NEWSEC SØR AS

4610 KRISTIANSAND S

Finances

Return on Equity

63,08 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 591 000	8 351 000	4 841 000	3 924 000
Net Income	1 013 000	190 000	−190 000	6 000
Total Assets	3 641 000	3 282 000	1 673 000	1 601 000
Total Equity	1 606 000	594 000	404 000	594 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 591 000	8 351 000	4 841 000	3 924 000
Expenditure	11 308 000	8 087 000	5 083 000	3 917 000
Operating Profit	1 284 000	264 000	−242 000	8 000
Financial Income	19 000	0	2 000	2 000
Financial Costs	0	2 000	2 000	2 000
Financial Balance	19 000	−2 000	0	0
Earnings Before Tax	1 303 000	262 000	−242 000	8 000
Tax	290 000	72 000	−53 000	2 000
Net Income	1 013 000	190 000	−190 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	583 000	885 000	813 000	585 000
Total Current Assets	3 058 000	2 397 000	860 000	1 017 000
Total Assets	3 641 000	3 282 000	1 673 000	1 601 000
Total Retained Equity	−886 000	−1 899 000	−2 088 000	−1 899 000
Total Equity	1 606 000	594 000	404 000	594 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 035 000	2 688 000	1 269 000	1 008 000
Total Equity and Debt	3 641 000	3 282 000	1 673 000	1 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 591 000	8 351 000	4 841 000	3 924 000
Other Income	0	0	0	0
Revenue	12 591 000	8 351 000	4 841 000	3 924 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 748 000	5 495 000	3 658 000	3 219 000
Depreciation	39 000	36 000	24 000	52 000
Impairment	0	0	0	0
Expenditure	11 308 000	8 087 000	5 083 000	3 917 000
Operating Profit	1 284 000	264 000	−242 000	8 000
Financial Income	19 000	0	2 000	2 000
Financial Costs	0	2 000	2 000	2 000
Financial Balance	19 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	1 013 000	190 000	−190 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	227 000	517 000	590 000	537 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	168 000	23 000	48 000
Total Tangible Assets	156 000	168 000	23 000	48 000
Total Fiancial Fixed Assets	200 000	200 000	200 000	0
Total Fixed Assets	583 000	885 000	813 000	585 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 631 000	523 000	377 000	416 000
Total Current Assets	3 058 000	2 397 000	860 000	1 017 000
Total Assets	3 641 000	3 282 000	1 673 000	1 601 000
Total Equity	1 606 000	594 000	404 000	594 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	412 000	321 000	178 000	52 000
Unpaid Taxes	711 000	658 000	409 000	323 000
Dividends	0	0	0	0
Other Current Debt	912 000	1 709 000	682 000	633 000
Total Current Debt	2 035 000	2 688 000	1 269 000	1 008 000
Total Equity and Debt	3 641 000	3 282 000	1 673 000	1 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,08 %	31,99 %	−47,03 %	1,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,2 %	3,16 %	−5 %	0,2 %
Current Ratio	1,5	0,89	0,68	1,01
Quick Ratio	1,5	0,89	0,68	1,01
Equity Ratio	0,44	0,18	0,24	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %