NETCO AS

2323 INGEBERG

Finances

Return on Equity

26,15 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 223 000	61 315 000	52 894 000	74 812 000
Net Income	5 136 000	4 136 000	−784 000	5 726 000
Total Assets	41 177 000	35 596 000	30 303 000	45 988 000
Total Equity	19 638 000	14 890 000	14 986 000	18 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 223 000	61 315 000	52 894 000	74 812 000
Expenditure	75 410 000	55 911 000	53 345 000	66 994 000
Operating Profit	6 815 000	5 404 000	−452 000	7 817 000
Financial Income	13 000	19 000	16 000	15 000
Financial Costs	189 000	111 000	442 000	490 000
Financial Balance	−176 000	−92 000	−426 000	−475 000
Earnings Before Tax	6 639 000	5 312 000	−877 000	7 343 000
Tax	1 503 000	1 175 000	−94 000	1 616 000
Net Income	5 136 000	4 136 000	−784 000	5 726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 818 000	2 173 000	2 493 000	13 029 000
Total Current Assets	39 359 000	33 422 000	27 810 000	32 959 000
Total Assets	41 177 000	35 596 000	30 303 000	45 988 000
Total Retained Equity	18 728 000	13 980 000	14 076 000	16 860 000
Total Equity	19 638 000	14 890 000	14 986 000	18 237 000
Total Long-Term Debt	0	0	0	8 188 000
Total Current Debt	21 539 000	20 706 000	15 316 000	19 563 000
Total Equity and Debt	41 177 000	35 596 000	30 303 000	45 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 892 000	60 152 000	51 949 000	74 732 000
Other Income	4 332 000	1 163 000	944 000	79 000
Revenue	82 223 000	61 315 000	52 894 000	74 812 000
Cost of Goods Sold	29 406 000	16 485 000	14 620 000	28 985 000
Salary Costs	31 195 000	27 721 000	27 706 000	26 567 000
Depreciation	795 000	826 000	881 000	1 239 000
Impairment	0	0	0	0
Expenditure	75 410 000	55 911 000	53 345 000	66 994 000
Operating Profit	6 815 000	5 404 000	−452 000	7 817 000
Financial Income	13 000	19 000	16 000	15 000
Financial Costs	189 000	111 000	442 000	490 000
Financial Balance	−176 000	−92 000	−426 000	−475 000
Dividends	0	0	0	0
Net Income	5 136 000	4 136 000	−784 000	5 726 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	100 000
Total Intangible Assets	232 000	224 000	161 000	290 000
Real Eastate	0	0	0	10 130 000
Machinery and Plant Facilities	233 000	183 000	0	0
Fixtures	1 071 000	1 048 000	1 613 000	1 992 000
Total Tangible Assets	1 304 000	1 231 000	1 613 000	12 122 000
Total Fiancial Fixed Assets	282 000	719 000	719 000	617 000
Total Fixed Assets	1 818 000	2 173 000	2 493 000	13 029 000
Stock	14 440 000	5 663 000	4 331 000	4 646 000
Total Investments	0	0	0	0
Cash, Bank	6 413 000	6 014 000	6 678 000	5 603 000
Total Current Assets	39 359 000	33 422 000	27 810 000	32 959 000
Total Assets	41 177 000	35 596 000	30 303 000	45 988 000
Total Equity	19 638 000	14 890 000	14 986 000	18 237 000
Short-Term Group Debt	497 000	0	0	0
Total Long-Term Debt	0	0	0	8 188 000
Creditors	4 936 000	3 235 000	2 444 000	4 738 000
Unpaid Taxes	4 765 000	4 544 000	3 448 000	2 817 000
Dividends	0	0	0	0
Other Current Debt	9 939 000	8 986 000	9 401 000	10 281 000
Total Current Debt	21 539 000	20 706 000	15 316 000	19 563 000
Total Equity and Debt	41 177 000	35 596 000	30 303 000	45 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,15 %	27,78 %	−5,23 %	31,4 %
Debt-to-Equity Ratio	0	0	0	0,45
Operating Profit Margin	8,29 %	8,81 %	−0,85 %	10,45 %
Current Ratio	1,83	1,61	1,82	1,68
Quick Ratio	5,54	2,22	2,53	2,21
Equity Ratio	0,48	0,42	0,49	0,4
Gross Profit Margin	64,24 %	73,11 %	72,36 %	61,26 %