NETAD AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

7,86 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 615 000	4 781 000	2 879 000
Net Income	87 000	−911 000	73 000	−856 000
Total Assets	1 932 000	1 205 000	2 412 000	2 243 000
Total Equity	1 107 000	1 107 000	1 071 000	998 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 615 000	4 781 000	2 879 000
Expenditure	2 000 000	2 526 000	4 698 000	3 979 000
Operating Profit	106 000	−910 000	83 000	−1 099 000
Financial Income	23 000	14 000	24 000	2 000
Financial Costs	17 000	5 000	13 000	0
Financial Balance	6 000	9 000	11 000	2 000
Earnings Before Tax	112 000	−901 000	94 000	−1 098 000
Tax	25 000	10 000	21 000	−241 000
Net Income	87 000	−911 000	73 000	−856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	10 000	31 000
Total Current Assets	1 932 000	1 205 000	2 402 000	2 212 000
Total Assets	1 932 000	1 205 000	2 412 000	2 243 000
Total Retained Equity	0	0	73 000	0
Total Equity	1 107 000	1 107 000	1 071 000	998 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	825 000	97 000	1 340 000	1 245 000
Total Equity and Debt	1 932 000	1 205 000	2 412 000	2 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 106 000	1 615 000	4 781 000	2 879 000
Other Income	0	0	0	0
Revenue	2 106 000	1 615 000	4 781 000	2 879 000
Cost of Goods Sold	1 440 000	1 567 000	3 828 000	3 163 000
Salary Costs	535 000	922 000	834 000	761 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000 000	2 526 000	4 698 000	3 979 000
Operating Profit	106 000	−910 000	83 000	−1 099 000
Financial Income	23 000	14 000	24 000	2 000
Financial Costs	17 000	5 000	13 000	0
Financial Balance	6 000	9 000	11 000	2 000
Dividends	87 000	0	0	0
Net Income	87 000	−911 000	73 000	−856 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	10 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 703 000	810 000	1 300 000	943 000
Total Current Assets	1 932 000	1 205 000	2 402 000	2 212 000
Total Assets	1 932 000	1 205 000	2 412 000	2 243 000
Total Equity	1 107 000	1 107 000	1 071 000	998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	150 000	82 000	323 000	321 000
Unpaid Taxes	7 000	3 000	4 000	67 000
Dividends	87 000	0	0	0
Other Current Debt	557 000	12 000	1 013 000	857 000
Total Current Debt	825 000	97 000	1 340 000	1 245 000
Total Equity and Debt	1 932 000	1 205 000	2 412 000	2 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,86 %	−82,29 %	6,82 %	−85,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,03 %	−56,35 %	1,74 %	−38,17 %
Current Ratio	2,34	12,42	1,79	1,78
Quick Ratio	2,34	12,42	1,79	1,78
Equity Ratio	0,57	0,92	0,44	0,44
Gross Profit Margin	31,62 %	2,97 %	19,93 %	−9,86 %