ETR AS

6530 AVERØY

Finances

Return on Equity

13,4 %

Current Ratio

0,38

Debt-to-Equity Ratio

37,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	534 000	745 000	613 000	59 000
Net Income	13 000	36 000	5 000	−106 000
Total Assets	4 173 000	3 275 000	2 969 000	2 413 000
Total Equity	97 000	84 000	48 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	534 000	745 000	613 000	59 000
Expenditure	482 000	687 000	584 000	162 000
Operating Profit	52 000	58 000	28 000	−103 000
Financial Income	0	0	0	0
Financial Costs	35 000	12 000	21 000	33 000
Financial Balance	−35 000	−12 000	−21 000	−33 000
Earnings Before Tax	17 000	46 000	7 000	−136 000
Tax	4 000	10 000	2 000	−30 000
Net Income	13 000	36 000	5 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 003 000	2 682 000	2 568 000	2 341 000
Total Current Assets	170 000	593 000	402 000	72 000
Total Assets	4 173 000	3 275 000	2 969 000	2 413 000
Total Retained Equity	−38 000	−51 000	−87 000	−92 000
Total Equity	97 000	84 000	48 000	43 000
Total Long-Term Debt	3 623 000	2 705 000	2 705 000	2 238 000
Total Current Debt	452 000	486 000	216 000	133 000
Total Equity and Debt	4 173 000	3 275 000	2 969 000	2 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	516 000	745 000	613 000	59 000
Other Income	17 000	0	0	0
Revenue	534 000	745 000	613 000	59 000
Cost of Goods Sold	40 000	116 000	305 000	0
Salary Costs	292 000	278 000	141 000	0
Depreciation	46 000	49 000	52 000	75 000
Impairment	0	0	0	0
Expenditure	482 000	687 000	584 000	162 000
Operating Profit	52 000	58 000	28 000	−103 000
Financial Income	0	0	0	0
Financial Costs	35 000	12 000	21 000	33 000
Financial Balance	−35 000	−12 000	−21 000	−33 000
Dividends	0	0	0	0
Net Income	13 000	36 000	5 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	50 000	60 000	61 000
Real Eastate	71 000	50 000	0	0
Machinery and Plant Facilities	171 000	201 000	228 000	222 000
Fixtures	23 000	32 000	33 000	55 000
Total Tangible Assets	265 000	283 000	260 000	278 000
Total Fiancial Fixed Assets	3 692 000	2 350 000	2 247 000	2 002 000
Total Fixed Assets	4 003 000	2 682 000	2 568 000	2 341 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	143 000	129 000	0
Total Current Assets	170 000	593 000	402 000	72 000
Total Assets	4 173 000	3 275 000	2 969 000	2 413 000
Total Equity	97 000	84 000	48 000	43 000
Short-Term Group Debt	0	0	21 000	7 000
Total Long-Term Debt	3 623 000	2 705 000	2 705 000	2 238 000
Creditors	34 000	105 000	34 000	17 000
Unpaid Taxes	99 000	208 000	13 000	−57 000
Dividends	0	0	0	0
Other Current Debt	320 000	173 000	148 000	166 000
Total Current Debt	452 000	486 000	216 000	133 000
Total Equity and Debt	4 173 000	3 275 000	2 969 000	2 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,4 %	42,86 %	10,42 %	−246,51 %
Debt-to-Equity Ratio	37,35	32,2	56,35	52,05
Operating Profit Margin	9,74 %	7,79 %	4,57 %	−174,58 %
Current Ratio	0,38	1,22	1,86	0,54
Quick Ratio	0,38	1,22	1,86	0,54
Equity Ratio	0,02	0,03	0,02	0,02
Gross Profit Margin	92,51 %	84,43 %	50,24 %	100 %