NORTEK ELEKTRO AS

7170 ÅFJORD

Finances

Return on Equity

16,24 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 325 000	33 006 000	27 742 000	28 877 000
Net Income	1 122 000	1 675 000	2 277 000	3 110 000
Total Assets	14 015 000	15 065 000	13 141 000	11 983 000
Total Equity	6 909 000	6 539 000	5 644 000	5 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 325 000	33 006 000	27 742 000	28 877 000
Expenditure	26 919 000	30 978 000	24 861 000	24 904 000
Operating Profit	1 405 000	2 028 000	2 880 000	3 973 000
Financial Income	71 000	114 000	52 000	54 000
Financial Costs	21 000	2 000	7 000	30 000
Financial Balance	50 000	112 000	45 000	24 000
Earnings Before Tax	1 455 000	2 139 000	2 926 000	3 997 000
Tax	333 000	464 000	648 000	887 000
Net Income	1 122 000	1 675 000	2 277 000	3 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 006 000	3 164 000	2 642 000	724 000
Total Current Assets	11 009 000	11 900 000	10 499 000	11 260 000
Total Assets	14 015 000	15 065 000	13 141 000	11 983 000
Total Retained Equity	6 690 000	6 298 000	5 403 000	5 579 000
Total Equity	6 909 000	6 539 000	5 644 000	5 831 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 106 000	8 525 000	7 497 000	6 152 000
Total Equity and Debt	14 015 000	15 065 000	13 141 000	11 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 325 000	33 006 000	27 742 000	28 877 000
Other Income	0	0	0	0
Revenue	28 325 000	33 006 000	27 742 000	28 877 000
Cost of Goods Sold	11 225 000	15 870 000	10 218 000	10 559 000
Salary Costs	11 090 000	10 769 000	10 222 000	10 595 000
Depreciation	306 000	538 000	98 000	124 000
Impairment	0	0	0	0
Expenditure	26 919 000	30 978 000	24 861 000	24 904 000
Operating Profit	1 405 000	2 028 000	2 880 000	3 973 000
Financial Income	71 000	114 000	52 000	54 000
Financial Costs	21 000	2 000	7 000	30 000
Financial Balance	50 000	112 000	45 000	24 000
Dividends	444 000	780 000	1 075 000	0
Net Income	1 122 000	1 675 000	2 277 000	3 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	164 000	273 000	279 000	280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 308 000	1 357 000	851 000	431 000
Total Tangible Assets	1 308 000	1 357 000	851 000	431 000
Total Fiancial Fixed Assets	1 534 000	1 534 000	1 513 000	13 000
Total Fixed Assets	3 006 000	3 164 000	2 642 000	724 000
Stock	3 949 000	3 407 000	2 447 000	1 769 000
Total Investments	0	0	0	0
Cash, Bank	692 000	2 322 000	2 493 000	5 583 000
Total Current Assets	11 009 000	11 900 000	10 499 000	11 260 000
Total Assets	14 015 000	15 065 000	13 141 000	11 983 000
Total Equity	6 909 000	6 539 000	5 644 000	5 831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 191 000	2 790 000	1 513 000	1 158 000
Unpaid Taxes	1 629 000	1 583 000	1 490 000	1 393 000
Dividends	444 000	780 000	1 075 000	0
Other Current Debt	2 619 000	2 913 000	2 771 000	2 592 000
Total Current Debt	7 106 000	8 525 000	7 497 000	6 152 000
Total Equity and Debt	14 015 000	15 065 000	13 141 000	11 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,24 %	25,62 %	40,34 %	53,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,96 %	6,14 %	10,38 %	13,76 %
Current Ratio	1,55	1,4	1,4	1,83
Quick Ratio	3,49	2,33	2,08	2,57
Equity Ratio	0,49	0,43	0,43	0,49
Gross Profit Margin	60,37 %	51,92 %	63,17 %	63,43 %