ENGROSNETT AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

−235,33 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 770 000	31 640 000	29 335 000	35 900 000
Net Income	−1 059 000	−482 000	−802 000	210 000
Total Assets	4 808 000	5 433 000	2 927 000	3 235 000
Total Equity	450 000	561 000	477 000	1 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 770 000	31 640 000	29 335 000	35 900 000
Expenditure	25 964 000	32 103 000	30 272 000	35 652 000
Operating Profit	−1 194 000	−463 000	−937 000	248 000
Financial Income	28 000	12 000	8 000	10 000
Financial Costs	188 000	168 000	95 000	24 000
Financial Balance	−160 000	−156 000	−87 000	−14 000
Earnings Before Tax	−1 355 000	−618 000	−1 024 000	234 000
Tax	−295 000	−136 000	−223 000	23 000
Net Income	−1 059 000	−482 000	−802 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	139 000	178 000	246 000
Total Current Assets	4 772 000	5 295 000	2 749 000	2 989 000
Total Assets	4 808 000	5 433 000	2 927 000	3 235 000
Total Retained Equity	0	0	377 000	1 179 000
Total Equity	450 000	561 000	477 000	1 279 000
Total Long-Term Debt	0	28 000	4 000	5 000
Total Current Debt	4 358 000	4 844 000	2 446 000	1 951 000
Total Equity and Debt	4 808 000	5 433 000	2 927 000	3 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 693 000	31 484 000	29 335 000	35 900 000
Other Income	76 000	156 000	0	0
Revenue	24 770 000	31 640 000	29 335 000	35 900 000
Cost of Goods Sold	21 669 000	27 961 000	25 951 000	31 246 000
Salary Costs	1 769 000	1 946 000	2 333 000	2 532 000
Depreciation	89 000	94 000	80 000	53 000
Impairment	0	0	0	0
Expenditure	25 964 000	32 103 000	30 272 000	35 652 000
Operating Profit	−1 194 000	−463 000	−937 000	248 000
Financial Income	28 000	12 000	8 000	10 000
Financial Costs	188 000	168 000	95 000	24 000
Financial Balance	−160 000	−156 000	−87 000	−14 000
Dividends	0	0	0	0
Net Income	−1 059 000	−482 000	−802 000	210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	97 000	87 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	39 000	83 000	61 000
Total Tangible Assets	0	39 000	83 000	61 000
Total Fiancial Fixed Assets	0	2 000	9 000	47 000
Total Fixed Assets	36 000	139 000	178 000	246 000
Stock	159 000	158 000	32 000	37 000
Total Investments	0	0	0	0
Cash, Bank	513 000	471 000	287 000	355 000
Total Current Assets	4 772 000	5 295 000	2 749 000	2 989 000
Total Assets	4 808 000	5 433 000	2 927 000	3 235 000
Total Equity	450 000	561 000	477 000	1 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	4 000	5 000
Creditors	4 003 000	3 444 000	2 082 000	1 533 000
Unpaid Taxes	107 000	116 000	175 000	158 000
Dividends	0	0	0	0
Other Current Debt	248 000	1 284 000	189 000	242 000
Total Current Debt	4 358 000	4 844 000	2 446 000	1 951 000
Total Equity and Debt	4 808 000	5 433 000	2 927 000	3 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−235,33 %	−85,92 %	−168,13 %	16,42 %
Debt-to-Equity Ratio	0	0,05	0,01	0
Operating Profit Margin	−4,82 %	−1,46 %	−3,19 %	0,69 %
Current Ratio	1,09	1,09	1,12	1,53
Quick Ratio	1,14	1,13	1,14	1,56
Equity Ratio	0,09	0,1	0,16	0,4
Gross Profit Margin	12,52 %	11,63 %	11,54 %	12,96 %