NOFITEK AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

9,22 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 615 000	14 300 000	16 472 000	15 307 000
Net Income	235 000	76 000	145 000	−270 000
Total Assets	5 331 000	4 886 000	5 115 000	5 398 000
Total Equity	2 550 000	2 416 000	2 340 000	2 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 615 000	14 300 000	16 472 000	15 307 000
Expenditure	13 240 000	14 178 000	16 221 000	15 609 000
Operating Profit	375 000	122 000	252 000	−302 000
Financial Income	6 000	13 000	7 000	15 000
Financial Costs	76 000	35 000	73 000	76 000
Financial Balance	−70 000	−22 000	−66 000	−61 000
Earnings Before Tax	305 000	99 000	186 000	−364 000
Tax	70 000	23 000	41 000	−94 000
Net Income	235 000	76 000	145 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	414 000	506 000	616 000
Total Current Assets	4 921 000	4 471 000	4 609 000	4 781 000
Total Assets	5 331 000	4 886 000	5 115 000	5 398 000
Total Retained Equity	2 450 000	2 316 000	2 240 000	2 095 000
Total Equity	2 550 000	2 416 000	2 340 000	2 195 000
Total Long-Term Debt	18 000	0	0	0
Total Current Debt	2 763 000	2 470 000	2 776 000	3 203 000
Total Equity and Debt	5 331 000	4 886 000	5 115 000	5 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 615 000	14 286 000	16 472 000	15 158 000
Other Income	0	14 000	0	149 000
Revenue	13 615 000	14 300 000	16 472 000	15 307 000
Cost of Goods Sold	9 019 000	9 765 000	12 093 000	10 612 000
Salary Costs	2 202 000	2 168 000	2 095 000	2 534 000
Depreciation	75 000	69 000	69 000	56 000
Impairment	0	0	0	0
Expenditure	13 240 000	14 178 000	16 221 000	15 609 000
Operating Profit	375 000	122 000	252 000	−302 000
Financial Income	6 000	13 000	7 000	15 000
Financial Costs	76 000	35 000	73 000	76 000
Financial Balance	−70 000	−22 000	−66 000	−61 000
Dividends	100 000	0	0	0
Net Income	235 000	76 000	145 000	−270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	30 000	53 000	94 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	94 000	0	0	0
Fixtures	315 000	385 000	454 000	523 000
Total Tangible Assets	410 000	385 000	454 000	523 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	414 000	506 000	616 000
Stock	2 732 000	2 677 000	2 593 000	2 641 000
Total Investments	0	0	0	0
Cash, Bank	94 000	97 000	98 000	146 000
Total Current Assets	4 921 000	4 471 000	4 609 000	4 781 000
Total Assets	5 331 000	4 886 000	5 115 000	5 398 000
Total Equity	2 550 000	2 416 000	2 340 000	2 195 000
Short-Term Group Debt	100 000	0	0	0
Total Long-Term Debt	18 000	0	0	0
Creditors	888 000	1 250 000	1 619 000	1 611 000
Unpaid Taxes	481 000	322 000	381 000	471 000
Dividends	100 000	0	0	0
Other Current Debt	252 000	245 000	223 000	1 120 000
Total Current Debt	2 763 000	2 470 000	2 776 000	3 203 000
Total Equity and Debt	5 331 000	4 886 000	5 115 000	5 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,22 %	3,15 %	6,2 %	−12,3 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	2,75 %	0,85 %	1,53 %	−1,97 %
Current Ratio	1,78	1,81	1,66	1,49
Quick Ratio	158,74	−21,6	25,19	8,51
Equity Ratio	0,48	0,49	0,46	0,41
Gross Profit Margin	33,76 %	31,71 %	26,58 %	30,67 %