KURT NETSKAR ENTREPRENØR AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

2,47 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 596 000	5 316 000	4 409 000	4 337 000
Net Income	41 000	204 000	−82 000	81 000
Total Assets	3 112 000	3 603 000	2 052 000	2 293 000
Total Equity	1 659 000	1 618 000	1 415 000	1 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 596 000	5 316 000	4 409 000	4 337 000
Expenditure	3 479 000	5 027 000	4 514 000	4 199 000
Operating Profit	118 000	288 000	−104 000	139 000
Financial Income	0	0	0	12 000
Financial Costs	53 000	38 000	0	37 000
Financial Balance	−53 000	−38 000	0	−25 000
Earnings Before Tax	65 000	250 000	−104 000	114 000
Tax	24 000	46 000	−22 000	33 000
Net Income	41 000	204 000	−82 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 411 000	2 706 000	1 670 000	1 754 000
Total Current Assets	700 000	897 000	382 000	539 000
Total Assets	3 112 000	3 603 000	2 052 000	2 293 000
Total Retained Equity	1 549 000	1 508 000	1 305 000	1 386 000
Total Equity	1 659 000	1 618 000	1 415 000	1 496 000
Total Long-Term Debt	917 000	1 396 000	243 000	179 000
Total Current Debt	536 000	589 000	394 000	618 000
Total Equity and Debt	3 112 000	3 603 000	2 052 000	2 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 592 000	5 061 000	4 409 000	4 042 000
Other Income	4 000	254 000	0	296 000
Revenue	3 596 000	5 316 000	4 409 000	4 337 000
Cost of Goods Sold	1 191 000	2 196 000	1 906 000	1 100 000
Salary Costs	881 000	981 000	791 000	1 012 000
Depreciation	517 000	494 000	385 000	456 000
Impairment	0	0	0	0
Expenditure	3 479 000	5 027 000	4 514 000	4 199 000
Operating Profit	118 000	288 000	−104 000	139 000
Financial Income	0	0	0	12 000
Financial Costs	53 000	38 000	0	37 000
Financial Balance	−53 000	−38 000	0	−25 000
Dividends	0	0	0	0
Net Income	41 000	204 000	−82 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 411 000	2 690 000	1 620 000	1 430 000
Total Tangible Assets	2 411 000	2 690 000	1 620 000	1 431 000
Total Fiancial Fixed Assets	0	17 000	50 000	323 000
Total Fixed Assets	2 411 000	2 706 000	1 670 000	1 754 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	599 000	771 000	284 000	348 000
Total Current Assets	700 000	897 000	382 000	539 000
Total Assets	3 112 000	3 603 000	2 052 000	2 293 000
Total Equity	1 659 000	1 618 000	1 415 000	1 496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	917 000	1 396 000	243 000	179 000
Creditors	342 000	300 000	134 000	339 000
Unpaid Taxes	111 000	79 000	113 000	131 000
Dividends	0	0	0	0
Other Current Debt	83 000	211 000	147 000	148 000
Total Current Debt	536 000	589 000	394 000	618 000
Total Equity and Debt	3 112 000	3 603 000	2 052 000	2 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,47 %	12,61 %	−5,8 %	5,41 %
Debt-to-Equity Ratio	0,55	0,86	0,17	0,12
Operating Profit Margin	3,28 %	5,42 %	−2,36 %	3,2 %
Current Ratio	1,31	1,52	0,97	0,87
Quick Ratio	1,31	1,52	0,97	0,87
Equity Ratio	0,53	0,45	0,69	0,65
Gross Profit Margin	66,88 %	58,69 %	56,77 %	74,64 %