NXTECH AS

1671 KRÅKERØY

Finances

Return on Equity

43,35 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 399 000	33 660 000	24 657 000	18 391 000
Net Income	7 975 000	−8 741 000	3 411 000	2 500 000
Total Assets	27 168 000	19 002 000	30 550 000	24 417 000
Total Equity	18 395 000	11 001 000	22 241 000	18 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 399 000	33 660 000	24 657 000	18 391 000
Expenditure	33 911 000	31 769 000	20 549 000	15 353 000
Operating Profit	5 488 000	1 889 000	4 108 000	3 038 000
Financial Income	3 446 000	336 000	19 000	4 000
Financial Costs	64 000	10 491 000	21 000	4 000
Financial Balance	3 382 000	−10 155 000	−2 000	0
Earnings Before Tax	8 871 000	−8 266 000	4 106 000	3 038 000
Tax	896 000	475 000	696 000	538 000
Net Income	7 975 000	−8 741 000	3 411 000	2 500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 447 000	3 401 000	15 067 000	14 563 000
Total Current Assets	15 721 000	15 601 000	15 484 000	9 855 000
Total Assets	27 168 000	19 002 000	30 550 000	24 417 000
Total Retained Equity	18 365 000	10 391 000	21 631 000	18 221 000
Total Equity	18 395 000	11 001 000	22 241 000	18 831 000
Total Long-Term Debt	0	0	0	271 000
Total Current Debt	8 772 000	8 001 000	8 309 000	5 316 000
Total Equity and Debt	27 168 000	19 002 000	30 550 000	24 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 801 000	29 138 000	20 145 000	17 639 000
Other Income	5 599 000	4 521 000	4 512 000	752 000
Revenue	39 399 000	33 660 000	24 657 000	18 391 000
Cost of Goods Sold	5 682 000	6 554 000	4 592 000	2 943 000
Salary Costs	23 787 000	20 454 000	13 832 000	10 474 000
Depreciation	352 000	143 000	64 000	25 000
Impairment	0	0	0	0
Expenditure	33 911 000	31 769 000	20 549 000	15 353 000
Operating Profit	5 488 000	1 889 000	4 108 000	3 038 000
Financial Income	3 446 000	336 000	19 000	4 000
Financial Costs	64 000	10 491 000	21 000	4 000
Financial Balance	3 382 000	−10 155 000	−2 000	0
Dividends	0	2 500 000	0	0
Net Income	7 975 000	−8 741 000	3 411 000	2 500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	584 000	424 000	59 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 612 000	878 000	196 000	51 000
Total Tangible Assets	1 612 000	878 000	196 000	51 000
Total Fiancial Fixed Assets	9 250 000	2 100 000	14 812 000	14 512 000
Total Fixed Assets	11 447 000	3 401 000	15 067 000	14 563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 724 000	8 540 000	6 812 000	3 124 000
Total Current Assets	15 721 000	15 601 000	15 484 000	9 855 000
Total Assets	27 168 000	19 002 000	30 550 000	24 417 000
Total Equity	18 395 000	11 001 000	22 241 000	18 831 000
Short-Term Group Debt	0	0	1 557 000	1 557 000
Total Long-Term Debt	0	0	0	271 000
Creditors	966 000	965 000	756 000	605 000
Unpaid Taxes	2 732 000	2 873 000	2 221 000	1 466 000
Dividends	0	2 500 000	0	0
Other Current Debt	4 018 000	3 935 000	3 694 000	1 688 000
Total Current Debt	8 772 000	8 001 000	8 309 000	5 316 000
Total Equity and Debt	27 168 000	19 002 000	30 550 000	24 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,35 %	−79,46 %	15,34 %	13,28 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	13,93 %	5,61 %	16,66 %	16,52 %
Current Ratio	1,79	1,95	1,86	1,85
Quick Ratio	1,79	1,95	1,86	1,85
Equity Ratio	0,68	0,58	0,73	0,77
Gross Profit Margin	85,58 %	80,53 %	81,38 %	84 %