NETTBORSEN UTVIKLING AS

0281 OSLO

Finances

Return on Equity

−29,26 %

Current Ratio

2,35

Debt-to-Equity Ratio

−2,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 403 000	2 303 000	2 448 000	2 263 000
Net Income	505 000	−1 030 000	−591 000	−782 000
Total Assets	3 787 000	2 630 000	3 065 000	3 896 000
Total Equity	−1 726 000	−2 230 000	−1 200 000	−609 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 403 000	2 303 000	2 448 000	2 263 000
Expenditure	1 816 000	3 331 000	3 348 000	3 410 000
Operating Profit	587 000	−1 029 000	−899 000	−1 147 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	84 000	1 000	18 000	43 000
Financial Balance	−82 000	−1 000	−15 000	−42 000
Earnings Before Tax	505 000	−1 030 000	−914 000	−1 189 000
Tax	0	0	−323 000	−407 000
Net Income	505 000	−1 030 000	−591 000	−782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 699 000	1 750 000	2 695 000	3 679 000
Total Current Assets	1 088 000	879 000	370 000	218 000
Total Assets	3 787 000	2 630 000	3 065 000	3 896 000
Total Retained Equity	−1 846 000	−2 350 000	−1 320 000	−729 000
Total Equity	−1 726 000	−2 230 000	−1 200 000	−609 000
Total Long-Term Debt	5 050 000	4 497 000	4 047 000	3 675 000
Total Current Debt	463 000	363 000	218 000	830 000
Total Equity and Debt	3 787 000	2 630 000	3 065 000	3 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 403 000	2 303 000	2 303 000	2 263 000
Other Income	0	0	146 000	0
Revenue	2 403 000	2 303 000	2 448 000	2 263 000
Cost of Goods Sold	752 000	981 000	966 000	820 000
Salary Costs	137 000	929 000	716 000	1 009 000
Depreciation	487 000	944 000	944 000	944 000
Impairment	0	0	0	0
Expenditure	1 816 000	3 331 000	3 348 000	3 410 000
Operating Profit	587 000	−1 029 000	−899 000	−1 147 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	84 000	1 000	18 000	43 000
Financial Balance	−82 000	−1 000	−15 000	−42 000
Dividends	0	0	0	0
Net Income	505 000	−1 030 000	−591 000	−782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 716 000	727 000	1 671 000	2 616 000
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	983 000	1 023 000	1 023 000	1 063 000
Total Fixed Assets	2 699 000	1 750 000	2 695 000	3 679 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	188 000	39 000	63 000	41 000
Total Current Assets	1 088 000	879 000	370 000	218 000
Total Assets	3 787 000	2 630 000	3 065 000	3 896 000
Total Equity	−1 726 000	−2 230 000	−1 200 000	−609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 050 000	4 497 000	4 047 000	3 675 000
Creditors	198 000	149 000	396 000	1 060 000
Unpaid Taxes	114 000	122 000	55 000	82 000
Dividends	0	0	0	0
Other Current Debt	151 000	92 000	91 000	95 000
Total Current Debt	463 000	363 000	218 000	830 000
Total Equity and Debt	3 787 000	2 630 000	3 065 000	3 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,26 %	46,19 %	49,25 %	128,41 %
Debt-to-Equity Ratio	−2,93	−2,02	−3,37	−6,03
Operating Profit Margin	24,43 %	−44,68 %	−36,72 %	−50,68 %
Current Ratio	2,35	2,42	1,7	0,26
Quick Ratio	2,35	2,42	1,7	0,26
Equity Ratio	−0,46	−0,85	−0,39	−0,16
Gross Profit Margin	68,71 %	57,4 %	60,54 %	63,76 %