NORTHERN.TECH AS

0349 OSLO

Finances

Share Ownership

Return on Equity

10,59 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 210 000	29 069 000	23 692 000	25 592 000
Net Income	6 868 000	6 195 000	7 067 000	2 680 000
Total Assets	96 505 000	95 755 000	78 961 000	59 143 000
Total Equity	64 824 000	57 956 000	51 761 000	44 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 210 000	29 069 000	23 692 000	25 592 000
Expenditure	31 082 000	23 307 000	16 190 000	23 385 000
Operating Profit	3 128 000	5 761 000	7 501 000	2 207 000
Financial Income	4 658 000	1 200 000	292 000	780 000
Financial Costs	918 000	767 000	727 000	306 000
Financial Balance	3 740 000	433 000	−435 000	474 000
Earnings Before Tax	6 868 000	6 195 000	7 067 000	2 680 000
Tax	0	0	0	0
Net Income	6 868 000	6 195 000	7 067 000	2 680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 910 000	40 461 000	33 127 000	21 244 000
Total Current Assets	43 595 000	55 295 000	45 834 000	37 899 000
Total Assets	96 505 000	95 755 000	78 961 000	59 143 000
Total Retained Equity	−17 221 000	−24 088 000	−30 283 000	−37 350 000
Total Equity	64 824 000	57 956 000	51 761 000	44 695 000
Total Long-Term Debt	4 887 000	4 654 000	4 433 000	4 222 000
Total Current Debt	26 794 000	33 145 000	22 767 000	10 227 000
Total Equity and Debt	96 505 000	95 755 000	78 961 000	59 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 210 000	28 000 000	23 692 000	17 192 000
Other Income	0	1 069 000	0	8 400 000
Revenue	34 210 000	29 069 000	23 692 000	25 592 000
Cost of Goods Sold	13 494 000	12 403 000	3 664 000	8 280 000
Salary Costs	9 970 000	5 397 000	7 567 000	11 849 000
Depreciation	4 890 000	3 708 000	2 324 000	1 003 000
Impairment	0	0	0	0
Expenditure	31 082 000	23 307 000	16 190 000	23 385 000
Operating Profit	3 128 000	5 761 000	7 501 000	2 207 000
Financial Income	4 658 000	1 200 000	292 000	780 000
Financial Costs	918 000	767 000	727 000	306 000
Financial Balance	3 740 000	433 000	−435 000	474 000
Dividends	0	0	0	0
Net Income	6 868 000	6 195 000	7 067 000	2 680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 069 000	39 691 000	32 352 000	20 446 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	254 000	182 000	187 000	212 000
Total Tangible Assets	254 000	182 000	187 000	212 000
Total Fiancial Fixed Assets	587 000	587 000	587 000	587 000
Total Fixed Assets	52 910 000	40 461 000	33 127 000	21 244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 802 000	14 512 000	14 669 000	15 111 000
Total Current Assets	43 595 000	55 295 000	45 834 000	37 899 000
Total Assets	96 505 000	95 755 000	78 961 000	59 143 000
Total Equity	64 824 000	57 956 000	51 761 000	44 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 887 000	4 654 000	4 433 000	4 222 000
Creditors	498 000	676 000	648 000	322 000
Unpaid Taxes	1 083 000	1 391 000	1 210 000	1 020 000
Dividends	0	0	0	0
Other Current Debt	25 212 000	31 078 000	20 909 000	8 884 000
Total Current Debt	26 794 000	33 145 000	22 767 000	10 227 000
Total Equity and Debt	96 505 000	95 755 000	78 961 000	59 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,59 %	10,69 %	13,65 %	6 %
Debt-to-Equity Ratio	0,08	0,08	0,09	0,09
Operating Profit Margin	9,14 %	19,82 %	31,66 %	8,62 %
Current Ratio	1,63	1,67	2,01	3,71
Quick Ratio	1,63	1,67	2,01	3,71
Equity Ratio	0,67	0,61	0,66	0,76
Gross Profit Margin	60,56 %	57,33 %	84,53 %	67,65 %