NORTEKO AS

2013 SKJETTEN

Finances

Return on Equity

43,14 %

Current Ratio

5,61

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 935 000	8 848 000	21 590 000	16 448 000
Net Income	3 134 000	57 000	2 392 000	1 289 000
Total Assets	12 064 000	11 039 000	15 276 000	11 332 000
Total Equity	7 265 000	4 131 000	5 573 000	4 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 935 000	8 848 000	21 590 000	16 448 000
Expenditure	4 710 000	8 659 000	18 433 000	14 729 000
Operating Profit	1 224 000	188 000	3 158 000	1 720 000
Financial Income	2 315 000	6 000	21 000	24 000
Financial Costs	169 000	116 000	104 000	78 000
Financial Balance	2 146 000	−110 000	−83 000	−54 000
Earnings Before Tax	3 370 000	78 000	3 075 000	1 666 000
Tax	236 000	20 000	683 000	378 000
Net Income	3 134 000	57 000	2 392 000	1 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 525 000	3 992 000	4 099 000	2 187 000
Total Current Assets	7 539 000	7 047 000	11 177 000	9 145 000
Total Assets	12 064 000	11 039 000	15 276 000	11 332 000
Total Retained Equity	7 235 000	4 101 000	5 543 000	4 151 000
Total Equity	7 265 000	4 131 000	5 573 000	4 181 000
Total Long-Term Debt	3 456 000	3 491 000	3 159 000	1 740 000
Total Current Debt	1 343 000	3 418 000	6 543 000	5 411 000
Total Equity and Debt	12 064 000	11 039 000	15 276 000	11 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 180 000	8 316 000	21 571 000	16 241 000
Other Income	755 000	532 000	19 000	207 000
Revenue	5 935 000	8 848 000	21 590 000	16 448 000
Cost of Goods Sold	160 000	2 504 000	5 602 000	4 975 000
Salary Costs	2 644 000	3 200 000	9 355 000	7 024 000
Depreciation	925 000	1 146 000	691 000	567 000
Impairment	0	0	0	0
Expenditure	4 710 000	8 659 000	18 433 000	14 729 000
Operating Profit	1 224 000	188 000	3 158 000	1 720 000
Financial Income	2 315 000	6 000	21 000	24 000
Financial Costs	169 000	116 000	104 000	78 000
Financial Balance	2 146 000	−110 000	−83 000	−54 000
Dividends	0	1 500 000	1 000 000	1 500 000
Net Income	3 134 000	57 000	2 392 000	1 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 142 000	3 810 000	3 854 000	2 006 000
Total Tangible Assets	4 142 000	3 810 000	3 854 000	2 006 000
Total Fiancial Fixed Assets	383 000	183 000	245 000	180 000
Total Fixed Assets	4 525 000	3 992 000	4 099 000	2 187 000
Stock	0	0	0	0
Total Investments	0	350 000	350 000	0
Cash, Bank	4 155 000	3 520 000	5 399 000	4 231 000
Total Current Assets	7 539 000	7 047 000	11 177 000	9 145 000
Total Assets	12 064 000	11 039 000	15 276 000	11 332 000
Total Equity	7 265 000	4 131 000	5 573 000	4 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 456 000	3 491 000	3 159 000	1 740 000
Creditors	318 000	242 000	1 451 000	1 190 000
Unpaid Taxes	458 000	711 000	1 344 000	1 103 000
Dividends	0	1 500 000	1 000 000	1 500 000
Other Current Debt	481 000	924 000	2 119 000	1 265 000
Total Current Debt	1 343 000	3 418 000	6 543 000	5 411 000
Total Equity and Debt	12 064 000	11 039 000	15 276 000	11 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,14 %	1,38 %	42,92 %	30,83 %
Debt-to-Equity Ratio	0,48	0,85	0,57	0,42
Operating Profit Margin	20,62 %	2,12 %	14,63 %	10,46 %
Current Ratio	5,61	2,06	1,71	1,69
Quick Ratio	5,61	2,06	1,71	1,69
Equity Ratio	0,6	0,37	0,36	0,37
Gross Profit Margin	97,3 %	71,7 %	74,05 %	69,75 %