INSTEK AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

14,53 %

Current Ratio

4,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 251 000	6 081 000	5 741 000	8 375 000
Net Income	848 000	1 024 000	908 000	1 459 000
Total Assets	7 533 000	6 738 000	5 869 000	5 347 000
Total Equity	5 836 000	4 757 000	3 437 000	2 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 251 000	6 081 000	5 741 000	8 375 000
Expenditure	5 151 000	4 760 000	4 512 000	6 429 000
Operating Profit	1 100 000	1 321 000	1 229 000	1 946 000
Financial Income	19 000	14 000	27 000	9 000
Financial Costs	19 000	15 000	29 000	64 000
Financial Balance	0	−1 000	−2 000	−55 000
Earnings Before Tax	1 100 000	1 320 000	1 227 000	1 891 000
Tax	252 000	296 000	319 000	431 000
Net Income	848 000	1 024 000	908 000	1 459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	203 000	263 000	319 000
Total Current Assets	7 390 000	6 535 000	5 606 000	5 027 000
Total Assets	7 533 000	6 738 000	5 869 000	5 347 000
Total Retained Equity	120 000	90 000	116 000	340 000
Total Equity	5 836 000	4 757 000	3 437 000	2 210 000
Total Long-Term Debt	0	120 000	163 000	0
Total Current Debt	1 697 000	1 861 000	2 269 000	3 137 000
Total Equity and Debt	7 533 000	6 738 000	5 869 000	5 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 251 000	6 057 000	5 660 000	8 375 000
Other Income	0	24 000	81 000	0
Revenue	6 251 000	6 081 000	5 741 000	8 375 000
Cost of Goods Sold	1 854 000	1 407 000	1 325 000	2 949 000
Salary Costs	1 431 000	1 756 000	1 709 000	1 943 000
Depreciation	85 000	81 000	73 000	30 000
Impairment	0	0	0	0
Expenditure	5 151 000	4 760 000	4 512 000	6 429 000
Operating Profit	1 100 000	1 321 000	1 229 000	1 946 000
Financial Income	19 000	14 000	27 000	9 000
Financial Costs	19 000	15 000	29 000	64 000
Financial Balance	0	−1 000	−2 000	−55 000
Dividends	0	0	0	0
Net Income	848 000	1 024 000	908 000	1 459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	142 000	203 000	263 000	319 000
Total Tangible Assets	142 000	203 000	263 000	319 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	142 000	203 000	263 000	319 000
Stock	835 000	876 000	672 000	379 000
Total Investments	0	0	0	0
Cash, Bank	3 810 000	2 938 000	2 640 000	2 494 000
Total Current Assets	7 390 000	6 535 000	5 606 000	5 027 000
Total Assets	7 533 000	6 738 000	5 869 000	5 347 000
Total Equity	5 836 000	4 757 000	3 437 000	2 210 000
Short-Term Group Debt	1 049 000	1 346 000	1 612 000	2 176 000
Total Long-Term Debt	0	120 000	163 000	0
Creditors	65 000	52 000	305 000	576 000
Unpaid Taxes	344 000	264 000	159 000	176 000
Dividends	0	0	0	0
Other Current Debt	218 000	199 000	193 000	209 000
Total Current Debt	1 697 000	1 861 000	2 269 000	3 137 000
Total Equity and Debt	7 533 000	6 738 000	5 869 000	5 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,53 %	21,53 %	26,42 %	66,02 %
Debt-to-Equity Ratio	0	0,03	0,05	0
Operating Profit Margin	17,6 %	21,72 %	21,41 %	23,24 %
Current Ratio	4,35	3,51	2,47	1,6
Quick Ratio	8,57	6,63	3,51	1,82
Equity Ratio	0,77	0,71	0,59	0,41
Gross Profit Margin	70,34 %	76,86 %	76,92 %	64,79 %