COTEC MEDIETEKNIKK AS

5057 BERGEN

Finances

Share Ownership

Return on Equity

37,09 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	104 000	10 000	97 000
Net Income	56 000	45 000	−75 000	−31 000
Total Assets	195 000	97 000	50 000	148 000
Total Equity	151 000	95 000	49 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	104 000	10 000	97 000
Expenditure	233 000	59 000	85 000	130 000
Operating Profit	67 000	45 000	−75 000	−34 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	66 000	45 000	−75 000	−34 000
Tax	10 000	0	0	−4 000
Net Income	56 000	45 000	−75 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	73 000	48 000	82 000
Total Current Assets	87 000	24 000	2 000	66 000
Total Assets	195 000	97 000	50 000	148 000
Total Retained Equity	121 000	65 000	19 000	94 000
Total Equity	151 000	95 000	49 000	124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	2 000	1 000	24 000
Total Equity and Debt	195 000	97 000	50 000	148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	104 000	10 000	97 000
Other Income	0	0	0	0
Revenue	300 000	104 000	10 000	97 000
Cost of Goods Sold	6 000	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	31 000	35 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	233 000	59 000	85 000	130 000
Operating Profit	67 000	45 000	−75 000	−34 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	56 000	45 000	−75 000	−31 000

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	0	0	0	0
Fixtures	108 000	73 000	48 000	82 000
Total Tangible Assets	108 000	73 000	48 000	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	73 000	48 000	82 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	9 000	1 000	60 000
Total Current Assets	87 000	24 000	2 000	66 000
Total Assets	195 000	97 000	50 000	148 000
Total Equity	151 000	95 000	49 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	1 000	1 000	4 000
Unpaid Taxes	26 000	1 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	16 000
Total Current Debt	45 000	2 000	1 000	24 000
Total Equity and Debt	195 000	97 000	50 000	148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,09 %	47,37 %	−153,06 %	−25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,33 %	43,27 %	−750 %	−35,05 %
Current Ratio	1,93	12	2	2,75
Quick Ratio	1,93	12	2	2,75
Equity Ratio	0,77	0,98	0,98	0,84
Gross Profit Margin	98 %	100 %	90 %	100 %