FIRETECH AS

0166 OSLO

Finances

Return on Equity

3,24 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 303 000	1 657 000	801 000	1 773 000
Net Income	59 000	716 000	127 000	490 000
Total Assets	2 031 000	2 441 000	1 602 000	1 624 000
Total Equity	1 819 000	1 759 000	1 044 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 303 000	1 657 000	801 000	1 773 000
Expenditure	1 244 000	820 000	625 000	1 139 000
Operating Profit	58 000	838 000	175 000	634 000
Financial Income	0	74 000	0	0
Financial Costs	2 000	9 000	13 000	5 000
Financial Balance	−2 000	65 000	−13 000	−5 000
Earnings Before Tax	56 000	903 000	163 000	629 000
Tax	−3 000	187 000	36 000	138 000
Net Income	59 000	716 000	127 000	490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	184 000	251 000	326 000
Total Current Assets	1 917 000	2 257 000	1 351 000	1 298 000
Total Assets	2 031 000	2 441 000	1 602 000	1 624 000
Total Retained Equity	1 789 000	1 729 000	1 014 000	887 000
Total Equity	1 819 000	1 759 000	1 044 000	917 000
Total Long-Term Debt	0	251 000	293 000	336 000
Total Current Debt	213 000	431 000	266 000	371 000
Total Equity and Debt	2 031 000	2 441 000	1 602 000	1 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 303 000	1 657 000	801 000	1 773 000
Other Income	0	0	0	0
Revenue	1 303 000	1 657 000	801 000	1 773 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	1 087 000	597 000	477 000	938 000
Depreciation	70 000	78 000	75 000	66 000
Impairment	0	0	0	0
Expenditure	1 244 000	820 000	625 000	1 139 000
Operating Profit	58 000	838 000	175 000	634 000
Financial Income	0	74 000	0	0
Financial Costs	2 000	9 000	13 000	5 000
Financial Balance	−2 000	65 000	−13 000	−5 000
Dividends	0	0	0	0
Net Income	59 000	716 000	127 000	490 000

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	103 000	173 000	251 000	326 000
Total Tangible Assets	103 000	173 000	251 000	326 000
Total Fiancial Fixed Assets	11 000	11 000	0	0
Total Fixed Assets	114 000	184 000	251 000	326 000
Stock	0	0	0	0
Total Investments	680 000	596 000	90 000	0
Cash, Bank	1 229 000	1 394 000	1 261 000	928 000
Total Current Assets	1 917 000	2 257 000	1 351 000	1 298 000
Total Assets	2 031 000	2 441 000	1 602 000	1 624 000
Total Equity	1 819 000	1 759 000	1 044 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	251 000	293 000	336 000
Creditors	0	12 000	0	1 000
Unpaid Taxes	58 000	155 000	84 000	130 000
Dividends	0	0	0	0
Other Current Debt	134 000	77 000	142 000	104 000
Total Current Debt	213 000	431 000	266 000	371 000
Total Equity and Debt	2 031 000	2 441 000	1 602 000	1 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,24 %	40,7 %	12,16 %	53,44 %
Debt-to-Equity Ratio	0	0,14	0,28	0,37
Operating Profit Margin	4,45 %	50,57 %	21,85 %	35,76 %
Current Ratio	9	5,24	5,08	3,5
Quick Ratio	9	5,24	5,08	3,5
Equity Ratio	0,9	0,72	0,65	0,56
Gross Profit Margin	100 %	100 %	100 %	99,94 %