PROJECT NEON AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

20,05 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 520 000	8 017 000	4 151 000	2 319 000
Net Income	318 000	1 161 000	848 000	400 000
Total Assets	2 992 000	3 376 000	1 897 000	889 000
Total Equity	1 586 000	1 768 000	1 106 000	458 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 520 000	8 017 000	4 151 000	2 319 000
Expenditure	7 083 000	6 506 000	3 060 000	1 805 000
Operating Profit	436 000	1 512 000	1 090 000	515 000
Financial Income	12 000	7 000	6 000	1 000
Financial Costs	35 000	23 000	7 000	2 000
Financial Balance	−23 000	−16 000	−1 000	−1 000
Earnings Before Tax	413 000	1 495 000	1 089 000	513 000
Tax	95 000	334 000	241 000	113 000
Net Income	318 000	1 161 000	848 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	228 000	3 000	3 000
Total Current Assets	2 766 000	3 147 000	1 894 000	887 000
Total Assets	2 992 000	3 376 000	1 897 000	889 000
Total Retained Equity	1 556 000	1 738 000	1 076 000	428 000
Total Equity	1 586 000	1 768 000	1 106 000	458 000
Total Long-Term Debt	3 000	2 000	0	0
Total Current Debt	1 404 000	1 605 000	791 000	431 000
Total Equity and Debt	2 992 000	3 376 000	1 897 000	889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 520 000	8 017 000	4 151 000	2 319 000
Other Income	0	0	0	0
Revenue	7 520 000	8 017 000	4 151 000	2 319 000
Cost of Goods Sold	1 197 000	1 916 000	465 000	118 000
Salary Costs	4 669 000	3 637 000	2 073 000	1 255 000
Depreciation	39 000	28 000	0	0
Impairment	0	0	0	0
Expenditure	7 083 000	6 506 000	3 060 000	1 805 000
Operating Profit	436 000	1 512 000	1 090 000	515 000
Financial Income	12 000	7 000	6 000	1 000
Financial Costs	35 000	23 000	7 000	2 000
Financial Balance	−23 000	−16 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	318 000	1 161 000	848 000	400 000

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	166 000	166 000	0	0
Total Tangible Assets	166 000	166 000	0	0
Total Fiancial Fixed Assets	60 000	63 000	3 000	3 000
Total Fixed Assets	226 000	228 000	3 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 862 000	1 963 000	1 054 000	626 000
Total Current Assets	2 766 000	3 147 000	1 894 000	887 000
Total Assets	2 992 000	3 376 000	1 897 000	889 000
Total Equity	1 586 000	1 768 000	1 106 000	458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	2 000	0	0
Creditors	281 000	432 000	82 000	24 000
Unpaid Taxes	511 000	478 000	259 000	185 000
Dividends	0	0	0	0
Other Current Debt	517 000	364 000	208 000	109 000
Total Current Debt	1 404 000	1 605 000	791 000	431 000
Total Equity and Debt	2 992 000	3 376 000	1 897 000	889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,05 %	65,67 %	76,67 %	87,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,8 %	18,86 %	26,26 %	22,21 %
Current Ratio	1,97	1,96	2,39	2,06
Quick Ratio	1,97	1,96	2,39	2,06
Equity Ratio	0,53	0,52	0,58	0,52
Gross Profit Margin	84,08 %	76,1 %	88,8 %	94,91 %