NETCODE AS

3231 SANDEFJORD

Finances

Share Ownership

Return on Equity

1,59 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 000	37 000	22 000	19 000
Net Income	1 000	19 000	3 000	12 000
Total Assets	64 000	61 000	44 000	40 000
Total Equity	63 000	61 000	43 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 000	37 000	22 000	19 000
Expenditure	11 000	18 000	16 000	8 000
Operating Profit	4 000	19 000	6 000	11 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	2 000	0	−2 000	1 000
Earnings Before Tax	6 000	19 000	4 000	12 000
Tax	5 000	0	1 000	0
Net Income	1 000	19 000	3 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	0
Total Current Assets	34 000	31 000	14 000	40 000
Total Assets	64 000	61 000	44 000	40 000
Total Retained Equity	33 000	37 000	18 000	0
Total Equity	63 000	61 000	43 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	0	1 000	0
Total Equity and Debt	64 000	61 000	44 000	40 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	37 000	22 000	19 000
Other Income	0	0	0	0
Revenue	16 000	37 000	22 000	19 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	0	0	0	3 000
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	11 000	18 000	16 000	8 000
Operating Profit	4 000	19 000	6 000	11 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	2 000	0	−2 000	1 000
Dividends	0	0	0	0
Net Income	1 000	19 000	3 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	30 000	30 000	30 000	0
Total Fixed Assets	30 000	30 000	30 000	0
Stock	0	0	0	0
Total Investments	12 000	10 000	0	0
Cash, Bank	22 000	21 000	11 000	40 000
Total Current Assets	34 000	31 000	14 000	40 000
Total Assets	64 000	61 000	44 000	40 000
Total Equity	63 000	61 000	43 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	1 000	0
Total Equity and Debt	64 000	61 000	44 000	40 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,59 %	31,15 %	6,98 %	30 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	51,35 %	27,27 %	57,89 %
Current Ratio	34	-	14	-
Quick Ratio	34	-	14	-
Equity Ratio	0,98	1	0,98	1
Gross Profit Margin	100 %	94,59 %	100 %	100 %