NETELAND EIGEDOM AS

5600 NORHEIMSUND

Finances

Return on Equity

389,3 %

Current Ratio

0,31

Debt-to-Equity Ratio

19,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 921 000	1 723 000	1 656 000	1 625 000
Net Income	837 000	676 000	611 000	274 000
Total Assets	5 587 000	5 936 000	6 970 000	6 832 000
Total Equity	215 000	212 000	360 000	1 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 921 000	1 723 000	1 656 000	1 625 000
Expenditure	684 000	706 000	706 000	1 084 000
Operating Profit	1 237 000	1 017 000	950 000	541 000
Financial Income	6 000	0	7 000	10 000
Financial Costs	170 000	149 000	174 000	199 000
Financial Balance	−164 000	−149 000	−167 000	−189 000
Earnings Before Tax	1 074 000	867 000	784 000	351 000
Tax	236 000	191 000	172 000	77 000
Net Income	837 000	676 000	611 000	274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 214 000	5 345 000	5 537 000	5 996 000
Total Current Assets	373 000	591 000	1 433 000	836 000
Total Assets	5 587 000	5 936 000	6 970 000	6 832 000
Total Retained Equity	115 000	112 000	260 000	1 049 000
Total Equity	215 000	212 000	360 000	1 149 000
Total Long-Term Debt	4 167 000	4 500 000	4 833 000	5 000 000
Total Current Debt	1 206 000	1 224 000	1 776 000	683 000
Total Equity and Debt	5 587 000	5 936 000	6 970 000	6 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 921 000	1 723 000	1 656 000	1 625 000
Revenue	1 921 000	1 723 000	1 656 000	1 625 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	511 000	539 000	542 000	539 000
Impairment	0	0	0	0
Expenditure	684 000	706 000	706 000	1 084 000
Operating Profit	1 237 000	1 017 000	950 000	541 000
Financial Income	6 000	0	7 000	10 000
Financial Costs	170 000	149 000	174 000	199 000
Financial Balance	−164 000	−149 000	−167 000	−189 000
Dividends	0	0	1 400 000	400 000
Net Income	837 000	676 000	611 000	274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	309 000	277 000	235 000	152 000
Real Eastate	4 652 000	4 833 000	5 066 000	5 597 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	11 000
Total Tangible Assets	4 669 000	4 833 000	5 066 000	5 608 000
Total Fiancial Fixed Assets	236 000	236 000	236 000	236 000
Total Fixed Assets	5 214 000	5 345 000	5 537 000	5 996 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	568 000	1 411 000	815 000
Total Current Assets	373 000	591 000	1 433 000	836 000
Total Assets	5 587 000	5 936 000	6 970 000	6 832 000
Total Equity	215 000	212 000	360 000	1 149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 167 000	4 500 000	4 833 000	5 000 000
Creditors	45 000	43 000	45 000	41 000
Unpaid Taxes	0	72 000	64 000	62 000
Dividends	0	0	1 400 000	400 000
Other Current Debt	1 128 000	1 110 000	55 000	61 000
Total Current Debt	1 206 000	1 224 000	1 776 000	683 000
Total Equity and Debt	5 587 000	5 936 000	6 970 000	6 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	389,3 %	318,87 %	169,72 %	23,85 %
Debt-to-Equity Ratio	19,38	21,23	13,43	4,35
Operating Profit Margin	64,39 %	59,02 %	57,37 %	33,29 %
Current Ratio	0,31	0,48	0,81	1,22
Quick Ratio	0,31	0,48	0,81	1,22
Equity Ratio	0,04	0,04	0,05	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %