NORTH TECH STRANDGATA AS

9600 HAMMERFEST

Finances

Share Ownership

Return on Equity

9,6 %

Current Ratio

12,88

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	264 000	242 000	217 000	274 000
Net Income	50 000	77 000	16 000	56 000
Total Assets	1 878 000	1 879 000	2 008 000	2 011 000
Total Equity	521 000	471 000	499 000	483 000

Income (NOK)	2022	2021	2020	2019
Revenue	264 000	242 000	217 000	274 000
Expenditure	140 000	108 000	131 000	118 000
Operating Profit	125 000	135 000	87 000	156 000
Financial Income	7 000	10 000	7 000	0
Financial Costs	51 000	39 000	66 000	77 000
Financial Balance	−44 000	−29 000	−59 000	−77 000
Earnings Before Tax	80 000	106 000	28 000	79 000
Tax	30 000	30 000	12 000	23 000
Net Income	50 000	77 000	16 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 439 000	1 514 000	1 575 000	1 637 000
Total Current Assets	438 000	365 000	432 000	374 000
Total Assets	1 878 000	1 879 000	2 008 000	2 011 000
Total Retained Equity	221 000	171 000	199 000	183 000
Total Equity	521 000	471 000	499 000	483 000
Total Long-Term Debt	1 323 000	1 401 000	1 479 000	1 500 000
Total Current Debt	34 000	7 000	30 000	28 000
Total Equity and Debt	1 878 000	1 879 000	2 008 000	2 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	264 000	242 000	217 000	274 000
Revenue	264 000	242 000	217 000	274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	70 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	140 000	108 000	131 000	118 000
Operating Profit	125 000	135 000	87 000	156 000
Financial Income	7 000	10 000	7 000	0
Financial Costs	51 000	39 000	66 000	77 000
Financial Balance	−44 000	−29 000	−59 000	−77 000
Dividends	0	0	0	0
Net Income	50 000	77 000	16 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	4 000	4 000
Real Eastate	1 439 000	1 509 000	1 571 000	1 632 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 439 000	1 509 000	1 571 000	1 632 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 439 000	1 514 000	1 575 000	1 637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	140 000	77 000	24 000
Total Current Assets	438 000	365 000	432 000	374 000
Total Assets	1 878 000	1 879 000	2 008 000	2 011 000
Total Equity	521 000	471 000	499 000	483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 323 000	1 401 000	1 479 000	1 500 000
Creditors	3 000	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	3 000	17 000	4 000
Total Current Debt	34 000	7 000	30 000	28 000
Total Equity and Debt	1 878 000	1 879 000	2 008 000	2 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,6 %	16,35 %	3,21 %	11,59 %
Debt-to-Equity Ratio	2,54	2,97	2,96	3,11
Operating Profit Margin	47,35 %	55,79 %	40,09 %	56,93 %
Current Ratio	12,88	52,14	14,4	13,36
Quick Ratio	12,88	52,14	14,4	13,36
Equity Ratio	0,28	0,25	0,25	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %