NETTSIA AS

4620 KRISTIANSAND S

Finances

Return on Equity

48,87 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	522 000	735 000	1 122 000	1 297 000
Net Income	65 000	−14 000	67 000	85 000
Total Assets	181 000	309 000	435 000	450 000
Total Equity	133 000	168 000	182 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	522 000	735 000	1 122 000	1 297 000
Expenditure	607 000	749 000	1 035 000	1 187 000
Operating Profit	−85 000	−15 000	86 000	109 000
Financial Income	150 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	150 000	−1 000	0	0
Earnings Before Tax	65 000	−15 000	86 000	109 000
Tax	0	−1 000	19 000	24 000
Net Income	65 000	−14 000	67 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	56 000	65 000	24 000
Total Current Assets	131 000	253 000	370 000	426 000
Total Assets	181 000	309 000	435 000	450 000
Total Retained Equity	103 000	138 000	152 000	85 000
Total Equity	133 000	168 000	182 000	115 000
Total Long-Term Debt	0	0	1 000	3 000
Total Current Debt	48 000	141 000	252 000	332 000
Total Equity and Debt	181 000	309 000	435 000	450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	522 000	735 000	1 121 000	1 297 000
Other Income	0	0	0	0
Revenue	522 000	735 000	1 122 000	1 297 000
Cost of Goods Sold	135 000	74 000	294 000	404 000
Salary Costs	365 000	568 000	645 000	716 000
Depreciation	6 000	9 000	9 000	3 000
Impairment	0	0	0	0
Expenditure	607 000	749 000	1 035 000	1 187 000
Operating Profit	−85 000	−15 000	86 000	109 000
Financial Income	150 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	150 000	−1 000	0	0
Dividends	100 000	0	0	0
Net Income	65 000	−14 000	67 000	85 000

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	6 000	15 000	24 000
Total Tangible Assets	0	6 000	15 000	24 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	0
Total Fixed Assets	50 000	56 000	65 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	53 000	273 000	91 000
Total Current Assets	131 000	253 000	370 000	426 000
Total Assets	181 000	309 000	435 000	450 000
Total Equity	133 000	168 000	182 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	3 000
Creditors	0	7 000	42 000	88 000
Unpaid Taxes	14 000	80 000	128 000	155 000
Dividends	100 000	0	0	0
Other Current Debt	34 000	53 000	61 000	67 000
Total Current Debt	48 000	141 000	252 000	332 000
Total Equity and Debt	181 000	309 000	435 000	450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,87 %	−8,33 %	36,81 %	73,91 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	−16,28 %	−2,04 %	7,66 %	8,4 %
Current Ratio	2,73	1,79	1,47	1,28
Quick Ratio	2,73	1,79	1,47	1,28
Equity Ratio	0,73	0,54	0,42	0,26
Gross Profit Margin	74,14 %	89,93 %	73,8 %	68,85 %