NETTEC AS

1410 KOLBOTN

Finances

Share Ownership

Return on Equity

76,49 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 327 000	33 149 000	33 941 000	33 500 000
Net Income	4 698 000	5 246 000	6 291 000	5 004 000
Total Assets	31 142 000	29 646 000	29 430 000	24 256 000
Total Equity	6 142 000	11 443 000	10 197 000	7 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 327 000	33 149 000	33 941 000	33 500 000
Expenditure	30 561 000	26 305 000	26 595 000	27 136 000
Operating Profit	5 766 000	6 844 000	7 346 000	6 365 000
Financial Income	590 000	291 000	896 000	171 000
Financial Costs	289 000	369 000	178 000	241 000
Financial Balance	301 000	−78 000	718 000	−70 000
Earnings Before Tax	6 067 000	6 766 000	8 064 000	6 295 000
Tax	1 369 000	1 520 000	1 774 000	1 291 000
Net Income	4 698 000	5 246 000	6 291 000	5 004 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 205 000	11 524 000	3 900 000	3 612 000
Total Current Assets	19 937 000	18 122 000	25 529 000	20 644 000
Total Assets	31 142 000	29 646 000	29 430 000	24 256 000
Total Retained Equity	5 892 000	11 193 000	9 947 000	7 657 000
Total Equity	6 142 000	11 443 000	10 197 000	7 907 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 000 000	18 202 000	19 232 000	16 349 000
Total Equity and Debt	31 142 000	29 646 000	29 430 000	24 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 291 000	33 090 000	33 903 000	33 467 000
Other Income	37 000	59 000	37 000	33 000
Revenue	36 327 000	33 149 000	33 941 000	33 500 000
Cost of Goods Sold	13 696 000	11 039 000	12 507 000	14 178 000
Salary Costs	9 817 000	9 684 000	9 582 000	8 813 000
Depreciation	347 000	440 000	367 000	231 000
Impairment	0	0	0	0
Expenditure	30 561 000	26 305 000	26 595 000	27 136 000
Operating Profit	5 766 000	6 844 000	7 346 000	6 365 000
Financial Income	590 000	291 000	896 000	171 000
Financial Costs	289 000	369 000	178 000	241 000
Financial Balance	301 000	−78 000	718 000	−70 000
Dividends	10 000 000	4 000 000	4 000 000	4 000 000
Net Income	4 698 000	5 246 000	6 291 000	5 004 000

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	377 000	597 000	923 000	476 000
Total Tangible Assets	377 000	597 000	923 000	476 000
Total Fiancial Fixed Assets	10 828 000	10 927 000	2 978 000	3 135 000
Total Fixed Assets	11 205 000	11 524 000	3 900 000	3 612 000
Stock	1 421 000	1 762 000	1 650 000	1 769 000
Total Investments	0	0	0	0
Cash, Bank	15 734 000	10 124 000	20 011 000	11 917 000
Total Current Assets	19 937 000	18 122 000	25 529 000	20 644 000
Total Assets	31 142 000	29 646 000	29 430 000	24 256 000
Total Equity	6 142 000	11 443 000	10 197 000	7 907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 219 000	1 665 000	1 970 000	1 276 000
Unpaid Taxes	1 901 000	1 859 000	1 905 000	2 122 000
Dividends	10 000 000	4 000 000	4 000 000	4 000 000
Other Current Debt	9 511 000	9 159 000	9 583 000	8 115 000
Total Current Debt	25 000 000	18 202 000	19 232 000	16 349 000
Total Equity and Debt	31 142 000	29 646 000	29 430 000	24 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,49 %	45,84 %	61,69 %	63,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,87 %	20,65 %	21,64 %	19 %
Current Ratio	0,8	1	1,33	1,26
Quick Ratio	0,85	1,1	1,45	1,42
Equity Ratio	0,2	0,39	0,35	0,33
Gross Profit Margin	62,3 %	66,7 %	63,15 %	57,68 %