Annual Report 2005

– Sales tripled during the year and reached SEK 635.6 (214.2) million. The year’s strong sales growth is attributable to acquisitions and successful performance in the market. – Operating profit rose by 150 percent to SEK 34.8 (13.9) million. All business areas showed stable earnings growth and profitability. – Profit after financial items amounted to SEK 34.0 (13.5) million and profit after tax to SEK 57.0 (25.9) million. – Earnings per share were SEK 0.63 (0.84). – The Group has a solid financial position with strong liquidity and positive cash flows in all business areas. Available cash and cash equivalents at December 31, 2005, totaled SEK 119.1 (22.9) million and cash flow from operating activities was SEK 7.4 (-7.5) million. – Nocom raised total capital of SEK 107.0 million during the year through new stock issues and divestitures. – The O-listed TurnIT and IAR Systems were acquired. The two companies are consolidated as of March 22. – The number of employees in the Group at year-end was 250 (92), of whom the majority were added through the acquisitions of TurnIT and IAR Systems. – Nocom’s B share is quoted on the O list of the Stockholm Stock Exchange. At December 31, 2005, the closing share price was SEK 7.25 (4.07) and Nocom’s market capitalization was SEK 723 (130) million. As of January 2006, the Nocom share is quoted on Attract 40 – the Stockholm Stock Exchange’s segment for the most actively traded shares on the O list.