NORSECRAFT TEC AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

73,95 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 418 000	47 742 000	40 301 000	44 884 000
Net Income	4 403 000	3 864 000	1 637 000	2 419 000
Total Assets	19 726 000	17 655 000	17 991 000	22 779 000
Total Equity	5 954 000	5 251 000	5 387 000	8 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 418 000	47 742 000	40 301 000	44 884 000
Expenditure	44 698 000	42 871 000	38 128 000	41 615 000
Operating Profit	5 719 000	4 871 000	2 173 000	3 268 000
Financial Income	351 000	288 000	296 000	104 000
Financial Costs	424 000	204 000	369 000	259 000
Financial Balance	−73 000	84 000	−73 000	−155 000
Earnings Before Tax	5 646 000	4 954 000	2 099 000	3 113 000
Tax	1 243 000	1 090 000	463 000	694 000
Net Income	4 403 000	3 864 000	1 637 000	2 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	556 000	410 000	108 000	150 000
Total Current Assets	19 170 000	17 244 000	17 883 000	22 630 000
Total Assets	19 726 000	17 655 000	17 991 000	22 779 000
Total Retained Equity	5 853 000	5 150 000	5 286 000	8 849 000
Total Equity	5 954 000	5 251 000	5 387 000	8 950 000
Total Long-Term Debt	1 637 000	956 000	200 000	200 000
Total Current Debt	12 135 000	11 447 000	12 404 000	13 629 000
Total Equity and Debt	19 726 000	17 655 000	17 991 000	22 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 418 000	47 742 000	40 301 000	44 884 000
Other Income	0	0	0	0
Revenue	50 418 000	47 742 000	40 301 000	44 884 000
Cost of Goods Sold	22 588 000	22 683 000	18 207 000	20 920 000
Salary Costs	15 618 000	14 864 000	14 336 000	14 753 000
Depreciation	40 000	3 000	0	8 000
Impairment	0	0	0	0
Expenditure	44 698 000	42 871 000	38 128 000	41 615 000
Operating Profit	5 719 000	4 871 000	2 173 000	3 268 000
Financial Income	351 000	288 000	296 000	104 000
Financial Costs	424 000	204 000	369 000	259 000
Financial Balance	−73 000	84 000	−73 000	−155 000
Dividends	3 700 000	4 000 000	5 200 000	6 000 000
Net Income	4 403 000	3 864 000	1 637 000	2 419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	294 000	181 000	80 000	82 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	262 000	229 000	0	0
Total Tangible Assets	262 000	229 000	0	0
Total Fiancial Fixed Assets	0	0	28 000	68 000
Total Fixed Assets	556 000	410 000	108 000	150 000
Stock	8 778 000	5 641 000	7 014 000	6 739 000
Total Investments	0	0	0	0
Cash, Bank	3 848 000	4 055 000	6 808 000	10 044 000
Total Current Assets	19 170 000	17 244 000	17 883 000	22 630 000
Total Assets	19 726 000	17 655 000	17 991 000	22 779 000
Total Equity	5 954 000	5 251 000	5 387 000	8 950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 637 000	956 000	200 000	200 000
Creditors	2 734 000	0	2 016 000	2 155 000
Unpaid Taxes	2 591 000	2 386 000	2 175 000	2 381 000
Dividends	3 700 000	4 000 000	5 200 000	6 000 000
Other Current Debt	1 755 000	3 869 000	2 552 000	2 393 000
Total Current Debt	12 135 000	11 447 000	12 404 000	13 629 000
Total Equity and Debt	19 726 000	17 655 000	17 991 000	22 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,95 %	73,59 %	30,39 %	27,03 %
Debt-to-Equity Ratio	0,27	0,18	0,04	0,02
Operating Profit Margin	11,34 %	10,2 %	5,39 %	7,28 %
Current Ratio	1,58	1,51	1,44	1,66
Quick Ratio	5,71	2,97	3,32	3,28
Equity Ratio	0,3	0,3	0,3	0,39
Gross Profit Margin	55,2 %	52,49 %	54,82 %	53,39 %