NECON AS

5258 BLOMSTERDALEN

Finances

Return on Equity

9,44 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 604 000	32 971 000	38 278 000	60 484 000
Net Income	407 000	668 000	4 829 000	7 427 000
Total Assets	23 218 000	18 059 000	22 011 000	30 512 000
Total Equity	4 312 000	3 905 000	5 537 000	4 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 604 000	32 971 000	38 278 000	60 484 000
Expenditure	48 066 000	34 962 000	34 576 000	49 472 000
Operating Profit	−2 461 000	−1 990 000	3 702 000	11 012 000
Financial Income	2 608 000	2 458 000	1 889 000	1 221 000
Financial Costs	298 000	229 000	197 000	2 326 000
Financial Balance	2 310 000	2 229 000	1 692 000	−1 105 000
Earnings Before Tax	−151 000	239 000	5 394 000	9 907 000
Tax	−558 000	−430 000	566 000	2 480 000
Net Income	407 000	668 000	4 829 000	7 427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 616 000	2 105 000	3 672 000	2 506 000
Total Current Assets	20 601 000	15 955 000	18 339 000	28 007 000
Total Assets	23 218 000	18 059 000	22 011 000	30 512 000
Total Retained Equity	407 000	0	1 329 000	148 000
Total Equity	4 312 000	3 905 000	5 537 000	4 356 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 906 000	14 154 000	16 474 000	26 157 000
Total Equity and Debt	23 218 000	18 059 000	22 011 000	30 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 451 000	33 618 000	37 457 000	60 484 000
Other Income	153 000	−647 000	821 000	0
Revenue	45 604 000	32 971 000	38 278 000	60 484 000
Cost of Goods Sold	14 697 000	8 715 000	7 932 000	20 032 000
Salary Costs	28 987 000	22 812 000	22 969 000	25 800 000
Depreciation	76 000	75 000	71 000	59 000
Impairment	0	0	0	0
Expenditure	48 066 000	34 962 000	34 576 000	49 472 000
Operating Profit	−2 461 000	−1 990 000	3 702 000	11 012 000
Financial Income	2 608 000	2 458 000	1 889 000	1 221 000
Financial Costs	298 000	229 000	197 000	2 326 000
Financial Balance	2 310 000	2 229 000	1 692 000	−1 105 000
Dividends	0	2 300 000	3 500 000	4 500 000
Net Income	407 000	668 000	4 829 000	7 427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 245 000	1 687 000	1 258 000	1 834 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	97 000	153 000	152 000
Total Tangible Assets	50 000	97 000	153 000	152 000
Total Fiancial Fixed Assets	321 000	321 000	2 261 000	520 000
Total Fixed Assets	2 616 000	2 105 000	3 672 000	2 506 000
Stock	874 000	884 000	1 002 000	960 000
Total Investments	0	0	0	0
Cash, Bank	7 200 000	5 422 000	10 151 000	16 149 000
Total Current Assets	20 601 000	15 955 000	18 339 000	28 007 000
Total Assets	23 218 000	18 059 000	22 011 000	30 512 000
Total Equity	4 312 000	3 905 000	5 537 000	4 356 000
Short-Term Group Debt	4 537 000	4 050 000	2 974 000	1 663 000
Total Long-Term Debt	0	0	0	0
Creditors	703 000	687 000	446 000	364 000
Unpaid Taxes	4 612 000	2 354 000	2 017 000	2 819 000
Dividends	0	2 300 000	3 500 000	4 500 000
Other Current Debt	5 257 000	3 573 000	6 410 000	16 808 000
Total Current Debt	18 906 000	14 154 000	16 474 000	26 157 000
Total Equity and Debt	23 218 000	18 059 000	22 011 000	30 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,44 %	17,11 %	87,21 %	170,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,4 %	−6,04 %	9,67 %	18,21 %
Current Ratio	1,09	1,13	1,11	1,07
Quick Ratio	1,14	1,2	1,19	1,11
Equity Ratio	0,19	0,22	0,25	0,14
Gross Profit Margin	67,77 %	73,57 %	79,28 %	66,88 %