EXTEK AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

376,16 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 783 000	3 935 000	4 192 000	4 372 000
Net Income	1 625 000	−476 000	−372 000	−1 329 000
Total Assets	3 137 000	1 900 000	1 195 000	4 193 000
Total Equity	432 000	135 000	101 000	1 768 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 783 000	3 935 000	4 192 000	4 372 000
Expenditure	5 667 000	4 539 000	4 630 000	6 072 000
Operating Profit	2 117 000	−605 000	−439 000	−1 700 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	17 000	15 000	10 000	4 000
Financial Balance	−16 000	−15 000	−9 000	−3 000
Earnings Before Tax	2 101 000	−620 000	−448 000	−1 703 000
Tax	476 000	−144 000	−76 000	−374 000
Net Income	1 625 000	−476 000	−372 000	−1 329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	22 000	618 000	859 000
Total Current Assets	3 123 000	1 877 000	576 000	3 334 000
Total Assets	3 137 000	1 900 000	1 195 000	4 193 000
Total Retained Equity	0	−5 357 000	−4 881 000	−4 509 000
Total Equity	432 000	135 000	101 000	1 768 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 704 000	1 765 000	1 094 000	2 425 000
Total Equity and Debt	3 137 000	1 900 000	1 195 000	4 193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 774 000	3 723 000	4 181 000	4 372 000
Other Income	10 000	211 000	11 000	0
Revenue	7 783 000	3 935 000	4 192 000	4 372 000
Cost of Goods Sold	1 759 000	2 127 000	1 533 000	1 978 000
Salary Costs	2 319 000	1 411 000	1 027 000	2 678 000
Depreciation	9 000	5 000	59 000	54 000
Impairment	0	0	0	176 000
Expenditure	5 667 000	4 539 000	4 630 000	6 072 000
Operating Profit	2 117 000	−605 000	−439 000	−1 700 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	17 000	15 000	10 000	4 000
Financial Balance	−16 000	−15 000	−9 000	−3 000
Dividends	1 600 000	0	0	0
Net Income	1 625 000	−476 000	−372 000	−1 329 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	22 000	0	59 000
Total Tangible Assets	13 000	22 000	0	59 000
Total Fiancial Fixed Assets	0	0	618 000	0
Total Fixed Assets	13 000	22 000	618 000	859 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 274 000	447 000	108 000	427 000
Total Current Assets	3 123 000	1 877 000	576 000	3 334 000
Total Assets	3 137 000	1 900 000	1 195 000	4 193 000
Total Equity	432 000	135 000	101 000	1 768 000
Short-Term Group Debt	0	1 230 000	418 000	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	141 000	245 000	1 813 000
Unpaid Taxes	285 000	211 000	124 000	92 000
Dividends	1 600 000	0	0	0
Other Current Debt	228 000	183 000	306 000	520 000
Total Current Debt	2 704 000	1 765 000	1 094 000	2 425 000
Total Equity and Debt	3 137 000	1 900 000	1 195 000	4 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	376,16 %	−352,59 %	−368,32 %	−75,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,2 %	−15,37 %	−10,47 %	−38,88 %
Current Ratio	1,15	1,06	0,53	1,37
Quick Ratio	1,15	1,06	0,53	1,37
Equity Ratio	0,14	0,07	0,08	0,42
Gross Profit Margin	77,4 %	45,95 %	63,43 %	54,76 %