NORRDE TECH TEAM AS

8920 SØMNA

Finances

Share Ownership

Return on Equity

9,4 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	806 000	1 135 000	455 000	449 000
Net Income	42 000	27 000	18 000	−218 000
Total Assets	717 000	1 018 000	1 123 000	680 000
Total Equity	447 000	405 000	378 000	360 000

Income (NOK)	2022	2021	2020	2019
Revenue	806 000	1 135 000	455 000	449 000
Expenditure	611 000	1 165 000	279 000	705 000
Operating Profit	61 000	29 000	51 000	−193 000
Financial Income	0	0	0	0
Financial Costs	19 000	20 000	28 000	19 000
Financial Balance	−19 000	−20 000	−28 000	−19 000
Earnings Before Tax	42 000	9 000	23 000	−212 000
Tax	0	−18 000	5 000	6 000
Net Income	42 000	27 000	18 000	−218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	289 000	366 000	275 000
Total Current Assets	511 000	729 000	757 000	405 000
Total Assets	717 000	1 018 000	1 123 000	680 000
Total Retained Equity	−63 000	−105 000	−132 000	−150 000
Total Equity	447 000	405 000	378 000	360 000
Total Long-Term Debt	0	0	34 000	109 000
Total Current Debt	271 000	613 000	711 000	211 000
Total Equity and Debt	717 000	1 018 000	1 123 000	680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	806 000	994 000	455 000	449 000
Other Income	0	141 000	0	0
Revenue	806 000	1 135 000	455 000	449 000
Cost of Goods Sold	355 000	521 000	126 000	282 000
Salary Costs	32 000	297 000	111 000	133 000
Depreciation	116 000	139 000	−94 000	124 000
Impairment	0	0	0	0
Expenditure	611 000	1 165 000	279 000	705 000
Operating Profit	61 000	29 000	51 000	−193 000
Financial Income	0	0	0	0
Financial Costs	19 000	20 000	28 000	19 000
Financial Balance	−19 000	−20 000	−28 000	−19 000
Dividends	0	0	0	0
Net Income	42 000	27 000	18 000	−218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	206 000	289 000	0	0
Fixtures	0	0	366 000	271 000
Total Tangible Assets	206 000	289 000	366 000	271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	206 000	289 000	366 000	275 000
Stock	490 000	625 000	566 000	691 000
Total Investments	0	0	0	0
Cash, Bank	0	6 000	31 000	−379 000
Total Current Assets	511 000	729 000	757 000	405 000
Total Assets	717 000	1 018 000	1 123 000	680 000
Total Equity	447 000	405 000	378 000	360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	34 000	109 000
Creditors	5 000	52 000	177 000	4 000
Unpaid Taxes	0	45 000	71 000	43 000
Dividends	0	0	0	0
Other Current Debt	0	253 000	215 000	164 000
Total Current Debt	271 000	613 000	711 000	211 000
Total Equity and Debt	717 000	1 018 000	1 123 000	680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,4 %	6,67 %	4,76 %	−60,56 %
Debt-to-Equity Ratio	0	0	0,09	0,3
Operating Profit Margin	7,57 %	2,56 %	11,21 %	−42,98 %
Current Ratio	1,89	1,19	1,06	1,92
Quick Ratio	−2,33	−60,75	5,22	−0,84
Equity Ratio	0,62	0,4	0,34	0,53
Gross Profit Margin	55,96 %	54,1 %	72,31 %	37,19 %