ETTERISOLERING AGDER AS

4706 VENNESLA

Finances

Share Ownership

Return on Equity

38,29 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 817 000	3 126 000	2 732 000	2 859 000
Net Income	386 000	228 000	70 000	59 000
Total Assets	2 031 000	1 245 000	1 375 000	879 000
Total Equity	1 008 000	922 000	695 000	625 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 817 000	3 126 000	2 732 000	2 859 000
Expenditure	4 322 000	2 852 000	2 622 000	2 784 000
Operating Profit	495 000	274 000	110 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	495 000	275 000	110 000	75 000
Tax	109 000	47 000	40 000	17 000
Net Income	386 000	228 000	70 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	233 000	314 000	279 000
Total Current Assets	1 742 000	1 011 000	1 060 000	600 000
Total Assets	2 031 000	1 245 000	1 375 000	879 000
Total Retained Equity	908 000	822 000	595 000	525 000
Total Equity	1 008 000	922 000	695 000	625 000
Total Long-Term Debt	33 000	21 000	20 000	17 000
Total Current Debt	990 000	301 000	659 000	238 000
Total Equity and Debt	2 031 000	1 245 000	1 375 000	879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 817 000	3 126 000	2 732 000	2 859 000
Other Income	0	0	0	0
Revenue	4 817 000	3 126 000	2 732 000	2 859 000
Cost of Goods Sold	2 411 000	1 390 000	1 140 000	1 295 000
Salary Costs	561 000	367 000	386 000	361 000
Depreciation	34 000	31 000	31 000	30 000
Impairment	0	0	0	0
Expenditure	4 322 000	2 852 000	2 622 000	2 784 000
Operating Profit	495 000	274 000	110 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	300 000	0	0	100 000
Net Income	386 000	228 000	70 000	59 000

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	192 000	223 000	254 000	279 000
Fixtures	46 000	0	0	0
Total Tangible Assets	239 000	223 000	254 000	279 000
Total Fiancial Fixed Assets	50 000	10 000	60 000	0
Total Fixed Assets	289 000	233 000	314 000	279 000
Stock	147 000	147 000	147 000	31 000
Total Investments	0	0	0	0
Cash, Bank	876 000	631 000	95 000	315 000
Total Current Assets	1 742 000	1 011 000	1 060 000	600 000
Total Assets	2 031 000	1 245 000	1 375 000	879 000
Total Equity	1 008 000	922 000	695 000	625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	21 000	20 000	17 000
Creditors	316 000	163 000	447 000	21 000
Unpaid Taxes	205 000	20 000	102 000	149 000
Dividends	300 000	0	0	100 000
Other Current Debt	72 000	56 000	74 000	55 000
Total Current Debt	990 000	301 000	659 000	238 000
Total Equity and Debt	2 031 000	1 245 000	1 375 000	879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,29 %	24,73 %	10,07 %	9,44 %
Debt-to-Equity Ratio	0,03	0,02	0,03	0,03
Operating Profit Margin	10,28 %	8,77 %	4,03 %	2,62 %
Current Ratio	1,76	3,36	1,61	2,52
Quick Ratio	2,07	6,56	2,07	2,9
Equity Ratio	0,5	0,74	0,51	0,71
Gross Profit Margin	49,95 %	55,53 %	58,27 %	54,7 %