ETLAND STAVE MAT AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

20,87 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 554 000	71 946 000	57 139 000	41 215 000
Net Income	246 000	131 000	415 000	−203 000
Total Assets	6 361 000	6 214 000	6 014 000	4 238 000
Total Equity	1 179 000	933 000	1 093 000	678 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 554 000	71 946 000	57 139 000	41 215 000
Expenditure	66 255 000	71 777 000	56 665 000	41 425 000
Operating Profit	299 000	168 000	475 000	−211 000
Financial Income	17 000	1 000	3 000	8 000
Financial Costs	0	0	1 000	1 000
Financial Balance	17 000	1 000	2 000	7 000
Earnings Before Tax	316 000	169 000	477 000	−203 000
Tax	71 000	39 000	62 000	0
Net Income	246 000	131 000	415 000	−203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	122 000	29 000	34 000
Total Current Assets	6 258 000	6 092 000	5 985 000	4 205 000
Total Assets	6 361 000	6 214 000	6 014 000	4 238 000
Total Retained Equity	679 000	433 000	593 000	178 000
Total Equity	1 179 000	933 000	1 093 000	678 000
Total Long-Term Debt	2 000	1 000	1 000	0
Total Current Debt	5 180 000	5 280 000	4 919 000	3 560 000
Total Equity and Debt	6 361 000	6 214 000	6 014 000	4 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 370 000	71 168 000	56 604 000	40 612 000
Other Income	1 184 000	778 000	536 000	603 000
Revenue	66 554 000	71 946 000	57 139 000	41 215 000
Cost of Goods Sold	55 680 000	60 323 000	47 862 000	34 492 000
Salary Costs	3 947 000	4 258 000	3 068 000	2 672 000
Depreciation	19 000	13 000	5 000	2 000
Impairment	0	0	0	0
Expenditure	66 255 000	71 777 000	56 665 000	41 425 000
Operating Profit	299 000	168 000	475 000	−211 000
Financial Income	17 000	1 000	3 000	8 000
Financial Costs	0	0	1 000	1 000
Financial Balance	17 000	1 000	2 000	7 000
Dividends	0	100 000	0	0
Net Income	246 000	131 000	415 000	−203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	122 000	29 000	34 000
Total Tangible Assets	103 000	122 000	29 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	103 000	122 000	29 000	34 000
Stock	4 155 000	3 658 000	3 587 000	3 413 000
Total Investments	0	0	0	0
Cash, Bank	1 592 000	1 863 000	2 014 000	620 000
Total Current Assets	6 258 000	6 092 000	5 985 000	4 205 000
Total Assets	6 361 000	6 214 000	6 014 000	4 238 000
Total Equity	1 179 000	933 000	1 093 000	678 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	1 000	1 000	0
Creditors	3 803 000	3 854 000	3 829 000	2 742 000
Unpaid Taxes	310 000	305 000	290 000	240 000
Dividends	0	100 000	0	0
Other Current Debt	997 000	982 000	740 000	578 000
Total Current Debt	5 180 000	5 280 000	4 919 000	3 560 000
Total Equity and Debt	6 361 000	6 214 000	6 014 000	4 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,87 %	14,04 %	37,97 %	−29,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,45 %	0,23 %	0,83 %	−0,51 %
Current Ratio	1,21	1,15	1,22	1,18
Quick Ratio	6,11	3,76	4,49	28,61
Equity Ratio	0,19	0,15	0,18	0,16
Gross Profit Margin	16,34 %	16,16 %	16,24 %	16,31 %