NETTSOFT AS

0668 OSLO

Finances

Share Ownership

Return on Equity

6,73 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 665 000	9 484 000	10 358 000	9 596 000
Net Income	209 000	350 000	875 000	508 000
Total Assets	6 289 000	5 341 000	4 904 000	4 457 000
Total Equity	3 105 000	2 896 000	2 547 000	1 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 665 000	9 484 000	10 358 000	9 596 000
Expenditure	10 378 000	9 015 000	9 428 000	9 055 000
Operating Profit	287 000	469 000	931 000	541 000
Financial Income	5 000	5 000	7 000	6 000
Financial Costs	39 000	27 000	41 000	39 000
Financial Balance	−34 000	−22 000	−34 000	−33 000
Earnings Before Tax	254 000	447 000	898 000	508 000
Tax	45 000	97 000	23 000	0
Net Income	209 000	350 000	875 000	508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	718 000	504 000	621 000	309 000
Total Current Assets	5 571 000	4 837 000	4 283 000	4 148 000
Total Assets	6 289 000	5 341 000	4 904 000	4 457 000
Total Retained Equity	2 905 000	2 696 000	2 347 000	1 471 000
Total Equity	3 105 000	2 896 000	2 547 000	1 671 000
Total Long-Term Debt	954 000	819 000	981 000	880 000
Total Current Debt	2 230 000	1 625 000	1 377 000	1 906 000
Total Equity and Debt	6 289 000	5 341 000	4 904 000	4 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 619 000	9 484 000	10 358 000	9 596 000
Other Income	46 000	0	0	0
Revenue	10 665 000	9 484 000	10 358 000	9 596 000
Cost of Goods Sold	4 734 000	3 525 000	3 756 000	3 096 000
Salary Costs	4 449 000	4 272 000	4 301 000	4 381 000
Depreciation	91 000	86 000	62 000	14 000
Impairment	0	0	0	0
Expenditure	10 378 000	9 015 000	9 428 000	9 055 000
Operating Profit	287 000	469 000	931 000	541 000
Financial Income	5 000	5 000	7 000	6 000
Financial Costs	39 000	27 000	41 000	39 000
Financial Balance	−34 000	−22 000	−34 000	−33 000
Dividends	0	0	0	0
Net Income	209 000	350 000	875 000	508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 000	17 000	31 000	45 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	487 000	239 000	311 000	0
Total Tangible Assets	491 000	256 000	342 000	45 000
Total Fiancial Fixed Assets	227 000	248 000	279 000	264 000
Total Fixed Assets	718 000	504 000	621 000	309 000
Stock	32 000	136 000	149 000	106 000
Total Investments	0	0	0	0
Cash, Bank	1 614 000	1 155 000	1 255 000	608 000
Total Current Assets	5 571 000	4 837 000	4 283 000	4 148 000
Total Assets	6 289 000	5 341 000	4 904 000	4 457 000
Total Equity	3 105 000	2 896 000	2 547 000	1 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	954 000	819 000	981 000	880 000
Creditors	682 000	543 000	407 000	376 000
Unpaid Taxes	1 137 000	644 000	591 000	1 184 000
Dividends	0	0	0	0
Other Current Debt	366 000	342 000	356 000	347 000
Total Current Debt	2 230 000	1 625 000	1 377 000	1 906 000
Total Equity and Debt	6 289 000	5 341 000	4 904 000	4 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,73 %	12,09 %	34,35 %	30,4 %
Debt-to-Equity Ratio	0,31	0,28	0,39	0,53
Operating Profit Margin	2,69 %	4,95 %	8,99 %	5,64 %
Current Ratio	2,5	2,98	3,11	2,18
Quick Ratio	2,53	3,25	3,49	2,3
Equity Ratio	0,49	0,54	0,52	0,37
Gross Profit Margin	55,61 %	62,83 %	63,74 %	67,74 %