CARTECH AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−2,68 %

Current Ratio

13,3

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 610 000	1 279 000	1 451 000	1 114 000
Net Income	−57 000	−440 000	−246 000	−923 000
Total Assets	3 122 000	6 662 000	5 183 000	5 292 000
Total Equity	2 125 000	2 182 000	2 623 000	2 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 610 000	1 279 000	1 451 000	1 114 000
Expenditure	5 624 000	1 795 000	1 718 000	2 239 000
Operating Profit	−14 000	−516 000	−266 000	−1 125 000
Financial Income	0	0	0	3 000
Financial Costs	60 000	45 000	47 000	54 000
Financial Balance	−60 000	−45 000	−47 000	−51 000
Earnings Before Tax	−74 000	−561 000	−313 000	−1 176 000
Tax	−17 000	−121 000	−67 000	−253 000
Net Income	−57 000	−440 000	−246 000	−923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	85 000	123 000	329 000
Total Current Assets	3 058 000	6 578 000	5 060 000	4 964 000
Total Assets	3 122 000	6 662 000	5 183 000	5 292 000
Total Retained Equity	1 325 000	1 382 000	1 823 000	2 145 000
Total Equity	2 125 000	2 182 000	2 623 000	2 945 000
Total Long-Term Debt	767 000	3 386 000	1 208 000	2 186 000
Total Current Debt	230 000	1 094 000	1 353 000	161 000
Total Equity and Debt	3 122 000	6 662 000	5 183 000	5 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 610 000	1 279 000	1 404 000	1 112 000
Other Income	0	0	47 000	2 000
Revenue	5 610 000	1 279 000	1 451 000	1 114 000
Cost of Goods Sold	4 376 000	930 000	817 000	874 000
Salary Costs	838 000	455 000	450 000	460 000
Depreciation	21 000	38 000	87 000	107 000
Impairment	0	0	0	0
Expenditure	5 624 000	1 795 000	1 718 000	2 239 000
Operating Profit	−14 000	−516 000	−266 000	−1 125 000
Financial Income	0	0	0	3 000
Financial Costs	60 000	45 000	47 000	54 000
Financial Balance	−60 000	−45 000	−47 000	−51 000
Dividends	0	0	0	0
Net Income	−57 000	−440 000	−246 000	−923 000

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	54 000	75 000	113 000	319 000
Total Tangible Assets	54 000	75 000	113 000	319 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	64 000	85 000	123 000	329 000
Stock	2 926 000	6 283 000	4 106 000	4 086 000
Total Investments	0	0	0	0
Cash, Bank	33 000	87 000	702 000	95 000
Total Current Assets	3 058 000	6 578 000	5 060 000	4 964 000
Total Assets	3 122 000	6 662 000	5 183 000	5 292 000
Total Equity	2 125 000	2 182 000	2 623 000	2 945 000
Short-Term Group Debt	0	0	99 000	0
Total Long-Term Debt	767 000	3 386 000	1 208 000	2 186 000
Creditors	9 000	50 000	110 000	51 000
Unpaid Taxes	33 000	49 000	56 000	40 000
Dividends	0	0	0	0
Other Current Debt	107 000	992 000	1 088 000	69 000
Total Current Debt	230 000	1 094 000	1 353 000	161 000
Total Equity and Debt	3 122 000	6 662 000	5 183 000	5 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,68 %	−20,16 %	−9,38 %	−31,34 %
Debt-to-Equity Ratio	0,36	1,55	0,46	0,74
Operating Profit Margin	−0,25 %	−40,34 %	−18,33 %	−100,99 %
Current Ratio	13,3	6,01	3,74	30,83
Quick Ratio	−1,13	−1,27	−1,84	−1,26
Equity Ratio	0,68	0,33	0,51	0,56
Gross Profit Margin	22 %	27,29 %	43,69 %	21,54 %