SMALL CAP ETTERSTAD AS

0660 OSLO

Finances

Share Ownership

Return on Equity

−186,34 %

Current Ratio

0,96

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 379 000	6 876 000	6 932 000	4 996 000
Net Income	−341 000	270 000	471 000	−286 000
Total Assets	1 129 000	1 461 000	1 027 000	556 000
Total Equity	183 000	610 000	337 000	−134 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 379 000	6 876 000	6 932 000	4 996 000
Expenditure	6 723 000	6 525 000	6 338 000	5 259 000
Operating Profit	−344 000	352 000	594 000	−286 000
Financial Income	0	0	0	0
Financial Costs	13 000	6 000	1 000	1 000
Financial Balance	−13 000	−6 000	−1 000	−1 000
Earnings Before Tax	−357 000	346 000	593 000	−286 000
Tax	−15 000	76 000	122 000	0
Net Income	−341 000	270 000	471 000	−286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	406 000	855 000	46 000	56 000
Total Current Assets	723 000	606 000	982 000	500 000
Total Assets	1 129 000	1 461 000	1 027 000	556 000
Total Retained Equity	153 000	580 000	307 000	−164 000
Total Equity	183 000	610 000	337 000	−134 000
Total Long-Term Debt	190 000	257 000	4 000	0
Total Current Debt	756 000	594 000	686 000	690 000
Total Equity and Debt	1 129 000	1 461 000	1 027 000	556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 374 000	6 873 000	6 932 000	5 013 000
Other Income	5 000	4 000	0	−16 000
Revenue	6 379 000	6 876 000	6 932 000	4 996 000
Cost of Goods Sold	4 514 000	5 055 000	5 245 000	4 124 000
Salary Costs	1 294 000	895 000	723 000	662 000
Depreciation	28 000	31 000	10 000	7 000
Impairment	0	0	0	0
Expenditure	6 723 000	6 525 000	6 338 000	5 259 000
Operating Profit	−344 000	352 000	594 000	−286 000
Financial Income	0	0	0	0
Financial Costs	13 000	6 000	1 000	1 000
Financial Balance	−13 000	−6 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−341 000	270 000	471 000	−286 000

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	370 000	398 000	10 000	20 000
Total Tangible Assets	370 000	398 000	10 000	20 000
Total Fiancial Fixed Assets	36 000	457 000	35 000	35 000
Total Fixed Assets	406 000	855 000	46 000	56 000
Stock	402 000	264 000	298 000	298 000
Total Investments	0	0	0	0
Cash, Bank	244 000	240 000	684 000	202 000
Total Current Assets	723 000	606 000	982 000	500 000
Total Assets	1 129 000	1 461 000	1 027 000	556 000
Total Equity	183 000	610 000	337 000	−134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	190 000	257 000	4 000	0
Creditors	526 000	264 000	283 000	259 000
Unpaid Taxes	78 000	124 000	105 000	86 000
Dividends	0	0	0	0
Other Current Debt	153 000	140 000	180 000	345 000
Total Current Debt	756 000	594 000	686 000	690 000
Total Equity and Debt	1 129 000	1 461 000	1 027 000	556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−186,34 %	44,26 %	139,76 %	213,43 %
Debt-to-Equity Ratio	1,04	0,42	0,01	−0
Operating Profit Margin	−5,39 %	5,12 %	8,57 %	−5,72 %
Current Ratio	0,96	1,02	1,43	0,72
Quick Ratio	2,04	1,84	2,53	1,28
Equity Ratio	0,16	0,42	0,33	−0,24
Gross Profit Margin	29,24 %	26,48 %	24,34 %	17,45 %