NORTEMA AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

12,64 %

Current Ratio

3,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 186 000	2 014 000	1 970 000	1 472 000
Net Income	55 000	71 000	346 000	284 000
Total Assets	584 000	719 000	912 000	841 000
Total Equity	435 000	379 000	590 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 186 000	2 014 000	1 970 000	1 472 000
Expenditure	1 127 000	1 940 000	1 618 000	1 185 000
Operating Profit	59 000	74 000	352 000	286 000
Financial Income	1 000	1 000	5 000	2 000
Financial Costs	5 000	3 000	12 000	4 000
Financial Balance	−4 000	−2 000	−7 000	−2 000
Earnings Before Tax	55 000	71 000	346 000	284 000
Tax	0	0	0	0
Net Income	55 000	71 000	346 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	14 000	25 000
Total Current Assets	584 000	717 000	898 000	816 000
Total Assets	584 000	719 000	912 000	841 000
Total Retained Equity	38 000	−17 000	−89 000	−434 000
Total Equity	435 000	379 000	590 000	544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	150 000	340 000	322 000	297 000
Total Equity and Debt	584 000	719 000	912 000	841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 186 000	2 012 000	1 958 000	1 472 000
Other Income	0	2 000	12 000	0
Revenue	1 186 000	2 014 000	1 970 000	1 472 000
Cost of Goods Sold	561 000	916 000	960 000	602 000
Salary Costs	286 000	717 000	365 000	309 000
Depreciation	2 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	1 127 000	1 940 000	1 618 000	1 185 000
Operating Profit	59 000	74 000	352 000	286 000
Financial Income	1 000	1 000	5 000	2 000
Financial Costs	5 000	3 000	12 000	4 000
Financial Balance	−4 000	−2 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	55 000	71 000	346 000	284 000

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	0	2 000	13 000	25 000
Total Tangible Assets	0	2 000	13 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	14 000	25 000
Stock	97 000	106 000	53 000	73 000
Total Investments	0	0	0	0
Cash, Bank	374 000	351 000	646 000	492 000
Total Current Assets	584 000	717 000	898 000	816 000
Total Assets	584 000	719 000	912 000	841 000
Total Equity	435 000	379 000	590 000	544 000
Short-Term Group Debt	0	74 000	37 000	32 000
Total Long-Term Debt	0	0	0	0
Creditors	65 000	132 000	37 000	198 000
Unpaid Taxes	56 000	134 000	247 000	68 000
Dividends	0	0	0	0
Other Current Debt	28 000	0	0	0
Total Current Debt	150 000	340 000	322 000	297 000
Total Equity and Debt	584 000	719 000	912 000	841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,64 %	18,73 %	58,64 %	52,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,97 %	3,67 %	17,87 %	19,43 %
Current Ratio	3,89	2,11	2,79	2,75
Quick Ratio	11,02	3,06	3,34	3,64
Equity Ratio	0,74	0,53	0,65	0,65
Gross Profit Margin	52,7 %	54,52 %	51,27 %	59,1 %