NorCom IT
- Revenue€9.6 MFY, 2021
- Market Capitalization€13.7 M2022-07-29
OverviewSuggest Edit
We are experts in Big Data, Big Infrastructure and Multimedia providing customized solutions and comprehensive consulting services through our Asset Based Consulting business model.
It is this so-called Asset Based Consulting that enabled us more than 25 years ago to succeed in the banking sector – and nowadays we enlarged our expertise to the fast growing areas of Big Data, Multimedia, and Cloud Computing.
NorCom may rely on its sound balance sheet structure, healthy liquidity and no bank liabilities, as well as its competitive order backlog.
| Type | Public | |
| Founded | 1989 | |
| HQ | München, DE | Map |
| Website | norcom.de | |
| Employee Ratings |
NorCom IT Office Locations
NorCom IT has offices in München, Fellbach and Nürnberg
München, DE (HQ)
4 Gabelsbergerstraße
Fellbach, DE
Erich-Herion-Straße 6
Nürnberg, DE
Hauptmarkt 10
NorCom IT Financials and Metrics
NorCom IT Revenue
NorCom IT's revenue was reported to be €9.55 m in FY, 2021
| EUR | |
|---|---|
Revenue (FY, 2021) | 9.6m |
Gross profit (FY, 2021) | 4.5m |
Gross profit margin (FY, 2021), % | 46.6% |
Net income (FY, 2021) | (827.0k) |
EBITDA (FY, 2021) | 91.0k |
EBIT (FY, 2021) | (329.0k) |
Market capitalization (29-Jul-2022) | 13.7m |
Closing stock price (29-Jul-2022) | 6.6 |
Cash (31-Dec-2021) | 3.3m |
EV | 13.2m |
NorCom IT's current market capitalization is €13.7 m.
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 11.8m | 11.9m | 10.1m | 9.6m |
Cost of goods sold | (4.8m) | (6.0m) | (6.0m) | (5.2m) |
Gross profit | 7.0m | 6.0m | 4.2m | 4.5m |
Gross profit Margin, % | 59% | 50% | 41% | 47% |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 7.0m | 5.9m | 5.4m |
Cost of goods sold | (3.5m) | (3.3m) | (3.1m) |
Gross profit | 3.6m | 2.8m | 2.4m |
Gross profit Margin, % | 51% | 47% | 44% |
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 4.7m | 4.5m | 4.5m | 3.3m |
Accounts Receivable | 3.7m | 2.8m | 1.5m | 1.4m |
Prepaid Expenses | 50.0k | 84.0k | 103.0k | 29.0k |
Inventories | 202.0k | 418.0k |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 5.0m | 4.7m | 3.3m |
Accounts Receivable | 2.5m | 1.9m | 1.5m |
Inventories | 347.0k |
Annual
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 660.0k | (383.0k) | 164.0k | (827.0k) |
Depreciation and Amortization | 227.0k | 1.9m | 338.0k | 420.0k |
Accounts Payable | (125.0k) | (156.0k) | (224.0k) |
Half Year
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Net Income | 345.0k | (55.0k) | (224.0k) |
Depreciation and Amortization | 354.0k | 168.0k | 230.0k |
Accounts Payable | 2.6m | (337.0k) | (155.0k) |
| EUR | FY, 2018 |
|---|---|
Revenue/Employee | 143.4k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.1 x |
NorCom IT Cybersecurity Score
Competitors
NorCom IT Online and Social Media Presence
NorCom IT's Trends
NorCom IT Blogs
August 05, 2022
AI for tedious routine tasks
Errors in invoices can have a big impact and lead to a lot of work - and of course angry customers. Accurate auditing is therefore...
August 04, 2022
Big Data - there is no "too big"!
Large amounts of data are already available in many areas, but will increase as digitization progresses. Big data is not primarily about...
August 02, 2022
NorCom receives follow-up orders for the development of AI apps
NorCom Information Technology GmbH & Co. KGaA has received two follow-up orders for an AI project at a German automobile manufacturer...
July 27, 2022
AI for legal work processes
What distinguishes legal work processes from other activities in the company? Basically, in many companies there is lively communication...
July 25, 2022
Expand DMS with AI
Many large companies and administrations already have an integrated DMS so that the documents can be stored digitally and legally. ...
July 21, 2022
The advantages of BERT
Why should you use BERT? What advantages does it bring you? Language is a complex construct. Everyone speaks a little differently and...
NorCom IT Frequently Asked Questions
When was NorCom IT founded?
NorCom IT was founded in 1989.
How many employees does NorCom IT have?
NorCom IT has 52 employees.
What is NorCom IT revenue?
Latest NorCom IT annual revenue is €9.6 m.
What is NorCom IT revenue per employee?
Latest NorCom IT revenue per employee is €183.7 k.
Who are NorCom IT competitors?
Competitors of NorCom IT include Iteratec, EJC and COMM2IG.
Where is NorCom IT headquarters?
NorCom IT headquarters is located at 4 Gabelsbergerstraße, München.
Where are NorCom IT offices?
NorCom IT has offices in München, Fellbach and Nürnberg.
How many offices does NorCom IT have?
NorCom IT has 3 offices.
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