ETA INVEST AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

23,86 %

Current Ratio

4,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 199 000	4 470 000	3 655 000	3 874 000
Net Income	2 577 000	3 737 000	2 608 000	2 804 000
Total Assets	11 906 000	11 152 000	16 322 000	19 742 000
Total Equity	10 800 000	10 223 000	10 486 000	12 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 199 000	4 470 000	3 655 000	3 874 000
Expenditure	1 085 000	999 000	883 000	817 000
Operating Profit	4 114 000	3 470 000	2 771 000	3 056 000
Financial Income	0	1 034 000	462 000	532 000
Financial Costs	630 000	0	0	99 000
Financial Balance	−630 000	1 034 000	462 000	433 000
Earnings Before Tax	3 484 000	4 503 000	3 234 000	3 489 000
Tax	907 000	765 000	625 000	684 000
Net Income	2 577 000	3 737 000	2 608 000	2 804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 632 000	6 683 000	4 253 000	4 512 000
Total Current Assets	4 275 000	4 469 000	12 069 000	15 230 000
Total Assets	11 906 000	11 152 000	16 322 000	19 742 000
Total Retained Equity	10 644 000	10 067 000	10 330 000	12 721 000
Total Equity	10 800 000	10 223 000	10 486 000	12 877 000
Total Long-Term Debt	45 000	0	0	0
Total Current Debt	1 061 000	929 000	5 837 000	6 865 000
Total Equity and Debt	11 906 000	11 152 000	16 322 000	19 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 199 000	4 470 000	3 655 000	3 874 000
Other Income	0	0	0	0
Revenue	5 199 000	4 470 000	3 655 000	3 874 000
Cost of Goods Sold	54 000	0	0	−4 000
Salary Costs	523 000	522 000	424 000	461 000
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 085 000	999 000	883 000	817 000
Operating Profit	4 114 000	3 470 000	2 771 000	3 056 000
Financial Income	0	1 034 000	462 000	532 000
Financial Costs	630 000	0	0	99 000
Financial Balance	−630 000	1 034 000	462 000	433 000
Dividends	2 000 000	0	5 000 000	6 000 000
Net Income	2 577 000	3 737 000	2 608 000	2 804 000

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	1 105 000	0	0	0
Total Tangible Assets	1 105 000	0	0	0
Total Fiancial Fixed Assets	6 527 000	6 683 000	4 253 000	4 512 000
Total Fixed Assets	7 632 000	6 683 000	4 253 000	4 512 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 871 000	3 909 000	11 738 000	14 842 000
Total Current Assets	4 275 000	4 469 000	12 069 000	15 230 000
Total Assets	11 906 000	11 152 000	16 322 000	19 742 000
Total Equity	10 800 000	10 223 000	10 486 000	12 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	0	0	0
Creditors	1 000	3 000	2 000	1 000
Unpaid Taxes	56 000	51 000	45 000	45 000
Dividends	2 000 000	0	5 000 000	6 000 000
Other Current Debt	142 000	109 000	164 000	134 000
Total Current Debt	1 061 000	929 000	5 837 000	6 865 000
Total Equity and Debt	11 906 000	11 152 000	16 322 000	19 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,86 %	36,55 %	24,87 %	21,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,13 %	77,63 %	75,81 %	78,88 %
Current Ratio	4,03	4,81	2,07	2,22
Quick Ratio	4,03	4,81	2,07	2,22
Equity Ratio	0,91	0,92	0,64	0,65
Gross Profit Margin	98,96 %	100 %	100 %	100,1 %