000	306 000	1 212 000
Tax	−22 000	−16 000	481 000	268 000
Net Income	−77 000	−64 000	−175 000	944 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	234 000	282 000	333 000	326 000
Total Current Assets	13 284 000	11 837 000	11 879 000	13 832 000
Total Assets	13 518 000	12 120 000	12 211 000	14 158 000
Total Retained Equity	7 248 000	7 326 000	7 909 000	9 468 000
Total Equity	7 366 000	7 443 000	8 027 000	9 585 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 152 000	4 676 000	4 185 000	4 573 000
Total Equity and Debt	13 518 000	12 120 000	12 211 000	14 158 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	18 946 000	26 751 000	30 212 000	28 124 000
Other Income	68 000	0	0	0
Revenue	19 013 000	26 751 000	30 212 000	28 124 000
Cost of Goods Sold	7 617 000	11 421 000	10 529 000	10 025 000
Salary Costs	8 141 000	10 809 000	13 335 000	13 110 000
Depreciation	38 000	161 000	161 000	241 000
Impairment	0	0	0	0
Expenditure	19 131 000	26 880 000	29 734 000	26 753 000
Operating Profit	−118 000	−129 000	477 000	1 371 000
Financial Income	201 000	188 000	8 000	6 000
Financial Costs	183 000	139 000	178 000	165 000
Financial Balance	18 000	49 000	−170 000	−159 000
Dividends	0	520 000	1 280 000	0
Net Income	−77 000	−64 000	−175 000	944 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	192 000	170 000	154 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	15 000	51 000	0
Fixtures	33 000	98 000	127 000	249 000
Total Tangible Assets	42 000	113 000	178 000	249 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	234 000	282 000	333 000	326 000
Stock	3 315 000	3 790 000	3 732 000	3 749 000
Total Investments	0	0	0	0
Cash, Bank	3 340 000	1 526 000	1 089 000	1 610 000
Total Current Assets	13 284 000	11 837 000	11 879 000	13 832 000
Total Assets	13 518 000	12 120 000	12 211 000	14 158 000
Total Equity	7 366 000	7 443 000	8 027 000	9 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 652 000	2 037 000	1 194 000	774 000
Unpaid Taxes	252 000	1 028 000	1 037 000	1 158 000
Dividends	0	520 000	1 280 000	0
Other Current Debt	4 248 000	1 303 000	1 491 000	1 982 000
Total Current Debt	6 152 000	4 676 000	4 185 000	4 573 000
Total Equity and Debt	13 518 000	12 120 000	12 211 000	14 158 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−1,05 %	−0,86 %	−2,18 %	9,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,62 %	−0,48 %	1,58 %	4,87 %
Current Ratio	2,16	2,53	2,84	3,02
Quick Ratio	4,68	13,36	26,22	16,79
Equity Ratio	0,54	0,61	0,66	0,68
Gross Profit Margin	59,94 %	57,31 %	65,15 %	64,35 %