NORNETT INSTALLASJON AS

1262 OSLO

Finances

Share Ownership

Return on Equity

30,27 %

Current Ratio

0,92

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 693 000	1 759 000	3 326 000	3 912 000
Net Income	609 000	−668 000	18 000	−20 000
Total Assets	5 975 000	6 176 000	7 534 000	7 096 000
Total Equity	2 012 000	1 553 000	2 471 000	2 452 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 693 000	1 759 000	3 326 000	3 912 000
Expenditure	1 773 000	2 027 000	3 127 000	3 685 000
Operating Profit	919 000	−268 000	199 000	228 000
Financial Income	5 000	0	1 000	0
Financial Costs	175 000	132 000	147 000	197 000
Financial Balance	−170 000	−132 000	−146 000	−197 000
Earnings Before Tax	750 000	−400 000	52 000	31 000
Tax	140 000	268 000	34 000	51 000
Net Income	609 000	−668 000	18 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 408 000	5 924 000	6 239 000	6 295 000
Total Current Assets	568 000	252 000	1 295 000	801 000
Total Assets	5 975 000	6 176 000	7 534 000	7 096 000
Total Retained Equity	1 912 000	1 453 000	2 371 000	2 352 000
Total Equity	2 012 000	1 553 000	2 471 000	2 452 000
Total Long-Term Debt	3 348 000	3 620 000	3 920 000	4 118 000
Total Current Debt	615 000	1 004 000	1 144 000	525 000
Total Equity and Debt	5 975 000	6 176 000	7 534 000	7 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 263 000	1 722 000	3 243 000	3 912 000
Other Income	431 000	37 000	82 000	0
Revenue	2 693 000	1 759 000	3 326 000	3 912 000
Cost of Goods Sold	398 000	272 000	480 000	820 000
Salary Costs	795 000	1 025 000	1 330 000	1 644 000
Depreciation	86 000	233 000	509 000	451 000
Impairment	0	0	0	0
Expenditure	1 773 000	2 027 000	3 127 000	3 685 000
Operating Profit	919 000	−268 000	199 000	228 000
Financial Income	5 000	0	1 000	0
Financial Costs	175 000	132 000	147 000	197 000
Financial Balance	−170 000	−132 000	−146 000	−197 000
Dividends	150 000	250 000	0	0
Net Income	609 000	−668 000	18 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 108 000	5 062 000	5 062 000	5 254 000
Machinery and Plant Facilities	41 000	358 000	700 000	991 000
Fixtures	38 000	23 000	14 000	40 000
Total Tangible Assets	5 187 000	5 443 000	5 776 000	6 285 000
Total Fiancial Fixed Assets	220 000	480 000	463 000	10 000
Total Fixed Assets	5 408 000	5 924 000	6 239 000	6 295 000
Stock	25 000	23 000	23 000	23 000
Total Investments	0	0	0	0
Cash, Bank	261 000	110 000	515 000	270 000
Total Current Assets	568 000	252 000	1 295 000	801 000
Total Assets	5 975 000	6 176 000	7 534 000	7 096 000
Total Equity	2 012 000	1 553 000	2 471 000	2 452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 348 000	3 620 000	3 920 000	4 118 000
Creditors	93 000	33 000	255 000	137 000
Unpaid Taxes	155 000	107 000	402 000	378 000
Dividends	150 000	250 000	0	0
Other Current Debt	301 000	540 000	449 000	9 000
Total Current Debt	615 000	1 004 000	1 144 000	525 000
Total Equity and Debt	5 975 000	6 176 000	7 534 000	7 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,27 %	−43,01 %	0,73 %	−0,82 %
Debt-to-Equity Ratio	1,66	2,33	1,59	1,68
Operating Profit Margin	34,13 %	−15,24 %	5,98 %	5,83 %
Current Ratio	0,92	0,25	1,13	1,53
Quick Ratio	0,96	0,26	1,16	1,6
Equity Ratio	0,34	0,25	0,33	0,35
Gross Profit Margin	85,22 %	84,54 %	85,57 %	79,04 %