PRIMATEC AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

48,33 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 081 000	43 692 000	42 174 000	40 180 000
Net Income	4 879 000	5 375 000	3 953 000	1 762 000
Total Assets	21 646 000	18 964 000	16 606 000	13 426 000
Total Equity	10 096 000	9 517 000	5 643 000	4 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 081 000	43 692 000	42 174 000	40 180 000
Expenditure	49 540 000	37 329 000	37 136 000	37 692 000
Operating Profit	6 542 000	6 365 000	5 038 000	2 487 000
Financial Income	198 000	687 000	477 000	158 000
Financial Costs	484 000	161 000	446 000	383 000
Financial Balance	−286 000	526 000	31 000	−225 000
Earnings Before Tax	6 255 000	6 891 000	5 069 000	2 263 000
Tax	1 376 000	1 516 000	1 116 000	501 000
Net Income	4 879 000	5 375 000	3 953 000	1 762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	308 000	318 000	320 000	356 000
Total Current Assets	21 338 000	18 646 000	16 286 000	13 070 000
Total Assets	21 646 000	18 964 000	16 606 000	13 426 000
Total Retained Equity	9 952 000	9 373 000	5 499 000	4 546 000
Total Equity	10 096 000	9 517 000	5 643 000	4 690 000
Total Long-Term Debt	1 283 000	1 568 000	1 853 000	2 138 000
Total Current Debt	10 267 000	7 879 000	9 111 000	6 599 000
Total Equity and Debt	21 646 000	18 964 000	16 606 000	13 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 030 000	43 644 000	42 069 000	39 910 000
Other Income	50 000	48 000	105 000	270 000
Revenue	56 081 000	43 692 000	42 174 000	40 180 000
Cost of Goods Sold	37 909 000	26 540 000	27 730 000	27 337 000
Salary Costs	8 486 000	8 153 000	6 923 000	7 407 000
Depreciation	37 000	33 000	38 000	47 000
Impairment	0	0	0	0
Expenditure	49 540 000	37 329 000	37 136 000	37 692 000
Operating Profit	6 542 000	6 365 000	5 038 000	2 487 000
Financial Income	198 000	687 000	477 000	158 000
Financial Costs	484 000	161 000	446 000	383 000
Financial Balance	−286 000	526 000	31 000	−225 000
Dividends	2 500 000	0	3 000 000	780 000
Net Income	4 879 000	5 375 000	3 953 000	1 762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	308 000	281 000	251 000	249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	37 000	69 000	107 000
Total Tangible Assets	0	37 000	69 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	308 000	318 000	320 000	356 000
Stock	8 445 000	7 668 000	6 706 000	6 688 000
Total Investments	0	0	0	0
Cash, Bank	5 528 000	5 495 000	5 092 000	1 205 000
Total Current Assets	21 338 000	18 646 000	16 286 000	13 070 000
Total Assets	21 646 000	18 964 000	16 606 000	13 426 000
Total Equity	10 096 000	9 517 000	5 643 000	4 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 283 000	1 568 000	1 853 000	2 138 000
Creditors	2 041 000	2 231 000	999 000	2 406 000
Unpaid Taxes	2 248 000	2 344 000	2 573 000	1 740 000
Dividends	2 500 000	0	3 000 000	780 000
Other Current Debt	2 076 000	1 756 000	1 420 000	1 151 000
Total Current Debt	10 267 000	7 879 000	9 111 000	6 599 000
Total Equity and Debt	21 646 000	18 964 000	16 606 000	13 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,33 %	56,48 %	70,05 %	37,57 %
Debt-to-Equity Ratio	0,13	0,16	0,33	0,46
Operating Profit Margin	11,67 %	14,57 %	11,95 %	6,19 %
Current Ratio	2,08	2,37	1,79	1,98
Quick Ratio	11,71	88,37	6,77	−146,85
Equity Ratio	0,47	0,5	0,34	0,35
Gross Profit Margin	32,4 %	39,26 %	34,25 %	31,96 %