NEWSEC PROPERTY ASSET MANAGEMENT AS

7042 TRONDHEIM

Finances

Return on Equity

15,23 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	249 009 000	239 963 000	237 166 000	235 554 000
Net Income	5 302 000	12 305 000	15 664 000	7 452 000
Total Assets	161 067 000	110 013 000	117 578 000	123 143 000
Total Equity	34 816 000	30 234 000	17 929 000	41 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	249 009 000	239 963 000	237 166 000	235 554 000
Expenditure	254 028 000	236 105 000	231 539 000	234 887 000
Operating Profit	−5 020 000	3 858 000	5 627 000	667 000
Financial Income	13 565 000	12 466 000	14 796 000	8 956 000
Financial Costs	1 408 000	547 000	859 000	287 000
Financial Balance	12 157 000	11 919 000	13 937 000	8 669 000
Earnings Before Tax	7 137 000	15 777 000	19 563 000	9 337 000
Tax	1 834 000	3 472 000	3 900 000	1 885 000
Net Income	5 302 000	12 305 000	15 664 000	7 452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 185 000	67 999 000	62 336 000	65 459 000
Total Current Assets	69 882 000	42 014 000	55 242 000	57 684 000
Total Assets	161 067 000	110 013 000	117 578 000	123 143 000
Total Retained Equity	21 816 000	17 234 000	4 929 000	28 265 000
Total Equity	34 816 000	30 234 000	17 929 000	41 265 000
Total Long-Term Debt	57 781 000	18 226 000	22 246 000	23 328 000
Total Current Debt	68 470 000	61 552 000	77 403 000	58 550 000
Total Equity and Debt	161 067 000	110 013 000	117 578 000	123 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	245 940 000	237 098 000	234 043 000	232 770 000
Other Income	3 069 000	2 865 000	3 123 000	2 785 000
Revenue	249 009 000	239 963 000	237 166 000	235 554 000
Cost of Goods Sold	0	0	0	0
Salary Costs	127 806 000	121 644 000	121 203 000	130 399 000
Depreciation	6 002 000	7 052 000	9 577 000	7 543 000
Impairment	0	0	0	0
Expenditure	254 028 000	236 105 000	231 539 000	234 887 000
Operating Profit	−5 020 000	3 858 000	5 627 000	667 000
Financial Income	13 565 000	12 466 000	14 796 000	8 956 000
Financial Costs	1 408 000	547 000	859 000	287 000
Financial Balance	12 157 000	11 919 000	13 937 000	8 669 000
Dividends	0	0	15 000 000	0
Net Income	5 302 000	12 305 000	15 664 000	7 452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 913 000
Total Intangible Assets	7 215 000	6 489 000	5 035 000	2 340 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 010 000	0	0	0
Fixtures	1 200 000	7 746 000	11 210 000	18 808 000
Total Tangible Assets	6 210 000	7 746 000	11 210 000	18 808 000
Total Fiancial Fixed Assets	77 759 000	53 764 000	46 091 000	44 312 000
Total Fixed Assets	91 185 000	67 999 000	62 336 000	65 459 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 778 000	6 774 000	17 768 000	27 011 000
Total Current Assets	69 882 000	42 014 000	55 242 000	57 684 000
Total Assets	161 067 000	110 013 000	117 578 000	123 143 000
Total Equity	34 816 000	30 234 000	17 929 000	41 265 000
Short-Term Group Debt	22 505 000	0	0	0
Total Long-Term Debt	57 781 000	18 226 000	22 246 000	23 328 000
Creditors	13 297 000	12 343 000	13 589 000	9 051 000
Unpaid Taxes	8 454 000	9 088 000	8 875 000	10 191 000
Dividends	0	0	15 000 000	0
Other Current Debt	21 472 000	37 137 000	34 777 000	37 017 000
Total Current Debt	68 470 000	61 552 000	77 403 000	58 550 000
Total Equity and Debt	161 067 000	110 013 000	117 578 000	123 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,23 %	40,7 %	87,37 %	18,06 %
Debt-to-Equity Ratio	1,66	0,6	1,24	0,57
Operating Profit Margin	−2,02 %	1,61 %	2,37 %	0,28 %
Current Ratio	1,02	0,68	0,71	0,99
Quick Ratio	1,02	0,68	0,71	0,99
Equity Ratio	0,22	0,27	0,15	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %