NETWORK SYSTEMS AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

−17,8 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	0	450 000	450 000
Net Income	−110 000	−293 000	168 000	−48 000
Total Assets	642 000	729 000	1 021 000	1 035 000
Total Equity	618 000	729 000	1 021 000	854 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	0	450 000	450 000
Expenditure	260 000	293 000	282 000	498 000
Operating Profit	−110 000	−293 000	168 000	−48 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−110 000	−293 000	168 000	−48 000
Tax	0	0	0	0
Net Income	−110 000	−293 000	168 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	284 000	488 000	465 000
Total Current Assets	529 000	445 000	533 000	570 000
Total Assets	642 000	729 000	1 021 000	1 035 000
Total Retained Equity	−235 000	−125 000	168 000	0
Total Equity	618 000	729 000	1 021 000	854 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 000	0	0	181 000
Total Equity and Debt	642 000	729 000	1 021 000	1 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	0	450 000	450 000
Other Income	0	0	0	0
Revenue	150 000	0	450 000	450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	171 000	204 000	190 000	251 000
Impairment	0	0	0	0
Expenditure	260 000	293 000	282 000	498 000
Operating Profit	−110 000	−293 000	168 000	−48 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−110 000	−293 000	168 000	−48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	284 000	488 000	465 000
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	0	0	0	0
Total Fixed Assets	113 000	284 000	488 000	465 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	306 000	4 000	96 000	326 000
Total Current Assets	529 000	445 000	533 000	570 000
Total Assets	642 000	729 000	1 021 000	1 035 000
Total Equity	618 000	729 000	1 021 000	854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	0	0	181 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	23 000	0	0	181 000
Total Equity and Debt	642 000	729 000	1 021 000	1 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,8 %	−40,19 %	16,45 %	−5,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−73,33 %	-	37,33 %	−10,67 %
Current Ratio	23	-	-	3,15
Quick Ratio	23	-	-	3,15
Equity Ratio	0,96	1	1	0,83
Gross Profit Margin	100 %	-	100 %	100 %