NORWEGIAN CONTRACTING CENTER AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

52,65 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 966 000	11 111 000	5 633 000	6 398 000
Net Income	1 310 000	539 000	390 000	40 000
Total Assets	5 242 000	4 644 000	2 129 000	2 195 000
Total Equity	2 488 000	1 178 000	639 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 966 000	11 111 000	5 633 000	6 398 000
Expenditure	18 547 000	10 250 000	4 978 000	6 318 000
Operating Profit	1 419 000	861 000	654 000	80 000
Financial Income	467 000	82 000	169 000	59 000
Financial Costs	206 000	252 000	324 000	89 000
Financial Balance	261 000	−170 000	−155 000	−30 000
Earnings Before Tax	1 680 000	691 000	500 000	51 000
Tax	370 000	152 000	110 000	11 000
Net Income	1 310 000	539 000	390 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	184 000	192 000	264 000
Total Current Assets	5 062 000	4 460 000	1 937 000	1 931 000
Total Assets	5 242 000	4 644 000	2 129 000	2 195 000
Total Retained Equity	2 088 000	778 000	239 000	−150 000
Total Equity	2 488 000	1 178 000	639 000	250 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 754 000	3 466 000	1 489 000	1 945 000
Total Equity and Debt	5 242 000	4 644 000	2 129 000	2 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 966 000	11 111 000	5 633 000	6 398 000
Other Income	0	0	0	0
Revenue	19 966 000	11 111 000	5 633 000	6 398 000
Cost of Goods Sold	18 135 000	9 588 000	4 713 000	5 577 000
Salary Costs	227 000	477 000	408 000	302 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 547 000	10 250 000	4 978 000	6 318 000
Operating Profit	1 419 000	861 000	654 000	80 000
Financial Income	467 000	82 000	169 000	59 000
Financial Costs	206 000	252 000	324 000	89 000
Financial Balance	261 000	−170 000	−155 000	−30 000
Dividends	0	0	0	0
Net Income	1 310 000	539 000	390 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	180 000	184 000	192 000	264 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	184 000	192 000	264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	300 000	140 000	135 000
Total Current Assets	5 062 000	4 460 000	1 937 000	1 931 000
Total Assets	5 242 000	4 644 000	2 129 000	2 195 000
Total Equity	2 488 000	1 178 000	639 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 847 000	2 770 000	869 000	1 180 000
Unpaid Taxes	6 000	18 000	24 000	16 000
Dividends	0	0	0	0
Other Current Debt	35 000	39 000	59 000	193 000
Total Current Debt	2 754 000	3 466 000	1 489 000	1 945 000
Total Equity and Debt	5 242 000	4 644 000	2 129 000	2 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,65 %	45,76 %	61,03 %	16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,11 %	7,75 %	11,61 %	1,25 %
Current Ratio	1,84	1,29	1,3	0,99
Quick Ratio	1,84	1,29	1,3	0,99
Equity Ratio	0,47	0,25	0,3	0,11
Gross Profit Margin	9,17 %	13,71 %	16,33 %	12,83 %