NETELANDPRODUCTION AS

6815 FØRDE

Finances

Share Ownership

Return on Equity

−13,13 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	92 000	201 000	154 000
Net Income	−21 000	46 000	58 000	−27 000
Total Assets	226 000	215 000	155 000	104 000
Total Equity	160 000	181 000	134 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	92 000	201 000	154 000
Expenditure	21 000	33 000	135 000	181 000
Operating Profit	−21 000	60 000	67 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−21 000	60 000	67 000	−27 000
Tax	0	13 000	9 000	0
Net Income	−21 000	46 000	58 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	26 000	44 000	39 000
Total Current Assets	187 000	188 000	111 000	65 000
Total Assets	226 000	215 000	155 000	104 000
Total Retained Equity	130 000	151 000	104 000	46 000
Total Equity	160 000	181 000	134 000	76 000
Total Long-Term Debt	0	−30 000	−30 000	−30 000
Total Current Debt	66 000	64 000	51 000	58 000
Total Equity and Debt	226 000	215 000	155 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	92 000	146 000	154 000
Other Income	0	0	55 000	0
Revenue	0	92 000	201 000	154 000
Cost of Goods Sold	0	8 000	92 000	64 000
Salary Costs	0	0	0	0
Depreciation	18 000	18 000	18 000	10 000
Impairment	0	0	0	0
Expenditure	21 000	33 000	135 000	181 000
Operating Profit	−21 000	60 000	67 000	−27 000
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	−21 000	46 000	58 000	−27 000

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	8 000	26 000	44 000	39 000
Total Tangible Assets	8 000	26 000	44 000	39 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	38 000	26 000	44 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	176 000	188 000	111 000	65 000
Total Current Assets	187 000	188 000	111 000	65 000
Total Assets	226 000	215 000	155 000	104 000
Total Equity	160 000	181 000	134 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−30 000	−30 000	−30 000
Creditors	0	−12 000	−12 000	0
Unpaid Taxes	2 000	3 000	3 000	7 000
Dividends	0	0	0	0
Other Current Debt	29 000	29 000	29 000	29 000
Total Current Debt	66 000	64 000	51 000	58 000
Total Equity and Debt	226 000	215 000	155 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,13 %	25,41 %	43,28 %	−35,53 %
Debt-to-Equity Ratio	0	−0,17	−0,22	−0,39
Operating Profit Margin	-	65,22 %	33,33 %	−17,53 %
Current Ratio	2,83	2,94	2,18	1,12
Quick Ratio	2,83	2,94	2,18	1,12
Equity Ratio	0,71	0,84	0,86	0,73
Gross Profit Margin	-	91,3 %	54,23 %	58,44 %