NETSOLUTION GRUPPEN AS

3036 DRAMMEN

Finances

Return on Equity

50,83 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 002 000	3 358 000	3 538 000	3 384 000
Net Income	2 966 000	1 576 000	1 800 000	1 653 000
Total Assets	7 164 000	6 575 000	6 694 000	8 168 000
Total Equity	5 835 000	5 474 000	5 799 000	6 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 002 000	3 358 000	3 538 000	3 384 000
Expenditure	1 272 000	1 315 000	1 251 000	1 232 000
Operating Profit	2 730 000	2 043 000	2 288 000	2 152 000
Financial Income	846 000	0	0	4 000
Financial Costs	14 000	9 000	2 000	14 000
Financial Balance	832 000	−9 000	−2 000	−10 000
Earnings Before Tax	3 563 000	2 035 000	2 286 000	2 142 000
Tax	596 000	459 000	486 000	489 000
Net Income	2 966 000	1 576 000	1 800 000	1 653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 248 000	5 497 000	5 188 000	5 237 000
Total Current Assets	1 916 000	1 078 000	1 506 000	2 931 000
Total Assets	7 164 000	6 575 000	6 694 000	8 168 000
Total Retained Equity	3 615 000	3 255 000	3 580 000	4 533 000
Total Equity	5 835 000	5 474 000	5 799 000	6 752 000
Total Long-Term Debt	209 000	267 000	0	102 000
Total Current Debt	1 120 000	833 000	895 000	1 314 000
Total Equity and Debt	7 164 000	6 575 000	6 694 000	8 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 002 000	3 332 000	3 538 000	3 384 000
Other Income	0	26 000	0	0
Revenue	4 002 000	3 358 000	3 538 000	3 384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	911 000	995 000	977 000	948 000
Depreciation	95 000	89 000	72 000	72 000
Impairment	0	0	0	0
Expenditure	1 272 000	1 315 000	1 251 000	1 232 000
Operating Profit	2 730 000	2 043 000	2 288 000	2 152 000
Financial Income	846 000	0	0	4 000
Financial Costs	14 000	9 000	2 000	14 000
Financial Balance	832 000	−9 000	−2 000	−10 000
Dividends	2 606 000	1 901 000	2 753 000	0
Net Income	2 966 000	1 576 000	1 800 000	1 653 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	23 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	308 000	403 000	72 000	144 000
Total Tangible Assets	308 000	403 000	72 000	144 000
Total Fiancial Fixed Assets	4 940 000	5 094 000	5 094 000	5 094 000
Total Fixed Assets	5 248 000	5 497 000	5 188 000	5 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	331 000	857 000	2 153 000
Total Current Assets	1 916 000	1 078 000	1 506 000	2 931 000
Total Assets	7 164 000	6 575 000	6 694 000	8 168 000
Total Equity	5 835 000	5 474 000	5 799 000	6 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	209 000	267 000	0	102 000
Creditors	8 000	8 000	4 000	569 000
Unpaid Taxes	322 000	298 000	293 000	184 000
Dividends	2 606 000	1 901 000	2 753 000	0
Other Current Debt	193 000	92 000	91 000	88 000
Total Current Debt	1 120 000	833 000	895 000	1 314 000
Total Equity and Debt	7 164 000	6 575 000	6 694 000	8 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,83 %	28,79 %	31,04 %	24,48 %
Debt-to-Equity Ratio	0,04	0,05	0	0,02
Operating Profit Margin	68,22 %	60,84 %	64,67 %	63,59 %
Current Ratio	1,71	1,29	1,68	2,23
Quick Ratio	1,71	1,29	1,68	2,23
Equity Ratio	0,81	0,83	0,87	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %