I. NESSET TRANSPORT AS

6065 ULSTEINVIK

Finances

Return on Equity

7,35 %

Current Ratio

1,07

Debt-to-Equity Ratio

2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 571 000	2 957 000	2 771 000	1 716 000
Net Income	33 000	100 000	272 000	155 000
Total Assets	2 864 000	1 617 000	1 621 000	837 000
Total Equity	449 000	415 000	366 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 571 000	2 957 000	2 771 000	1 716 000
Expenditure	4 462 000	2 797 000	2 421 000	1 507 000
Operating Profit	108 000	161 000	351 000	209 000
Financial Income	0	0	13 000	0
Financial Costs	65 000	33 000	14 000	10 000
Financial Balance	−65 000	−33 000	−1 000	−10 000
Earnings Before Tax	43 000	128 000	350 000	198 000
Tax	9 000	28 000	77 000	44 000
Net Income	33 000	100 000	272 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 571 000	977 000	1 012 000	361 000
Total Current Assets	1 293 000	640 000	609 000	477 000
Total Assets	2 864 000	1 617 000	1 621 000	837 000
Total Retained Equity	349 000	315 000	266 000	42 000
Total Equity	449 000	415 000	366 000	142 000
Total Long-Term Debt	1 201 000	638 000	746 000	0
Total Current Debt	1 214 000	564 000	510 000	696 000
Total Equity and Debt	2 864 000	1 617 000	1 621 000	837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 321 000	2 957 000	2 220 000	1 716 000
Other Income	250 000	0	551 000	0
Revenue	4 571 000	2 957 000	2 771 000	1 716 000
Cost of Goods Sold	1 435 000	645 000	587 000	327 000
Salary Costs	1 385 000	1 060 000	914 000	414 000
Depreciation	358 000	208 000	102 000	143 000
Impairment	0	0	0	0
Expenditure	4 462 000	2 797 000	2 421 000	1 507 000
Operating Profit	108 000	161 000	351 000	209 000
Financial Income	0	0	13 000	0
Financial Costs	65 000	33 000	14 000	10 000
Financial Balance	−65 000	−33 000	−1 000	−10 000
Dividends	0	50 000	0	0
Net Income	33 000	100 000	272 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	523 000	678 000	832 000	0
Fixtures	875 000	126 000	180 000	82 000
Total Tangible Assets	1 398 000	804 000	1 012 000	82 000
Total Fiancial Fixed Assets	173 000	173 000	0	218 000
Total Fixed Assets	1 571 000	977 000	1 012 000	361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	742 000	314 000	418 000	309 000
Total Current Assets	1 293 000	640 000	609 000	477 000
Total Assets	2 864 000	1 617 000	1 621 000	837 000
Total Equity	449 000	415 000	366 000	142 000
Short-Term Group Debt	173 000	173 000	49 000	180 000
Total Long-Term Debt	1 201 000	638 000	746 000	0
Creditors	759 000	101 000	141 000	223 000
Unpaid Taxes	141 000	127 000	165 000	223 000
Dividends	0	50 000	0	0
Other Current Debt	142 000	163 000	156 000	42 000
Total Current Debt	1 214 000	564 000	510 000	696 000
Total Equity and Debt	2 864 000	1 617 000	1 621 000	837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,35 %	24,1 %	74,32 %	109,15 %
Debt-to-Equity Ratio	2,67	1,54	2,04	0
Operating Profit Margin	2,36 %	5,44 %	12,67 %	12,18 %
Current Ratio	1,07	1,13	1,19	0,69
Quick Ratio	1,07	1,13	1,19	0,69
Equity Ratio	0,16	0,26	0,23	0,17
Gross Profit Margin	68,61 %	78,19 %	78,82 %	80,94 %