NEK AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

52,12 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 333 000	46 168 000	42 267 000	59 198 000
Net Income	3 807 000	1 666 000	1 509 000	3 195 000
Total Assets	19 604 000	15 091 000	14 949 000	20 434 000
Total Equity	7 304 000	5 497 000	3 831 000	4 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 333 000	46 168 000	42 267 000	59 198 000
Expenditure	50 838 000	44 533 000	40 350 000	55 137 000
Operating Profit	4 495 000	1 636 000	1 917 000	4 060 000
Financial Income	37 000	8 000	50 000	70 000
Financial Costs	101 000	46 000	31 000	32 000
Financial Balance	−64 000	−38 000	19 000	38 000
Earnings Before Tax	4 431 000	1 597 000	1 936 000	4 099 000
Tax	624 000	−69 000	427 000	904 000
Net Income	3 807 000	1 666 000	1 509 000	3 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 640 000	1 975 000	1 681 000	1 517 000
Total Current Assets	16 963 000	13 116 000	13 268 000	18 917 000
Total Assets	19 604 000	15 091 000	14 949 000	20 434 000
Total Retained Equity	7 204 000	5 397 000	3 731 000	4 723 000
Total Equity	7 304 000	5 497 000	3 831 000	4 823 000
Total Long-Term Debt	2 032 000	928 000	332 000	459 000
Total Current Debt	10 267 000	8 666 000	10 786 000	15 153 000
Total Equity and Debt	19 604 000	15 091 000	14 949 000	20 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 323 000	46 102 000	42 267 000	59 198 000
Other Income	10 000	66 000	0	0
Revenue	55 333 000	46 168 000	42 267 000	59 198 000
Cost of Goods Sold	32 577 000	27 274 000	24 114 000	36 138 000
Salary Costs	13 572 000	12 534 000	12 093 000	13 112 000
Depreciation	643 000	513 000	348 000	337 000
Impairment	0	0	0	0
Expenditure	50 838 000	44 533 000	40 350 000	55 137 000
Operating Profit	4 495 000	1 636 000	1 917 000	4 060 000
Financial Income	37 000	8 000	50 000	70 000
Financial Costs	101 000	46 000	31 000	32 000
Financial Balance	−64 000	−38 000	19 000	38 000
Dividends	0	0	0	0
Net Income	3 807 000	1 666 000	1 509 000	3 195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	364 000	402 000	402 000	409 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	75 000	81 000	86 000	92 000
Fixtures	2 201 000	1 418 000	1 117 000	941 000
Total Tangible Assets	2 276 000	1 498 000	1 203 000	1 033 000
Total Fiancial Fixed Assets	0	75 000	75 000	75 000
Total Fixed Assets	2 640 000	1 975 000	1 681 000	1 517 000
Stock	5 394 000	4 540 000	2 343 000	2 497 000
Total Investments	0	0	0	0
Cash, Bank	5 639 000	3 282 000	8 543 000	11 045 000
Total Current Assets	16 963 000	13 116 000	13 268 000	18 917 000
Total Assets	19 604 000	15 091 000	14 949 000	20 434 000
Total Equity	7 304 000	5 497 000	3 831 000	4 823 000
Short-Term Group Debt	0	0	1 414 000	0
Total Long-Term Debt	2 032 000	928 000	332 000	459 000
Creditors	3 697 000	4 155 000	2 558 000	4 332 000
Unpaid Taxes	1 810 000	1 154 000	2 182 000	2 064 000
Dividends	0	0	0	0
Other Current Debt	2 939 000	3 006 000	4 212 000	7 522 000
Total Current Debt	10 267 000	8 666 000	10 786 000	15 153 000
Total Equity and Debt	19 604 000	15 091 000	14 949 000	20 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,12 %	30,31 %	39,39 %	66,25 %
Debt-to-Equity Ratio	0,28	0,17	0,09	0,1
Operating Profit Margin	8,12 %	3,54 %	4,54 %	6,86 %
Current Ratio	1,65	1,51	1,23	1,25
Quick Ratio	3,48	3,18	1,57	1,49
Equity Ratio	0,37	0,36	0,26	0,24
Gross Profit Margin	41,13 %	40,92 %	42,95 %	38,95 %