ETNE ELEKTROSENTER AS

5590 ETNE

Finances

Return on Equity

8,54 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 545 000	26 284 000	25 742 000	20 504 000
Net Income	371 000	2 321 000	1 494 000	1 223 000
Total Assets	11 278 000	11 153 000	10 364 000	8 231 000
Total Equity	4 342 000	5 971 000	4 650 000	3 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 545 000	26 284 000	25 742 000	20 504 000
Expenditure	22 079 000	24 202 000	22 933 000	18 730 000
Operating Profit	466 000	2 082 000	2 810 000	1 774 000
Financial Income	17 000	729 000	7 000	48 000
Financial Costs	3 000	47 000	721 000	226 000
Financial Balance	14 000	682 000	−714 000	−178 000
Earnings Before Tax	480 000	2 763 000	2 096 000	1 596 000
Tax	109 000	443 000	602 000	373 000
Net Income	371 000	2 321 000	1 494 000	1 223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	404 000	388 000	356 000
Total Current Assets	10 999 000	10 749 000	9 976 000	7 875 000
Total Assets	11 278 000	11 153 000	10 364 000	8 231 000
Total Retained Equity	4 093 000	5 722 000	4 401 000	3 424 000
Total Equity	4 342 000	5 971 000	4 650 000	3 673 000
Total Long-Term Debt	0	1 770 000	2 672 000	2 597 000
Total Current Debt	6 936 000	3 412 000	3 041 000	1 960 000
Total Equity and Debt	11 278 000	11 153 000	10 364 000	8 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 747 000	26 284 000	25 742 000	20 504 000
Other Income	798 000	0	0	0
Revenue	22 545 000	26 284 000	25 742 000	20 504 000
Cost of Goods Sold	18 222 000	19 837 000	19 245 000	15 251 000
Salary Costs	2 835 000	2 879 000	2 310 000	2 271 000
Depreciation	16 000	67 000	99 000	94 000
Impairment	0	0	0	0
Expenditure	22 079 000	24 202 000	22 933 000	18 730 000
Operating Profit	466 000	2 082 000	2 810 000	1 774 000
Financial Income	17 000	729 000	7 000	48 000
Financial Costs	3 000	47 000	721 000	226 000
Financial Balance	14 000	682 000	−714 000	−178 000
Dividends	2 000 000	1 000 000	500 000	0
Net Income	371 000	2 321 000	1 494 000	1 223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	350 000	267 000	208 000
Real Eastate	22 000	30 000	37 000	0
Machinery and Plant Facilities	0	2 000	10 000	18 000
Fixtures	16 000	22 000	74 000	130 000
Total Tangible Assets	38 000	54 000	121 000	148 000
Total Fiancial Fixed Assets	0	1 000	1 000	1 000
Total Fixed Assets	278 000	404 000	388 000	356 000
Stock	4 050 000	4 174 000	3 326 000	3 529 000
Total Investments	4 230 000	3 034 000	1 319 000	1 488 000
Cash, Bank	1 310 000	995 000	1 213 000	152 000
Total Current Assets	10 999 000	10 749 000	9 976 000	7 875 000
Total Assets	11 278 000	11 153 000	10 364 000	8 231 000
Total Equity	4 342 000	5 971 000	4 650 000	3 673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 770 000	2 672 000	2 597 000
Creditors	1 449 000	901 000	774 000	393 000
Unpaid Taxes	396 000	244 000	487 000	374 000
Dividends	2 000 000	1 000 000	500 000	0
Other Current Debt	3 091 000	742 000	625 000	747 000
Total Current Debt	6 936 000	3 412 000	3 041 000	1 960 000
Total Equity and Debt	11 278 000	11 153 000	10 364 000	8 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,54 %	38,87 %	32,13 %	33,3 %
Debt-to-Equity Ratio	0	0,3	0,57	0,71
Operating Profit Margin	2,07 %	7,92 %	10,92 %	8,65 %
Current Ratio	1,59	3,15	3,28	4,02
Quick Ratio	3,81	−14,11	−35	−5,02
Equity Ratio	0,38	0,54	0,45	0,45
Gross Profit Margin	19,17 %	24,53 %	25,24 %	25,62 %