NEWSEC DRIFT AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

221,42 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 602 000	51 406 000	51 530 000	49 055 000
Net Income	4 010 000	2 888 000	3 385 000	1 215 000
Total Assets	15 999 000	13 500 000	15 511 000	11 433 000
Total Equity	1 811 000	1 779 000	1 504 000	1 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 602 000	51 406 000	51 530 000	49 055 000
Expenditure	48 497 000	47 701 000	47 214 000	47 552 000
Operating Profit	5 105 000	3 705 000	4 317 000	1 503 000
Financial Income	39 000	0	25 000	63 000
Financial Costs	3 000	3 000	1 000	8 000
Financial Balance	36 000	−3 000	24 000	55 000
Earnings Before Tax	5 141 000	3 702 000	4 340 000	1 557 000
Tax	1 131 000	815 000	955 000	343 000
Net Income	4 010 000	2 888 000	3 385 000	1 215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	79 000	17 000
Total Current Assets	15 999 000	13 500 000	15 432 000	11 416 000
Total Assets	15 999 000	13 500 000	15 511 000	11 433 000
Total Retained Equity	1 513 000	1 481 000	1 206 000	1 175 000
Total Equity	1 811 000	1 779 000	1 504 000	1 473 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	14 188 000	11 721 000	14 006 000	9 956 000
Total Equity and Debt	15 999 000	13 500 000	15 511 000	11 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 602 000	51 406 000	51 530 000	49 055 000
Other Income	0	0	0	0
Revenue	53 602 000	51 406 000	51 530 000	49 055 000
Cost of Goods Sold	0	0	0	682 000
Salary Costs	34 784 000	34 678 000	32 760 000	30 317 000
Depreciation	0	8 000	10 000	4 000
Impairment	0	0	0	0
Expenditure	48 497 000	47 701 000	47 214 000	47 552 000
Operating Profit	5 105 000	3 705 000	4 317 000	1 503 000
Financial Income	39 000	0	25 000	63 000
Financial Costs	3 000	3 000	1 000	8 000
Financial Balance	36 000	−3 000	24 000	55 000
Dividends	0	0	0	0
Net Income	4 010 000	2 888 000	3 385 000	1 215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	71 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	17 000
Total Tangible Assets	0	0	8 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	79 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 525 000	2 223 000	10 843 000	8 265 000
Total Current Assets	15 999 000	13 500 000	15 432 000	11 416 000
Total Assets	15 999 000	13 500 000	15 511 000	11 433 000
Total Equity	1 811 000	1 779 000	1 504 000	1 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	1 276 000	594 000	1 380 000	157 000
Unpaid Taxes	4 163 000	3 925 000	4 310 000	3 035 000
Dividends	0	0	0	0
Other Current Debt	8 739 000	7 196 000	8 232 000	6 750 000
Total Current Debt	14 188 000	11 721 000	14 006 000	9 956 000
Total Equity and Debt	15 999 000	13 500 000	15 511 000	11 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	221,42 %	162,34 %	225,07 %	82,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,52 %	7,21 %	8,38 %	3,06 %
Current Ratio	1,13	1,15	1,1	1,15
Quick Ratio	1,13	1,15	1,1	1,15
Equity Ratio	0,11	0,13	0,1	0,13
Gross Profit Margin	100 %	100 %	100 %	98,61 %