ETN INVEST AS

3944 PORSGRUNN

Finances

Return on Equity

259,75 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 855 000	5 168 000	4 278 000	2 920 000
Net Income	13 073 000	5 147 000	4 264 000	2 900 000
Total Assets	7 129 000	6 500 000	11 847 000	8 420 000
Total Equity	5 033 000	6 460 000	11 813 000	8 399 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 855 000	5 168 000	4 278 000	2 920 000
Expenditure	72 000	9 000	8 000	23 000
Operating Profit	12 783 000	5 159 000	4 270 000	2 897 000
Financial Income	352 000	26 000	26 000	21 000
Financial Costs	0	0	0	0
Financial Balance	352 000	26 000	26 000	21 000
Earnings Before Tax	13 135 000	5 185 000	4 296 000	2 918 000
Tax	62 000	38 000	31 000	18 000
Net Income	13 073 000	5 147 000	4 264 000	2 900 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 041 000	5 090 000	5 090 000	5 072 000
Total Current Assets	2 088 000	1 410 000	6 757 000	3 348 000
Total Assets	7 129 000	6 500 000	11 847 000	8 420 000
Total Retained Equity	5 003 000	6 430 000	11 783 000	8 369 000
Total Equity	5 033 000	6 460 000	11 813 000	8 399 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 096 000	40 000	34 000	21 000
Total Equity and Debt	7 129 000	6 500 000	11 847 000	8 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 855 000	5 168 000	4 278 000	2 920 000
Revenue	12 855 000	5 168 000	4 278 000	2 920 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	9 000	8 000	23 000
Operating Profit	12 783 000	5 159 000	4 270 000	2 897 000
Financial Income	352 000	26 000	26 000	21 000
Financial Costs	0	0	0	0
Financial Balance	352 000	26 000	26 000	21 000
Dividends	12 000 000	0	0	0
Net Income	13 073 000	5 147 000	4 264 000	2 900 000

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	5 041 000	5 090 000	5 090 000	5 072 000
Total Fixed Assets	5 041 000	5 090 000	5 090 000	5 072 000
Stock	0	0	0	0
Total Investments	1 673 000	291 000	260 000	157 000
Cash, Bank	414 000	1 118 000	6 495 000	3 189 000
Total Current Assets	2 088 000	1 410 000	6 757 000	3 348 000
Total Assets	7 129 000	6 500 000	11 847 000	8 420 000
Total Equity	5 033 000	6 460 000	11 813 000	8 399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	12 000 000	0	0	0
Other Current Debt	2 034 000	3 000	3 000	3 000
Total Current Debt	2 096 000	40 000	34 000	21 000
Total Equity and Debt	7 129 000	6 500 000	11 847 000	8 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	259,75 %	79,67 %	36,1 %	34,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,44 %	99,83 %	99,81 %	99,21 %
Current Ratio	1	35,25	198,74	159,43
Quick Ratio	1	35,25	198,74	159,43
Equity Ratio	0,71	0,99	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %