ZENITEC AS

1788 HALDEN

Finances

Share Ownership

Return on Equity

101,89 %

Current Ratio

2,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	901 000	1 280 000	517 000	281 000
Net Income	269 000	179 000	−57 000	−201 000
Total Assets	384 000	291 000	263 000	221 000
Total Equity	264 000	−6 000	−185 000	−128 000

Income (NOK)	2022	2021	2020	2019
Revenue	901 000	1 280 000	517 000	281 000
Expenditure	558 000	1 056 000	591 000	538 000
Operating Profit	344 000	224 000	−74 000	−257 000
Financial Income	2 000	6 000	1 000	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	1 000	5 000	0	0
Earnings Before Tax	345 000	228 000	−74 000	−258 000
Tax	76 000	49 000	−16 000	−57 000
Net Income	269 000	179 000	−57 000	−201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	77 000	84 000	74 000
Total Current Assets	347 000	214 000	179 000	147 000
Total Assets	384 000	291 000	263 000	221 000
Total Retained Equity	239 000	−30 000	−209 000	−152 000
Total Equity	264 000	−6 000	−185 000	−128 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	119 000	297 000	448 000	349 000
Total Equity and Debt	384 000	291 000	263 000	221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	901 000	1 280 000	517 000	281 000
Other Income	0	0	0	0
Revenue	901 000	1 280 000	517 000	281 000
Cost of Goods Sold	225 000	621 000	368 000	343 000
Salary Costs	0	0	0	0
Depreciation	16 000	9 000	6 000	0
Impairment	0	0	0	0
Expenditure	558 000	1 056 000	591 000	538 000
Operating Profit	344 000	224 000	−74 000	−257 000
Financial Income	2 000	6 000	1 000	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	1 000	5 000	0	0
Dividends	0	0	0	0
Net Income	269 000	179 000	−57 000	−201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	73 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	53 000	11 000	17 000
Total Tangible Assets	37 000	53 000	11 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	77 000	84 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	107 000	136 000	114 000
Total Current Assets	347 000	214 000	179 000	147 000
Total Assets	384 000	291 000	263 000	221 000
Total Equity	264 000	−6 000	−185 000	−128 000
Short-Term Group Debt	29 000	129 000	139 000	84 000
Total Long-Term Debt	1 000	0	0	0
Creditors	57 000	87 000	32 000	81 000
Unpaid Taxes	21 000	−35 000	−2 000	−3 000
Dividends	0	0	0	0
Other Current Debt	−37 000	116 000	279 000	188 000
Total Current Debt	119 000	297 000	448 000	349 000
Total Equity and Debt	384 000	291 000	263 000	221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,89 %	−2 983,33 %	30,81 %	157,03 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	38,18 %	17,5 %	−14,31 %	−91,46 %
Current Ratio	2,92	0,72	0,4	0,42
Quick Ratio	2,92	0,72	0,4	0,42
Equity Ratio	0,69	−0,02	−0,7	−0,58
Gross Profit Margin	75,03 %	51,48 %	28,82 %	−22,06 %