NETFAIR AS

0484 OSLO

Finances

Return on Equity

−100,04 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 427 000	5 683 000	1 440 000	60 000
Net Income	−10 475 000	−4 115 000	−453 000	−2 040 000
Total Assets	12 272 000	13 578 000	12 229 000	704 000
Total Equity	10 471 000	5 945 000	10 060 000	642 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 427 000	5 683 000	1 440 000	60 000
Expenditure	14 539 000	9 693 000	1 889 000	2 101 000
Operating Profit	−10 113 000	−4 010 000	−449 000	−2 042 000
Financial Income	11 000	23 000	17 000	2 000
Financial Costs	373 000	128 000	20 000	1 000
Financial Balance	−362 000	−105 000	−3 000	1 000
Earnings Before Tax	−10 475 000	−4 115 000	−453 000	−2 040 000
Tax	0	0	0	0
Net Income	−10 475 000	−4 115 000	−453 000	−2 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 723 000	6 805 000	2 791 000	100 000
Total Current Assets	5 549 000	6 773 000	9 438 000	604 000
Total Assets	12 272 000	13 578 000	12 229 000	704 000
Total Retained Equity	−17 490 000	−7 015 000	−2 900 000	−2 388 000
Total Equity	10 471 000	5 945 000	10 060 000	642 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 801 000	7 633 000	2 168 000	62 000
Total Equity and Debt	12 272 000	13 578 000	12 229 000	704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 853 000	5 050 000	2 646 000	60 000
Other Income	574 000	633 000	−1 206 000	0
Revenue	4 427 000	5 683 000	1 440 000	60 000
Cost of Goods Sold	1 232 000	199 000	0	0
Salary Costs	2 893 000	2 294 000	0	0
Depreciation	1 430 000	802 000	132 000	0
Impairment	0	0	0	0
Expenditure	14 539 000	9 693 000	1 889 000	2 101 000
Operating Profit	−10 113 000	−4 010 000	−449 000	−2 042 000
Financial Income	11 000	23 000	17 000	2 000
Financial Costs	373 000	128 000	20 000	1 000
Financial Balance	−362 000	−105 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	−10 475 000	−4 115 000	−453 000	−2 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 527 000	4 557 000	2 616 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	8 000	15 000	0
Fixtures	0	0	0	0
Total Tangible Assets	20 000	8 000	15 000	0
Total Fiancial Fixed Assets	1 177 000	2 241 000	160 000	100 000
Total Fixed Assets	6 723 000	6 805 000	2 791 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 099 000	5 620 000	9 392 000	412 000
Total Current Assets	5 549 000	6 773 000	9 438 000	604 000
Total Assets	12 272 000	13 578 000	12 229 000	704 000
Total Equity	10 471 000	5 945 000	10 060 000	642 000
Short-Term Group Debt	84 000	34 000	119 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 184 000	544 000	250 000	38 000
Unpaid Taxes	−29 000	739 000	74 000	0
Dividends	0	0	0	0
Other Current Debt	562 000	6 315 000	1 725 000	25 000
Total Current Debt	1 801 000	7 633 000	2 168 000	62 000
Total Equity and Debt	12 272 000	13 578 000	12 229 000	704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,04 %	−69,22 %	−4,5 %	−317,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−228,44 %	−70,56 %	−31,18 %	−3 403,33 %
Current Ratio	3,08	0,89	4,35	9,74
Quick Ratio	3,08	0,89	4,35	9,74
Equity Ratio	0,85	0,44	0,82	0,91
Gross Profit Margin	72,17 %	96,5 %	100 %	100 %