NOTEK HOLDING AS

3205 SANDEFJORD

Finances

Return on Equity

33,63 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 243 000	85 971 000	86 508 000	102 528 000
Net Income	22 274 000	4 774 000	8 826 000	8 475 000
Total Assets	105 942 000	68 264 000	69 945 000	61 450 000
Total Equity	66 238 000	43 960 000	49 193 000	40 862 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 243 000	85 971 000	86 508 000	102 528 000
Expenditure	144 528 000	79 749 000	75 234 000	91 370 000
Operating Profit	28 715 000	6 221 000	11 274 000	11 158 000
Financial Income	8 000	0	15 000	19 000
Financial Costs	167 000	191 000	259 000	264 000
Financial Balance	−159 000	−191 000	−244 000	−245 000
Earnings Before Tax	28 557 000	6 031 000	11 030 000	10 912 000
Tax	6 283 000	1 257 000	2 203 000	2 438 000
Net Income	22 274 000	4 774 000	8 826 000	8 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 613 000	17 320 000	17 202 000	17 221 000
Total Current Assets	87 330 000	50 944 000	52 743 000	44 229 000
Total Assets	105 942 000	68 264 000	69 945 000	61 450 000
Total Retained Equity	66 133 000	43 854 000	49 087 000	40 755 000
Total Equity	66 238 000	43 960 000	49 193 000	40 862 000
Total Long-Term Debt	0	164 000	2 400 000	2 801 000
Total Current Debt	39 704 000	24 140 000	18 353 000	17 787 000
Total Equity and Debt	105 942 000	68 264 000	69 945 000	61 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 465 000	85 282 000	85 821 000	102 465 000
Other Income	778 000	689 000	687 000	64 000
Revenue	173 243 000	85 971 000	86 508 000	102 528 000
Cost of Goods Sold	65 788 000	31 498 000	26 122 000	28 954 000
Salary Costs	58 555 000	37 784 000	37 180 000	48 591 000
Depreciation	626 000	412 000	435 000	446 000
Impairment	0	0	0	0
Expenditure	144 528 000	79 749 000	75 234 000	91 370 000
Operating Profit	28 715 000	6 221 000	11 274 000	11 158 000
Financial Income	8 000	0	15 000	19 000
Financial Costs	167 000	191 000	259 000	264 000
Financial Balance	−159 000	−191 000	−244 000	−245 000
Dividends	0	0	0	0
Net Income	22 274 000	4 774 000	8 826 000	8 475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	279 000	0	0	0
Real Eastate	15 912 000	16 044 000	16 176 000	16 125 000
Machinery and Plant Facilities	0	0	0	20 000
Fixtures	2 236 000	1 062 000	817 000	847 000
Total Tangible Assets	18 148 000	17 106 000	16 994 000	16 992 000
Total Fiancial Fixed Assets	186 000	215 000	209 000	229 000
Total Fixed Assets	18 613 000	17 320 000	17 202 000	17 221 000
Stock	0	278 000	278 000	278 000
Total Investments	0	0	0	0
Cash, Bank	33 691 000	25 153 000	28 174 000	22 498 000
Total Current Assets	87 330 000	50 944 000	52 743 000	44 229 000
Total Assets	105 942 000	68 264 000	69 945 000	61 450 000
Total Equity	66 238 000	43 960 000	49 193 000	40 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	164 000	2 400 000	2 801 000
Creditors	8 298 000	2 413 000	1 480 000	1 711 000
Unpaid Taxes	11 944 000	5 417 000	8 429 000	6 564 000
Dividends	0	0	0	0
Other Current Debt	12 821 000	15 475 000	6 406 000	7 653 000
Total Current Debt	39 704 000	24 140 000	18 353 000	17 787 000
Total Equity and Debt	105 942 000	68 264 000	69 945 000	61 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,63 %	10,86 %	17,94 %	20,74 %
Debt-to-Equity Ratio	0	0	0,05	0,07
Operating Profit Margin	16,57 %	7,24 %	13,03 %	10,88 %
Current Ratio	2,2	2,11	2,87	2,49
Quick Ratio	2,2	2,13	2,92	2,53
Equity Ratio	0,63	0,64	0,7	0,66
Gross Profit Margin	62,03 %	63,36 %	69,8 %	71,76 %