NETSPINNER SOLUTIONS AS

0379 OSLO

Finances

Share Ownership

Return on Equity

−70,45 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 000	403 000	563 000	623 000
Net Income	−31 000	80 000	−154 000	19 000
Total Assets	125 000	135 000	333 000	322 000
Total Equity	44 000	76 000	−5 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 000	403 000	563 000	623 000
Expenditure	173 000	323 000	716 000	592 000
Operating Profit	−31 000	80 000	−153 000	30 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	11 000
Financial Balance	0	0	−1 000	−11 000
Earnings Before Tax	−31 000	80 000	−154 000	19 000
Tax	0	0	0	0
Net Income	−31 000	80 000	−154 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	128 000	330 000	250 000
Total Current Assets	0	7 000	2 000	72 000
Total Assets	125 000	135 000	333 000	322 000
Total Retained Equity	−186 000	−154 000	−235 000	−80 000
Total Equity	44 000	76 000	−5 000	150 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	60 000	338 000	173 000
Total Equity and Debt	125 000	135 000	333 000	322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 000	403 000	563 000	623 000
Other Income	0	0	0	0
Revenue	141 000	403 000	563 000	623 000
Cost of Goods Sold	0	0	0	0
Salary Costs	95 000	177 000	195 000	197 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	173 000	323 000	716 000	592 000
Operating Profit	−31 000	80 000	−153 000	30 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	11 000
Financial Balance	0	0	−1 000	−11 000
Dividends	0	0	0	0
Net Income	−31 000	80 000	−154 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	125 000	125 000	330 000	250 000
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	0	3 000	0	0
Total Fixed Assets	125 000	128 000	330 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	7 000	2 000	2 000
Total Current Assets	0	7 000	2 000	72 000
Total Assets	125 000	135 000	333 000	322 000
Total Equity	44 000	76 000	−5 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	270 000	101 000
Unpaid Taxes	23 000	24 000	28 000	25 000
Dividends	0	0	0	0
Other Current Debt	33 000	30 000	19 000	19 000
Total Current Debt	81 000	60 000	338 000	173 000
Total Equity and Debt	125 000	135 000	333 000	322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,45 %	105,26 %	3 080 %	12,67 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−21,99 %	19,85 %	−27,18 %	4,82 %
Current Ratio	0	0,12	0,01	0,42
Quick Ratio	0	0,12	0,01	0,42
Equity Ratio	0,35	0,56	−0,02	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %