CORTEX AS

1383 ASKER

Finances

Return on Equity

5,22 %

Current Ratio

3,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	440 725 000	462 827 000	367 473 000	281 248 000
Net Income	34 217 000	58 154 000	34 936 000	−11 597 000
Total Assets	858 738 000	769 664 000	490 456 000	532 963 000
Total Equity	655 041 000	661 175 000	327 320 000	312 154 000

Income (NOK)	2022	2021	2020	2019
Revenue	440 725 000	462 827 000	367 473 000	281 248 000
Expenditure	460 613 000	432 362 000	351 405 000	290 945 000
Operating Profit	−19 888 000	30 465 000	16 068 000	−9 697 000
Financial Income	54 364 000	89 703 000	84 358 000	46 728 000
Financial Costs	933 000	55 913 000	62 490 000	50 517 000
Financial Balance	53 431 000	33 790 000	21 868 000	−3 789 000
Earnings Before Tax	33 543 000	64 255 000	37 936 000	−13 486 000
Tax	−674 000	6 101 000	3 000 000	−1 889 000
Net Income	34 217 000	58 154 000	34 936 000	−11 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 697 000	93 719 000	110 201 000	121 841 000
Total Current Assets	722 041 000	675 945 000	380 255 000	411 122 000
Total Assets	858 738 000	769 664 000	490 456 000	532 963 000
Total Retained Equity	640 518 000	646 652 000	312 797 000	297 631 000
Total Equity	655 041 000	661 175 000	327 320 000	312 154 000
Total Long-Term Debt	1 133 000	2 400 000	14 700 000	20 293 000
Total Current Debt	202 566 000	106 089 000	148 434 000	200 516 000
Total Equity and Debt	858 740 000	769 664 000	490 454 000	532 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	440 409 000	457 700 000	367 000 000	280 640 000
Other Income	316 000	5 127 000	473 000	608 000
Revenue	440 725 000	462 827 000	367 473 000	281 248 000
Cost of Goods Sold	218 844 000	233 700 000	174 500 000	119 190 000
Salary Costs	133 084 000	124 850 000	111 627 000	105 375 000
Depreciation	18 249 000	8 800 000	8 471 000	7 336 000
Impairment	0	0	0	64 000
Expenditure	460 613 000	432 362 000	351 405 000	290 945 000
Operating Profit	−19 888 000	30 465 000	16 068 000	−9 697 000
Financial Income	54 364 000	89 703 000	84 358 000	46 728 000
Financial Costs	933 000	55 913 000	62 490 000	50 517 000
Financial Balance	53 431 000	33 790 000	21 868 000	−3 789 000
Dividends	0	0	0	0
Net Income	34 217 000	58 154 000	34 936 000	−11 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 061 000	8 100 000	10 200 000	21 229 000
Total Intangible Assets	82 796 000	45 920 000	48 014 000	44 811 000
Real Eastate	41 274 000	32 877 000	41 858 000	50 598 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 649 000	4 600 000	5 800 000	7 491 000
Total Tangible Assets	44 923 000	37 477 000	47 658 000	58 089 000
Total Fiancial Fixed Assets	8 978 000	10 322 000	14 529 000	18 941 000
Total Fixed Assets	136 697 000	93 719 000	110 201 000	121 841 000
Stock	43 296 000	45 100 000	27 300 000	20 940 000
Total Investments	342 725 000	392 994 000	158 119 000	126 613 000
Cash, Bank	171 871 000	84 830 000	53 218 000	142 060 000
Total Current Assets	722 041 000	675 945 000	380 255 000	411 122 000
Total Assets	858 738 000	769 664 000	490 456 000	532 963 000
Total Equity	655 041 000	661 175 000	327 320 000	312 154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 133 000	2 400 000	14 700 000	20 293 000
Creditors	30 461 000	28 700 000	21 900 000	17 819 000
Unpaid Taxes	20 126 000	6 813 000	8 928 000	5 876 000
Dividends	0	0	0	0
Other Current Debt	114 941 000	53 769 000	73 491 000	90 299 000
Total Current Debt	202 566 000	106 089 000	148 434 000	200 516 000
Total Equity and Debt	858 740 000	769 664 000	490 454 000	532 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,22 %	8,8 %	10,67 %	−3,72 %
Debt-to-Equity Ratio	0	0	0,04	0,07
Operating Profit Margin	−4,51 %	6,58 %	4,37 %	−3,45 %
Current Ratio	3,56	6,37	2,56	2,05
Quick Ratio	4,53	11,08	3,14	2,29
Equity Ratio	0,76	0,86	0,67	0,59
Gross Profit Margin	50,34 %	49,51 %	52,51 %	57,62 %