NETCONNECT NORGE AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

67,34 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 702 000	22 383 000	24 978 000	23 822 000
Net Income	1 577 000	1 916 000	91 000	−512 000
Total Assets	8 835 000	5 222 000	3 719 000	3 130 000
Total Equity	2 342 000	765 000	−1 151 000	−1 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 702 000	22 383 000	24 978 000	23 822 000
Expenditure	22 761 000	20 467 000	23 772 000	23 647 000
Operating Profit	1 941 000	1 916 000	1 207 000	175 000
Financial Income	2 000	1 000	4 000	44 000
Financial Costs	6 000	2 000	1 120 000	732 000
Financial Balance	−4 000	−1 000	−1 116 000	−688 000
Earnings Before Tax	1 937 000	1 916 000	91 000	−512 000
Tax	360 000	0	0	0
Net Income	1 577 000	1 916 000	91 000	−512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	339 000	313 000	366 000
Total Current Assets	8 682 000	4 883 000	3 406 000	2 764 000
Total Assets	8 835 000	5 222 000	3 719 000	3 130 000
Total Retained Equity	2 292 000	715 000	−1 201 000	−1 292 000
Total Equity	2 342 000	765 000	−1 151 000	−1 242 000
Total Long-Term Debt	0	1 000	86 000	49 000
Total Current Debt	6 493 000	4 456 000	4 784 000	4 323 000
Total Equity and Debt	8 835 000	5 222 000	3 719 000	3 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 702 000	22 383 000	24 978 000	23 822 000
Other Income	0	0	0	0
Revenue	24 702 000	22 383 000	24 978 000	23 822 000
Cost of Goods Sold	6 638 000	5 739 000	8 000 000	5 075 000
Salary Costs	10 384 000	9 077 000	11 072 000	13 716 000
Depreciation	22 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	22 761 000	20 467 000	23 772 000	23 647 000
Operating Profit	1 941 000	1 916 000	1 207 000	175 000
Financial Income	2 000	1 000	4 000	44 000
Financial Costs	6 000	2 000	1 120 000	732 000
Financial Balance	−4 000	−1 000	−1 116 000	−688 000
Dividends	0	0	0	0
Net Income	1 577 000	1 916 000	91 000	−512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	65 000	28 000	0	7 000
Fixtures	0	0	16 000	27 000
Total Tangible Assets	65 000	28 000	16 000	34 000
Total Fiancial Fixed Assets	88 000	312 000	297 000	332 000
Total Fixed Assets	153 000	339 000	313 000	366 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 717 000	2 037 000	1 319 000	410 000
Total Current Assets	8 682 000	4 883 000	3 406 000	2 764 000
Total Assets	8 835 000	5 222 000	3 719 000	3 130 000
Total Equity	2 342 000	765 000	−1 151 000	−1 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	86 000	49 000
Creditors	2 773 000	1 244 000	1 496 000	1 029 000
Unpaid Taxes	1 476 000	1 251 000	1 307 000	1 582 000
Dividends	0	0	0	0
Other Current Debt	1 884 000	1 960 000	1 981 000	1 712 000
Total Current Debt	6 493 000	4 456 000	4 784 000	4 323 000
Total Equity and Debt	8 835 000	5 222 000	3 719 000	3 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,34 %	250,46 %	−7,91 %	41,22 %
Debt-to-Equity Ratio	0	0	−0,07	−0,04
Operating Profit Margin	7,86 %	8,56 %	4,83 %	0,73 %
Current Ratio	1,34	1,1	0,71	0,64
Quick Ratio	1,34	1,1	0,71	0,64
Equity Ratio	0,27	0,15	−0,31	−0,4
Gross Profit Margin	73,13 %	74,36 %	67,97 %	78,7 %