NITREX AS

8250 ROGNAN

Finances

Share Ownership

Return on Equity

23,92 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 845 000	14 886 000	16 252 000	20 055 000
Net Income	1 185 000	441 000	1 454 000	1 272 000
Total Assets	12 827 000	7 669 000	8 533 000	7 500 000
Total Equity	4 954 000	3 769 000	3 328 000	2 015 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 845 000	14 886 000	16 252 000	20 055 000
Expenditure	29 316 000	14 312 000	14 358 000	18 326 000
Operating Profit	1 528 000	575 000	1 893 000	1 730 000
Financial Income	37 000	41 000	42 000	37 000
Financial Costs	45 000	50 000	70 000	135 000
Financial Balance	−8 000	−9 000	−28 000	−98 000
Earnings Before Tax	1 521 000	566 000	1 866 000	1 631 000
Tax	335 000	125 000	413 000	359 000
Net Income	1 185 000	441 000	1 454 000	1 272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	948 000	1 042 000	1 450 000	1 601 000
Total Current Assets	11 879 000	6 626 000	7 083 000	5 899 000
Total Assets	12 827 000	7 669 000	8 533 000	7 500 000
Total Retained Equity	4 854 000	3 669 000	3 228 000	1 915 000
Total Equity	4 954 000	3 769 000	3 328 000	2 015 000
Total Long-Term Debt	368 000	602 000	935 000	910 000
Total Current Debt	7 505 000	3 298 000	4 269 000	4 575 000
Total Equity and Debt	12 827 000	7 669 000	8 533 000	7 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 805 000	14 848 000	15 340 000	18 600 000
Other Income	40 000	38 000	911 000	1 455 000
Revenue	30 845 000	14 886 000	16 252 000	20 055 000
Cost of Goods Sold	16 651 000	4 692 000	3 716 000	7 003 000
Salary Costs	5 700 000	4 058 000	5 005 000	6 108 000
Depreciation	173 000	150 000	166 000	203 000
Impairment	0	0	0	0
Expenditure	29 316 000	14 312 000	14 358 000	18 326 000
Operating Profit	1 528 000	575 000	1 893 000	1 730 000
Financial Income	37 000	41 000	42 000	37 000
Financial Costs	45 000	50 000	70 000	135 000
Financial Balance	−8 000	−9 000	−28 000	−98 000
Dividends	0	0	140 000	0
Net Income	1 185 000	441 000	1 454 000	1 272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	41 000	68 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	515 000	477 000	665 000	305 000
Fixtures	0	0	0	33 000
Total Tangible Assets	515 000	477 000	665 000	338 000
Total Fiancial Fixed Assets	376 000	524 000	717 000	1 183 000
Total Fixed Assets	948 000	1 042 000	1 450 000	1 601 000
Stock	684 000	338 000	473 000	509 000
Total Investments	0	0	0	0
Cash, Bank	254 000	2 730 000	3 643 000	1 013 000
Total Current Assets	11 879 000	6 626 000	7 083 000	5 899 000
Total Assets	12 827 000	7 669 000	8 533 000	7 500 000
Total Equity	4 954 000	3 769 000	3 328 000	2 015 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	368 000	602 000	935 000	910 000
Creditors	4 547 000	1 430 000	1 379 000	2 999 000
Unpaid Taxes	767 000	327 000	855 000	360 000
Dividends	0	0	140 000	0
Other Current Debt	1 840 000	1 443 000	1 495 000	1 121 000
Total Current Debt	7 505 000	3 298 000	4 269 000	4 575 000
Total Equity and Debt	12 827 000	7 669 000	8 533 000	7 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,92 %	11,7 %	43,69 %	63,13 %
Debt-to-Equity Ratio	0,07	0,16	0,28	0,45
Operating Profit Margin	4,95 %	3,86 %	11,65 %	8,63 %
Current Ratio	1,58	2,01	1,66	1,29
Quick Ratio	1,74	2,24	1,87	1,45
Equity Ratio	0,39	0,49	0,39	0,27
Gross Profit Margin	46,02 %	68,48 %	77,14 %	65,08 %