NORDANETT AS

8170 ENGAVÅGEN

Finances

Return on Equity

−0,6 %

Current Ratio

9,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 000	123 000	116 000	137 000
Net Income	−18 000	−5 000	−78 000	−75 000
Total Assets	3 325 000	3 452 000	3 326 000	3 315 000
Total Equity	3 005 000	3 024 000	3 029 000	3 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 000	123 000	116 000	137 000
Expenditure	189 000	187 000	249 000	300 000
Operating Profit	−62 000	−64 000	−133 000	−163 000
Financial Income	41 000	67 000	66 000	66 000
Financial Costs	0	7 000	25 000	0
Financial Balance	41 000	60 000	41 000	66 000
Earnings Before Tax	−22 000	−4 000	−92 000	−97 000
Tax	−4 000	1 000	−15 000	−21 000
Net Income	−18 000	−5 000	−78 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	162 000	167 000	173 000
Total Current Assets	3 168 000	3 290 000	3 158 000	3 141 000
Total Assets	3 325 000	3 452 000	3 326 000	3 315 000
Total Retained Equity	2 605 000	2 624 000	2 629 000	2 706 000
Total Equity	3 005 000	3 024 000	3 029 000	3 106 000
Total Long-Term Debt	0	4 000	3 000	18 000
Total Current Debt	319 000	425 000	294 000	191 000
Total Equity and Debt	3 325 000	3 452 000	3 326 000	3 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	126 000	123 000	116 000	137 000
Revenue	126 000	123 000	116 000	137 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	14 000	22 000
Depreciation	5 000	5 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	189 000	187 000	249 000	300 000
Operating Profit	−62 000	−64 000	−133 000	−163 000
Financial Income	41 000	67 000	66 000	66 000
Financial Costs	0	7 000	25 000	0
Financial Balance	41 000	60 000	41 000	66 000
Dividends	0	0	0	0
Net Income	−18 000	−5 000	−78 000	−75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	157 000	162 000	167 000	173 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	157 000	162 000	167 000	173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	157 000	162 000	167 000	173 000
Stock	0	0	0	0
Total Investments	1 000	1 000	8 000	0
Cash, Bank	3 167 000	3 289 000	3 139 000	3 139 000
Total Current Assets	3 168 000	3 290 000	3 158 000	3 141 000
Total Assets	3 325 000	3 452 000	3 326 000	3 315 000
Total Equity	3 005 000	3 024 000	3 029 000	3 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	3 000	18 000
Creditors	0	0	0	0
Unpaid Taxes	7 000	7 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	313 000	417 000	293 000	189 000
Total Current Debt	319 000	425 000	294 000	191 000
Total Equity and Debt	3 325 000	3 452 000	3 326 000	3 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,6 %	−0,17 %	−2,58 %	−2,41 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−49,21 %	−52,03 %	−114,66 %	−118,98 %
Current Ratio	9,93	7,74	10,74	16,45
Quick Ratio	9,93	7,74	10,74	16,45
Equity Ratio	0,9	0,88	0,91	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %