NETSECURITY AS

0283 OSLO

Finances

Return on Equity

19,49 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 375 000	168 671 000	145 280 000	126 590 000
Net Income	9 541 000	11 794 000	8 077 000	12 215 000
Total Assets	109 867 000	77 410 000	69 981 000	54 336 000
Total Equity	48 948 000	35 089 000	26 316 000	18 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 375 000	168 671 000	145 280 000	126 590 000
Expenditure	194 626 000	153 797 000	135 555 000	108 291 000
Operating Profit	11 750 000	14 874 000	9 724 000	18 299 000
Financial Income	663 000	62 000	758 000	254 000
Financial Costs	433 000	77 000	373 000	2 265 000
Financial Balance	230 000	−15 000	385 000	−2 011 000
Earnings Before Tax	11 980 000	14 859 000	10 110 000	16 288 000
Tax	2 439 000	3 066 000	2 032 000	4 073 000
Net Income	9 541 000	11 794 000	8 077 000	12 215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 470 000	14 415 000	22 460 000	10 908 000
Total Current Assets	57 397 000	62 995 000	47 521 000	43 428 000
Total Assets	109 867 000	77 410 000	69 981 000	54 336 000
Total Retained Equity	13 982 000	17 365 000	13 591 000	5 513 000
Total Equity	48 948 000	35 089 000	26 316 000	18 238 000
Total Long-Term Debt	7 916 000	3 824 000	2 890 000	15 000 000
Total Current Debt	53 003 000	38 497 000	40 775 000	21 098 000
Total Equity and Debt	109 867 000	77 410 000	69 981 000	54 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 374 000	168 671 000	145 280 000	126 590 000
Other Income	2 000 000	0	0	0
Revenue	206 375 000	168 671 000	145 280 000	126 590 000
Cost of Goods Sold	98 700 000	75 358 000	69 161 000	55 548 000
Salary Costs	74 667 000	60 286 000	50 157 000	39 971 000
Depreciation	5 215 000	5 072 000	4 382 000	2 525 000
Impairment	0	0	0	0
Expenditure	194 626 000	153 797 000	135 555 000	108 291 000
Operating Profit	11 750 000	14 874 000	9 724 000	18 299 000
Financial Income	663 000	62 000	758 000	254 000
Financial Costs	433 000	77 000	373 000	2 265 000
Financial Balance	230 000	−15 000	385 000	−2 011 000
Dividends	0	0	0	0
Net Income	9 541 000	11 794 000	8 077 000	12 215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	126 000	880 000	1 635 000
Total Intangible Assets	2 375 000	3 234 000	4 369 000	9 421 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 329 000	11 105 000	10 042 000	1 436 000
Total Tangible Assets	12 329 000	11 105 000	10 042 000	1 436 000
Total Fiancial Fixed Assets	37 767 000	75 000	8 050 000	50 000
Total Fixed Assets	52 470 000	14 415 000	22 460 000	10 908 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 103 000	22 822 000	5 053 000	1 754 000
Total Current Assets	57 397 000	62 995 000	47 521 000	43 428 000
Total Assets	109 867 000	77 410 000	69 981 000	54 336 000
Total Equity	48 948 000	35 089 000	26 316 000	18 238 000
Short-Term Group Debt	0	147 000	3 918 000	0
Total Long-Term Debt	7 916 000	3 824 000	2 890 000	15 000 000
Creditors	13 590 000	9 215 000	9 440 000	6 069 000
Unpaid Taxes	9 945 000	8 716 000	7 148 000	5 782 000
Dividends	0	0	0	0
Other Current Debt	27 693 000	17 668 000	18 870 000	5 075 000
Total Current Debt	53 003 000	38 497 000	40 775 000	21 098 000
Total Equity and Debt	109 867 000	77 410 000	69 981 000	54 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,49 %	33,61 %	30,69 %	66,98 %
Debt-to-Equity Ratio	0,16	0,11	0,11	0,82
Operating Profit Margin	5,69 %	8,82 %	6,69 %	14,46 %
Current Ratio	1,08	1,64	1,17	2,06
Quick Ratio	1,08	1,64	1,17	2,06
Equity Ratio	0,45	0,45	0,38	0,34
Gross Profit Margin	52,17 %	55,32 %	52,39 %	56,12 %