NOETIC AS

5224 NESTTUN

Finances

Return on Equity

26,19 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 193 000	1 633 000	686 000
Net Income	335 000	580 000	334 000
Total Assets	2 262 000	1 346 000	615 000
Total Equity	1 279 000	944 000	364 000

Income (NOK)	2022	2021	2020
Revenue	2 193 000	1 633 000	686 000
Expenditure	1 912 000	983 000	258 000
Operating Profit	281 000	649 000	429 000
Financial Income	246 000	74 000	0
Financial Costs	128 000	0	0
Financial Balance	118 000	74 000	0
Earnings Before Tax	399 000	723 000	429 000
Tax	64 000	143 000	94 000
Net Income	335 000	580 000	334 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	29 000	0	0
Total Current Assets	2 232 000	1 346 000	615 000
Total Assets	2 262 000	1 346 000	615 000
Total Retained Equity	1 249 000	914 000	334 000
Total Equity	1 279 000	944 000	364 000
Total Long-Term Debt	0	0	0
Total Current Debt	982 000	402 000	251 000
Total Equity and Debt	2 262 000	1 346 000	615 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 193 000	1 633 000	686 000
Other Income	0	0	0
Revenue	2 193 000	1 633 000	686 000
Cost of Goods Sold	0	0	0
Salary Costs	1 846 000	938 000	240 000
Depreciation	10 000	0	0
Impairment	0	0	0
Expenditure	1 912 000	983 000	258 000
Operating Profit	281 000	649 000	429 000
Financial Income	246 000	74 000	0
Financial Costs	128 000	0	0
Financial Balance	118 000	74 000	0
Dividends	0	0	0
Net Income	335 000	580 000	334 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	29 000	0	0
Total Tangible Assets	29 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	29 000	0	0
Stock	0	0	0
Total Investments	818 000	572 000	0
Cash, Bank	1 390 000	572 000	438 000
Total Current Assets	2 232 000	1 346 000	615 000
Total Assets	2 262 000	1 346 000	615 000
Total Equity	1 279 000	944 000	364 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	10 000	9 000	6 000
Unpaid Taxes	104 000	156 000	126 000
Dividends	0	0	0
Other Current Debt	805 000	94 000	24 000
Total Current Debt	982 000	402 000	251 000
Total Equity and Debt	2 262 000	1 346 000	615 000

Financial indicators	2022	2021	2020
Return on Equity	26,19 %	61,44 %	91,76 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	12,81 %	39,74 %	62,54 %
Current Ratio	2,27	3,35	2,45
Quick Ratio	2,27	3,35	2,45
Equity Ratio	0,57	0,7	0,59
Gross Profit Margin	100 %	100 %	100 %