NOFITECH HOLDING AS

7010 TRONDHEIM

Finances

Return on Equity

17,43 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	807 739 000	484 056 000	182 633 000	15 966 000
Net Income	23 873 000	24 724 000	17 277 000	−15 262 000
Total Assets	335 933 000	695 096 000	258 241 000	76 762 000
Total Equity	136 960 000	111 716 000	105 288 000	73 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	807 739 000	484 056 000	182 633 000	15 966 000
Expenditure	769 773 000	448 230 000	157 335 000	33 596 000
Operating Profit	37 965 000	35 827 000	25 298 000	−17 629 000
Financial Income	4 974 000	2 078 000	1 275 000	53 000
Financial Costs	9 316 000	3 433 000	1 756 000	99 000
Financial Balance	−4 342 000	−1 355 000	−481 000	−46 000
Earnings Before Tax	33 622 000	34 472 000	24 816 000	−17 675 000
Tax	9 750 000	9 747 000	7 540 000	−2 413 000
Net Income	23 873 000	24 724 000	17 277 000	−15 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 963 000	111 859 000	103 310 000	68 216 000
Total Current Assets	231 970 000	583 237 000	154 931 000	8 546 000
Total Assets	335 933 000	695 096 000	258 241 000	76 762 000
Total Retained Equity	135 658 000	0	0	0
Total Equity	136 960 000	111 716 000	105 288 000	73 200 000
Total Long-Term Debt	61 770 000	13 249 000	37 875 000	110 000
Total Current Debt	137 202 000	570 132 000	115 078 000	3 452 000
Total Equity and Debt	335 933 000	695 096 000	258 241 000	76 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	807 739 000	482 848 000	182 607 000	15 966 000
Other Income	0	1 208 000	26 000	0
Revenue	807 739 000	484 056 000	182 633 000	15 966 000
Cost of Goods Sold	623 731 000	349 868 000	108 624 000	6 929 000
Salary Costs	95 794 000	63 284 000	24 516 000	10 533 000
Depreciation	17 507 000	13 468 000	11 243 000	8 499 000
Impairment	0	0	0	0
Expenditure	769 773 000	448 230 000	157 335 000	33 596 000
Operating Profit	37 965 000	35 827 000	25 298 000	−17 629 000
Financial Income	4 974 000	2 078 000	1 275 000	53 000
Financial Costs	9 316 000	3 433 000	1 756 000	99 000
Financial Balance	−4 342 000	−1 355 000	−481 000	−46 000
Dividends	0	0	0	0
Net Income	23 873 000	24 724 000	17 277 000	−15 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	69 285 000	81 162 000	93 039 000	65 148 000
Total Intangible Assets	85 742 000	95 377 000	93 900 000	66 721 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	217 000
Fixtures	17 722 000	14 284 000	6 361 000	724 000
Total Tangible Assets	17 722 000	14 284 000	6 361 000	941 000
Total Fiancial Fixed Assets	499 000	2 197 000	3 049 000	554 000
Total Fixed Assets	103 963 000	111 859 000	103 310 000	68 216 000
Stock	20 366 000	7 839 000	9 117 000	175 000
Total Investments	0	0	0	0
Cash, Bank	54 728 000	231 976 000	126 096 000	2 495 000
Total Current Assets	231 970 000	583 237 000	154 931 000	8 546 000
Total Assets	335 933 000	695 096 000	258 241 000	76 762 000
Total Equity	136 960 000	111 716 000	105 288 000	73 200 000
Short-Term Group Debt	1 274 000	0	0	0
Total Long-Term Debt	61 770 000	13 249 000	37 875 000	110 000
Creditors	53 278 000	37 377 000	14 579 000	1 449 000
Unpaid Taxes	7 463 000	21 317 000	2 316 000	1 206 000
Dividends	0	0	0	0
Other Current Debt	73 109 000	507 139 000	94 576 000	797 000
Total Current Debt	137 202 000	570 132 000	115 078 000	3 452 000
Total Equity and Debt	335 933 000	695 096 000	258 241 000	76 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,43 %	22,13 %	16,41 %	−20,85 %
Debt-to-Equity Ratio	0,45	0,12	0,36	0
Operating Profit Margin	4,7 %	7,4 %	13,85 %	−110,42 %
Current Ratio	1,69	1,02	1,35	2,48
Quick Ratio	1,99	1,04	1,46	2,61
Equity Ratio	0,41	0,16	0,41	0,95
Gross Profit Margin	22,78 %	27,72 %	40,52 %	56,6 %