ETTERFORSKER1 GRUPPEN AS

3216 SANDEFJORD

Finances

Share Ownership

Return on Equity

11,04 %

Current Ratio

3,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 943 000	3 262 000	2 121 000	1 988 000
Net Income	146 000	617 000	197 000	443 000
Total Assets	1 842 000	2 110 000	1 393 000	1 455 000
Total Equity	1 323 000	1 177 000	560 000	613 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 943 000	3 262 000	2 121 000	1 988 000
Expenditure	2 739 000	2 471 000	1 871 000	1 418 000
Operating Profit	203 000	792 000	249 000	570 000
Financial Income	4 000	2 000	6 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	5 000	2 000
Earnings Before Tax	207 000	794 000	254 000	571 000
Tax	61 000	177 000	57 000	128 000
Net Income	146 000	617 000	197 000	443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	126 000	106 000	115 000
Total Current Assets	1 747 000	1 985 000	1 287 000	1 340 000
Total Assets	1 842 000	2 110 000	1 393 000	1 455 000
Total Retained Equity	1 223 000	1 077 000	460 000	513 000
Total Equity	1 323 000	1 177 000	560 000	613 000
Total Long-Term Debt	3 000	5 000	4 000	5 000
Total Current Debt	516 000	928 000	828 000	837 000
Total Equity and Debt	1 842 000	2 110 000	1 393 000	1 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 943 000	3 262 000	2 121 000	1 988 000
Other Income	0	0	0	0
Revenue	2 943 000	3 262 000	2 121 000	1 988 000
Cost of Goods Sold	341 000	292 000	394 000	216 000
Salary Costs	287 000	424 000	285 000	279 000
Depreciation	30 000	29 000	27 000	13 000
Impairment	0	0	0	0
Expenditure	2 739 000	2 471 000	1 871 000	1 418 000
Operating Profit	203 000	792 000	249 000	570 000
Financial Income	4 000	2 000	6 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	5 000	2 000
Dividends	0	0	250 000	150 000
Net Income	146 000	617 000	197 000	443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	8 000
Total Intangible Assets	0	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	94 000	74 000	75 000
Total Tangible Assets	64 000	94 000	74 000	75 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	95 000	126 000	106 000	115 000
Stock	0	0	0	0
Total Investments	400 000	200 000	0	0
Cash, Bank	1 277 000	1 714 000	1 220 000	1 038 000
Total Current Assets	1 747 000	1 985 000	1 287 000	1 340 000
Total Assets	1 842 000	2 110 000	1 393 000	1 455 000
Total Equity	1 323 000	1 177 000	560 000	613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	5 000	4 000	5 000
Creditors	89 000	22 000	113 000	31 000
Unpaid Taxes	94 000	169 000	87 000	131 000
Dividends	0	0	250 000	150 000
Other Current Debt	270 000	561 000	320 000	402 000
Total Current Debt	516 000	928 000	828 000	837 000
Total Equity and Debt	1 842 000	2 110 000	1 393 000	1 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,04 %	52,42 %	35,18 %	72,27 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	6,9 %	24,28 %	11,74 %	28,67 %
Current Ratio	3,39	2,14	1,55	1,6
Quick Ratio	3,39	2,14	1,55	1,6
Equity Ratio	0,72	0,56	0,4	0,42
Gross Profit Margin	88,41 %	91,05 %	81,42 %	89,13 %