NECTO AS

4608 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

85,32 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 595 000	28 524 000	24 860 000	20 772 000
Net Income	4 394 000	6 227 000	5 635 000	5 149 000
Total Assets	16 834 000	17 964 000	16 033 000	14 449 000
Total Equity	5 150 000	6 256 000	6 029 000	3 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 595 000	28 524 000	24 860 000	20 772 000
Expenditure	20 937 000	20 749 000	17 420 000	14 164 000
Operating Profit	5 657 000	7 774 000	7 439 000	6 607 000
Financial Income	45 000	2 000	5 000	3 000
Financial Costs	62 000	2 000	10 000	3 000
Financial Balance	−17 000	0	−5 000	0
Earnings Before Tax	5 639 000	7 775 000	7 434 000	6 607 000
Tax	1 245 000	1 548 000	1 799 000	1 458 000
Net Income	4 394 000	6 227 000	5 635 000	5 149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	53 000	86 000	26 000
Total Current Assets	16 815 000	17 911 000	15 947 000	14 422 000
Total Assets	16 834 000	17 964 000	16 033 000	14 449 000
Total Retained Equity	4 625 000	5 731 000	5 504 000	3 370 000
Total Equity	5 150 000	6 256 000	6 029 000	3 895 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 684 000	11 708 000	10 004 000	10 554 000
Total Equity and Debt	16 834 000	17 964 000	16 033 000	14 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 595 000	28 524 000	24 860 000	20 772 000
Other Income	0	0	0	0
Revenue	26 595 000	28 524 000	24 860 000	20 772 000
Cost of Goods Sold	6 333 000	9 179 000	5 758 000	6 056 000
Salary Costs	12 348 000	9 926 000	8 938 000	6 359 000
Depreciation	33 000	33 000	40 000	43 000
Impairment	0	0	0	0
Expenditure	20 937 000	20 749 000	17 420 000	14 164 000
Operating Profit	5 657 000	7 774 000	7 439 000	6 607 000
Financial Income	45 000	2 000	5 000	3 000
Financial Costs	62 000	2 000	10 000	3 000
Financial Balance	−17 000	0	−5 000	0
Dividends	5 500 000	6 000 000	3 500 000	5 500 000
Net Income	4 394 000	6 227 000	5 635 000	5 149 000

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	19 000	53 000	86 000	26 000
Total Tangible Assets	19 000	53 000	86 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	53 000	86 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 500 000	7 127 000	8 268 000	6 286 000
Total Current Assets	16 815 000	17 911 000	15 947 000	14 422 000
Total Assets	16 834 000	17 964 000	16 033 000	14 449 000
Total Equity	5 150 000	6 256 000	6 029 000	3 895 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	983 000	980 000	285 000	1 831 000
Unpaid Taxes	2 831 000	2 156 000	2 694 000	803 000
Dividends	5 500 000	6 000 000	3 500 000	5 500 000
Other Current Debt	1 125 000	1 025 000	1 725 000	961 000
Total Current Debt	11 684 000	11 708 000	10 004 000	10 554 000
Total Equity and Debt	16 834 000	17 964 000	16 033 000	14 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,32 %	99,54 %	93,46 %	132,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,27 %	27,25 %	29,92 %	31,81 %
Current Ratio	1,44	1,53	1,59	1,37
Quick Ratio	1,44	1,53	1,59	1,37
Equity Ratio	0,31	0,35	0,38	0,27
Gross Profit Margin	76,19 %	67,82 %	76,84 %	70,85 %