ETEKNIKK AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

56,37 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	223 000	406 000	191 000	100 000
Net Income	115 000	257 000	141 000	69 000
Total Assets	291 000	469 000	329 000	255 000
Total Equity	204 000	144 000	137 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	223 000	406 000	191 000	100 000
Expenditure	73 000	74 000	11 000	12 000
Operating Profit	149 000	331 000	180 000	88 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	147 000	331 000	181 000	89 000
Tax	32 000	74 000	40 000	19 000
Net Income	115 000	257 000	141 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	0	0	17 000
Total Current Assets	227 000	469 000	329 000	238 000
Total Assets	291 000	469 000	329 000	255 000
Total Retained Equity	174 000	114 000	107 000	136 000
Total Equity	204 000	144 000	137 000	166 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	87 000	325 000	193 000	89 000
Total Equity and Debt	291 000	469 000	329 000	255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	223 000	406 000	191 000	100 000
Other Income	0	0	0	0
Revenue	223 000	406 000	191 000	100 000
Cost of Goods Sold	42 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	74 000	11 000	12 000
Operating Profit	149 000	331 000	180 000	88 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	55 000	250 000	170 000	140 000
Net Income	115 000	257 000	141 000	69 000

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	34 000	0	0	0
Total Tangible Assets	34 000	0	0	0
Total Fiancial Fixed Assets	31 000	0	0	17 000
Total Fixed Assets	65 000	0	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	227 000	409 000	196 000	207 000
Total Current Assets	227 000	469 000	329 000	238 000
Total Assets	291 000	469 000	329 000	255 000
Total Equity	204 000	144 000	137 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	55 000	250 000	170 000	140 000
Other Current Debt	0	1 000	3 000	0
Total Current Debt	87 000	325 000	193 000	89 000
Total Equity and Debt	291 000	469 000	329 000	255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,37 %	178,47 %	102,92 %	41,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,82 %	81,53 %	94,24 %	88 %
Current Ratio	2,61	1,44	1,7	2,67
Quick Ratio	2,61	1,44	1,7	2,67
Equity Ratio	0,7	0,31	0,42	0,65
Gross Profit Margin	81,17 %	100 %	100 %	100 %