AVNET NORTEC AS

1383 ASKER

Finances

Share Ownership

Return on Equity

11,18 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	310 970 000	197 043 000	206 920 000	23 485 000
Net Income	6 558 000	3 450 000	4 509 000	3 730 000
Total Assets	105 685 000	78 190 000	72 259 000	60 372 000
Total Equity	58 678 000	52 120 000	48 670 000	44 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	310 970 000	197 043 000	206 920 000	23 485 000
Expenditure	302 966 000	191 624 000	19 364 000	18 191 000
Operating Profit	8 004 000	5 419 000	5 452 000	5 294 000
Financial Income	401 000	29 000	552 000	−177 000
Financial Costs	−13 000	1 019 000	190 000	267 000
Financial Balance	414 000	−990 000	362 000	−444 000
Earnings Before Tax	8 418 000	4 429 000	5 814 000	4 850 000
Tax	1 860 000	979 000	1 305 000	1 120 000
Net Income	6 558 000	3 450 000	4 509 000	3 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	53 000	72 000	78 000
Total Current Assets	105 608 000	78 137 000	72 187 000	60 294 000
Total Assets	105 685 000	78 190 000	72 259 000	60 372 000
Total Retained Equity	56 222 000	49 664 000	0	0
Total Equity	58 678 000	52 120 000	48 670 000	44 161 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	47 007 000	26 070 000	23 589 000	16 211 000
Total Equity and Debt	105 685 000	78 190 000	72 259 000	60 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 970 000	197 043 000	206 920 000	23 485 000
Other Income	0	0	0	0
Revenue	310 970 000	197 043 000	206 920 000	23 485 000
Cost of Goods Sold	284 065 000	174 979 000	0	0
Salary Costs	11 797 000	10 287 000	11 587 000	11 340 000
Depreciation	30 000	40 000	61 000	98 000
Impairment	0	0	0	0
Expenditure	302 966 000	191 624 000	19 364 000	18 191 000
Operating Profit	8 004 000	5 419 000	5 452 000	5 294 000
Financial Income	401 000	29 000	552 000	−177 000
Financial Costs	−13 000	1 019 000	190 000	267 000
Financial Balance	414 000	−990 000	362 000	−444 000
Dividends	0	0	0	0
Net Income	6 558 000	3 450 000	4 509 000	3 730 000

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	72 000	48 000	72 000	78 000
Total Tangible Assets	72 000	48 000	72 000	78 000
Total Fiancial Fixed Assets	5 000	5 000	0	0
Total Fixed Assets	77 000	53 000	72 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 607 000	2 932 000	1 096 000	5 553 000
Total Current Assets	105 608 000	78 137 000	72 187 000	60 294 000
Total Assets	105 685 000	78 190 000	72 259 000	60 372 000
Total Equity	58 678 000	52 120 000	48 670 000	44 161 000
Short-Term Group Debt	31 274 000	15 000 000	11 489 000	5 885 000
Total Long-Term Debt	0	0	0	0
Creditors	97 000	43 000	114 000	264 000
Unpaid Taxes	170 000	908 000	970 000	779 000
Dividends	0	0	0	0
Other Current Debt	13 932 000	8 955 000	9 709 000	8 163 000
Total Current Debt	47 007 000	26 070 000	23 589 000	16 211 000
Total Equity and Debt	105 685 000	78 190 000	72 259 000	60 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,18 %	6,62 %	9,26 %	8,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,57 %	2,75 %	2,63 %	22,54 %
Current Ratio	2,25	3	3,06	3,72
Quick Ratio	2,25	3	3,06	3,72
Equity Ratio	0,56	0,67	0,67	0,73
Gross Profit Margin	8,65 %	11,2 %	100 %	100 %