NIKITAS ENGINEERING AS

5354 STRAUME

Finances

Return on Equity

25,31 %

Current Ratio

4,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 856 000	1 498 000	738 000	1 565 000
Net Income	477 000	530 000	189 000	597 000
Total Assets	2 297 000	1 743 000	1 040 000	1 232 000
Total Equity	1 885 000	1 409 000	979 000	790 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 856 000	1 498 000	738 000	1 565 000
Expenditure	1 169 000	881 000	771 000	796 000
Operating Profit	686 000	617 000	−33 000	768 000
Financial Income	11 000	102 000	217 000	0
Financial Costs	70 000	54 000	2 000	3 000
Financial Balance	−59 000	48 000	215 000	−3 000
Earnings Before Tax	628 000	665 000	181 000	765 000
Tax	151 000	136 000	−7 000	168 000
Net Income	477 000	530 000	189 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 000	293 000	163 000	51 000
Total Current Assets	2 052 000	1 450 000	877 000	1 181 000
Total Assets	2 297 000	1 743 000	1 040 000	1 232 000
Total Retained Equity	1 855 000	1 379 000	949 000	760 000
Total Equity	1 885 000	1 409 000	979 000	790 000
Total Long-Term Debt	0	0	3 000	2 000
Total Current Debt	412 000	334 000	58 000	440 000
Total Equity and Debt	2 297 000	1 743 000	1 040 000	1 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 856 000	1 498 000	738 000	1 565 000
Other Income	0	0	0	0
Revenue	1 856 000	1 498 000	738 000	1 565 000
Cost of Goods Sold	230 000	18 000	13 000	117 000
Salary Costs	690 000	662 000	566 000	537 000
Depreciation	52 000	50 000	38 000	12 000
Impairment	0	0	0	0
Expenditure	1 169 000	881 000	771 000	796 000
Operating Profit	686 000	617 000	−33 000	768 000
Financial Income	11 000	102 000	217 000	0
Financial Costs	70 000	54 000	2 000	3 000
Financial Balance	−59 000	48 000	215 000	−3 000
Dividends	0	100 000	0	0
Net Income	477 000	530 000	189 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	132 000	163 000	51 000
Total Tangible Assets	80 000	132 000	163 000	51 000
Total Fiancial Fixed Assets	161 000	161 000	0	0
Total Fixed Assets	245 000	293 000	163 000	51 000
Stock	0	0	0	0
Total Investments	602 000	639 000	591 000	0
Cash, Bank	1 382 000	733 000	91 000	654 000
Total Current Assets	2 052 000	1 450 000	877 000	1 181 000
Total Assets	2 297 000	1 743 000	1 040 000	1 232 000
Total Equity	1 885 000	1 409 000	979 000	790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	2 000
Creditors	64 000	45 000	3 000	0
Unpaid Taxes	141 000	91 000	24 000	127 000
Dividends	0	100 000	0	0
Other Current Debt	52 000	60 000	31 000	146 000
Total Current Debt	412 000	334 000	58 000	440 000
Total Equity and Debt	2 297 000	1 743 000	1 040 000	1 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,31 %	37,62 %	19,31 %	75,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,96 %	41,19 %	−4,47 %	49,07 %
Current Ratio	4,98	4,34	15,12	2,68
Quick Ratio	4,98	4,34	15,12	2,68
Equity Ratio	0,82	0,81	0,94	0,64
Gross Profit Margin	87,61 %	98,8 %	98,24 %	92,52 %