NORSK TEKNISK ORTOPEDI AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

14,58 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 639 000	69 470 000	53 197 000	54 624 000
Net Income	3 273 000	5 086 000	2 684 000	2 202 000
Total Assets	36 023 000	38 247 000	28 389 000	24 548 000
Total Equity	22 448 000	24 175 000	19 089 000	16 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 639 000	69 470 000	53 197 000	54 624 000
Expenditure	61 467 000	62 944 000	49 776 000	51 783 000
Operating Profit	4 172 000	6 526 000	3 422 000	2 840 000
Financial Income	91 000	30 000	41 000	34 000
Financial Costs	63 000	22 000	20 000	38 000
Financial Balance	28 000	8 000	21 000	−4 000
Earnings Before Tax	4 200 000	6 534 000	3 443 000	2 836 000
Tax	926 000	1 448 000	759 000	635 000
Net Income	3 273 000	5 086 000	2 684 000	2 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 598 000	1 741 000	1 560 000	1 803 000
Total Current Assets	33 425 000	36 507 000	26 829 000	22 745 000
Total Assets	36 023 000	38 247 000	28 389 000	24 548 000
Total Retained Equity	22 148 000	23 875 000	18 789 000	16 105 000
Total Equity	22 448 000	24 175 000	19 089 000	16 405 000
Total Long-Term Debt	53 000	0	0	0
Total Current Debt	13 522 000	14 073 000	9 301 000	8 143 000
Total Equity and Debt	36 023 000	38 247 000	28 389 000	24 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 639 000	69 470 000	53 197 000	54 604 000
Other Income	0	0	0	20 000
Revenue	65 639 000	69 470 000	53 197 000	54 624 000
Cost of Goods Sold	29 593 000	33 776 000	22 571 000	26 066 000
Salary Costs	25 071 000	22 691 000	20 411 000	18 937 000
Depreciation	611 000	560 000	544 000	540 000
Impairment	0	0	0	0
Expenditure	61 467 000	62 944 000	49 776 000	51 783 000
Operating Profit	4 172 000	6 526 000	3 422 000	2 840 000
Financial Income	91 000	30 000	41 000	34 000
Financial Costs	63 000	22 000	20 000	38 000
Financial Balance	28 000	8 000	21 000	−4 000
Dividends	5 000 000	0	0	0
Net Income	3 273 000	5 086 000	2 684 000	2 202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	19 000	4 000
Real Eastate	418 000	450 000	406 000	548 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 180 000	1 268 000	1 136 000	1 252 000
Total Tangible Assets	2 598 000	1 718 000	1 542 000	1 799 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 598 000	1 741 000	1 560 000	1 803 000
Stock	15 808 000	12 754 000	11 470 000	7 387 000
Total Investments	0	0	0	0
Cash, Bank	6 047 000	12 216 000	10 106 000	9 477 000
Total Current Assets	33 425 000	36 507 000	26 829 000	22 745 000
Total Assets	36 023 000	38 247 000	28 389 000	24 548 000
Total Equity	22 448 000	24 175 000	19 089 000	16 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	0	0	0
Creditors	3 010 000	3 196 000	2 146 000	1 575 000
Unpaid Taxes	3 062 000	3 191 000	2 051 000	2 346 000
Dividends	5 000 000	0	0	0
Other Current Debt	6 599 000	6 234 000	4 330 000	3 575 000
Total Current Debt	13 522 000	14 073 000	9 301 000	8 143 000
Total Equity and Debt	36 023 000	38 247 000	28 389 000	24 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,58 %	21,04 %	14,06 %	13,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,36 %	9,39 %	6,43 %	5,2 %
Current Ratio	2,47	2,59	2,88	2,79
Quick Ratio	−14,62	27,68	−12,37	30,09
Equity Ratio	0,62	0,63	0,67	0,67
Gross Profit Margin	54,92 %	51,38 %	57,57 %	52,28 %