CORE TECHNOLOGY AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

311,08 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 896 000	20 952 000	16 224 000	11 492 000
Net Income	4 156 000	3 542 000	2 402 000	127 000
Total Assets	14 290 000	12 300 000	10 010 000	5 739 000
Total Equity	1 336 000	1 036 000	736 000	533 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 896 000	20 952 000	16 224 000	11 492 000
Expenditure	16 426 000	16 264 000	12 999 000	11 197 000
Operating Profit	5 469 000	4 687 000	3 225 000	295 000
Financial Income	0	0	0	1 000
Financial Costs	140 000	146 000	145 000	131 000
Financial Balance	−140 000	−146 000	−145 000	−130 000
Earnings Before Tax	5 329 000	4 542 000	3 080 000	165 000
Tax	1 173 000	999 000	678 000	38 000
Net Income	4 156 000	3 542 000	2 402 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	348 000	101 000	112 000
Total Current Assets	13 965 000	11 952 000	9 908 000	5 627 000
Total Assets	14 290 000	12 300 000	10 010 000	5 739 000
Total Retained Equity	1 036 000	736 000	436 000	233 000
Total Equity	1 336 000	1 036 000	736 000	533 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 954 000	11 264 000	9 274 000	5 206 000
Total Equity and Debt	14 290 000	12 300 000	10 010 000	5 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 896 000	20 952 000	16 224 000	11 492 000
Other Income	0	0	0	0
Revenue	21 896 000	20 952 000	16 224 000	11 492 000
Cost of Goods Sold	2 884 000	1 800 000	1 000 000	800 000
Salary Costs	11 543 000	12 411 000	10 317 000	8 624 000
Depreciation	8 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	16 426 000	16 264 000	12 999 000	11 197 000
Operating Profit	5 469 000	4 687 000	3 225 000	295 000
Financial Income	0	0	0	1 000
Financial Costs	140 000	146 000	145 000	131 000
Financial Balance	−140 000	−146 000	−145 000	−130 000
Dividends	0	0	0	0
Net Income	4 156 000	3 542 000	2 402 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	66 000	101 000	112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	22 000	0	0
Total Tangible Assets	14 000	22 000	0	0
Total Fiancial Fixed Assets	260 000	260 000	0	0
Total Fixed Assets	325 000	348 000	101 000	112 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 206 000	7 266 000	3 088 000	1 033 000
Total Current Assets	13 965 000	11 952 000	9 908 000	5 627 000
Total Assets	14 290 000	12 300 000	10 010 000	5 739 000
Total Equity	1 336 000	1 036 000	736 000	533 000
Short-Term Group Debt	6 556 000	5 769 000	4 554 000	1 613 000
Total Long-Term Debt	0	0	0	0
Creditors	2 272 000	1 258 000	1 584 000	1 111 000
Unpaid Taxes	1 525 000	1 529 000	1 306 000	1 172 000
Dividends	0	0	0	0
Other Current Debt	2 529 000	2 659 000	1 783 000	1 269 000
Total Current Debt	12 954 000	11 264 000	9 274 000	5 206 000
Total Equity and Debt	14 290 000	12 300 000	10 010 000	5 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	311,08 %	341,89 %	326,36 %	23,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,98 %	22,37 %	19,88 %	2,57 %
Current Ratio	1,08	1,06	1,07	1,08
Quick Ratio	1,08	1,06	1,07	1,08
Equity Ratio	0,09	0,08	0,07	0,09
Gross Profit Margin	86,83 %	91,41 %	93,84 %	93,04 %