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Ipnett AS - Detailed information

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Ipnett AS

Business ID:	964 176 442
Company:	Ipnett AS
Address:	Pb 210 Lilleaker
	NO-0216 Oslo
Visiting address:	Lilleakerveien 2
County:	Oslo
Telephone:	+47 67201010
Fax:	+47 67201011
E-mail:	info@ipnett.no
Website:	www.ipnett.no

Chairman of the board:	Erik G Braathen
Managing Director/CEO:	Sigmund Eikaas
Finances:	Kim Farnes Hansen
Marketing:	Øystein Kolberg
Purchasing Director:	Kim Farnes Hansen
IT:	Morten Ringdal
Technology:	Halvor Holmen
Personnel:	Camilla Nygren
Sales:	Jan Søgaard
Production:	Jan Ottar Holt

Established:

1999

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 13057

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Rank in the Nordic countries (incl. subsidiaries) by

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Net profit	rank: 24274
Number of employees	rank: 14139
Total assets	rank: 22247

Industry sector:

B5184

Wholesale of computers, computer peripheral equipment and software

Activity code:

51840

Wholesale of computers, computer peripheral equipment and software

Rank in industry in the Nordic countries by :

Net turnover

rank: 153

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Industry sector:	B5184	Wholesale of computers, computer peripheral equipment and software
Rank in industry in the Nordic countries by:
Total assets		rank: 191
Profitability		rank: 338
Solvency		rank: 340
Return on assets (ROA)		rank: 423
Net profit		rank: 192
Number of employees		rank: 114
Return on equity (ROE)		rank: 480

Closing information (x1000 EUR)
Fiscal year	200712		200612 (consolidated)		200512 (consolidated)
Net turnover	18.941		16.656		13.744
- exports
Foreign sales
Financial expenses	41		55		39
Earnings before taxes	577		174		-288
Total assets	6.693		6.293		5.825
Current assets	5.845		5.463		5.065
Current liabilities	4.467		4.271		3.976
Equity capital	2.226		2.022		1.848
- share capital	110		110		110
Employees (average)	63		62		55
- in Norway	48	76.2%	46	74.2%	42	76.4%
- abroad	15	23.8%	16	25.8%	13	23.6%
Shareholders
Investments in fixed assets	105		161		177

Financial ratios
Solvency	33.3%	32.1%	31.7%
Turnover per employee	301	269	250
Earnings as % of turnover	3.0%	1.0%	-2.1%
Return on assets (ROA)	9.2%	3.6%	-4.3%
Current ratio	130.8%	127.9%	127.4%
Return on equity (ROE)	25.9%	8.6%	-15.6%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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