NORWEGIAN CENTRE OF MARITIME COMMUNICATION AS

6060 HAREID

Finances

Return on Equity

23,09 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 892 000	2 018 000	3 755 000	4 212 000
Net Income	645 000	212 000	607 000	1 035 000
Total Assets	12 002 000	9 281 000	8 817 000	6 955 000
Total Equity	2 794 000	2 149 000	1 936 000	1 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 892 000	2 018 000	3 755 000	4 212 000
Expenditure	1 938 000	1 641 000	2 967 000	3 028 000
Operating Profit	954 000	378 000	788 000	1 184 000
Financial Income	8 000	3 000	75 000	42 000
Financial Costs	167 000	169 000	256 000	191 000
Financial Balance	−159 000	−166 000	−181 000	−149 000
Earnings Before Tax	795 000	212 000	607 000	1 035 000
Tax	150 000	0	0	0
Net Income	645 000	212 000	607 000	1 035 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 751 000	5 689 000	5 958 000	5 694 000
Total Current Assets	5 252 000	3 591 000	2 859 000	1 261 000
Total Assets	12 002 000	9 281 000	8 817 000	6 955 000
Total Retained Equity	699 000	54 000	−159 000	−765 000
Total Equity	2 794 000	2 149 000	1 936 000	1 329 000
Total Long-Term Debt	1 475 000	1 075 000	1 688 000	376 000
Total Current Debt	7 734 000	6 057 000	5 193 000	5 250 000
Total Equity and Debt	12 002 000	9 281 000	8 817 000	6 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 067 000	1 288 000	3 481 000	4 212 000
Other Income	825 000	730 000	274 000	0
Revenue	2 892 000	2 018 000	3 755 000	4 212 000
Cost of Goods Sold	1 022 000	484 000	1 798 000	2 378 000
Salary Costs	−227 000	45 000	−158 000	−559 000
Depreciation	365 000	433 000	728 000	428 000
Impairment	0	0	0	0
Expenditure	1 938 000	1 641 000	2 967 000	3 028 000
Operating Profit	954 000	378 000	788 000	1 184 000
Financial Income	8 000	3 000	75 000	42 000
Financial Costs	167 000	169 000	256 000	191 000
Financial Balance	−159 000	−166 000	−181 000	−149 000
Dividends	0	0	0	0
Net Income	645 000	212 000	607 000	1 035 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 722 000	5 629 000	5 724 000	5 316 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	60 000	233 000	377 000
Total Tangible Assets	28 000	60 000	233 000	377 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 751 000	5 689 000	5 958 000	5 694 000
Stock	950 000	888 000	697 000	1 060 000
Total Investments	41 000	41 000	13 000	0
Cash, Bank	80 000	249 000	305 000	56 000
Total Current Assets	5 252 000	3 591 000	2 859 000	1 261 000
Total Assets	12 002 000	9 281 000	8 817 000	6 955 000
Total Equity	2 794 000	2 149 000	1 936 000	1 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 475 000	1 075 000	1 688 000	376 000
Creditors	3 103 000	1 652 000	2 556 000	2 125 000
Unpaid Taxes	144 000	60 000	203 000	148 000
Dividends	0	0	0	0
Other Current Debt	4 487 000	4 345 000	2 433 000	1 449 000
Total Current Debt	7 734 000	6 057 000	5 193 000	5 250 000
Total Equity and Debt	12 002 000	9 281 000	8 817 000	6 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,09 %	9,87 %	31,35 %	77,88 %
Debt-to-Equity Ratio	0,53	0,5	0,87	0,28
Operating Profit Margin	32,99 %	18,73 %	20,99 %	28,11 %
Current Ratio	0,68	0,59	0,55	0,24
Quick Ratio	0,77	0,69	0,64	0,3
Equity Ratio	0,23	0,23	0,22	0,19
Gross Profit Margin	64,66 %	76,02 %	52,12 %	43,54 %