NETWISET AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

−58,91 %

Current Ratio

3,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	443 000	604 000	520 000	5 000
Net Income	−76 000	86 000	103 000	−14 000
Total Assets	178 000	268 000	149 000	31 000
Total Equity	129 000	204 000	118 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	443 000	604 000	520 000	5 000
Expenditure	517 000	492 000	386 000	19 000
Operating Profit	−75 000	111 000	134 000	−14 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Earnings Before Tax	−76 000	110 000	131 000	−14 000
Tax	0	24 000	29 000	0
Net Income	−76 000	86 000	103 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	7 000	9 000	14 000
Total Current Assets	173 000	261 000	140 000	17 000
Total Assets	178 000	268 000	149 000	31 000
Total Retained Equity	99 000	174 000	88 000	−14 000
Total Equity	129 000	204 000	118 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 000	64 000	31 000	15 000
Total Equity and Debt	178 000	268 000	149 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	442 000	604 000	520 000	5 000
Other Income	1 000	0	0	0
Revenue	443 000	604 000	520 000	5 000
Cost of Goods Sold	0	0	8 000	0
Salary Costs	224 000	144 000	26 000	0
Depreciation	2 000	2 000	2 000	6 000
Impairment	0	0	0	0
Expenditure	517 000	492 000	386 000	19 000
Operating Profit	−75 000	111 000	134 000	−14 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	−76 000	86 000	103 000	−14 000

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	5 000	7 000	9 000	14 000
Total Tangible Assets	5 000	7 000	9 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	7 000	9 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	261 000	139 000	17 000
Total Current Assets	173 000	261 000	140 000	17 000
Total Assets	178 000	268 000	149 000	31 000
Total Equity	129 000	204 000	118 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	1 000	1 000	0
Unpaid Taxes	18 000	27 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	21 000	12 000	0	15 000
Total Current Debt	49 000	64 000	31 000	15 000
Total Equity and Debt	178 000	268 000	149 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,91 %	42,16 %	87,29 %	−87,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,93 %	18,38 %	25,77 %	−280 %
Current Ratio	3,53	4,08	4,52	1,13
Quick Ratio	3,53	4,08	4,52	1,13
Equity Ratio	0,72	0,76	0,79	0,52
Gross Profit Margin	100 %	100 %	98,46 %	100 %