COLORTEC AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

63,68 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 004 000	2 108 000	1 807 000	1 607 000
Net Income	−370 000	−159 000	337 000	−402 000
Total Assets	829 000	540 000	616 000	370 000
Total Equity	−581 000	−211 000	−52 000	−388 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 004 000	2 108 000	1 807 000	1 607 000
Expenditure	2 339 000	2 257 000	1 462 000	2 000 000
Operating Profit	−335 000	−148 000	346 000	−392 000
Financial Income	0	6 000	0	0
Financial Costs	35 000	17 000	10 000	10 000
Financial Balance	−35 000	−11 000	−10 000	−10 000
Earnings Before Tax	−370 000	−159 000	337 000	−402 000
Tax	0	0	0	0
Net Income	−370 000	−159 000	337 000	−402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	89 000	128 000	85 000
Total Current Assets	731 000	452 000	487 000	285 000
Total Assets	829 000	540 000	616 000	370 000
Total Retained Equity	−821 000	−451 000	−292 000	−628 000
Total Equity	−581 000	−211 000	−52 000	−388 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 410 000	751 000	668 000	758 000
Total Equity and Debt	829 000	540 000	616 000	370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 004 000	2 108 000	1 807 000	1 557 000
Other Income	0	0	0	50 000
Revenue	2 004 000	2 108 000	1 807 000	1 607 000
Cost of Goods Sold	756 000	782 000	433 000	477 000
Salary Costs	476 000	688 000	343 000	770 000
Depreciation	29 000	40 000	20 000	6 000
Impairment	0	0	0	0
Expenditure	2 339 000	2 257 000	1 462 000	2 000 000
Operating Profit	−335 000	−148 000	346 000	−392 000
Financial Income	0	6 000	0	0
Financial Costs	35 000	17 000	10 000	10 000
Financial Balance	−35 000	−11 000	−10 000	−10 000
Dividends	0	0	0	0
Net Income	−370 000	−159 000	337 000	−402 000

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	99 000	89 000	128 000	85 000
Total Tangible Assets	99 000	89 000	128 000	85 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	89 000	128 000	85 000
Stock	557 000	184 000	137 000	137 000
Total Investments	0	0	0	0
Cash, Bank	127 000	50 000	136 000	54 000
Total Current Assets	731 000	452 000	487 000	285 000
Total Assets	829 000	540 000	616 000	370 000
Total Equity	−581 000	−211 000	−52 000	−388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	215 000	246 000	263 000	312 000
Unpaid Taxes	168 000	450 000	372 000	258 000
Dividends	0	0	0	0
Other Current Debt	1 027 000	56 000	32 000	189 000
Total Current Debt	1 410 000	751 000	668 000	758 000
Total Equity and Debt	829 000	540 000	616 000	370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,68 %	75,36 %	−648,08 %	103,61 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−16,72 %	−7,02 %	19,15 %	−24,39 %
Current Ratio	0,52	0,6	0,73	0,38
Quick Ratio	0,86	0,8	0,92	0,46
Equity Ratio	−0,7	−0,39	−0,08	−1,05
Gross Profit Margin	62,28 %	62,9 %	76,04 %	70,32 %