NETNORDIC NORWAY AS

1366 LYSAKER

Finances

Return on Equity

41,48 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	792 136 000	699 273 000	656 576 000	546 132 000
Net Income	39 316 000	35 645 000	51 616 000	21 800 000
Total Assets	440 828 000	376 359 000	269 847 000	290 778 000
Total Equity	94 793 000	103 132 000	90 195 000	49 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	792 136 000	699 273 000	656 576 000	546 132 000
Expenditure	742 082 000	651 423 000	606 505 000	514 623 000
Operating Profit	50 054 000	47 850 000	50 071 000	31 509 000
Financial Income	20 614 000	9 119 000	15 211 000	2 910 000
Financial Costs	20 131 000	11 176 000	13 343 000	6 500 000
Financial Balance	483 000	−2 057 000	1 868 000	−3 590 000
Earnings Before Tax	50 537 000	45 793 000	51 940 000	27 919 000
Tax	11 220 000	10 148 000	324 000	6 119 000
Net Income	39 316 000	35 645 000	51 616 000	21 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 577 000	17 020 000	18 974 000	16 797 000
Total Current Assets	419 251 000	359 339 000	250 873 000	273 982 000
Total Assets	440 828 000	376 359 000	269 847 000	290 778 000
Total Retained Equity	36 023 000	44 362 000	31 425 000	18 667 000
Total Equity	94 793 000	103 132 000	90 195 000	49 302 000
Total Long-Term Debt	22 505 000	0	4 267 000	20 300 000
Total Current Debt	323 530 000	273 227 000	175 385 000	230 482 000
Total Equity and Debt	440 828 000	376 359 000	269 847 000	290 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	792 136 000	699 273 000	656 576 000	546 132 000
Other Income	0	0	0	0
Revenue	792 136 000	699 273 000	656 576 000	546 132 000
Cost of Goods Sold	407 590 000	362 775 000	331 770 000	298 087 000
Salary Costs	263 758 000	230 013 000	216 952 000	167 037 000
Depreciation	7 775 000	4 522 000	4 989 000	4 620 000
Impairment	0	0	0	0
Expenditure	742 082 000	651 423 000	606 505 000	514 623 000
Operating Profit	50 054 000	47 850 000	50 071 000	31 509 000
Financial Income	20 614 000	9 119 000	15 211 000	2 910 000
Financial Costs	20 131 000	11 176 000	13 343 000	6 500 000
Financial Balance	483 000	−2 057 000	1 868 000	−3 590 000
Dividends	0	0	0	0
Net Income	39 316 000	35 645 000	51 616 000	21 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	9 000
Total Intangible Assets	17 302 000	13 480 000	13 644 000	10 179 000
Real Eastate	0	0	0	311 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 992 000	3 257 000	2 748 000	3 943 000
Total Tangible Assets	3 992 000	3 257 000	2 748 000	4 254 000
Total Fiancial Fixed Assets	283 000	283 000	2 582 000	2 364 000
Total Fixed Assets	21 577 000	17 020 000	18 974 000	16 797 000
Stock	28 146 000	12 039 000	12 221 000	37 148 000
Total Investments	0	0	0	0
Cash, Bank	200 209 000	133 444 000	106 784 000	73 215 000
Total Current Assets	419 251 000	359 339 000	250 873 000	273 982 000
Total Assets	440 828 000	376 359 000	269 847 000	290 778 000
Total Equity	94 793 000	103 132 000	90 195 000	49 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 505 000	0	4 267 000	20 300 000
Creditors	110 327 000	120 211 000	74 377 000	114 919 000
Unpaid Taxes	42 725 000	40 158 000	34 339 000	31 038 000
Dividends	0	0	0	0
Other Current Debt	170 478 000	112 857 000	66 669 000	84 525 000
Total Current Debt	323 530 000	273 227 000	175 385 000	230 482 000
Total Equity and Debt	440 828 000	376 359 000	269 847 000	290 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,48 %	34,56 %	57,23 %	44,22 %
Debt-to-Equity Ratio	0,24	0	0,05	0,41
Operating Profit Margin	6,32 %	6,84 %	7,63 %	5,77 %
Current Ratio	1,3	1,32	1,43	1,19
Quick Ratio	1,42	1,38	1,54	1,42
Equity Ratio	0,22	0,27	0,33	0,17
Gross Profit Margin	48,55 %	48,12 %	49,47 %	45,42 %