NETNORDIC GROUP AS

1366 LYSAKER

Finances

Return on Equity

48,73 %

Current Ratio

0,2

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 045 000	39 783 000	25 710 000	21 377 000
Net Income	81 412 000	7 772 000	−14 564 000	26 807 000
Total Assets	859 070 000	757 730 000	622 985 000	519 863 000
Total Equity	167 066 000	85 655 000	77 882 000	90 713 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 045 000	39 783 000	25 710 000	21 377 000
Expenditure	75 219 000	58 141 000	50 404 000	44 292 000
Operating Profit	−28 175 000	−18 358 000	−24 695 000	−22 915 000
Financial Income	163 120 000	54 640 000	31 115 000	67 058 000
Financial Costs	49 943 000	26 310 000	30 315 000	15 134 000
Financial Balance	113 177 000	28 330 000	800 000	51 924 000
Earnings Before Tax	85 002 000	9 971 000	−23 895 000	29 010 000
Tax	3 590 000	2 199 000	−9 330 000	2 203 000
Net Income	81 412 000	7 772 000	−14 564 000	26 807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	778 695 000	720 110 000	613 428 000	463 661 000
Total Current Assets	80 375 000	37 620 000	9 557 000	56 202 000
Total Assets	859 070 000	757 730 000	622 985 000	519 863 000
Total Retained Equity	161 000 000	79 589 000	71 816 000	84 647 000
Total Equity	167 066 000	85 655 000	77 882 000	90 713 000
Total Long-Term Debt	288 384 000	309 370 000	298 508 000	240 081 000
Total Current Debt	403 620 000	362 705 000	246 595 000	189 069 000
Total Equity and Debt	859 070 000	757 730 000	622 985 000	519 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	47 045 000	39 783 000	25 710 000	21 377 000
Revenue	47 045 000	39 783 000	25 710 000	21 377 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 361 000	17 306 000	17 702 000	18 824 000
Depreciation	13 160 000	11 548 000	5 778 000	1 452 000
Impairment	0	0	0	0
Expenditure	75 219 000	58 141 000	50 404 000	44 292 000
Operating Profit	−28 175 000	−18 358 000	−24 695 000	−22 915 000
Financial Income	163 120 000	54 640 000	31 115 000	67 058 000
Financial Costs	49 943 000	26 310 000	30 315 000	15 134 000
Financial Balance	113 177 000	28 330 000	800 000	51 924 000
Dividends	0	0	0	0
Net Income	81 412 000	7 772 000	−14 564 000	26 807 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 293 000	30 801 000	18 289 000	1 048 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 640 000	6 751 000	11 815 000	10 921 000
Total Tangible Assets	3 640 000	6 751 000	11 815 000	10 921 000
Total Fiancial Fixed Assets	745 762 000	682 557 000	583 324 000	451 692 000
Total Fixed Assets	778 695 000	720 110 000	613 428 000	463 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	605 000	682 000	590 000	2 405 000
Total Current Assets	80 375 000	37 620 000	9 557 000	56 202 000
Total Assets	859 070 000	757 730 000	622 985 000	519 863 000
Total Equity	167 066 000	85 655 000	77 882 000	90 713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	288 384 000	309 370 000	298 508 000	240 081 000
Creditors	10 952 000	8 740 000	7 806 000	8 726 000
Unpaid Taxes	1 088 000	1 178 000	1 080 000	968 000
Dividends	0	0	0	0
Other Current Debt	2 635 000	16 683 000	52 821 000	2 706 000
Total Current Debt	403 620 000	362 705 000	246 595 000	189 069 000
Total Equity and Debt	859 070 000	757 730 000	622 985 000	519 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,73 %	9,07 %	−18,7 %	29,55 %
Debt-to-Equity Ratio	1,73	3,61	3,83	2,65
Operating Profit Margin	−59,89 %	−46,15 %	−96,05 %	−107,19 %
Current Ratio	0,2	0,1	0,04	0,3
Quick Ratio	0,2	0,1	0,04	0,3
Equity Ratio	0,19	0,11	0,13	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %