NORTEK AS

1351 RUD

Finances

Share Ownership

Return on Equity

65,03 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	339 844 000	233 863 000	314 044 000	297 027 000
Net Income	81 747 000	48 046 000	47 695 000	50 475 000
Total Assets	243 683 000	168 349 000	248 035 000	233 499 000
Total Equity	125 710 000	47 436 000	131 395 000	161 461 000

Income (NOK)	2022	2021	2020	2019
Revenue	339 844 000	233 863 000	314 044 000	297 027 000
Expenditure	246 341 000	180 509 000	243 748 000	237 947 000
Operating Profit	93 503 000	53 354 000	70 297 000	59 081 000
Financial Income	18 050 000	10 898 000	13 796 000	9 437 000
Financial Costs	6 933 000	4 113 000	25 664 000	4 555 000
Financial Balance	11 117 000	6 785 000	−11 868 000	4 882 000
Earnings Before Tax	104 620 000	60 139 000	58 429 000	63 964 000
Tax	22 873 000	12 093 000	10 734 000	13 488 000
Net Income	81 747 000	48 046 000	47 695 000	50 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 499 000	50 924 000	32 266 000	28 039 000
Total Current Assets	193 184 000	117 425 000	215 769 000	205 460 000
Total Assets	243 683 000	168 349 000	248 035 000	233 499 000
Total Retained Equity	113 399 000	35 125 000	114 683 000	142 738 000
Total Equity	125 710 000	47 436 000	131 395 000	161 461 000
Total Long-Term Debt	0	0	365 000	466 000
Total Current Debt	117 975 000	120 913 000	116 275 000	71 573 000
Total Equity and Debt	243 685 000	168 349 000	248 035 000	233 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	339 844 000	233 863 000	279 976 000	292 563 000
Other Income	0	0	34 068 000	4 465 000
Revenue	339 844 000	233 863 000	314 044 000	297 027 000
Cost of Goods Sold	94 638 000	64 094 000	76 898 000	77 369 000
Salary Costs	106 758 000	86 377 000	117 809 000	100 019 000
Depreciation	3 459 000	3 325 000	7 312 000	6 867 000
Impairment	0	0	0	0
Expenditure	246 341 000	180 509 000	243 748 000	237 947 000
Operating Profit	93 503 000	53 354 000	70 297 000	59 081 000
Financial Income	18 050 000	10 898 000	13 796 000	9 437 000
Financial Costs	6 933 000	4 113 000	25 664 000	4 555 000
Financial Balance	11 117 000	6 785 000	−11 868 000	4 882 000
Dividends	0	0	0	0
Net Income	81 747 000	48 046 000	47 695 000	50 475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	79 000
Total Intangible Assets	51 000	54 000	439 000	1 975 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	15 601 000	7 716 000
Fixtures	15 253 000	14 842 000	4 132 000	5 638 000
Total Tangible Assets	15 253 000	14 842 000	19 733 000	13 354 000
Total Fiancial Fixed Assets	35 195 000	36 027 000	12 094 000	12 710 000
Total Fixed Assets	50 499 000	50 924 000	32 266 000	28 039 000
Stock	47 471 000	43 317 000	52 375 000	44 987 000
Total Investments	0	0	60 000	36 208 000
Cash, Bank	82 567 000	39 985 000	117 464 000	73 152 000
Total Current Assets	193 184 000	117 425 000	215 769 000	205 460 000
Total Assets	243 683 000	168 349 000	248 035 000	233 499 000
Total Equity	125 710 000	47 436 000	131 395 000	161 461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	365 000	466 000
Creditors	17 363 000	10 981 000	21 643 000	17 927 000
Unpaid Taxes	12 255 000	8 686 000	12 323 000	11 400 000
Dividends	0	0	0	0
Other Current Debt	67 155 000	91 296 000	14 676 000	13 154 000
Total Current Debt	117 975 000	120 913 000	116 275 000	71 573 000
Total Equity and Debt	243 685 000	168 349 000	248 035 000	233 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,03 %	101,29 %	36,3 %	31,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,51 %	22,81 %	22,38 %	19,89 %
Current Ratio	1,64	0,97	1,86	2,87
Quick Ratio	2,74	1,51	3,38	7,73
Equity Ratio	0,52	0,28	0,53	0,69
Gross Profit Margin	72,15 %	72,59 %	75,51 %	73,95 %