NETPOWER IT SOLUTIONS AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−17,81 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 078 000	6 212 000	6 358 000	6 511 000
Net Income	−777 000	−1 926 000	502 000	225 000
Total Assets	7 037 000	8 018 000	6 008 000	4 784 000
Total Equity	4 363 000	4 130 000	4 499 000	3 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 078 000	6 212 000	6 358 000	6 511 000
Expenditure	10 610 000	8 238 000	5 742 000	6 252 000
Operating Profit	−532 000	−2 026 000	615 000	258 000
Financial Income	3 000	6 000	28 000	27 000
Financial Costs	41 000	10 000	0	0
Financial Balance	−38 000	−4 000	28 000	27 000
Earnings Before Tax	−570 000	−2 030 000	643 000	286 000
Tax	208 000	−104 000	141 000	61 000
Net Income	−777 000	−1 926 000	502 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 915 000	1 502 000	582 000	1 002 000
Total Current Assets	4 123 000	6 517 000	5 426 000	3 782 000
Total Assets	7 037 000	8 018 000	6 008 000	4 784 000
Total Retained Equity	−1 977 000	−1 199 000	726 000	225 000
Total Equity	4 363 000	4 130 000	4 499 000	3 002 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 674 000	3 888 000	1 509 000	1 782 000
Total Equity and Debt	7 037 000	8 018 000	6 008 000	4 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 078 000	6 210 000	6 358 000	6 511 000
Other Income	0	2 000	0	0
Revenue	10 078 000	6 212 000	6 358 000	6 511 000
Cost of Goods Sold	1 793 000	1 396 000	1 201 000	1 249 000
Salary Costs	4 676 000	3 645 000	2 068 000	2 462 000
Depreciation	505 000	267 000	197 000	338 000
Impairment	0	0	0	0
Expenditure	10 610 000	8 238 000	5 742 000	6 252 000
Operating Profit	−532 000	−2 026 000	615 000	258 000
Financial Income	3 000	6 000	28 000	27 000
Financial Costs	41 000	10 000	0	0
Financial Balance	−38 000	−4 000	28 000	27 000
Dividends	0	0	0	0
Net Income	−777 000	−1 926 000	502 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	493 000	389 000	811 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 358 000	1 009 000	193 000	191 000
Total Tangible Assets	1 358 000	1 009 000	193 000	191 000
Total Fiancial Fixed Assets	1 557 000	0	0	0
Total Fixed Assets	2 915 000	1 502 000	582 000	1 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	16 000	10 000	0
Total Current Assets	4 123 000	6 517 000	5 426 000	3 782 000
Total Assets	7 037 000	8 018 000	6 008 000	4 784 000
Total Equity	4 363 000	4 130 000	4 499 000	3 002 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 753 000	1 261 000	297 000	829 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	921 000	1 131 000	1 212 000	953 000
Total Current Debt	2 674 000	3 888 000	1 509 000	1 782 000
Total Equity and Debt	7 037 000	8 018 000	6 008 000	4 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,81 %	−46,63 %	11,16 %	7,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,28 %	−32,61 %	9,67 %	3,96 %
Current Ratio	1,54	1,68	3,6	2,12
Quick Ratio	1,54	1,68	3,6	2,12
Equity Ratio	0,62	0,52	0,75	0,63
Gross Profit Margin	82,21 %	77,53 %	81,11 %	80,82 %