NORTIC AS

1723 SARPSBORG

Finances

Return on Equity

2,62 %

Current Ratio

3,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 088 000	2 995 000	2 824 000	5 128 000
Net Income	136 000	3 000	−29 000	0
Total Assets	6 357 000	6 327 000	5 966 000	6 282 000
Total Equity	5 189 000	5 053 000	5 051 000	5 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 088 000	2 995 000	2 824 000	5 128 000
Expenditure	2 889 000	3 056 000	2 944 000	5 161 000
Operating Profit	199 000	−61 000	−120 000	−32 000
Financial Income	40 000	65 000	89 000	3 000
Financial Costs	53 000	9 000	28 000	58 000
Financial Balance	−13 000	56 000	61 000	−55 000
Earnings Before Tax	186 000	−6 000	−59 000	−88 000
Tax	50 000	−8 000	−30 000	−87 000
Net Income	136 000	3 000	−29 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 782 000	1 503 000	575 000	500 000
Total Current Assets	4 574 000	4 825 000	5 391 000	5 782 000
Total Assets	6 357 000	6 327 000	5 966 000	6 282 000
Total Retained Equity	4 189 000	4 053 000	4 051 000	4 079 000
Total Equity	5 189 000	5 053 000	5 051 000	5 079 000
Total Long-Term Debt	0	0	0	114 000
Total Current Debt	1 167 000	1 274 000	915 000	1 088 000
Total Equity and Debt	6 357 000	6 327 000	5 966 000	6 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 746 000	3 041 000	2 748 000	4 995 000
Other Income	342 000	−47 000	77 000	133 000
Revenue	3 088 000	2 995 000	2 824 000	5 128 000
Cost of Goods Sold	487 000	597 000	649 000	2 454 000
Salary Costs	1 131 000	1 250 000	1 217 000	1 554 000
Depreciation	158 000	130 000	131 000	135 000
Impairment	0	0	0	0
Expenditure	2 889 000	3 056 000	2 944 000	5 161 000
Operating Profit	199 000	−61 000	−120 000	−32 000
Financial Income	40 000	65 000	89 000	3 000
Financial Costs	53 000	9 000	28 000	58 000
Financial Balance	−13 000	56 000	61 000	−55 000
Dividends	0	0	0	0
Net Income	136 000	3 000	−29 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	126 000	118 000	87 000
Real Eastate	33 000	37 000	42 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	647 000	331 000	415 000	412 000
Total Tangible Assets	680 000	368 000	456 000	412 000
Total Fiancial Fixed Assets	1 027 000	1 009 000	1 000	1 000
Total Fixed Assets	1 782 000	1 503 000	575 000	500 000
Stock	0	0	0	0
Total Investments	261 000	239 000	212 000	0
Cash, Bank	2 352 000	2 383 000	4 829 000	3 883 000
Total Current Assets	4 574 000	4 825 000	5 391 000	5 782 000
Total Assets	6 357 000	6 327 000	5 966 000	6 282 000
Total Equity	5 189 000	5 053 000	5 051 000	5 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	114 000
Creditors	676 000	469 000	352 000	268 000
Unpaid Taxes	314 000	375 000	181 000	383 000
Dividends	0	0	0	0
Other Current Debt	177 000	430 000	382 000	438 000
Total Current Debt	1 167 000	1 274 000	915 000	1 088 000
Total Equity and Debt	6 357 000	6 327 000	5 966 000	6 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,62 %	0,06 %	−0,57 %	0 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	6,44 %	−2,04 %	−4,25 %	−0,62 %
Current Ratio	3,92	3,79	5,89	5,31
Quick Ratio	3,92	3,79	5,89	5,31
Equity Ratio	0,82	0,8	0,85	0,81
Gross Profit Margin	84,23 %	80,07 %	77,02 %	52,15 %