CORETREK AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

35 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 084 000	89 288 000	73 413 000	61 798 000
Net Income	7 059 000	12 114 000	8 304 000	4 992 000
Total Assets	51 309 000	44 809 000	33 495 000	30 421 000
Total Equity	20 168 000	22 442 000	14 783 000	13 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 084 000	89 288 000	73 413 000	61 798 000
Expenditure	86 989 000	74 132 000	63 483 000	55 691 000
Operating Profit	8 095 000	15 156 000	9 931 000	6 107 000
Financial Income	269 000	39 000	172 000	118 000
Financial Costs	107 000	66 000	25 000	63 000
Financial Balance	162 000	−27 000	147 000	55 000
Earnings Before Tax	8 258 000	15 129 000	10 078 000	6 163 000
Tax	1 198 000	3 015 000	1 774 000	1 171 000
Net Income	7 059 000	12 114 000	8 304 000	4 992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 728 000	2 193 000	8 708 000	9 981 000
Total Current Assets	48 581 000	42 616 000	24 787 000	20 439 000
Total Assets	51 309 000	44 809 000	33 495 000	30 421 000
Total Retained Equity	17 448 000	19 721 000	12 063 000	10 572 000
Total Equity	20 168 000	22 442 000	14 783 000	13 293 000
Total Long-Term Debt	3 911 000	0	0	0
Total Current Debt	27 229 000	22 367 000	18 712 000	17 128 000
Total Equity and Debt	51 309 000	44 809 000	33 495 000	30 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 084 000	89 288 000	73 413 000	61 798 000
Other Income	0	0	0	0
Revenue	95 084 000	89 288 000	73 413 000	61 798 000
Cost of Goods Sold	6 705 000	7 766 000	8 791 000	5 962 000
Salary Costs	69 657 000	57 908 000	46 513 000	41 289 000
Depreciation	997 000	828 000	737 000	705 000
Impairment	0	0	0	0
Expenditure	86 989 000	74 132 000	63 483 000	55 691 000
Operating Profit	8 095 000	15 156 000	9 931 000	6 107 000
Financial Income	269 000	39 000	172 000	118 000
Financial Costs	107 000	66 000	25 000	63 000
Financial Balance	162 000	−27 000	147 000	55 000
Dividends	3 545 000	0	0	0
Net Income	7 059 000	12 114 000	8 304 000	4 992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 077 000	190 000	284 000	335 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 651 000	2 003 000	1 412 000	1 472 000
Total Tangible Assets	1 651 000	2 003 000	1 412 000	1 472 000
Total Fiancial Fixed Assets	0	0	7 012 000	8 174 000
Total Fixed Assets	2 728 000	2 193 000	8 708 000	9 981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 668 000	30 378 000	13 607 000	10 945 000
Total Current Assets	48 581 000	42 616 000	24 787 000	20 439 000
Total Assets	51 309 000	44 809 000	33 495 000	30 421 000
Total Equity	20 168 000	22 442 000	14 783 000	13 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 911 000	0	0	0
Creditors	1 450 000	1 285 000	889 000	590 000
Unpaid Taxes	8 687 000	6 119 000	5 724 000	4 584 000
Dividends	3 545 000	0	0	0
Other Current Debt	15 654 000	11 934 000	10 321 000	10 864 000
Total Current Debt	27 229 000	22 367 000	18 712 000	17 128 000
Total Equity and Debt	51 309 000	44 809 000	33 495 000	30 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35 %	53,98 %	56,17 %	37,55 %
Debt-to-Equity Ratio	0,19	0	0	0
Operating Profit Margin	8,51 %	16,97 %	13,53 %	9,88 %
Current Ratio	1,78	1,91	1,32	1,19
Quick Ratio	1,78	1,91	1,32	1,19
Equity Ratio	0,39	0,5	0,44	0,44
Gross Profit Margin	92,95 %	91,3 %	88,03 %	90,35 %