NORTEK SOLUTIONS AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−36,3 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	7 663 000	14 052 000	1 790 000
Net Income	−204 000	2 066 000	−1 331 000
Total Assets	2 039 000	5 625 000	1 013 000
Total Equity	562 000	765 000	−1 301 000

Income (NOK)	2022	2021	2020
Revenue	7 663 000	14 052 000	1 790 000
Expenditure	7 888 000	11 749 000	3 121 000
Operating Profit	−226 000	2 302 000	−1 331 000
Financial Income	6 000	36 000	0
Financial Costs	2 000	63 000	0
Financial Balance	4 000	−27 000	0
Earnings Before Tax	−221 000	2 275 000	−1 331 000
Tax	−17 000	209 000	0
Net Income	−204 000	2 066 000	−1 331 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	93 000	67 000	59 000
Total Current Assets	1 945 000	5 558 000	953 000
Total Assets	2 039 000	5 625 000	1 013 000
Total Retained Equity	532 000	735 000	−1 331 000
Total Equity	562 000	765 000	−1 301 000
Total Long-Term Debt	0	17 000	0
Total Current Debt	1 477 000	4 842 000	2 314 000
Total Equity and Debt	2 039 000	5 625 000	1 013 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 663 000	14 052 000	1 790 000
Other Income	0	0	0
Revenue	7 663 000	14 052 000	1 790 000
Cost of Goods Sold	1 031 000	5 389 000	206 000
Salary Costs	5 533 000	5 189 000	2 445 000
Depreciation	40 000	27 000	12 000
Impairment	0	0	0
Expenditure	7 888 000	11 749 000	3 121 000
Operating Profit	−226 000	2 302 000	−1 331 000
Financial Income	6 000	36 000	0
Financial Costs	2 000	63 000	0
Financial Balance	4 000	−27 000	0
Dividends	0	0	0
Net Income	−204 000	2 066 000	−1 331 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	93 000	67 000	59 000
Total Tangible Assets	93 000	67 000	59 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	93 000	67 000	59 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	407 000	989 000	698 000
Total Current Assets	1 945 000	5 558 000	953 000
Total Assets	2 039 000	5 625 000	1 013 000
Total Equity	562 000	765 000	−1 301 000
Short-Term Group Debt	0	732 000	1 682 000
Total Long-Term Debt	0	17 000	0
Creditors	13 000	2 698 000	66 000
Unpaid Taxes	520 000	393 000	321 000
Dividends	0	0	0
Other Current Debt	944 000	827 000	245 000
Total Current Debt	1 477 000	4 842 000	2 314 000
Total Equity and Debt	2 039 000	5 625 000	1 013 000

Financial indicators	2022	2021	2020
Return on Equity	−36,3 %	270,07 %	102,31 %
Debt-to-Equity Ratio	0	0,02	−0
Operating Profit Margin	−2,95 %	16,38 %	−74,36 %
Current Ratio	1,32	1,15	0,41
Quick Ratio	1,32	1,15	0,41
Equity Ratio	0,28	0,14	−1,28
Gross Profit Margin	86,55 %	61,65 %	88,49 %