NETELAND MANAGEMENT AS

5141 FYLLINGSDALEN

Finances

Return on Equity

47,4 %

Current Ratio

0,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	394 000	355 000	368 000	354 000
Net Income	274 000	−312 000	268 000	462 000
Total Assets	920 000	835 000	1 407 000	1 344 000
Total Equity	578 000	505 000	1 067 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	394 000	355 000	368 000	354 000
Expenditure	38 000	56 000	20 000	119 000
Operating Profit	357 000	299 000	347 000	234 000
Financial Income	0	1 000	1 000	283 000
Financial Costs	6 000	547 000	5 000	2 000
Financial Balance	−6 000	−546 000	−4 000	281 000
Earnings Before Tax	351 000	−247 000	343 000	515 000
Tax	77 000	65 000	76 000	53 000
Net Income	274 000	−312 000	268 000	462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	857 000	757 000	1 169 000	1 169 000
Total Current Assets	63 000	78 000	238 000	175 000
Total Assets	920 000	835 000	1 407 000	1 344 000
Total Retained Equity	545 000	471 000	1 034 000	1 266 000
Total Equity	578 000	505 000	1 067 000	1 299 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	342 000	330 000	340 000	45 000
Total Equity and Debt	920 000	835 000	1 407 000	1 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	394 000	355 000	368 000	354 000
Other Income	0	0	0	0
Revenue	394 000	355 000	368 000	354 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 000	56 000	20 000	119 000
Operating Profit	357 000	299 000	347 000	234 000
Financial Income	0	1 000	1 000	283 000
Financial Costs	6 000	547 000	5 000	2 000
Financial Balance	−6 000	−546 000	−4 000	281 000
Dividends	200 000	250 000	250 000	250 000
Net Income	274 000	−312 000	268 000	462 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	857 000	757 000	1 169 000	1 169 000
Total Fixed Assets	857 000	757 000	1 169 000	1 169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	54 000	226 000	143 000
Total Current Assets	63 000	78 000	238 000	175 000
Total Assets	920 000	835 000	1 407 000	1 344 000
Total Equity	578 000	505 000	1 067 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	−10 000
Dividends	200 000	250 000	250 000	250 000
Other Current Debt	65 000	15 000	15 000	2 000
Total Current Debt	342 000	330 000	340 000	45 000
Total Equity and Debt	920 000	835 000	1 407 000	1 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,4 %	−61,78 %	25,12 %	35,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,61 %	84,23 %	94,29 %	66,1 %
Current Ratio	0,18	0,24	0,7	3,89
Quick Ratio	0,18	0,24	0,7	3,89
Equity Ratio	0,63	0,6	0,76	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %