NORTECK AS

6869 HAFSLO

Finances

Return on Equity

−2,36 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 050 000	8 260 000	7 666 000	7 536 000
Net Income	−104 000	31 000	−69 000	145 000
Total Assets	7 722 000	7 623 000	7 645 000	6 122 000
Total Equity	4 411 000	4 514 000	4 484 000	4 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 050 000	8 260 000	7 666 000	7 536 000
Expenditure	6 081 000	7 910 000	8 094 000	7 278 000
Operating Profit	−30 000	350 000	−428 000	258 000
Financial Income	30 000	13 000	351 000	5 000
Financial Costs	56 000	275 000	46 000	69 000
Financial Balance	−26 000	−262 000	305 000	−64 000
Earnings Before Tax	−57 000	87 000	−123 000	193 000
Tax	47 000	57 000	−54 000	48 000
Net Income	−104 000	31 000	−69 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 400 000	4 547 000	4 478 000	2 150 000
Total Current Assets	3 322 000	3 076 000	3 167 000	3 973 000
Total Assets	7 722 000	7 623 000	7 645 000	6 122 000
Total Retained Equity	4 311 000	4 414 000	4 384 000	4 453 000
Total Equity	4 411 000	4 514 000	4 484 000	4 553 000
Total Long-Term Debt	1 429 000	1 428 000	1 219 000	118 000
Total Current Debt	1 883 000	1 681 000	1 942 000	1 452 000
Total Equity and Debt	7 722 000	7 623 000	7 645 000	6 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 513 000	7 270 000	7 330 000	7 130 000
Other Income	538 000	990 000	336 000	406 000
Revenue	6 050 000	8 260 000	7 666 000	7 536 000
Cost of Goods Sold	4 401 000	6 421 000	6 569 000	5 543 000
Salary Costs	62 000	142 000	134 000	21 000
Depreciation	479 000	539 000	455 000	363 000
Impairment	0	0	0	0
Expenditure	6 081 000	7 910 000	8 094 000	7 278 000
Operating Profit	−30 000	350 000	−428 000	258 000
Financial Income	30 000	13 000	351 000	5 000
Financial Costs	56 000	275 000	46 000	69 000
Financial Balance	−26 000	−262 000	305 000	−64 000
Dividends	0	0	0	25 000
Net Income	−104 000	31 000	−69 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 737 000	3 488 000	3 354 000	1 481 000
Machinery and Plant Facilities	427 000	605 000	740 000	575 000
Fixtures	135 000	353 000	335 000	0
Total Tangible Assets	4 298 000	4 446 000	4 429 000	2 056 000
Total Fiancial Fixed Assets	102 000	102 000	49 000	94 000
Total Fixed Assets	4 400 000	4 547 000	4 478 000	2 150 000
Stock	2 717 000	2 253 000	2 324 000	3 130 000
Total Investments	0	0	0	0
Cash, Bank	24 000	6 000	17 000	8 000
Total Current Assets	3 322 000	3 076 000	3 167 000	3 973 000
Total Assets	7 722 000	7 623 000	7 645 000	6 122 000
Total Equity	4 411 000	4 514 000	4 484 000	4 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 429 000	1 428 000	1 219 000	118 000
Creditors	436 000	95 000	118 000	−2 000
Unpaid Taxes	214 000	489 000	51 000	51 000
Dividends	0	0	0	25 000
Other Current Debt	89 000	320 000	189 000	214 000
Total Current Debt	1 883 000	1 681 000	1 942 000	1 452 000
Total Equity and Debt	7 722 000	7 623 000	7 645 000	6 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,36 %	0,69 %	−1,54 %	3,18 %
Debt-to-Equity Ratio	0,32	0,32	0,27	0,03
Operating Profit Margin	−0,5 %	4,24 %	−5,58 %	3,42 %
Current Ratio	1,76	1,83	1,63	2,74
Quick Ratio	−3,98	−5,38	−8,29	−2,37
Equity Ratio	0,57	0,59	0,59	0,74
Gross Profit Margin	27,26 %	22,26 %	14,31 %	26,45 %