NETNORDIC HOLDING AS

1366 LYSAKER

Finances

Return on Equity

1,79 %

Current Ratio

0,98

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 141 548 000	1 964 833 000	1 617 926 000	1 336 441 000
Net Income	4 842 000	38 861 000	12 130 000	12 631 000
Total Assets	1 596 362 000	1 416 932 000	1 324 356 000	1 067 683 000
Total Equity	270 733 000	277 427 000	258 796 000	309 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 141 548 000	1 964 833 000	1 617 926 000	1 336 441 000
Expenditure	2 096 750 000	1 892 829 000	1 579 177 000	1 302 462 000
Operating Profit	44 798 000	72 004 000	38 749 000	33 979 000
Financial Income	57 109 000	34 748 000	37 017 000	9 504 000
Financial Costs	80 885 000	46 179 000	68 221 000	26 100 000
Financial Balance	−23 776 000	−11 431 000	−31 204 000	−16 596 000
Earnings Before Tax	21 022 000	60 573 000	7 545 000	17 383 000
Tax	16 180 000	21 712 000	−4 585 000	4 752 000
Net Income	4 842 000	38 861 000	12 130 000	12 631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	736 514 000	780 697 000	701 819 000	579 635 000
Total Current Assets	859 848 000	636 235 000	622 537 000	488 048 000
Total Assets	1 596 362 000	1 416 932 000	1 324 356 000	1 067 683 000
Total Retained Equity	−50 913 000	−45 390 000	−86 393 000	−102 508 000
Total Equity	270 733 000	277 427 000	258 796 000	309 626 000
Total Long-Term Debt	447 629 000	436 846 000	418 072 000	265 637 000
Total Current Debt	878 000 000	702 659 000	647 488 000	492 420 000
Total Equity and Debt	1 596 362 000	1 416 932 000	1 324 356 000	1 067 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 141 548 000	1 964 833 000	1 617 926 000	1 336 441 000
Other Income	0	0	0	0
Revenue	2 141 548 000	1 964 833 000	1 617 926 000	1 336 441 000
Cost of Goods Sold	1 331 952 000	1 213 593 000	956 183 000	786 410 000
Salary Costs	552 550 000	505 376 000	458 333 000	369 248 000
Depreciation	97 704 000	78 775 000	64 695 000	46 522 000
Impairment	0	0	0	0
Expenditure	2 096 750 000	1 892 829 000	1 579 177 000	1 302 462 000
Operating Profit	44 798 000	72 004 000	38 749 000	33 979 000
Financial Income	57 109 000	34 748 000	37 017 000	9 504 000
Financial Costs	80 885 000	46 179 000	68 221 000	26 100 000
Financial Balance	−23 776 000	−11 431 000	−31 204 000	−16 596 000
Dividends	0	0	0	0
Net Income	4 842 000	38 861 000	12 130 000	12 631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	446 148 000	498 637 000	495 825 000	370 776 000
Total Intangible Assets	721 967 000	759 121 000	668 315 000	547 859 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 264 000	21 293 000	33 221 000	29 567 000
Total Tangible Assets	14 264 000	21 293 000	33 221 000	29 567 000
Total Fiancial Fixed Assets	283 000	283 000	283 000	2 209 000
Total Fixed Assets	736 514 000	780 697 000	701 819 000	579 635 000
Stock	32 861 000	11 727 000	16 885 000	48 670 000
Total Investments	0	0	0	0
Cash, Bank	64 482 000	6 664 000	82 780 000	94 346 000
Total Current Assets	859 848 000	636 235 000	622 537 000	488 048 000
Total Assets	1 596 362 000	1 416 932 000	1 324 356 000	1 067 683 000
Total Equity	270 733 000	277 427 000	258 796 000	309 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	447 629 000	436 846 000	418 072 000	265 637 000
Creditors	478 498 000	386 671 000	278 803 000	217 977 000
Unpaid Taxes	84 718 000	80 473 000	81 814 000	58 128 000
Dividends	0	0	0	0
Other Current Debt	303 506 000	219 769 000	273 631 000	151 212 000
Total Current Debt	878 000 000	702 659 000	647 488 000	492 420 000
Total Equity and Debt	1 596 362 000	1 416 932 000	1 324 356 000	1 067 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,79 %	14,01 %	4,69 %	4,08 %
Debt-to-Equity Ratio	1,65	1,57	1,62	0,86
Operating Profit Margin	2,09 %	3,66 %	2,39 %	2,54 %
Current Ratio	0,98	0,91	0,96	0,99
Quick Ratio	1,02	0,92	0,99	1,1
Equity Ratio	0,17	0,2	0,2	0,29
Gross Profit Margin	37,8 %	38,23 %	40,9 %	41,16 %