NORTERO AS

0182 OSLO

Finances

Return on Equity

69,23 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 133 000	10 217 000	6 863 000	6 458 000
Net Income	7 055 000	2 358 000	1 180 000	1 573 000
Total Assets	13 666 000	6 793 000	2 663 000	3 054 000
Total Equity	10 190 000	3 135 000	1 177 000	397 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 133 000	10 217 000	6 863 000	6 458 000
Expenditure	4 400 000	7 214 000	5 407 000	4 443 000
Operating Profit	8 734 000	3 003 000	1 454 000	2 016 000
Financial Income	317 000	1 000	1 000	0
Financial Costs	5 000	1 000	0	1 000
Financial Balance	312 000	0	1 000	−1 000
Earnings Before Tax	9 046 000	3 004 000	1 455 000	2 015 000
Tax	1 991 000	646 000	276 000	443 000
Net Income	7 055 000	2 358 000	1 180 000	1 573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 828 000	1 367 000	298 000	153 000
Total Current Assets	1 839 000	5 425 000	2 365 000	2 901 000
Total Assets	13 666 000	6 793 000	2 663 000	3 054 000
Total Retained Equity	10 160 000	3 105 000	1 147 000	373 000
Total Equity	10 190 000	3 135 000	1 177 000	397 000
Total Long-Term Debt	1 541 000	4 000	9 000	8 000
Total Current Debt	1 935 000	3 653 000	1 478 000	2 649 000
Total Equity and Debt	13 666 000	6 793 000	2 663 000	3 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 095 000	10 217 000	6 863 000	6 458 000
Other Income	9 038 000	0	0	0
Revenue	13 133 000	10 217 000	6 863 000	6 458 000
Cost of Goods Sold	75 000	1 311 000	1 281 000	1 636 000
Salary Costs	3 040 000	5 216 000	3 569 000	2 415 000
Depreciation	146 000	74 000	50 000	14 000
Impairment	0	28 000	0	0
Expenditure	4 400 000	7 214 000	5 407 000	4 443 000
Operating Profit	8 734 000	3 003 000	1 454 000	2 016 000
Financial Income	317 000	1 000	1 000	0
Financial Costs	5 000	1 000	0	1 000
Financial Balance	312 000	0	1 000	−1 000
Dividends	0	400 000	400 000	1 200 000
Net Income	7 055 000	2 358 000	1 180 000	1 573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	31 000	31 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	308 000	211 000	167 000	153 000
Total Tangible Assets	308 000	211 000	167 000	153 000
Total Fiancial Fixed Assets	11 489 000	1 125 000	100 000	0
Total Fixed Assets	11 828 000	1 367 000	298 000	153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	839 000	3 275 000	1 547 000	2 331 000
Total Current Assets	1 839 000	5 425 000	2 365 000	2 901 000
Total Assets	13 666 000	6 793 000	2 663 000	3 054 000
Total Equity	10 190 000	3 135 000	1 177 000	397 000
Short-Term Group Debt	1 008 000	1 314 000	0	0
Total Long-Term Debt	1 541 000	4 000	9 000	8 000
Creditors	23 000	49 000	143 000	70 000
Unpaid Taxes	278 000	970 000	463 000	424 000
Dividends	0	400 000	400 000	1 200 000
Other Current Debt	394 000	560 000	408 000	521 000
Total Current Debt	1 935 000	3 653 000	1 478 000	2 649 000
Total Equity and Debt	13 666 000	6 793 000	2 663 000	3 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,23 %	75,22 %	100,25 %	396,22 %
Debt-to-Equity Ratio	0,15	0	0,01	0,02
Operating Profit Margin	66,5 %	29,39 %	21,19 %	31,22 %
Current Ratio	0,95	1,49	1,6	1,1
Quick Ratio	0,95	1,49	1,6	1,1
Equity Ratio	0,75	0,46	0,44	0,13
Gross Profit Margin	99,43 %	87,17 %	81,33 %	74,67 %