ONTIME NETWORKS AS

0484 OSLO

Finances

Share Ownership

Return on Equity

15,62 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 267 000	24 513 000	38 788 000	23 872 000
Net Income	3 270 000	−1 199 000	5 718 000	1 823 000
Total Assets	31 261 000	22 872 000	28 345 000	23 256 000
Total Equity	20 936 000	17 666 000	18 865 000	13 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 267 000	24 513 000	38 788 000	23 872 000
Expenditure	31 331 000	26 057 000	31 692 000	21 399 000
Operating Profit	3 935 000	−1 544 000	7 096 000	2 472 000
Financial Income	800 000	640 000	1 354 000	287 000
Financial Costs	866 000	841 000	1 323 000	682 000
Financial Balance	−66 000	−201 000	31 000	−395 000
Earnings Before Tax	3 870 000	−1 745 000	7 127 000	2 077 000
Tax	599 000	−546 000	1 408 000	254 000
Net Income	3 270 000	−1 199 000	5 718 000	1 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	786 000	240 000	240 000
Total Current Assets	31 022 000	22 086 000	28 105 000	23 016 000
Total Assets	31 261 000	22 872 000	28 345 000	23 256 000
Total Retained Equity	20 440 000	17 170 000	18 368 000	12 650 000
Total Equity	20 936 000	17 666 000	18 865 000	13 146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 325 000	5 206 000	9 480 000	10 109 000
Total Equity and Debt	31 261 000	22 872 000	28 345 000	23 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 267 000	24 513 000	38 788 000	23 872 000
Other Income	0	0	0	0
Revenue	35 267 000	24 513 000	38 788 000	23 872 000
Cost of Goods Sold	11 991 000	10 399 000	17 704 000	11 924 000
Salary Costs	9 609 000	8 161 000	7 114 000	4 695 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 331 000	26 057 000	31 692 000	21 399 000
Operating Profit	3 935 000	−1 544 000	7 096 000	2 472 000
Financial Income	800 000	640 000	1 354 000	287 000
Financial Costs	866 000	841 000	1 323 000	682 000
Financial Balance	−66 000	−201 000	31 000	−395 000
Dividends	0	0	0	1 000 000
Net Income	3 270 000	−1 199 000	5 718 000	1 823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	546 000	0	0
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	240 000	240 000	240 000	240 000
Total Fixed Assets	240 000	786 000	240 000	240 000
Stock	12 164 000	7 113 000	6 883 000	6 179 000
Total Investments	0	0	0	0
Cash, Bank	9 040 000	6 787 000	10 648 000	3 131 000
Total Current Assets	31 022 000	22 086 000	28 105 000	23 016 000
Total Assets	31 261 000	22 872 000	28 345 000	23 256 000
Total Equity	20 936 000	17 666 000	18 865 000	13 146 000
Short-Term Group Debt	0	0	0	1 900 000
Total Long-Term Debt	0	0	0	0
Creditors	2 289 000	2 748 000	7 266 000	5 113 000
Unpaid Taxes	694 000	507 000	685 000	352 000
Dividends	0	0	0	1 000 000
Other Current Debt	7 290 000	1 951 000	839 000	1 744 000
Total Current Debt	10 325 000	5 206 000	9 480 000	10 109 000
Total Equity and Debt	31 261 000	22 872 000	28 345 000	23 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,62 %	−6,79 %	30,31 %	13,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,16 %	−6,3 %	18,29 %	10,36 %
Current Ratio	3	4,24	2,96	2,28
Quick Ratio	−16,87	−11,58	10,82	5,86
Equity Ratio	0,67	0,77	0,67	0,57
Gross Profit Margin	66 %	57,58 %	54,36 %	50,05 %