NETCENTRIC SYSTEMS AS

1410 KOLBOTN

Finances

Return on Equity

−9,12 %

Current Ratio

6,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 859 000	1 547 000	1 404 000	1 562 000
Total Assets	23 650 000	25 593 000	24 407 000	34 391 000
Total Equity	20 374 000	22 233 000	23 686 000	34 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	30 000	29 000	42 000	29 000
Operating Profit	−30 000	−29 000	−42 000	−29 000
Financial Income	202 000	3 027 000	1 806 000	2 844 000
Financial Costs	2 072 000	1 430 000	280 000	1 144 000
Financial Balance	−1 870 000	1 597 000	1 526 000	1 700 000
Earnings Before Tax	−1 899 000	1 568 000	1 484 000	1 671 000
Tax	−41 000	22 000	80 000	109 000
Net Income	−1 859 000	1 547 000	1 404 000	1 562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 976 000	2 097 000	4 550 000	16 238 000
Total Current Assets	21 673 000	23 496 000	19 858 000	18 154 000
Total Assets	23 650 000	25 593 000	24 407 000	34 391 000
Total Retained Equity	20 274 000	22 133 000	23 586 000	34 182 000
Total Equity	20 374 000	22 233 000	23 686 000	34 282 000
Total Long-Term Debt	0	38 000	74 000	41 000
Total Current Debt	3 275 000	3 322 000	647 000	68 000
Total Equity and Debt	23 650 000	25 593 000	24 407 000	34 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	29 000	42 000	29 000
Operating Profit	−30 000	−29 000	−42 000	−29 000
Financial Income	202 000	3 027 000	1 806 000	2 844 000
Financial Costs	2 072 000	1 430 000	280 000	1 144 000
Financial Balance	−1 870 000	1 597 000	1 526 000	1 700 000
Dividends	0	3 000 000	12 000 000	0
Net Income	−1 859 000	1 547 000	1 404 000	1 562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	2 000	2 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 960 000	2 095 000	4 548 000	16 235 000
Total Fixed Assets	1 976 000	2 097 000	4 550 000	16 238 000
Stock	0	0	0	0
Total Investments	20 954 000	22 039 000	19 825 000	18 152 000
Cash, Bank	719 000	1 007 000	32 000	2 000
Total Current Assets	21 673 000	23 496 000	19 858 000	18 154 000
Total Assets	23 650 000	25 593 000	24 407 000	34 391 000
Total Equity	20 374 000	22 233 000	23 686 000	34 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	38 000	74 000	41 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	3 000 000	12 000 000	0
Other Current Debt	3 264 000	3 264 000	599 000	0
Total Current Debt	3 275 000	3 322 000	647 000	68 000
Total Equity and Debt	23 650 000	25 593 000	24 407 000	34 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,12 %	6,96 %	5,93 %	4,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,62	7,07	30,69	266,97
Quick Ratio	6,62	7,07	30,69	266,97
Equity Ratio	0,86	0,87	0,97	1
Gross Profit Margin	-	-	-	-