NETS GROUP AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−44,44 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 000	296 000	120 000	90 000
Net Income	−36 000	8 000	−23 000	34 000
Total Assets	118 000	166 000	107 000	742 000
Total Equity	81 000	−748 000	−605 000	−676 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 000	296 000	120 000	90 000
Expenditure	202 000	265 000	136 000	56 000
Operating Profit	−36 000	31 000	−16 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	0
Financial Balance	0	−2 000	−3 000	0
Earnings Before Tax	−36 000	29 000	−19 000	34 000
Tax	0	21 000	4 000	0
Net Income	−36 000	8 000	−23 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	62 000	90 000	712 000
Total Current Assets	68 000	104 000	17 000	30 000
Total Assets	118 000	166 000	107 000	742 000
Total Retained Equity	791 000	−38 000	105 000	34 000
Total Equity	81 000	−748 000	−605 000	−676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	914 000	863 000	1 418 000
Total Equity and Debt	118 000	166 000	258 000	742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	166 000	296 000	120 000	90 000
Other Income	0	0	0	0
Revenue	166 000	296 000	120 000	90 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	202 000	265 000	136 000	56 000
Operating Profit	−36 000	31 000	−16 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	0
Financial Balance	0	−2 000	−3 000	0
Dividends	0	0	0	0
Net Income	−36 000	8 000	−23 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	50 000	50 000	50 000	50 000
Total Intangible Assets	50 000	62 000	54 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	36 000	662 000
Total Fixed Assets	50 000	62 000	90 000	712 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	19 000	17 000	5 000
Total Current Assets	68 000	104 000	17 000	30 000
Total Assets	118 000	166 000	107 000	742 000
Total Equity	81 000	−748 000	−605 000	−676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	168 000	27 000	79 000
Unpaid Taxes	0	359 000	470 000	472 000
Dividends	0	0	0	0
Other Current Debt	0	353 000	372 000	867 000
Total Current Debt	37 000	914 000	863 000	1 418 000
Total Equity and Debt	118 000	166 000	258 000	742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,44 %	−1,07 %	3,8 %	−5,03 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−21,69 %	10,47 %	−13,33 %	37,78 %
Current Ratio	1,84	0,11	0,02	0,02
Quick Ratio	1,84	0,11	0,02	0,02
Equity Ratio	0,69	−4,51	−5,65	−0,91
Gross Profit Margin	100 %	100 %	100 %	100 %