NORDICALUTEK AS

3172 VEAR

Finances

Share Ownership

Return on Equity

−62,63 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 112 000	25 487 000	18 051 000	12 666 000
Net Income	−947 000	2 178 000	902 000	311 000
Total Assets	6 016 000	6 592 000	5 656 000	4 263 000
Total Equity	1 512 000	2 926 000	1 915 000	1 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 112 000	25 487 000	18 051 000	12 666 000
Expenditure	19 347 000	22 690 000	16 833 000	12 231 000
Operating Profit	−1 235 000	2 797 000	1 218 000	435 000
Financial Income	68 000	66 000	53 000	1 000
Financial Costs	47 000	71 000	115 000	38 000
Financial Balance	21 000	−5 000	−62 000	−37 000
Earnings Before Tax	−1 214 000	2 792 000	1 156 000	399 000
Tax	−267 000	614 000	254 000	88 000
Net Income	−947 000	2 178 000	902 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	339 000	28 000	74 000
Total Current Assets	5 651 000	6 253 000	5 628 000	4 189 000
Total Assets	6 016 000	6 592 000	5 656 000	4 263 000
Total Retained Equity	1 330 000	2 744 000	1 733 000	1 307 000
Total Equity	1 512 000	2 926 000	1 915 000	1 489 000
Total Long-Term Debt	64 000	463 000	789 000	58 000
Total Current Debt	4 440 000	3 203 000	2 952 000	2 715 000
Total Equity and Debt	6 016 000	6 592 000	5 656 000	4 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 112 000	25 487 000	18 051 000	12 666 000
Other Income	0	0	0	0
Revenue	18 112 000	25 487 000	18 051 000	12 666 000
Cost of Goods Sold	13 453 000	19 110 000	13 692 000	8 630 000
Salary Costs	3 672 000	1 543 000	1 105 000	2 174 000
Depreciation	97 000	49 000	79 000	74 000
Impairment	0	0	0	0
Expenditure	19 347 000	22 690 000	16 833 000	12 231 000
Operating Profit	−1 235 000	2 797 000	1 218 000	435 000
Financial Income	68 000	66 000	53 000	1 000
Financial Costs	47 000	71 000	115 000	38 000
Financial Balance	21 000	−5 000	−62 000	−37 000
Dividends	0	0	0	0
Net Income	−947 000	2 178 000	902 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	261 000	0	0	0
Fixtures	104 000	339 000	28 000	74 000
Total Tangible Assets	365 000	339 000	28 000	74 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	365 000	339 000	28 000	74 000
Stock	0	0	589 000	0
Total Investments	0	0	0	0
Cash, Bank	2 387 000	3 289 000	1 891 000	1 457 000
Total Current Assets	5 651 000	6 253 000	5 628 000	4 189 000
Total Assets	6 016 000	6 592 000	5 656 000	4 263 000
Total Equity	1 512 000	2 926 000	1 915 000	1 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 000	463 000	789 000	58 000
Creditors	2 599 000	628 000	2 133 000	1 746 000
Unpaid Taxes	637 000	950 000	651 000	723 000
Dividends	0	0	0	0
Other Current Debt	1 203 000	1 625 000	168 000	246 000
Total Current Debt	4 440 000	3 203 000	2 952 000	2 715 000
Total Equity and Debt	6 016 000	6 592 000	5 656 000	4 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,63 %	74,44 %	47,1 %	20,89 %
Debt-to-Equity Ratio	0,04	0,16	0,41	0,04
Operating Profit Margin	−6,82 %	10,97 %	6,75 %	3,43 %
Current Ratio	1,27	1,95	1,91	1,54
Quick Ratio	1,27	1,95	2,38	1,54
Equity Ratio	0,25	0,44	0,34	0,35
Gross Profit Margin	25,72 %	25,02 %	24,15 %	31,86 %