NTE AS

6770 NORDFJORDEID

Finances

Return on Equity

53,25 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 610 000	3 079 000	2 739 000	2 852 000
Net Income	1 263 000	1 107 000	1 029 000	1 211 000
Total Assets	3 026 000	1 712 000	4 101 000	3 121 000
Total Equity	2 372 000	1 109 000	3 502 000	2 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 610 000	3 079 000	2 739 000	2 852 000
Expenditure	1 996 000	1 666 000	1 429 000	1 311 000
Operating Profit	1 614 000	1 413 000	1 310 000	1 541 000
Financial Income	6 000	7 000	10 000	12 000
Financial Costs	0	0	1 000	−1 000
Financial Balance	6 000	7 000	9 000	13 000
Earnings Before Tax	1 619 000	1 420 000	1 319 000	1 554 000
Tax	356 000	312 000	290 000	342 000
Net Income	1 263 000	1 107 000	1 029 000	1 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	928 000	246 000	527 000	633 000
Total Current Assets	2 098 000	1 465 000	3 575 000	2 488 000
Total Assets	3 026 000	1 712 000	4 101 000	3 121 000
Total Retained Equity	2 272 000	1 009 000	3 402 000	2 373 000
Total Equity	2 372 000	1 109 000	3 502 000	2 473 000
Total Long-Term Debt	77 000	42 000	62 000	94 000
Total Current Debt	578 000	560 000	538 000	553 000
Total Equity and Debt	3 026 000	1 712 000	4 101 000	3 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 610 000	3 068 000	2 677 000	2 855 000
Other Income	0	11 000	62 000	−4 000
Revenue	3 610 000	3 079 000	2 739 000	2 852 000
Cost of Goods Sold	133 000	98 000	93 000	100 000
Salary Costs	1 231 000	965 000	909 000	709 000
Depreciation	122 000	80 000	125 000	136 000
Impairment	0	0	0	0
Expenditure	1 996 000	1 666 000	1 429 000	1 311 000
Operating Profit	1 614 000	1 413 000	1 310 000	1 541 000
Financial Income	6 000	7 000	10 000	12 000
Financial Costs	0	0	1 000	−1 000
Financial Balance	6 000	7 000	9 000	13 000
Dividends	0	3 500 000	0	0
Net Income	1 263 000	1 107 000	1 029 000	1 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 000	15 000	23 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	830 000	141 000	214 000	312 000
Total Tangible Assets	838 000	156 000	237 000	343 000
Total Fiancial Fixed Assets	90 000	90 000	290 000	290 000
Total Fixed Assets	928 000	246 000	527 000	633 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	807 000	572 000	2 745 000	1 807 000
Total Current Assets	2 098 000	1 465 000	3 575 000	2 488 000
Total Assets	3 026 000	1 712 000	4 101 000	3 121 000
Total Equity	2 372 000	1 109 000	3 502 000	2 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	42 000	62 000	94 000
Creditors	15 000	10 000	11 000	6 000
Unpaid Taxes	88 000	69 000	68 000	52 000
Dividends	0	3 500 000	0	0
Other Current Debt	153 000	149 000	136 000	116 000
Total Current Debt	578 000	560 000	538 000	553 000
Total Equity and Debt	3 026 000	1 712 000	4 101 000	3 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,25 %	99,82 %	29,38 %	48,97 %
Debt-to-Equity Ratio	0,03	0,04	0,02	0,04
Operating Profit Margin	44,71 %	45,89 %	47,83 %	54,03 %
Current Ratio	3,63	2,62	6,64	4,5
Quick Ratio	3,63	2,62	6,64	4,5
Equity Ratio	0,78	0,65	0,85	0,79
Gross Profit Margin	96,32 %	96,82 %	96,6 %	96,49 %