ETAC AS

1599 MOSS

Finances

Share Ownership

Return on Equity

16,82 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	282 348 000	257 753 000	376 701 000	349 751 000
Net Income	15 492 000	13 630 000	30 191 000	32 483 000
Total Assets	154 885 000	137 691 000	182 375 000	184 729 000
Total Equity	92 097 000	92 097 000	128 468 000	98 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	282 348 000	257 753 000	376 701 000	349 751 000
Expenditure	262 410 000	236 669 000	341 362 000	308 830 000
Operating Profit	19 938 000	17 397 000	34 419 000	41 132 000
Financial Income	10 000	150 000	3 441 000	35 000
Financial Costs	78 000	70 000	120 000	94 000
Financial Balance	−68 000	80 000	3 321 000	−59 000
Earnings Before Tax	19 870 000	17 477 000	37 740 000	41 072 000
Tax	4 378 000	3 848 000	7 549 000	8 590 000
Net Income	15 492 000	13 630 000	30 191 000	32 483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	188 000	646 000	1 382 000	10 931 000
Total Current Assets	154 697 000	137 045 000	180 993 000	173 797 000
Total Assets	154 885 000	137 691 000	182 375 000	184 729 000
Total Retained Equity	46 793 000	46 793 000	59 924 000	29 733 000
Total Equity	92 097 000	92 097 000	128 468 000	98 277 000
Total Long-Term Debt	701 000	2 757 000	3 270 000	1 734 000
Total Current Debt	62 087 000	42 837 000	50 638 000	84 717 000
Total Equity and Debt	154 885 000	137 691 000	182 376 000	184 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	276 982 000	254 032 000	346 617 000	344 487 000
Other Income	5 365 000	3 721 000	30 084 000	5 264 000
Revenue	282 348 000	257 753 000	376 701 000	349 751 000
Cost of Goods Sold	199 637 000	173 800 000	244 803 000	200 868 000
Salary Costs	33 378 000	32 725 000	52 241 000	55 641 000
Depreciation	551 000	494 000	1 142 000	1 486 000
Impairment	0	0	0	0
Expenditure	262 410 000	236 669 000	341 362 000	308 830 000
Operating Profit	19 938 000	17 397 000	34 419 000	41 132 000
Financial Income	10 000	150 000	3 441 000	35 000
Financial Costs	78 000	70 000	120 000	94 000
Financial Balance	−68 000	80 000	3 321 000	−59 000
Dividends	0	0	0	0
Net Income	15 492 000	13 630 000	30 191 000	32 483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 646 000
Real Eastate	0	0	0	4 000
Machinery and Plant Facilities	0	0	0	24 000
Fixtures	73 000	590 000	1 285 000	3 402 000
Total Tangible Assets	73 000	590 000	1 285 000	3 430 000
Total Fiancial Fixed Assets	114 000	56 000	97 000	4 855 000
Total Fixed Assets	188 000	646 000	1 382 000	10 931 000
Stock	16 262 000	12 384 000	12 357 000	47 510 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	154 697 000	137 045 000	180 993 000	173 797 000
Total Assets	154 885 000	137 691 000	182 375 000	184 729 000
Total Equity	92 097 000	92 097 000	128 468 000	98 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	701 000	2 757 000	3 270 000	1 734 000
Creditors	20 029 000	20 708 000	23 430 000	26 186 000
Unpaid Taxes	15 035 000	11 841 000	11 800 000	9 520 000
Dividends	0	0	0	0
Other Current Debt	7 097 000	5 632 000	12 070 000	10 261 000
Total Current Debt	62 087 000	42 837 000	50 638 000	84 717 000
Total Equity and Debt	154 885 000	137 691 000	182 376 000	184 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,82 %	14,8 %	23,5 %	33,05 %
Debt-to-Equity Ratio	0,01	0,03	0,03	0,02
Operating Profit Margin	7,06 %	6,75 %	9,14 %	11,76 %
Current Ratio	2,49	3,2	3,57	2,05
Quick Ratio	3,38	4,5	4,73	4,67
Equity Ratio	0,59	0,67	0,7	0,53
Gross Profit Margin	29,29 %	32,57 %	35,01 %	42,57 %