LOGTEK AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

160,91 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 825 000	47 623 000	47 073 000	46 237 000
Net Income	14 826 000	12 223 000	11 645 000	11 613 000
Total Assets	41 125 000	31 907 000	27 785 000	39 643 000
Total Equity	9 214 000	8 389 000	4 551 000	3 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 825 000	47 623 000	47 073 000	46 237 000
Expenditure	32 033 000	31 712 000	31 806 000	29 595 000
Operating Profit	18 792 000	15 911 000	15 266 000	16 641 000
Financial Income	426 000	2 621 000	102 000	663 000
Financial Costs	396 000	2 674 000	1 128 000	2 219 000
Financial Balance	30 000	−53 000	−1 026 000	−1 556 000
Earnings Before Tax	18 821 000	15 859 000	14 240 000	15 086 000
Tax	3 996 000	3 636 000	2 595 000	3 473 000
Net Income	14 826 000	12 223 000	11 645 000	11 613 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 455 000	5 160 000	5 985 000	6 479 000
Total Current Assets	34 670 000	26 747 000	21 800 000	33 163 000
Total Assets	41 125 000	31 907 000	27 785 000	39 643 000
Total Retained Equity	8 722 000	7 897 000	4 059 000	2 567 000
Total Equity	9 214 000	8 389 000	4 551 000	3 059 000
Total Long-Term Debt	0	0	0	269 000
Total Current Debt	31 910 000	23 519 000	23 234 000	36 315 000
Total Equity and Debt	41 125 000	31 907 000	27 785 000	39 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 777 000	47 508 000	46 878 000	46 729 000
Other Income	48 000	114 000	195 000	−492 000
Revenue	50 825 000	47 623 000	47 073 000	46 237 000
Cost of Goods Sold	3 517 000	3 427 000	4 177 000	2 023 000
Salary Costs	23 090 000	22 918 000	23 003 000	22 583 000
Depreciation	540 000	848 000	818 000	681 000
Impairment	0	0	0	0
Expenditure	32 033 000	31 712 000	31 806 000	29 595 000
Operating Profit	18 792 000	15 911 000	15 266 000	16 641 000
Financial Income	426 000	2 621 000	102 000	663 000
Financial Costs	396 000	2 674 000	1 128 000	2 219 000
Financial Balance	30 000	−53 000	−1 026 000	−1 556 000
Dividends	14 000 000	0	0	0
Net Income	14 826 000	12 223 000	11 645 000	11 613 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 561 000	0	0	0
Machinery and Plant Facilities	50 000	0	0	0
Fixtures	1 844 000	5 160 000	5 985 000	6 479 000
Total Tangible Assets	6 455 000	5 160 000	5 985 000	6 479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 455 000	5 160 000	5 985 000	6 479 000
Stock	0	0	0	0
Total Investments	461 000	1 375 000	713 000	1 254 000
Cash, Bank	2 573 000	8 786 000	3 908 000	2 609 000
Total Current Assets	34 670 000	26 747 000	21 800 000	33 163 000
Total Assets	41 125 000	31 907 000	27 785 000	39 643 000
Total Equity	9 214 000	8 389 000	4 551 000	3 059 000
Short-Term Group Debt	0	10 606 000	13 311 000	28 204 000
Total Long-Term Debt	0	0	0	269 000
Creditors	4 604 000	2 069 000	1 050 000	629 000
Unpaid Taxes	4 271 000	4 199 000	4 088 000	4 075 000
Dividends	14 000 000	0	0	0
Other Current Debt	5 040 000	5 374 000	4 785 000	3 811 000
Total Current Debt	31 910 000	23 519 000	23 234 000	36 315 000
Total Equity and Debt	41 125 000	31 907 000	27 785 000	39 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,91 %	145,7 %	255,88 %	379,63 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	36,97 %	33,41 %	32,43 %	35,99 %
Current Ratio	1,09	1,14	0,94	0,91
Quick Ratio	1,09	1,14	0,94	0,91
Equity Ratio	0,22	0,26	0,16	0,08
Gross Profit Margin	93,08 %	92,8 %	91,13 %	95,62 %