CUROTECH AS

4612 KRISTIANSAND S

Finances

Return on Equity

14 452,94 %

Current Ratio

0,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 097 000	30 202 000	29 400 000	29 220 000
Net Income	14 742 000	12 905 000	12 625 000	12 796 000
Total Assets	22 358 000	19 909 000	20 041 000	20 305 000
Total Equity	102 000	100 000	151 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 097 000	30 202 000	29 400 000	29 220 000
Expenditure	12 467 000	13 663 000	13 241 000	12 886 000
Operating Profit	18 630 000	16 539 000	16 159 000	16 334 000
Financial Income	270 000	14 000	35 000	81 000
Financial Costs	0	8 000	9 000	9 000
Financial Balance	270 000	6 000	26 000	72 000
Earnings Before Tax	18 900 000	16 545 000	16 186 000	16 406 000
Tax	4 158 000	3 640 000	3 561 000	3 610 000
Net Income	14 742 000	12 905 000	12 625 000	12 796 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 428 000	535 000	538 000	516 000
Total Current Assets	9 931 000	19 373 000	19 503 000	19 789 000
Total Assets	22 358 000	19 909 000	20 041 000	20 305 000
Total Retained Equity	2 000	0	51 000	326 000
Total Equity	102 000	100 000	151 000	426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 256 000	19 809 000	19 890 000	19 879 000
Total Equity and Debt	22 358 000	19 909 000	20 041 000	20 305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 107 000	30 202 000	29 400 000	29 220 000
Other Income	990 000	0	0	0
Revenue	31 097 000	30 202 000	29 400 000	29 220 000
Cost of Goods Sold	83 000	20 000	17 000	53 000
Salary Costs	9 181 000	11 567 000	11 517 000	10 787 000
Depreciation	194 000	0	0	0
Impairment	0	0	0	0
Expenditure	12 467 000	13 663 000	13 241 000	12 886 000
Operating Profit	18 630 000	16 539 000	16 159 000	16 334 000
Financial Income	270 000	14 000	35 000	81 000
Financial Costs	0	8 000	9 000	9 000
Financial Balance	270 000	6 000	26 000	72 000
Dividends	0	12 956 000	12 900 000	12 500 000
Net Income	14 742 000	12 905 000	12 625 000	12 796 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 237 000	107 000	110 000	113 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	34 000	34 000	34 000
Total Tangible Assets	34 000	34 000	34 000	34 000
Total Fiancial Fixed Assets	11 157 000	394 000	394 000	369 000
Total Fixed Assets	12 428 000	535 000	538 000	516 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 734 000	14 722 000	15 893 000	15 804 000
Total Current Assets	9 931 000	19 373 000	19 503 000	19 789 000
Total Assets	22 358 000	19 909 000	20 041 000	20 305 000
Total Equity	102 000	100 000	151 000	426 000
Short-Term Group Debt	18 897 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	8 000	19 000	9 000
Unpaid Taxes	1 796 000	1 905 000	1 624 000	1 864 000
Dividends	0	12 956 000	12 900 000	12 500 000
Other Current Debt	1 550 000	14 258 000	14 696 000	14 400 000
Total Current Debt	22 256 000	19 809 000	19 890 000	19 879 000
Total Equity and Debt	22 358 000	19 909 000	20 041 000	20 305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14 452,94 %	12 905 %	8 360,93 %	3 003,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,91 %	54,76 %	54,96 %	55,9 %
Current Ratio	0,45	0,98	0,98	1
Quick Ratio	0,45	0,98	0,98	1
Equity Ratio	0	0,01	0,01	0,02
Gross Profit Margin	99,73 %	99,93 %	99,94 %	99,82 %