NOTECH AS

3221 SANDEFJORD

Finances

Share Ownership

Return on Equity

108,81 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 465 000	85 271 000	85 821 000	101 910 000
Net Income	22 076 000	4 316 000	9 007 000	8 398 000
Total Assets	76 821 000	38 048 000	44 587 000	44 126 000
Total Equity	20 288 000	10 213 000	10 897 000	10 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 465 000	85 271 000	85 821 000	101 910 000
Expenditure	144 037 000	79 735 000	74 423 000	90 998 000
Operating Profit	28 428 000	5 536 000	11 398 000	10 912 000
Financial Income	7 000	0	15 000	18 000
Financial Costs	141 000	102 000	159 000	144 000
Financial Balance	−134 000	−102 000	−144 000	−126 000
Earnings Before Tax	28 294 000	5 434 000	11 253 000	10 786 000
Tax	6 219 000	1 118 000	2 246 000	2 388 000
Net Income	22 076 000	4 316 000	9 007 000	8 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 873 000	1 362 000	1 203 000	1 086 000
Total Current Assets	73 948 000	36 687 000	43 385 000	43 040 000
Total Assets	76 821 000	38 048 000	44 587 000	44 126 000
Total Retained Equity	20 088 000	10 013 000	10 697 000	10 000 000
Total Equity	20 288 000	10 213 000	10 897 000	10 200 000
Total Long-Term Debt	0	381 000	7 499 000	9 256 000
Total Current Debt	56 532 000	27 454 000	26 192 000	24 670 000
Total Equity and Debt	76 821 000	38 048 000	44 587 000	44 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 465 000	85 268 000	85 821 000	101 906 000
Other Income	0	3 000	0	4 000
Revenue	172 465 000	85 271 000	85 821 000	101 910 000
Cost of Goods Sold	65 788 000	31 498 000	26 089 000	28 922 000
Salary Costs	58 550 000	37 769 000	37 172 000	48 445 000
Depreciation	494 000	280 000	290 000	272 000
Impairment	0	0	0	0
Expenditure	144 037 000	79 735 000	74 423 000	90 998 000
Operating Profit	28 428 000	5 536 000	11 398 000	10 912 000
Financial Income	7 000	0	15 000	18 000
Financial Costs	141 000	102 000	159 000	144 000
Financial Balance	−134 000	−102 000	−144 000	−126 000
Dividends	12 000 000	5 000 000	8 000 000	7 000 000
Net Income	22 076 000	4 316 000	9 007 000	8 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	441 000	101 000	167 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 236 000	1 062 000	817 000	847 000
Total Tangible Assets	2 236 000	1 062 000	817 000	847 000
Total Fiancial Fixed Assets	196 000	199 000	218 000	239 000
Total Fixed Assets	2 873 000	1 362 000	1 203 000	1 086 000
Stock	0	278 000	278 000	278 000
Total Investments	0	0	0	0
Cash, Bank	20 460 000	11 127 000	19 047 000	21 205 000
Total Current Assets	73 948 000	36 687 000	43 385 000	43 040 000
Total Assets	76 821 000	38 048 000	44 587 000	44 126 000
Total Equity	20 288 000	10 213 000	10 897 000	10 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	381 000	7 499 000	9 256 000
Creditors	8 298 000	2 413 000	1 038 000	1 711 000
Unpaid Taxes	11 938 000	5 406 000	8 429 000	6 564 000
Dividends	12 000 000	5 000 000	8 000 000	7 000 000
Other Current Debt	29 823 000	18 944 000	14 740 000	14 582 000
Total Current Debt	56 532 000	27 454 000	26 192 000	24 670 000
Total Equity and Debt	76 821 000	38 048 000	44 587 000	44 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,81 %	42,26 %	82,66 %	82,33 %
Debt-to-Equity Ratio	0	0,04	0,69	0,91
Operating Profit Margin	16,48 %	6,49 %	13,28 %	10,71 %
Current Ratio	1,31	1,34	1,66	1,74
Quick Ratio	1,31	1,35	1,67	1,76
Equity Ratio	0,26	0,27	0,24	0,23
Gross Profit Margin	61,85 %	63,06 %	69,6 %	71,62 %