NEWSEC PROJECT AS

0250 OSLO

Finances

Share Ownership

Return on Equity

118,24 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 804 000	34 199 000	27 514 000	24 416 000
Net Income	3 150 000	3 666 000	2 966 000	1 246 000
Total Assets	13 441 000	13 762 000	11 686 000	9 937 000
Total Equity	2 664 000	3 024 000	2 868 000	2 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 804 000	34 199 000	27 514 000	24 416 000
Expenditure	31 787 000	29 508 000	23 720 000	22 828 000
Operating Profit	4 017 000	4 690 000	3 794 000	1 588 000
Financial Income	31 000	12 000	9 000	14 000
Financial Costs	10 000	2 000	1 000	5 000
Financial Balance	21 000	10 000	8 000	9 000
Earnings Before Tax	4 038 000	4 700 000	3 802 000	1 597 000
Tax	888 000	1 034 000	836 000	351 000
Net Income	3 150 000	3 666 000	2 966 000	1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	18 000	69 000	67 000
Total Current Assets	13 267 000	13 743 000	11 617 000	9 869 000
Total Assets	13 441 000	13 762 000	11 686 000	9 937 000
Total Retained Equity	2 387 000	2 748 000	2 591 000	2 589 000
Total Equity	2 664 000	3 024 000	2 868 000	2 866 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 777 000	10 737 000	8 818 000	7 071 000
Total Equity and Debt	13 441 000	13 762 000	11 686 000	9 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 804 000	34 199 000	27 514 000	24 416 000
Other Income	0	0	0	0
Revenue	35 804 000	34 199 000	27 514 000	24 416 000
Cost of Goods Sold	506 000	949 000	1 420 000	2 889 000
Salary Costs	25 345 000	23 285 000	17 595 000	15 080 000
Depreciation	13 000	17 000	32 000	128 000
Impairment	0	0	0	0
Expenditure	31 787 000	29 508 000	23 720 000	22 828 000
Operating Profit	4 017 000	4 690 000	3 794 000	1 588 000
Financial Income	31 000	12 000	9 000	14 000
Financial Costs	10 000	2 000	1 000	5 000
Financial Balance	21 000	10 000	8 000	9 000
Dividends	0	0	0	0
Net Income	3 150 000	3 666 000	2 966 000	1 246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	13 000	47 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	6 000	23 000	54 000
Total Tangible Assets	52 000	6 000	23 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	174 000	18 000	69 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 275 000	6 482 000	6 468 000	4 354 000
Total Current Assets	13 267 000	13 743 000	11 617 000	9 869 000
Total Assets	13 441 000	13 762 000	11 686 000	9 937 000
Total Equity	2 664 000	3 024 000	2 868 000	2 866 000
Short-Term Group Debt	4 500 000	4 845 000	3 800 000	2 490 000
Total Long-Term Debt	0	0	0	0
Creditors	438 000	428 000	636 000	1 311 000
Unpaid Taxes	3 102 000	2 931 000	2 419 000	1 693 000
Dividends	0	0	0	0
Other Current Debt	2 729 000	2 523 000	1 929 000	1 538 000
Total Current Debt	10 777 000	10 737 000	8 818 000	7 071 000
Total Equity and Debt	13 441 000	13 762 000	11 686 000	9 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,24 %	121,23 %	103,42 %	43,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,22 %	13,71 %	13,79 %	6,5 %
Current Ratio	1,23	1,28	1,32	1,4
Quick Ratio	1,23	1,28	1,32	1,4
Equity Ratio	0,2	0,22	0,25	0,29
Gross Profit Margin	98,59 %	97,23 %	94,84 %	88,17 %