NORTH TECH AS

9602 HAMMERFEST

Finances

Return on Equity

4,2 %

Current Ratio

2,89

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	440 000	0	0	0
Net Income	180 000	85 000	178 000	−431 000
Total Assets	12 197 000	11 912 000	11 554 000	11 576 000
Total Equity	4 282 000	4 103 000	4 017 000	3 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	440 000	0	0	0
Expenditure	51 000	231 000	101 000	311 000
Operating Profit	389 000	−231 000	−101 000	−311 000
Financial Income	0	545 000	442 000	0
Financial Costs	158 000	227 000	163 000	120 000
Financial Balance	−158 000	318 000	279 000	−120 000
Earnings Before Tax	231 000	87 000	178 000	−431 000
Tax	51 000	2 000	0	0
Net Income	180 000	85 000	178 000	−431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 938 000	10 926 000	350 000	348 000
Total Current Assets	1 259 000	986 000	11 204 000	11 228 000
Total Assets	12 197 000	11 912 000	11 554 000	11 576 000
Total Retained Equity	−65 000	−245 000	−330 000	−508 000
Total Equity	4 282 000	4 103 000	4 017 000	3 839 000
Total Long-Term Debt	7 479 000	7 807 000	5 061 000	5 281 000
Total Current Debt	435 000	2 000	2 476 000	2 455 000
Total Equity and Debt	12 197 000	11 912 000	11 554 000	11 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	440 000	0	0	0
Other Income	0	0	0	0
Revenue	440 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	51 000	231 000	101 000	311 000
Operating Profit	389 000	−231 000	−101 000	−311 000
Financial Income	0	545 000	442 000	0
Financial Costs	158 000	227 000	163 000	120 000
Financial Balance	−158 000	318 000	279 000	−120 000
Dividends	0	0	0	0
Net Income	180 000	85 000	178 000	−431 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 938 000	10 926 000	350 000	348 000
Total Fixed Assets	10 938 000	10 926 000	350 000	348 000
Stock	0	0	0	0
Total Investments	0	0	10 791 000	10 791 000
Cash, Bank	624 000	339 000	4 000	0
Total Current Assets	1 259 000	986 000	11 204 000	11 228 000
Total Assets	12 197 000	11 912 000	11 554 000	11 576 000
Total Equity	4 282 000	4 103 000	4 017 000	3 839 000
Short-Term Group Debt	382 000	0	0	0
Total Long-Term Debt	7 479 000	7 807 000	5 061 000	5 281 000
Creditors	1 000	0	0	0
Unpaid Taxes	10 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	2 476 000	2 455 000
Total Current Debt	435 000	2 000	2 476 000	2 455 000
Total Equity and Debt	12 197 000	11 912 000	11 554 000	11 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,2 %	2,07 %	4,43 %	−11,23 %
Debt-to-Equity Ratio	1,75	1,9	1,26	1,38
Operating Profit Margin	88,41 %	-	-	-
Current Ratio	2,89	493	4,53	4,57
Quick Ratio	2,89	493	4,53	4,57
Equity Ratio	0,35	0,34	0,35	0,33
Gross Profit Margin	100 %	-	-	-