INTERTEK WEST LAB AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

23,95 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 957 000	165 957 000	154 238 000	154 183 000
Net Income	9 657 000	10 353 000	8 312 000	8 343 000
Total Assets	91 038 000	80 668 000	111 073 000	93 263 000
Total Equity	40 319 000	40 319 000	40 319 000	40 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 957 000	165 957 000	154 238 000	154 183 000
Expenditure	157 899 000	152 977 000	145 690 000	143 346 000
Operating Profit	12 058 000	12 981 000	8 548 000	10 836 000
Financial Income	4 064 000	1 826 000	9 000	29 000
Financial Costs	3 741 000	1 535 000	−2 120 000	164 000
Financial Balance	323 000	291 000	2 129 000	−135 000
Earnings Before Tax	12 381 000	13 273 000	10 677 000	10 702 000
Tax	2 724 000	2 920 000	2 365 000	2 359 000
Net Income	9 657 000	10 353 000	8 312 000	8 343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 161 000	14 883 000	17 483 000	20 310 000
Total Current Assets	78 877 000	65 785 000	93 590 000	72 953 000
Total Assets	91 038 000	80 668 000	111 073 000	93 263 000
Total Retained Equity	6 589 000	6 589 000	6 589 000	6 589 000
Total Equity	40 319 000	40 319 000	40 319 000	40 319 000
Total Long-Term Debt	5 211 000	0	0	120 000
Total Current Debt	45 508 000	40 349 000	70 754 000	52 824 000
Total Equity and Debt	91 038 000	80 668 000	111 073 000	93 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	169 957 000	165 957 000	154 238 000	154 183 000
Other Income	0	0	0	0
Revenue	169 957 000	165 957 000	154 238 000	154 183 000
Cost of Goods Sold	15 723 000	18 637 000	16 159 000	15 959 000
Salary Costs	101 484 000	94 273 000	88 437 000	86 785 000
Depreciation	3 311 000	4 222 000	4 345 000	4 406 000
Impairment	0	0	0	0
Expenditure	157 899 000	152 977 000	145 690 000	143 346 000
Operating Profit	12 058 000	12 981 000	8 548 000	10 836 000
Financial Income	4 064 000	1 826 000	9 000	29 000
Financial Costs	3 741 000	1 535 000	−2 120 000	164 000
Financial Balance	323 000	291 000	2 129 000	−135 000
Dividends	7 061 000	5 211 000	4 666 000	3 975 000
Net Income	9 657 000	10 353 000	8 312 000	8 343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	643 000	1 586 000
Total Intangible Assets	153 000	53 000	677 000	1 586 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 008 000	14 830 000	16 806 000	18 724 000
Total Tangible Assets	12 008 000	14 830 000	16 806 000	18 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 161 000	14 883 000	17 483 000	20 310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 672 000	3 737 000	3 651 000	3 400 000
Total Current Assets	78 877 000	65 785 000	93 590 000	72 953 000
Total Assets	91 038 000	80 668 000	111 073 000	93 263 000
Total Equity	40 319 000	40 319 000	40 319 000	40 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 211 000	0	0	120 000
Creditors	3 315 000	4 168 000	23 235 000	17 455 000
Unpaid Taxes	6 820 000	6 840 000	6 316 000	6 127 000
Dividends	7 061 000	5 211 000	4 666 000	3 975 000
Other Current Debt	26 222 000	22 641 000	35 046 000	24 298 000
Total Current Debt	45 508 000	40 349 000	70 754 000	52 824 000
Total Equity and Debt	91 038 000	80 668 000	111 073 000	93 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,95 %	25,68 %	20,62 %	20,69 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	7,09 %	7,82 %	5,54 %	7,03 %
Current Ratio	1,73	1,63	1,32	1,38
Quick Ratio	1,73	1,63	1,32	1,38
Equity Ratio	0,44	0,5	0,36	0,43
Gross Profit Margin	90,75 %	88,77 %	89,52 %	89,65 %