Nortech Systems

Nortech Systems, Inc., is a full-service electronics manufacturing services provider of wire and cable assemblies, printed circuit board assemblies and diagnostic repair and integration services including, higher-level assemblies and box builds for a wide range of industries. Markets served include medical, automotive, aerospace, computer peripheral, commercial, telecom, government and consumer. Nortech Systems has a range of specialized, high-tech facilities used for customized design, manufacture, testing and repair of its solutions.
Company Growth (employees)
Maple Grove, US
Size (employees)
673 (est)
Nortech Systems was founded in 1981 and is headquartered in Maple Grove, US

Nortech Systems Office Locations

Nortech Systems has offices in Maple Grove, Augusta, Bemidji, Blue Earth and in 5 other locations
Maple Grove, US (HQ)
150 7550 Meridian Cir N
Augusta, US
750 Industrial Dr
Bemidji, US
4050 Norris Ct NW
Blue Earth, US
1930 W 1st St
Mankato, US
1950 Excel Dr
Merrifield, US
12136 Crystal Lake Rd
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Nortech Systems Financials and Metrics

Nortech Systems Financials

Nortech Systems's revenue was reported to be $116.6 m in FY, 2016

Revenue (Q2, 2017)

30.1 m

Gross profit (Q2, 2017)

3.4 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(15.7 k)

EBIT (Q2, 2017)

94.7 k

Market capitalization (08-Dec-2017)

11.3 m

Cash (30-Jun-2017)

190.7 k
Nortech Systems's current market capitalization is $11.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


111.1 m112 m115.2 m116.6 m

Revenue growth, %


Cost of goods sold

103.1 m102.8 m

Gross profit

12.1 m13.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


26.5 m26.8 m30.4 m29 m28.9 m29.7 m28.3 m30.1 m

Cost of goods sold

23.7 m24.4 m27.5 m25.6 m25.8 m25.9 m25.2 m26.8 m

Gross profit

2.9 m2.4 m2.9 m3.4 m3.1 m3.8 m3.1 m3.4 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


66.4 k887268.2 k

Accounts Receivable

16 m17.4 m18.4 m


17.4 m18.5 m20.2 m20.7 m

Current Assets

34.9 m37.7 m40.4 m39.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


482.6 k336.2 k203.5 k47.5 k68.8 k12.2 k740.9 k13.5 k61.1 k205.5 k190.7 k

Accounts Receivable

16.4 m


18.6 m18.8 m19.4 m20.4 m19.5 m20.6 m21.7 m21.6 m

Current Assets

36 m36.1 m36.2 m38.3 m38 m39.9 m42.1 m39.7 m41.3 m41.1 m40.3 m40.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

787.4 k880 k(571.4 k)43.8 k

Depreciation and Amortization

2 m2 m2.2 m2.1 m

Accounts Receivable

(2.4 m)(1.3 m)(864.1 k)1.1 m


237.4 k(1.1 m)(1.7 m)(489.1 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

546.2 k86.2 k332.9 k665.6 k(192.8 k)(571.1 k)(694.8 k)62.9 k(117.3 k)(54 k)(14.7 k)

Depreciation and Amortization

1.5 m497.4 k999.2 k1.5 m516.7 k1.1 m1.6 m517.1 k1 m1.6 m

Accounts Receivable

(1.5 m)621.4 k869.6 k424.8 k957.5 k710.8 k(1.6 m)2.2 m329.8 k743.1 k


(983.5 k)(1.4 m)(2 m)(3 m)(988.8 k)(2.1 m)(1.7 m)(1.1 m)(1.3 m)(1.6 m)21.7 m
Y, 2017

Financial Leverage

2.5 x
Show all financial metrics

Nortech Systems Market Value History

Nortech Systems's Web-traffic and Trends

Nortech Systems Online and Social Media Presence

Nortech Systems Company Life and Culture

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