OBJEKT ETC AS

0283 OSLO

Finances

Share Ownership

Return on Equity

11,93 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 446 000	5 884 000	6 062 000	5 841 000
Net Income	210 000	450 000	343 000	673 000
Total Assets	2 499 000	3 222 000	2 485 000	2 445 000
Total Equity	1 760 000	1 550 000	1 850 000	1 507 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 446 000	5 884 000	6 062 000	5 841 000
Expenditure	5 176 000	5 304 000	5 621 000	4 979 000
Operating Profit	271 000	580 000	441 000	863 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	1 000	0
Financial Balance	−2 000	−2 000	−1 000	0
Earnings Before Tax	269 000	578 000	440 000	863 000
Tax	59 000	127 000	97 000	190 000
Net Income	210 000	450 000	343 000	673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	320 000	49 000	39 000	18 000
Total Current Assets	2 180 000	3 174 000	2 446 000	2 428 000
Total Assets	2 499 000	3 222 000	2 485 000	2 445 000
Total Retained Equity	1 660 000	1 450 000	1 750 000	1 407 000
Total Equity	1 760 000	1 550 000	1 850 000	1 507 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	739 000	1 672 000	635 000	938 000
Total Equity and Debt	2 499 000	3 222 000	2 485 000	2 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 446 000	5 884 000	6 062 000	5 841 000
Other Income	0	0	0	0
Revenue	5 446 000	5 884 000	6 062 000	5 841 000
Cost of Goods Sold	3 212 000	3 527 000	3 974 000	3 446 000
Salary Costs	1 290 000	1 183 000	967 000	1 105 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 176 000	5 304 000	5 621 000	4 979 000
Operating Profit	271 000	580 000	441 000	863 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	1 000	0
Financial Balance	−2 000	−2 000	−1 000	0
Dividends	0	750 000	0	0
Net Income	210 000	450 000	343 000	673 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	49 000	39 000	18 000
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	280 000	0	0	0
Total Fixed Assets	320 000	49 000	39 000	18 000
Stock	980 000	1 000 000	920 000	1 076 000
Total Investments	0	0	0	0
Cash, Bank	1 200 000	2 174 000	1 514 000	1 268 000
Total Current Assets	2 180 000	3 174 000	2 446 000	2 428 000
Total Assets	2 499 000	3 222 000	2 485 000	2 445 000
Total Equity	1 760 000	1 550 000	1 850 000	1 507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	53 000	0	197 000
Unpaid Taxes	325 000	343 000	311 000	374 000
Dividends	0	750 000	0	0
Other Current Debt	333 000	389 000	206 000	173 000
Total Current Debt	739 000	1 672 000	635 000	938 000
Total Equity and Debt	2 499 000	3 222 000	2 485 000	2 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,93 %	29,03 %	18,54 %	44,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,98 %	9,86 %	7,27 %	14,77 %
Current Ratio	2,95	1,9	3,85	2,59
Quick Ratio	−9,05	4,72	−8,58	−17,59
Equity Ratio	0,7	0,48	0,74	0,62
Gross Profit Margin	41,02 %	40,06 %	34,44 %	41 %