NOREST BYGG AS

2388 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

63,28 %

Current Ratio

1,76

Debt-to-Equity Ratio

8,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 180 000	11 332 000	14 813 000	13 837 000
Net Income	255 000	136 000	59 000	−572 000
Total Assets	6 453 000	3 911 000	3 579 000	2 966 000
Total Equity	403 000	148 000	−489 000	−548 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 180 000	11 332 000	14 813 000	13 837 000
Expenditure	18 687 000	11 084 000	14 684 000	14 485 000
Operating Profit	494 000	249 000	128 000	−648 000
Financial Income	10 000	1 000	1 000	2 000
Financial Costs	177 000	75 000	54 000	85 000
Financial Balance	−167 000	−74 000	−53 000	−83 000
Earnings Before Tax	327 000	175 000	76 000	−732 000
Tax	72 000	38 000	17 000	−160 000
Net Income	255 000	136 000	59 000	−572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 925 000	1 578 000	994 000	1 056 000
Total Current Assets	4 529 000	2 333 000	2 585 000	1 910 000
Total Assets	6 453 000	3 911 000	3 579 000	2 966 000
Total Retained Equity	255 000	0	−519 000	−578 000
Total Equity	403 000	148 000	−489 000	−548 000
Total Long-Term Debt	3 472 000	1 107 000	519 000	620 000
Total Current Debt	2 578 000	2 656 000	3 549 000	2 894 000
Total Equity and Debt	6 453 000	3 911 000	3 579 000	2 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 180 000	10 999 000	14 813 000	13 837 000
Other Income	0	333 000	0	0
Revenue	19 180 000	11 332 000	14 813 000	13 837 000
Cost of Goods Sold	11 357 000	5 060 000	7 494 000	8 162 000
Salary Costs	5 138 000	4 150 000	4 987 000	4 221 000
Depreciation	290 000	215 000	110 000	95 000
Impairment	0	0	0	0
Expenditure	18 687 000	11 084 000	14 684 000	14 485 000
Operating Profit	494 000	249 000	128 000	−648 000
Financial Income	10 000	1 000	1 000	2 000
Financial Costs	177 000	75 000	54 000	85 000
Financial Balance	−167 000	−74 000	−53 000	−83 000
Dividends	0	0	0	0
Net Income	255 000	136 000	59 000	−572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	127 000	165 000	182 000
Real Eastate	844 000	704 000	564 000	564 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 026 000	747 000	265 000	310 000
Total Tangible Assets	1 870 000	1 451 000	828 000	874 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 925 000	1 578 000	994 000	1 056 000
Stock	2 504 000	0	0	396 000
Total Investments	0	0	0	0
Cash, Bank	190 000	604 000	433 000	126 000
Total Current Assets	4 529 000	2 333 000	2 585 000	1 910 000
Total Assets	6 453 000	3 911 000	3 579 000	2 966 000
Total Equity	403 000	148 000	−489 000	−548 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 472 000	1 107 000	519 000	620 000
Creditors	808 000	899 000	861 000	673 000
Unpaid Taxes	463 000	1 008 000	1 650 000	418 000
Dividends	0	0	0	0
Other Current Debt	926 000	750 000	1 038 000	1 804 000
Total Current Debt	2 578 000	2 656 000	3 549 000	2 894 000
Total Equity and Debt	6 453 000	3 911 000	3 579 000	2 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,28 %	91,89 %	−12,07 %	104,38 %
Debt-to-Equity Ratio	8,62	7,48	−1,06	−1,13
Operating Profit Margin	2,58 %	2,2 %	0,86 %	−4,68 %
Current Ratio	1,76	0,88	0,73	0,66
Quick Ratio	61,2	0,88	0,73	0,76
Equity Ratio	0,06	0,04	−0,14	−0,18
Gross Profit Margin	40,79 %	55,35 %	49,41 %	41,01 %