NETLAB AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

50,91 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 969 000	11 388 000	9 607 000	9 137 000
Net Income	783 000	589 000	528 000	267 000
Total Assets	3 552 000	4 477 000	3 000 000	2 425 000
Total Equity	1 538 000	1 569 000	1 444 000	1 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 969 000	11 388 000	9 607 000	9 137 000
Expenditure	12 873 000	10 543 000	8 839 000	8 705 000
Operating Profit	1 097 000	846 000	768 000	432 000
Financial Income	12 000	1 000	2 000	4 000
Financial Costs	106 000	91 000	93 000	93 000
Financial Balance	−94 000	−90 000	−91 000	−89 000
Earnings Before Tax	1 003 000	756 000	677 000	342 000
Tax	221 000	166 000	149 000	75 000
Net Income	783 000	589 000	528 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	5 000	132 000	192 000
Total Current Assets	3 441 000	4 472 000	2 868 000	2 234 000
Total Assets	3 552 000	4 477 000	3 000 000	2 425 000
Total Retained Equity	1 438 000	654 000	528 000	0
Total Equity	1 538 000	1 569 000	1 444 000	1 029 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 014 000	2 908 000	1 556 000	1 397 000
Total Equity and Debt	3 552 000	4 477 000	3 000 000	2 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 969 000	11 388 000	9 564 000	9 137 000
Other Income	0	0	44 000	0
Revenue	13 969 000	11 388 000	9 607 000	9 137 000
Cost of Goods Sold	3 923 000	2 524 000	1 272 000	938 000
Salary Costs	6 950 000	6 215 000	5 888 000	6 230 000
Depreciation	17 000	0	12 000	15 000
Impairment	0	0	0	0
Expenditure	12 873 000	10 543 000	8 839 000	8 705 000
Operating Profit	1 097 000	846 000	768 000	432 000
Financial Income	12 000	1 000	2 000	4 000
Financial Costs	106 000	91 000	93 000	93 000
Financial Balance	−94 000	−90 000	−91 000	−89 000
Dividends	0	0	0	0
Net Income	783 000	589 000	528 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	5 000	32 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	0	0	12 000
Total Tangible Assets	104 000	0	0	12 000
Total Fiancial Fixed Assets	0	0	100 000	150 000
Total Fixed Assets	111 000	5 000	132 000	192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 189 000	609 000	1 928 000	584 000
Total Current Assets	3 441 000	4 472 000	2 868 000	2 234 000
Total Assets	3 552 000	4 477 000	3 000 000	2 425 000
Total Equity	1 538 000	1 569 000	1 444 000	1 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	247 000	437 000	65 000	117 000
Unpaid Taxes	888 000	991 000	790 000	741 000
Dividends	0	0	0	0
Other Current Debt	657 000	1 339 000	549 000	538 000
Total Current Debt	2 014 000	2 908 000	1 556 000	1 397 000
Total Equity and Debt	3 552 000	4 477 000	3 000 000	2 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,91 %	37,54 %	36,57 %	25,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,85 %	7,43 %	7,99 %	4,73 %
Current Ratio	1,71	1,54	1,84	1,6
Quick Ratio	1,71	1,54	1,84	1,6
Equity Ratio	0,43	0,35	0,48	0,42
Gross Profit Margin	71,92 %	77,84 %	86,76 %	89,73 %