NEC AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

34,03 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 467 000	21 862 000	29 378 000	24 938 000
Net Income	49 000	21 000	545 000	1 211 000
Total Assets	13 927 000	15 494 000	14 693 000	13 486 000
Total Equity	144 000	135 000	177 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 467 000	21 862 000	29 378 000	24 938 000
Expenditure	19 129 000	21 421 000	28 367 000	23 198 000
Operating Profit	314 000	441 000	1 012 000	1 740 000
Financial Income	40 000	27 000	53 000	70 000
Financial Costs	292 000	442 000	366 000	254 000
Financial Balance	−252 000	−415 000	−313 000	−184 000
Earnings Before Tax	62 000	27 000	699 000	1 555 000
Tax	14 000	6 000	154 000	344 000
Net Income	49 000	21 000	545 000	1 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	31 000	109 000	175 000
Total Current Assets	13 914 000	15 463 000	14 584 000	13 311 000
Total Assets	13 927 000	15 494 000	14 693 000	13 486 000
Total Retained Equity	44 000	35 000	77 000	161 000
Total Equity	144 000	135 000	177 000	261 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	13 783 000	15 358 000	14 516 000	13 221 000
Total Equity and Debt	13 927 000	15 494 000	14 693 000	13 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 467 000	21 862 000	29 378 000	24 938 000
Other Income	0	0	0	0
Revenue	19 467 000	21 862 000	29 378 000	24 938 000
Cost of Goods Sold	0	619 000	122 000	66 000
Salary Costs	18 725 000	20 143 000	27 778 000	22 788 000
Depreciation	15 000	90 000	90 000	68 000
Impairment	0	0	0	0
Expenditure	19 129 000	21 421 000	28 367 000	23 198 000
Operating Profit	314 000	441 000	1 012 000	1 740 000
Financial Income	40 000	27 000	53 000	70 000
Financial Costs	292 000	442 000	366 000	254 000
Financial Balance	−252 000	−415 000	−313 000	−184 000
Dividends	0	0	0	0
Net Income	49 000	21 000	545 000	1 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	16 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	15 000	105 000	175 000
Total Tangible Assets	0	15 000	105 000	175 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	31 000	109 000	175 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 923 000	2 350 000	7 596 000	6 013 000
Total Current Assets	13 914 000	15 463 000	14 584 000	13 311 000
Total Assets	13 927 000	15 494 000	14 693 000	13 486 000
Total Equity	144 000	135 000	177 000	261 000
Short-Term Group Debt	10 666 000	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	223 000	233 000	229 000	29 000
Unpaid Taxes	1 670 000	2 478 000	2 249 000	2 621 000
Dividends	0	0	0	0
Other Current Debt	1 223 000	12 647 000	12 039 000	10 571 000
Total Current Debt	13 783 000	15 358 000	14 516 000	13 221 000
Total Equity and Debt	13 927 000	15 494 000	14 693 000	13 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,03 %	15,56 %	307,91 %	463,98 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	1,61 %	2,02 %	3,44 %	6,98 %
Current Ratio	1,01	1,01	1	1,01
Quick Ratio	1,01	1,01	1	1,01
Equity Ratio	0,01	0,01	0,01	0,02
Gross Profit Margin	100 %	97,17 %	99,58 %	99,74 %