NORTEK SECURITY & TECHNOLOGY AS

3050 MJØNDALEN

Finances

Share Ownership

Return on Equity

32,34 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 579 000	57 806 000	56 709 000	39 236 000
Net Income	6 208 000	2 966 000	4 205 000	624 000
Total Assets	33 287 000	22 455 000	16 117 000	12 019 000
Total Equity	19 195 000	12 987 000	10 021 000	5 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 579 000	57 806 000	56 709 000	39 236 000
Expenditure	63 436 000	53 970 000	51 428 000	38 203 000
Operating Profit	8 142 000	3 836 000	5 282 000	1 031 000
Financial Income	347 000	214 000	569 000	108 000
Financial Costs	530 000	248 000	460 000	339 000
Financial Balance	−183 000	−34 000	109 000	−231 000
Earnings Before Tax	7 959 000	3 802 000	5 391 000	800 000
Tax	1 751 000	836 000	1 186 000	176 000
Net Income	6 208 000	2 966 000	4 205 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	560 000	414 000	114 000	95 000
Total Current Assets	32 728 000	22 041 000	16 002 000	11 924 000
Total Assets	33 287 000	22 455 000	16 117 000	12 019 000
Total Retained Equity	19 095 000	12 887 000	9 921 000	5 716 000
Total Equity	19 195 000	12 987 000	10 021 000	5 816 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 092 000	9 468 000	6 095 000	6 203 000
Total Equity and Debt	33 287 000	22 455 000	16 117 000	12 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 579 000	57 806 000	56 709 000	39 225 000
Other Income	0	0	0	11 000
Revenue	71 579 000	57 806 000	56 709 000	39 236 000
Cost of Goods Sold	36 541 000	31 658 000	33 081 000	22 512 000
Salary Costs	18 825 000	16 131 000	14 183 000	12 058 000
Depreciation	48 000	25 000	24 000	25 000
Impairment	0	0	0	0
Expenditure	63 436 000	53 970 000	51 428 000	38 203 000
Operating Profit	8 142 000	3 836 000	5 282 000	1 031 000
Financial Income	347 000	214 000	569 000	108 000
Financial Costs	530 000	248 000	460 000	339 000
Financial Balance	−183 000	−34 000	109 000	−231 000
Dividends	0	0	0	0
Net Income	6 208 000	2 966 000	4 205 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	398 000	329 000	47 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	85 000	67 000	57 000
Total Tangible Assets	161 000	85 000	67 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	560 000	414 000	114 000	95 000
Stock	14 281 000	7 095 000	7 547 000	4 966 000
Total Investments	0	0	0	0
Cash, Bank	10 860 000	8 582 000	3 854 000	2 458 000
Total Current Assets	32 728 000	22 041 000	16 002 000	11 924 000
Total Assets	33 287 000	22 455 000	16 117 000	12 019 000
Total Equity	19 195 000	12 987 000	10 021 000	5 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 212 000	2 473 000	632 000	2 570 000
Unpaid Taxes	4 879 000	3 807 000	2 433 000	2 273 000
Dividends	0	0	0	0
Other Current Debt	2 181 000	2 069 000	1 830 000	1 184 000
Total Current Debt	14 092 000	9 468 000	6 095 000	6 203 000
Total Equity and Debt	33 287 000	22 455 000	16 117 000	12 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,34 %	22,84 %	41,96 %	10,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,37 %	6,64 %	9,31 %	2,63 %
Current Ratio	2,32	2,33	2,63	1,92
Quick Ratio	−173,16	9,29	−11,02	9,64
Equity Ratio	0,58	0,58	0,62	0,48
Gross Profit Margin	48,95 %	45,23 %	41,67 %	42,62 %