NITEK AS

9514 ALTA

Finances

Share Ownership

Return on Equity

71,23 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 649 000	48 358 000	37 522 000	41 124 000
Net Income	3 946 000	3 164 000	3 345 000	3 257 000
Total Assets	20 308 000	20 392 000	19 170 000	20 185 000
Total Equity	5 540 000	6 594 000	6 530 000	6 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 649 000	48 358 000	37 522 000	41 124 000
Expenditure	68 545 000	44 279 000	33 203 000	36 919 000
Operating Profit	5 104 000	4 079 000	4 320 000	4 205 000
Financial Income	33 000	31 000	32 000	29 000
Financial Costs	73 000	57 000	66 000	64 000
Financial Balance	−40 000	−26 000	−34 000	−35 000
Earnings Before Tax	5 064 000	4 053 000	4 285 000	4 171 000
Tax	1 118 000	889 000	941 000	914 000
Net Income	3 946 000	3 164 000	3 345 000	3 257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 608 000	4 147 000	3 835 000	3 570 000
Total Current Assets	16 700 000	16 245 000	15 335 000	16 616 000
Total Assets	20 308 000	20 392 000	19 170 000	20 185 000
Total Retained Equity	5 440 000	6 494 000	6 430 000	6 085 000
Total Equity	5 540 000	6 594 000	6 530 000	6 185 000
Total Long-Term Debt	3 946 000	2 894 000	2 198 000	2 992 000
Total Current Debt	10 822 000	10 904 000	10 443 000	11 009 000
Total Equity and Debt	20 308 000	20 392 000	19 170 000	20 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 649 000	48 355 000	37 461 000	41 124 000
Other Income	0	3 000	61 000	0
Revenue	73 649 000	48 358 000	37 522 000	41 124 000
Cost of Goods Sold	50 948 000	29 298 000	19 046 000	23 630 000
Salary Costs	12 997 000	10 592 000	9 628 000	9 295 000
Depreciation	575 000	474 000	314 000	225 000
Impairment	0	0	0	0
Expenditure	68 545 000	44 279 000	33 203 000	36 919 000
Operating Profit	5 104 000	4 079 000	4 320 000	4 205 000
Financial Income	33 000	31 000	32 000	29 000
Financial Costs	73 000	57 000	66 000	64 000
Financial Balance	−40 000	−26 000	−34 000	−35 000
Dividends	0	0	0	0
Net Income	3 946 000	3 164 000	3 345 000	3 257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 154 000	2 154 000	2 154 000	2 154 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 454 000	1 994 000	1 668 000	1 387 000
Total Tangible Assets	3 608 000	4 147 000	3 822 000	3 541 000
Total Fiancial Fixed Assets	0	0	13 000	29 000
Total Fixed Assets	3 608 000	4 147 000	3 835 000	3 570 000
Stock	1 157 000	1 038 000	926 000	704 000
Total Investments	0	0	0	0
Cash, Bank	5 506 000	6 217 000	8 090 000	5 841 000
Total Current Assets	16 700 000	16 245 000	15 335 000	16 616 000
Total Assets	20 308 000	20 392 000	19 170 000	20 185 000
Total Equity	5 540 000	6 594 000	6 530 000	6 185 000
Short-Term Group Debt	5 000 000	3 100 000	3 000 000	3 000 000
Total Long-Term Debt	3 946 000	2 894 000	2 198 000	2 992 000
Creditors	2 140 000	4 475 000	2 733 000	3 824 000
Unpaid Taxes	1 209 000	965 000	1 045 000	1 499 000
Dividends	0	0	0	0
Other Current Debt	2 472 000	2 242 000	1 996 000	2 286 000
Total Current Debt	10 822 000	10 904 000	10 443 000	11 009 000
Total Equity and Debt	20 308 000	20 392 000	19 170 000	20 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,23 %	47,98 %	51,23 %	52,66 %
Debt-to-Equity Ratio	0,71	0,44	0,34	0,48
Operating Profit Margin	6,93 %	8,44 %	11,51 %	10,23 %
Current Ratio	1,54	1,49	1,47	1,51
Quick Ratio	1,73	1,65	1,61	1,61
Equity Ratio	0,27	0,32	0,34	0,31
Gross Profit Margin	30,82 %	39,41 %	49,24 %	42,54 %