NEWSEC AS

0161 OSLO

Finances

Return on Equity

174,56 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 890 000	101 110 000	76 295 000	61 121 000
Net Income	17 632 000	24 043 000	17 446 000	8 572 000
Total Assets	70 906 000	83 420 000	60 295 000	39 718 000
Total Equity	10 101 000	6 469 000	6 469 000	14 923 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 890 000	101 110 000	76 295 000	61 121 000
Expenditure	63 283 000	70 708 000	53 729 000	50 022 000
Operating Profit	21 607 000	30 402 000	22 566 000	11 099 000
Financial Income	1 060 000	554 000	75 000	213 000
Financial Costs	113 000	116 000	205 000	90 000
Financial Balance	947 000	438 000	−130 000	123 000
Earnings Before Tax	22 554 000	30 839 000	22 437 000	11 221 000
Tax	4 922 000	6 796 000	4 991 000	2 649 000
Net Income	17 632 000	24 043 000	17 446 000	8 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 348 000	7 567 000	5 978 000	3 625 000
Total Current Assets	52 558 000	75 853 000	54 317 000	36 093 000
Total Assets	70 906 000	83 420 000	60 295 000	39 718 000
Total Retained Equity	7 686 000	4 054 000	4 054 000	0
Total Equity	10 101 000	6 469 000	6 469 000	14 923 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	60 805 000	76 950 000	53 827 000	24 795 000
Total Equity and Debt	70 906 000	83 420 000	60 295 000	39 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 682 000	63 923 000	42 462 000	30 631 000
Other Income	43 208 000	37 187 000	33 833 000	30 490 000
Revenue	84 890 000	101 110 000	76 295 000	61 121 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 205 000	53 941 000	38 935 000	36 070 000
Depreciation	56 000	100 000	1 109 000	547 000
Impairment	0	0	0	0
Expenditure	63 283 000	70 708 000	53 729 000	50 022 000
Operating Profit	21 607 000	30 402 000	22 566 000	11 099 000
Financial Income	1 060 000	554 000	75 000	213 000
Financial Costs	113 000	116 000	205 000	90 000
Financial Balance	947 000	438 000	−130 000	123 000
Dividends	14 000 000	24 042 000	17 400 000	0
Net Income	17 632 000	24 043 000	17 446 000	8 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	33 000	5 299 000	2 859 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	167 000	395 000	179 000	266 000
Total Tangible Assets	167 000	395 000	179 000	266 000
Total Fiancial Fixed Assets	18 153 000	7 138 000	500 000	500 000
Total Fixed Assets	18 348 000	7 567 000	5 978 000	3 625 000
Stock	0	0	0	0
Total Investments	1 016 000	30 000 000	0	0
Cash, Bank	30 442 000	6 376 000	22 796 000	15 963 000
Total Current Assets	52 558 000	75 853 000	54 317 000	36 093 000
Total Assets	70 906 000	83 420 000	60 295 000	39 718 000
Total Equity	10 101 000	6 469 000	6 469 000	14 923 000
Short-Term Group Debt	5 700 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 686 000	2 477 000	3 286 000	1 618 000
Unpaid Taxes	12 285 000	15 169 000	11 104 000	8 073 000
Dividends	14 000 000	24 042 000	17 400 000	0
Other Current Debt	22 471 000	28 444 000	17 051 000	12 448 000
Total Current Debt	60 805 000	76 950 000	53 827 000	24 795 000
Total Equity and Debt	70 906 000	83 420 000	60 295 000	39 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	174,56 %	371,66 %	269,69 %	57,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,45 %	30,07 %	29,58 %	18,16 %
Current Ratio	0,86	0,99	1,01	1,46
Quick Ratio	0,86	0,99	1,01	1,46
Equity Ratio	0,14	0,08	0,11	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %