KOTECH AS

4025 STAVANGER

Finances

Return on Equity

−6,43 %

Current Ratio

21,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	133 000	237 000	3 262 000
Net Income	−2 472 000	5 185 000	1 869 000	383 000
Total Assets	40 236 000	44 379 000	41 205 000	40 191 000
Total Equity	38 424 000	40 896 000	40 681 000	38 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	133 000	237 000	3 262 000
Expenditure	665 000	568 000	1 765 000	1 469 000
Operating Profit	−573 000	−435 000	−1 528 000	1 793 000
Financial Income	1 639 000	9 183 000	3 897 000	2 750 000
Financial Costs	3 373 000	3 382 000	190 000	3 745 000
Financial Balance	−1 734 000	5 801 000	3 707 000	−995 000
Earnings Before Tax	−2 307 000	5 366 000	2 179 000	798 000
Tax	165 000	181 000	309 000	415 000
Net Income	−2 472 000	5 185 000	1 869 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 267 000	4 272 000	4 290 000	12 312 000
Total Current Assets	35 969 000	40 108 000	36 914 000	27 879 000
Total Assets	40 236 000	44 379 000	41 205 000	40 191 000
Total Retained Equity	38 394 000	40 866 000	39 681 000	37 811 000
Total Equity	38 424 000	40 896 000	40 681 000	38 811 000
Total Long-Term Debt	166 000	208 000	263 000	52 000
Total Current Debt	1 646 000	3 275 000	261 000	1 327 000
Total Equity and Debt	40 236 000	44 379 000	41 205 000	40 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	127 000	237 000	604 000
Other Income	0	6 000	0	2 658 000
Revenue	92 000	133 000	237 000	3 262 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	0	759 000	685 000
Depreciation	5 000	19 000	21 000	192 000
Impairment	0	0	0	0
Expenditure	665 000	568 000	1 765 000	1 469 000
Operating Profit	−573 000	−435 000	−1 528 000	1 793 000
Financial Income	1 639 000	9 183 000	3 897 000	2 750 000
Financial Costs	3 373 000	3 382 000	190 000	3 745 000
Financial Balance	−1 734 000	5 801 000	3 707 000	−995 000
Dividends	0	0	0	2 100 000
Net Income	−2 472 000	5 185 000	1 869 000	383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	176 000	176 000	176 000	176 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	24 000	45 000
Total Tangible Assets	176 000	181 000	199 000	221 000
Total Fiancial Fixed Assets	4 091 000	4 091 000	4 091 000	12 091 000
Total Fixed Assets	4 267 000	4 272 000	4 290 000	12 312 000
Stock	0	0	0	0
Total Investments	33 584 000	34 298 000	33 205 000	24 998 000
Cash, Bank	1 039 000	4 660 000	1 910 000	1 485 000
Total Current Assets	35 969 000	40 108 000	36 914 000	27 879 000
Total Assets	40 236 000	44 379 000	41 205 000	40 191 000
Total Equity	38 424 000	40 896 000	40 681 000	38 811 000
Short-Term Group Debt	600 000	0	0	500 000
Total Long-Term Debt	166 000	208 000	263 000	52 000
Creditors	23 000	29 000	6 000	157 000
Unpaid Taxes	2 000	1 000	48 000	97 000
Dividends	0	0	0	2 100 000
Other Current Debt	814 000	9 000	108 000	573 000
Total Current Debt	1 646 000	3 275 000	261 000	1 327 000
Total Equity and Debt	40 236 000	44 379 000	41 205 000	40 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,43 %	12,68 %	4,59 %	0,99 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	−622,83 %	−327,07 %	−644,73 %	54,97 %
Current Ratio	21,85	12,25	141,43	21,01
Quick Ratio	21,85	12,25	141,43	21,01
Equity Ratio	0,95	0,92	0,99	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %