NORATEL AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

76,88 %

Current Ratio

2,93

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	192 978 000	168 516 000	151 084 000	157 243 000
Net Income	182 790 000	135 368 000	57 471 000	38 638 000
Total Assets	287 580 000	235 791 000	203 907 000	234 682 000
Total Equity	237 763 000	177 937 000	154 269 000	110 525 000

Income (NOK)	2023	2022	2021	2020
Revenue	192 978 000	168 516 000	151 084 000	157 243 000
Expenditure	171 445 000	147 152 000	135 228 000	143 830 000
Operating Profit	23 368 000	23 805 000	16 209 000	13 483 000
Financial Income	172 893 000	121 543 000	50 772 000	31 452 000
Financial Costs	315 000	185 000	605 000	4 064 000
Financial Balance	172 578 000	121 358 000	50 167 000	27 388 000
Earnings Before Tax	195 946 000	145 163 000	66 376 000	40 871 000
Tax	13 156 000	9 795 000	8 905 000	2 233 000
Net Income	182 790 000	135 368 000	57 471 000	38 638 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	142 230 000	144 922 000	147 959 000	150 646 000
Total Current Assets	145 350 000	90 869 000	55 948 000	84 036 000
Total Assets	287 580 000	235 791 000	203 907 000	234 682 000
Total Retained Equity	222 438 000	162 612 000	138 944 000	95 201 000
Total Equity	237 763 000	177 937 000	154 269 000	110 525 000
Total Long-Term Debt	269 000	1 012 000	1 520 000	86 670 000
Total Current Debt	49 548 000	56 842 000	48 118 000	37 487 000
Total Equity and Debt	287 580 000	235 791 000	203 907 000	234 682 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	176 749 000	155 245 000	135 995 000	145 511 000
Other Income	16 230 000	13 271 000	15 089 000	11 732 000
Revenue	192 978 000	168 516 000	151 084 000	157 243 000
Cost of Goods Sold	94 525 000	76 760 000	67 588 000	74 178 000
Salary Costs	52 629 000	50 136 000	50 577 000	48 109 000
Depreciation	3 413 000	3 566 000	3 611 000	3 724 000
Impairment	0	0	0	0
Expenditure	171 445 000	147 152 000	135 228 000	143 830 000
Operating Profit	23 368 000	23 805 000	16 209 000	13 483 000
Financial Income	172 893 000	121 543 000	50 772 000	31 452 000
Financial Costs	315 000	185 000	605 000	4 064 000
Financial Balance	172 578 000	121 358 000	50 167 000	27 388 000
Dividends	120 000 000	100 000 000	0	43 000 000
Net Income	182 790 000	135 368 000	57 471 000	38 638 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	4 509 000	7 031 000	9 552 000	12 074 000
Total Intangible Assets	4 743 000	7 216 000	9 865 000	12 455 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	974 000	996 000	1 177 000	2 060 000
Fixtures	1 307 000	1 505 000	1 712 000	925 000
Total Tangible Assets	2 281 000	2 501 000	2 888 000	2 985 000
Total Fiancial Fixed Assets	135 205 000	135 205 000	135 205 000	135 205 000
Total Fixed Assets	142 230 000	144 922 000	147 959 000	150 646 000
Stock	22 800 000	20 890 000	18 436 000	18 062 000
Total Investments	0	0	0	0
Cash, Bank	78 124 000	30 867 000	11 963 000	38 412 000
Total Current Assets	145 350 000	90 869 000	55 948 000	84 036 000
Total Assets	287 580 000	235 791 000	203 907 000	234 682 000
Total Equity	237 763 000	177 937 000	154 269 000	110 525 000
Short-Term Group Debt	3 800 000	15 000 000	17 599 000	0
Total Long-Term Debt	269 000	1 012 000	1 520 000	86 670 000
Creditors	19 970 000	17 918 000	14 045 000	17 141 000
Unpaid Taxes	5 711 000	11 004 000	4 381 000	4 511 000
Dividends	120 000 000	100 000 000	0	43 000 000
Other Current Debt	12 328 000	11 733 000	11 513 000	10 029 000
Total Current Debt	49 548 000	56 842 000	48 118 000	37 487 000
Total Equity and Debt	287 580 000	235 791 000	203 907 000	234 682 000

Financial indicators	2023	2022	2021	2020
Return on Equity	76,88 %	76,08 %	37,25 %	34,96 %
Debt-to-Equity Ratio	0	0,01	0,01	0,78
Operating Profit Margin	12,11 %	14,13 %	10,73 %	8,57 %
Current Ratio	2,93	1,6	1,16	2,24
Quick Ratio	5,43	2,53	1,88	4,33
Equity Ratio	0,83	0,75	0,76	0,47
Gross Profit Margin	51,02 %	54,45 %	55,26 %	52,83 %