EGTE AS

4820 FROLAND

Finances

Return on Equity

89,3 %

Current Ratio

7,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	138 000	241 000	93 000
Net Income	3 031 000	616 000	173 000	51 000
Total Assets	3 896 000	1 387 000	1 251 000	1 048 000
Total Equity	3 394 000	863 000	247 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	138 000	241 000	93 000
Expenditure	139 000	50 000	69 000	45 000
Operating Profit	−75 000	88 000	172 000	48 000
Financial Income	3 106 000	550 000	40 000	12 000
Financial Costs	0	0	0	0
Financial Balance	3 106 000	550 000	40 000	12 000
Earnings Before Tax	3 031 000	638 000	212 000	60 000
Tax	0	22 000	39 000	9 000
Net Income	3 031 000	616 000	173 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	1 131 000	981 000	970 000
Total Current Assets	3 729 000	255 000	269 000	77 000
Total Assets	3 896 000	1 387 000	1 251 000	1 048 000
Total Retained Equity	3 364 000	833 000	217 000	44 000
Total Equity	3 394 000	863 000	247 000	74 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	502 000	524 000	1 004 000	974 000
Total Equity and Debt	3 896 000	1 387 000	1 251 000	1 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	138 000	241 000	93 000
Other Income	0	0	0	0
Revenue	64 000	138 000	241 000	93 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	139 000	50 000	69 000	45 000
Operating Profit	−75 000	88 000	172 000	48 000
Financial Income	3 106 000	550 000	40 000	12 000
Financial Costs	0	0	0	0
Financial Balance	3 106 000	550 000	40 000	12 000
Dividends	500 000	0	0	0
Net Income	3 031 000	616 000	173 000	51 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	167 000	1 131 000	981 000	970 000
Total Fixed Assets	167 000	1 131 000	981 000	970 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 721 000	23 000	269 000	76 000
Total Current Assets	3 729 000	255 000	269 000	77 000
Total Assets	3 896 000	1 387 000	1 251 000	1 048 000
Total Equity	3 394 000	863 000	247 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	2 000	32 000	0	0
Dividends	500 000	0	0	0
Other Current Debt	0	470 000	965 000	965 000
Total Current Debt	502 000	524 000	1 004 000	974 000
Total Equity and Debt	3 896 000	1 387 000	1 251 000	1 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,3 %	71,38 %	70,04 %	68,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−117,19 %	63,77 %	71,37 %	51,61 %
Current Ratio	7,43	0,49	0,27	0,08
Quick Ratio	7,43	0,49	0,27	0,08
Equity Ratio	0,87	0,62	0,2	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %