ZTIL AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

87,46 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 146 000	6 355 000	7 918 000	9 292 000
Net Income	614 000	112 000	−31 000	523 000
Total Assets	2 894 000	2 459 000	2 836 000	3 178 000
Total Equity	702 000	1 114 000	1 464 000	1 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 146 000	6 355 000	7 918 000	9 292 000
Expenditure	5 361 000	6 212 000	7 953 000	8 622 000
Operating Profit	785 000	143 000	−35 000	671 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	1 000	0	5 000	2 000
Financial Balance	2 000	1 000	−4 000	0
Earnings Before Tax	787 000	144 000	−39 000	671 000
Tax	173 000	32 000	−9 000	148 000
Net Income	614 000	112 000	−31 000	523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	119 000	185 000	185 000
Total Current Assets	2 766 000	2 340 000	2 651 000	2 993 000
Total Assets	2 894 000	2 459 000	2 836 000	3 178 000
Total Retained Equity	602 000	1 014 000	1 364 000	1 395 000
Total Equity	702 000	1 114 000	1 464 000	1 495 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 193 000	1 345 000	1 372 000	1 683 000
Total Equity and Debt	2 894 000	2 459 000	2 836 000	3 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 146 000	6 295 000	7 811 000	9 292 000
Other Income	0	59 000	107 000	0
Revenue	6 146 000	6 355 000	7 918 000	9 292 000
Cost of Goods Sold	2 696 000	2 796 000	3 919 000	3 921 000
Salary Costs	1 296 000	1 799 000	2 009 000	2 259 000
Depreciation	6 000	8 000	65 000	74 000
Impairment	0	0	0	0
Expenditure	5 361 000	6 212 000	7 953 000	8 622 000
Operating Profit	785 000	143 000	−35 000	671 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	1 000	0	5 000	2 000
Financial Balance	2 000	1 000	−4 000	0
Dividends	500 000	500 000	0	0
Net Income	614 000	112 000	−31 000	523 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	108 000	150 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	11 000	35 000	100 000
Total Tangible Assets	6 000	11 000	35 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	119 000	185 000	185 000
Stock	959 000	766 000	1 369 000	1 947 000
Total Investments	0	0	0	0
Cash, Bank	1 500 000	1 378 000	1 260 000	985 000
Total Current Assets	2 766 000	2 340 000	2 651 000	2 993 000
Total Assets	2 894 000	2 459 000	2 836 000	3 178 000
Total Equity	702 000	1 114 000	1 464 000	1 495 000
Short-Term Group Debt	675 000	0	0	404 000
Total Long-Term Debt	0	0	0	0
Creditors	234 000	145 000	204 000	269 000
Unpaid Taxes	303 000	301 000	355 000	324 000
Dividends	500 000	500 000	0	0
Other Current Debt	441 000	400 000	756 000	630 000
Total Current Debt	2 193 000	1 345 000	1 372 000	1 683 000
Total Equity and Debt	2 894 000	2 459 000	2 836 000	3 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,46 %	10,05 %	−2,12 %	34,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,77 %	2,25 %	−0,44 %	7,22 %
Current Ratio	1,26	1,74	1,93	1,78
Quick Ratio	2,24	4,04	883,67	−11,34
Equity Ratio	0,24	0,45	0,52	0,47
Gross Profit Margin	56,13 %	56 %	50,51 %	57,8 %