NORTEC HOLDING AS

7500 STJØRDAL

Finances

Return on Equity

125,41 %

Current Ratio

0,47

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Net Income	1 002 000	260 000	21 000	42 000
Total Assets	2 623 000	2 137 000	2 094 000	2 297 000
Total Equity	799 000	197 000	197 000	532 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Expenditure	23 000	18 000	21 000	23 000
Operating Profit	−20 000	−18 000	−21 000	−23 000
Financial Income	1 050 000	300 000	65 000	76 000
Financial Costs	42 000	33 000	35 000	32 000
Financial Balance	1 008 000	267 000	30 000	44 000
Earnings Before Tax	989 000	249 000	9 000	21 000
Tax	−14 000	−11 000	−12 000	−21 000
Net Income	1 002 000	260 000	21 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 123 000	2 075 000	2 027 000	2 173 000
Total Current Assets	500 000	63 000	67 000	124 000
Total Assets	2 623 000	2 137 000	2 094 000	2 297 000
Total Retained Equity	769 000	167 000	167 000	502 000
Total Equity	799 000	197 000	197 000	532 000
Total Long-Term Debt	756 000	804 000	853 000	903 000
Total Current Debt	1 068 000	1 137 000	1 044 000	863 000
Total Equity and Debt	2 623 000	2 137 000	2 094 000	2 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	0	0	0
Revenue	4 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	18 000	21 000	23 000
Operating Profit	−20 000	−18 000	−21 000	−23 000
Financial Income	1 050 000	300 000	65 000	76 000
Financial Costs	42 000	33 000	35 000	32 000
Financial Balance	1 008 000	267 000	30 000	44 000
Dividends	0	0	0	0
Net Income	1 002 000	260 000	21 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 109 000	2 075 000	2 027 000	2 173 000
Total Fixed Assets	2 123 000	2 075 000	2 027 000	2 173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	0	2 000
Total Current Assets	500 000	63 000	67 000	124 000
Total Assets	2 623 000	2 137 000	2 094 000	2 297 000
Total Equity	799 000	197 000	197 000	532 000
Short-Term Group Debt	1 068 000	1 128 000	1 035 000	854 000
Total Long-Term Debt	756 000	804 000	853 000	903 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	9 000	9 000	9 000
Total Current Debt	1 068 000	1 137 000	1 044 000	863 000
Total Equity and Debt	2 623 000	2 137 000	2 094 000	2 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,41 %	131,98 %	10,66 %	7,89 %
Debt-to-Equity Ratio	0,95	4,08	4,33	1,7
Operating Profit Margin	−500 %	-	-	-
Current Ratio	0,47	0,06	0,06	0,14
Quick Ratio	0,47	0,06	0,06	0,14
Equity Ratio	0,3	0,09	0,09	0,23
Gross Profit Margin	100 %	-	-	-