NORICOM VEST AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

30,25 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 488 000	12 136 000	15 129 000	18 346 000
Net Income	885 000	279 000	746 000	1 276 000
Total Assets	5 320 000	4 521 000	5 126 000	5 932 000
Total Equity	2 926 000	2 041 000	1 762 000	1 015 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 488 000	12 136 000	15 129 000	18 346 000
Expenditure	11 361 000	11 735 000	14 123 000	16 585 000
Operating Profit	1 127 000	402 000	1 007 000	1 761 000
Financial Income	8 000	4 000	4 000	5 000
Financial Costs	0	48 000	54 000	131 000
Financial Balance	8 000	−44 000	−50 000	−126 000
Earnings Before Tax	1 134 000	358 000	957 000	1 635 000
Tax	250 000	79 000	211 000	360 000
Net Income	885 000	279 000	746 000	1 276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	54 000	48 000	75 000
Total Current Assets	5 288 000	4 467 000	5 078 000	5 856 000
Total Assets	5 320 000	4 521 000	5 126 000	5 932 000
Total Retained Equity	1 925 000	1 040 000	761 000	15 000
Total Equity	2 926 000	2 041 000	1 762 000	1 015 000
Total Long-Term Debt	189 000	530 000	1 170 000	1 687 000
Total Current Debt	2 206 000	1 950 000	2 194 000	3 229 000
Total Equity and Debt	5 320 000	4 521 000	5 126 000	5 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 488 000	12 136 000	15 129 000	17 129 000
Other Income	0	0	0	1 217 000
Revenue	12 488 000	12 136 000	15 129 000	18 346 000
Cost of Goods Sold	2 024 000	2 554 000	3 478 000	3 289 000
Salary Costs	8 044 000	8 016 000	9 507 000	12 004 000
Depreciation	10 000	23 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	11 361 000	11 735 000	14 123 000	16 585 000
Operating Profit	1 127 000	402 000	1 007 000	1 761 000
Financial Income	8 000	4 000	4 000	5 000
Financial Costs	0	48 000	54 000	131 000
Financial Balance	8 000	−44 000	−50 000	−126 000
Dividends	0	0	0	0
Net Income	885 000	279 000	746 000	1 276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	30 000	33 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	24 000	15 000	40 000
Total Tangible Assets	14 000	24 000	15 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	54 000	48 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 201 000	2 635 000	2 724 000	1 763 000
Total Current Assets	5 288 000	4 467 000	5 078 000	5 856 000
Total Assets	5 320 000	4 521 000	5 126 000	5 932 000
Total Equity	2 926 000	2 041 000	1 762 000	1 015 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	189 000	530 000	1 170 000	1 687 000
Creditors	360 000	248 000	169 000	236 000
Unpaid Taxes	673 000	669 000	756 000	1 221 000
Dividends	0	0	0	0
Other Current Debt	935 000	957 000	1 060 000	1 418 000
Total Current Debt	2 206 000	1 950 000	2 194 000	3 229 000
Total Equity and Debt	5 320 000	4 521 000	5 126 000	5 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,25 %	13,67 %	42,34 %	125,71 %
Debt-to-Equity Ratio	0,06	0,26	0,66	1,66
Operating Profit Margin	9,02 %	3,31 %	6,66 %	9,6 %
Current Ratio	2,4	2,29	2,31	1,81
Quick Ratio	2,4	2,29	2,31	1,81
Equity Ratio	0,55	0,45	0,34	0,17
Gross Profit Margin	83,79 %	78,96 %	77,01 %	82,07 %