COTECH INVEST AS

2560 ALVDAL

Finances

Return on Equity

97,6 %

Current Ratio

6,58

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 388 000	1 321 534 000	910 916 000	720 915 000
Net Income	54 944 000	104 097 000	35 649 000	722 000
Total Assets	59 864 000	613 087 000	512 834 000	300 904 000
Total Equity	56 296 000	201 297 000	130 267 000	83 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 388 000	1 321 534 000	910 916 000	720 915 000
Expenditure	28 272 000	1 178 813 000	859 906 000	716 923 000
Operating Profit	115 000	142 720 000	51 010 000	3 992 000
Financial Income	61 506 000	837 000	1 241 000	1 218 000
Financial Costs	6 530 000	11 609 000	4 761 000	3 623 000
Financial Balance	54 976 000	−10 772 000	−3 520 000	−2 405 000
Earnings Before Tax	55 091 000	131 949 000	47 490 000	1 587 000
Tax	147 000	27 851 000	11 841 000	866 000
Net Income	54 944 000	104 097 000	35 649 000	722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 905 000	90 229 000	93 897 000	116 246 000
Total Current Assets	17 959 000	522 858 000	418 937 000	184 658 000
Total Assets	59 864 000	613 087 000	512 834 000	300 904 000
Total Retained Equity	54 944 000	186 440 000	115 410 000	68 861 000
Total Equity	56 296 000	201 297 000	130 267 000	83 718 000
Total Long-Term Debt	838 000	128 839 000	131 270 000	102 994 000
Total Current Debt	2 729 000	282 951 000	251 297 000	114 192 000
Total Equity and Debt	59 864 000	613 087 000	512 834 000	300 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 014 000	1 310 470 000	898 218 000	704 371 000
Other Income	373 000	11 064 000	12 697 000	16 544 000
Revenue	28 388 000	1 321 534 000	910 916 000	720 915 000
Cost of Goods Sold	0	761 984 000	508 552 000	287 483 000
Salary Costs	11 194 000	233 278 000	193 800 000	231 227 000
Depreciation	472 000	27 641 000	30 920 000	37 214 000
Impairment	0	0	0	0
Expenditure	28 272 000	1 178 813 000	859 906 000	716 923 000
Operating Profit	115 000	142 720 000	51 010 000	3 992 000
Financial Income	61 506 000	837 000	1 241 000	1 218 000
Financial Costs	6 530 000	11 609 000	4 761 000	3 623 000
Financial Balance	54 976 000	−10 772 000	−3 520 000	−2 405 000
Dividends	0	0	0	0
Net Income	54 944 000	104 097 000	35 649 000	722 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	6 449 000
Total Intangible Assets	71 000	4 462 000	612 000	6 999 000
Real Eastate	0	10 985 000	12 092 000	21 180 000
Machinery and Plant Facilities	0	17 900 000	18 877 000	30 139 000
Fixtures	97 000	37 667 000	37 953 000	45 116 000
Total Tangible Assets	97 000	66 553 000	68 922 000	96 436 000
Total Fiancial Fixed Assets	41 738 000	19 214 000	24 363 000	12 811 000
Total Fixed Assets	41 905 000	90 229 000	93 897 000	116 246 000
Stock	0	12 017 000	9 600 000	18 383 000
Total Investments	0	0	0	0
Cash, Bank	11 481 000	230 103 000	139 030 000	24 300 000
Total Current Assets	17 959 000	522 858 000	418 937 000	184 658 000
Total Assets	59 864 000	613 087 000	512 834 000	300 904 000
Total Equity	56 296 000	201 297 000	130 267 000	83 718 000
Short-Term Group Debt	212 000	0	0	0
Total Long-Term Debt	838 000	128 839 000	131 270 000	102 994 000
Creditors	964 000	88 359 000	92 725 000	59 542 000
Unpaid Taxes	696 000	37 134 000	28 721 000	17 121 000
Dividends	0	0	0	0
Other Current Debt	712 000	157 365 000	123 046 000	37 397 000
Total Current Debt	2 729 000	282 951 000	251 297 000	114 192 000
Total Equity and Debt	59 864 000	613 087 000	512 834 000	300 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,6 %	51,71 %	27,37 %	0,86 %
Debt-to-Equity Ratio	0,01	0,64	1,01	1,23
Operating Profit Margin	0,41 %	10,8 %	5,6 %	0,55 %
Current Ratio	6,58	1,85	1,67	1,62
Quick Ratio	6,58	1,93	1,73	1,93
Equity Ratio	0,94	0,33	0,25	0,28
Gross Profit Margin	100 %	42,34 %	44,17 %	60,12 %