NAVTRONIC A/S

4014 STAVANGER

Finances

Share Ownership

Return on Equity

31,72 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 095 000	7 258 000	5 952 000	6 733 000
Net Income	880 000	1 232 000	951 000	1 033 000
Total Assets	4 987 000	5 210 000	4 045 000	3 968 000
Total Equity	2 774 000	2 694 000	2 662 000	2 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 095 000	7 258 000	5 952 000	6 733 000
Expenditure	4 970 000	5 680 000	4 733 000	5 409 000
Operating Profit	1 127 000	1 577 000	1 220 000	1 324 000
Financial Income	2 000	3 000	1 000	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	1 000	3 000	0	0
Earnings Before Tax	1 128 000	1 579 000	1 219 000	1 325 000
Tax	248 000	347 000	268 000	291 000
Net Income	880 000	1 232 000	951 000	1 033 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	372 000	437 000	503 000	15 000
Total Current Assets	4 616 000	4 772 000	3 542 000	3 953 000
Total Assets	4 987 000	5 210 000	4 045 000	3 968 000
Total Retained Equity	2 674 000	2 594 000	2 562 000	2 111 000
Total Equity	2 774 000	2 694 000	2 662 000	2 211 000
Total Long-Term Debt	43 000	45 000	41 000	0
Total Current Debt	2 170 000	2 471 000	1 343 000	1 757 000
Total Equity and Debt	4 987 000	5 210 000	4 045 000	3 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 095 000	7 257 000	5 762 000	6 733 000
Other Income	0	1 000	190 000	0
Revenue	6 095 000	7 258 000	5 952 000	6 733 000
Cost of Goods Sold	2 514 000	3 318 000	2 493 000	3 360 000
Salary Costs	1 641 000	1 564 000	1 470 000	1 342 000
Depreciation	66 000	66 000	23 000	84 000
Impairment	0	0	0	0
Expenditure	4 970 000	5 680 000	4 733 000	5 409 000
Operating Profit	1 127 000	1 577 000	1 220 000	1 324 000
Financial Income	2 000	3 000	1 000	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	1 000	3 000	0	0
Dividends	800 000	1 200 000	500 000	500 000
Net Income	880 000	1 232 000	951 000	1 033 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	372 000	437 000	503 000	0
Total Tangible Assets	372 000	437 000	503 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	372 000	437 000	503 000	15 000
Stock	262 000	237 000	219 000	160 000
Total Investments	0	0	0	0
Cash, Bank	2 542 000	3 597 000	2 519 000	2 017 000
Total Current Assets	4 616 000	4 772 000	3 542 000	3 953 000
Total Assets	4 987 000	5 210 000	4 045 000	3 968 000
Total Equity	2 774 000	2 694 000	2 662 000	2 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 000	45 000	41 000	0
Creditors	762 000	610 000	114 000	705 000
Unpaid Taxes	185 000	143 000	161 000	97 000
Dividends	800 000	1 200 000	500 000	500 000
Other Current Debt	173 000	175 000	354 000	154 000
Total Current Debt	2 170 000	2 471 000	1 343 000	1 757 000
Total Equity and Debt	4 987 000	5 210 000	4 045 000	3 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,72 %	45,73 %	35,73 %	46,72 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0
Operating Profit Margin	18,49 %	21,73 %	20,5 %	19,66 %
Current Ratio	2,13	1,93	2,64	2,25
Quick Ratio	2,42	2,14	3,15	2,48
Equity Ratio	0,56	0,52	0,66	0,56
Gross Profit Margin	58,75 %	54,28 %	58,11 %	50,1 %