NORTRAC

1640 RÅDE

Finances

Share Ownership

Return on Equity

17,58 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 181 000	681 000	559 000	452 000
Net Income	189 000	227 000	173 000	51 000
Total Assets	1 756 000	1 724 000	1 881 000	1 720 000
Total Equity	1 075 000	886 000	659 000	486 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 181 000	681 000	559 000	452 000
Expenditure	930 000	391 000	326 000	371 000
Operating Profit	251 000	292 000	233 000	82 000
Financial Income	0	0	0	0
Financial Costs	0	0	11 000	16 000
Financial Balance	0	0	−11 000	−16 000
Earnings Before Tax	251 000	291 000	222 000	66 000
Tax	62 000	64 000	49 000	14 000
Net Income	189 000	227 000	173 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 472 000	1 635 000	1 817 000	1 651 000
Total Current Assets	284 000	88 000	64 000	69 000
Total Assets	1 756 000	1 724 000	1 881 000	1 720 000
Total Retained Equity	1 075 000	886 000	659 000	486 000
Total Equity	1 075 000	886 000	659 000	486 000
Total Long-Term Debt	0	64 000	49 000	0
Total Current Debt	680 000	773 000	1 173 000	1 234 000
Total Equity and Debt	1 756 000	1 724 000	1 881 000	1 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 181 000	681 000	559 000	452 000
Other Income	0	0	0	0
Revenue	1 181 000	681 000	559 000	452 000
Cost of Goods Sold	0	0	0	0
Salary Costs	756 000	197 000	101 000	136 000
Depreciation	164 000	182 000	202 000	183 000
Impairment	0	0	0	0
Expenditure	930 000	391 000	326 000	371 000
Operating Profit	251 000	292 000	233 000	82 000
Financial Income	0	0	0	0
Financial Costs	0	0	11 000	16 000
Financial Balance	0	0	−11 000	−16 000
Dividends	0	0	0	0
Net Income	189 000	227 000	173 000	51 000

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	1 472 000	1 635 000	1 817 000	1 651 000
Fixtures	0	0	0	0
Total Tangible Assets	1 472 000	1 635 000	1 817 000	1 651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 472 000	1 635 000	1 817 000	1 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	64 000	40 000	31 000
Total Current Assets	284 000	88 000	64 000	69 000
Total Assets	1 756 000	1 724 000	1 881 000	1 720 000
Total Equity	1 075 000	886 000	659 000	486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	64 000	49 000	0
Creditors	0	0	14 000	3 000
Unpaid Taxes	193 000	51 000	30 000	24 000
Dividends	0	0	0	0
Other Current Debt	438 000	165 000	12 000	1 192 000
Total Current Debt	680 000	773 000	1 173 000	1 234 000
Total Equity and Debt	1 756 000	1 724 000	1 881 000	1 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,58 %	25,62 %	26,25 %	10,49 %
Debt-to-Equity Ratio	0	0,07	0,07	0
Operating Profit Margin	21,25 %	42,88 %	41,68 %	18,14 %
Current Ratio	0,42	0,11	0,05	0,06
Quick Ratio	0,42	0,11	0,05	0,06
Equity Ratio	0,61	0,51	0,35	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %