ETNE RØRSERVICE AS

5590 ETNE

Finances

Return on Equity

−242,86 %

Current Ratio

0,93

Debt-to-Equity Ratio

−16,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 474 000	1 978 000	2 175 000	2 599 000
Net Income	17 000	−94 000	−61 000	152 000
Total Assets	559 000	444 000	594 000	609 000
Total Equity	−7 000	−24 000	70 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 474 000	1 978 000	2 175 000	2 599 000
Expenditure	2 442 000	2 090 000	2 248 000	2 400 000
Operating Profit	32 000	−112 000	−73 000	199 000
Financial Income	0	−3 000	−1 000	−1 000
Financial Costs	10 000	5 000	5 000	3 000
Financial Balance	−10 000	−8 000	−6 000	−4 000
Earnings Before Tax	22 000	−120 000	−79 000	195 000
Tax	5 000	−26 000	−17 000	43 000
Net Income	17 000	−94 000	−61 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	106 000	110 000	134 000
Total Current Assets	416 000	338 000	484 000	475 000
Total Assets	559 000	444 000	594 000	609 000
Total Retained Equity	−25 000	−42 000	52 000	265 000
Total Equity	−7 000	−24 000	70 000	283 000
Total Long-Term Debt	118 000	131 000	154 000	14 000
Total Current Debt	448 000	338 000	370 000	312 000
Total Equity and Debt	559 000	444 000	594 000	609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 474 000	1 978 000	2 175 000	2 484 000
Other Income	0	0	0	115 000
Revenue	2 474 000	1 978 000	2 175 000	2 599 000
Cost of Goods Sold	704 000	652 000	711 000	938 000
Salary Costs	1 237 000	925 000	906 000	1 007 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 442 000	2 090 000	2 248 000	2 400 000
Operating Profit	32 000	−112 000	−73 000	199 000
Financial Income	0	−3 000	−1 000	−1 000
Financial Costs	10 000	5 000	5 000	3 000
Financial Balance	−10 000	−8 000	−6 000	−4 000
Dividends	0	0	0	0
Net Income	17 000	−94 000	−61 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	16 000	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	131 000	90 000	110 000	134 000
Total Fixed Assets	143 000	106 000	110 000	134 000
Stock	68 000	77 000	77 000	75 000
Total Investments	0	0	0	0
Cash, Bank	70 000	38 000	45 000	49 000
Total Current Assets	416 000	338 000	484 000	475 000
Total Assets	559 000	444 000	594 000	609 000
Total Equity	−7 000	−24 000	70 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	131 000	154 000	14 000
Creditors	157 000	83 000	98 000	80 000
Unpaid Taxes	156 000	119 000	105 000	99 000
Dividends	0	0	0	0
Other Current Debt	136 000	136 000	89 000	112 000
Total Current Debt	448 000	338 000	370 000	312 000
Total Equity and Debt	559 000	444 000	594 000	609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−242,86 %	391,67 %	−87,14 %	53,71 %
Debt-to-Equity Ratio	−16,86	−5,46	2,2	0,05
Operating Profit Margin	1,29 %	−5,66 %	−3,36 %	7,66 %
Current Ratio	0,93	1	1,31	1,52
Quick Ratio	1,09	1,3	1,65	2
Equity Ratio	−0,01	−0,05	0,12	0,46
Gross Profit Margin	71,54 %	67,04 %	67,31 %	63,91 %