NORTH TECH FINNMARKSVEIEN AS

9602 HAMMERFEST

Finances

Share Ownership

Return on Equity

7,79 %

Current Ratio

46,6

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 342 000	976 000	1 250 000
Net Income	458 000	619 000	298 000	474 000
Total Assets	19 358 000	19 637 000	19 486 000	13 744 000
Total Equity	5 877 000	5 419 000	4 882 000	4 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 342 000	976 000	1 250 000
Expenditure	368 000	367 000	310 000	258 000
Operating Profit	882 000	976 000	667 000	992 000
Financial Income	215 000	213 000	105 000	0
Financial Costs	505 000	393 000	410 000	387 000
Financial Balance	−290 000	−180 000	−305 000	−387 000
Earnings Before Tax	592 000	796 000	362 000	605 000
Tax	134 000	178 000	64 000	131 000
Net Income	458 000	619 000	298 000	474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 716 000	11 981 000	12 247 000	7 772 000
Total Current Assets	7 643 000	7 656 000	7 239 000	5 971 000
Total Assets	19 358 000	19 637 000	19 486 000	13 744 000
Total Retained Equity	1 578 000	1 120 000	583 000	510 000
Total Equity	5 877 000	5 419 000	4 882 000	4 809 000
Total Long-Term Debt	13 318 000	13 939 000	14 602 000	8 293 000
Total Current Debt	164 000	280 000	2 000	642 000
Total Equity and Debt	19 358 000	19 637 000	19 486 000	13 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 250 000	1 342 000	976 000	1 250 000
Revenue	1 250 000	1 342 000	976 000	1 250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	266 000	266 000	187 000	162 000
Impairment	0	0	0	0
Expenditure	368 000	367 000	310 000	258 000
Operating Profit	882 000	976 000	667 000	992 000
Financial Income	215 000	213 000	105 000	0
Financial Costs	505 000	393 000	410 000	387 000
Financial Balance	−290 000	−180 000	−305 000	−387 000
Dividends	0	0	0	0
Net Income	458 000	619 000	298 000	474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 716 000	11 981 000	12 247 000	7 772 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 716 000	11 981 000	12 247 000	7 772 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 716 000	11 981 000	12 247 000	7 772 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	119 000	171 000	78 000
Total Current Assets	7 643 000	7 656 000	7 239 000	5 971 000
Total Assets	19 358 000	19 637 000	19 486 000	13 744 000
Total Equity	5 877 000	5 419 000	4 882 000	4 809 000
Short-Term Group Debt	0	105 000	0	0
Total Long-Term Debt	13 318 000	13 939 000	14 602 000	8 293 000
Creditors	6 000	6 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	14 000	0	642 000
Total Current Debt	164 000	280 000	2 000	642 000
Total Equity and Debt	19 358 000	19 637 000	19 486 000	13 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,79 %	11,42 %	6,1 %	9,86 %
Debt-to-Equity Ratio	2,27	2,57	2,99	1,72
Operating Profit Margin	70,56 %	72,73 %	68,34 %	79,36 %
Current Ratio	46,6	27,34	3 619,5	9,3
Quick Ratio	46,6	27,34	3 619,5	9,3
Equity Ratio	0,3	0,28	0,25	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %