NORSK NETTHANDEL AS

1081 OSLO

Finances

Share Ownership

Return on Equity

1,69 %

Current Ratio

4,86

Debt-to-Equity Ratio

3,63

Key figures (NOK)	2021	2020	2019
Revenue	3 039 000	2 005 000	253 000
Net Income	4 000	202 000	5 000
Total Assets	1 322 000	839 000	461 000
Total Equity	236 000	232 000	30 000

Income (NOK)	2021	2020	2019
Revenue	3 039 000	2 005 000	253 000
Expenditure	2 995 000	1 745 000	246 000
Operating Profit	43 000	260 000	7 000
Financial Income	2 000	0	0
Financial Costs	37 000	0	0
Financial Balance	−35 000	0	0
Earnings Before Tax	8 000	259 000	7 000
Tax	4 000	57 000	1 000
Net Income	4 000	202 000	5 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	209 000	2 000	0
Total Current Assets	1 113 000	837 000	461 000
Total Assets	1 322 000	839 000	461 000
Total Retained Equity	206 000	202 000	0
Total Equity	236 000	232 000	30 000
Total Long-Term Debt	857 000	0	0
Total Current Debt	229 000	607 000	431 000
Total Equity and Debt	1 322 000	839 000	461 000

Cash flow (NOK)	2021	2020	2019
Sales Income	3 039 000	2 005 000	253 000
Other Income	0	0	0
Revenue	3 039 000	2 005 000	253 000
Cost of Goods Sold	2 223 000	1 367 000	177 000
Salary Costs	226 000	10 000	6 000
Depreciation	25 000	0	0
Impairment	0	0	0
Expenditure	2 995 000	1 745 000	246 000
Operating Profit	43 000	260 000	7 000
Financial Income	2 000	0	0
Financial Costs	37 000	0	0
Financial Balance	−35 000	0	0
Dividends	0	0	0
Net Income	4 000	202 000	5 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	207 000	0	0
Total Tangible Assets	207 000	0	0
Total Fiancial Fixed Assets	2 000	2 000	0
Total Fixed Assets	209 000	2 000	0
Stock	946 000	683 000	295 000
Total Investments	0	0	0
Cash, Bank	151 000	154 000	120 000
Total Current Assets	1 113 000	837 000	461 000
Total Assets	1 322 000	839 000	461 000
Total Equity	236 000	232 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	857 000	0	0
Creditors	−225 000	51 000	0
Unpaid Taxes	138 000	62 000	15 000
Dividends	0	0	0
Other Current Debt	316 000	438 000	415 000
Total Current Debt	229 000	607 000	431 000
Total Equity and Debt	1 322 000	839 000	461 000

Financial indicators	2021	2020	2019
Return on Equity	1,69 %	87,07 %	16,67 %
Debt-to-Equity Ratio	3,63	0	0
Operating Profit Margin	1,41 %	12,97 %	2,77 %
Current Ratio	4,86	1,38	1,07
Quick Ratio	−1,55	−11,01	3,39
Equity Ratio	0,18	0,28	0,07
Gross Profit Margin	26,85 %	31,82 %	30,04 %