NETT OG ELEKTRONIKKSERVICE AS

8802 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

87,1 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 284 000	1 050 000	1 489 000
Net Income	108 000	−47 000	−19 000	92 000
Total Assets	307 000	93 000	152 000	228 000
Total Equity	124 000	16 000	62 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 111 000	1 284 000	1 050 000	1 489 000
Expenditure	1 007 000	1 272 000	1 068 000	1 355 000
Operating Profit	104 000	13 000	−17 000	134 000
Financial Income	0	0	0	0
Financial Costs	11 000	9 000	2 000	6 000
Financial Balance	−11 000	−9 000	−2 000	−6 000
Earnings Before Tax	92 000	4 000	−19 000	128 000
Tax	−16 000	50 000	0	37 000
Net Income	108 000	−47 000	−19 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 000	31 000	46 000	65 000
Total Current Assets	113 000	62 000	105 000	162 000
Total Assets	307 000	93 000	152 000	228 000
Total Retained Equity	24 000	−84 000	−38 000	−19 000
Total Equity	124 000	16 000	62 000	81 000
Total Long-Term Debt	0	37 000	37 000	37 000
Total Current Debt	183 000	41 000	53 000	110 000
Total Equity and Debt	307 000	93 000	152 000	228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 111 000	1 284 000	1 050 000	1 488 000
Other Income	0	0	0	0
Revenue	1 111 000	1 284 000	1 050 000	1 489 000
Cost of Goods Sold	170 000	290 000	212 000	116 000
Salary Costs	247 000	340 000	348 000	520 000
Depreciation	38 000	15 000	19 000	44 000
Impairment	0	0	0	0
Expenditure	1 007 000	1 272 000	1 068 000	1 355 000
Operating Profit	104 000	13 000	−17 000	134 000
Financial Income	0	0	0	0
Financial Costs	11 000	9 000	2 000	6 000
Financial Balance	−11 000	−9 000	−2 000	−6 000
Dividends	0	0	0	0
Net Income	108 000	−47 000	−19 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	31 000	46 000	65 000
Total Tangible Assets	193 000	31 000	46 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	193 000	31 000	46 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	61 000	66 000	122 000
Total Current Assets	113 000	62 000	105 000	162 000
Total Assets	307 000	93 000	152 000	228 000
Total Equity	124 000	16 000	62 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	37 000	37 000	37 000
Creditors	37 000	16 000	30 000	25 000
Unpaid Taxes	48 000	40 000	82 000	64 000
Dividends	0	0	0	0
Other Current Debt	78 000	−15 000	−18 000	40 000
Total Current Debt	183 000	41 000	53 000	110 000
Total Equity and Debt	307 000	93 000	152 000	228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,1 %	−293,75 %	−30,65 %	113,58 %
Debt-to-Equity Ratio	0	2,31	0,6	0,46
Operating Profit Margin	9,36 %	1,01 %	−1,62 %	9 %
Current Ratio	0,62	1,51	1,98	1,47
Quick Ratio	0,62	1,51	1,98	1,47
Equity Ratio	0,4	0,17	0,41	0,36
Gross Profit Margin	84,7 %	77,41 %	79,81 %	92,21 %