ENTECH SOLUTIONS AS

5260 INDRE ARNA

Finances

Return on Equity

61,98 %

Current Ratio

2,75

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 246 000	7 567 000	3 346 000	4 202 000
Net Income	4 655 000	−370 000	−5 005 000	−204 000
Total Assets	13 944 000	7 539 000	6 594 000	11 970 000
Total Equity	7 511 000	2 856 000	3 226 000	8 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 246 000	7 567 000	3 346 000	4 202 000
Expenditure	14 168 000	10 190 000	8 792 000	4 370 000
Operating Profit	−4 922 000	−2 623 000	−5 446 000	−168 000
Financial Income	9 951 000	2 599 000	1 007 000	2 000
Financial Costs	373 000	346 000	566 000	38 000
Financial Balance	9 578 000	2 253 000	441 000	−36 000
Earnings Before Tax	4 655 000	−370 000	−5 005 000	−204 000
Tax	0	0	0	0
Net Income	4 655 000	−370 000	−5 005 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	462 000	539 000	172 000
Total Current Assets	13 577 000	7 077 000	6 055 000	11 798 000
Total Assets	13 944 000	7 539 000	6 594 000	11 970 000
Total Retained Equity	4 655 000	0	0	0
Total Equity	7 511 000	2 856 000	3 226 000	8 231 000
Total Long-Term Debt	1 500 000	0	2 500 000	2 500 000
Total Current Debt	4 933 000	4 684 000	868 000	1 239 000
Total Equity and Debt	13 944 000	7 539 000	6 594 000	11 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 246 000	7 567 000	3 346 000	4 202 000
Other Income	0	0	0	0
Revenue	9 246 000	7 567 000	3 346 000	4 202 000
Cost of Goods Sold	4 233 000	3 884 000	2 623 000	1 295 000
Salary Costs	4 327 000	3 686 000	3 617 000	1 038 000
Depreciation	119 000	106 000	86 000	0
Impairment	0	0	0	0
Expenditure	14 168 000	10 190 000	8 792 000	4 370 000
Operating Profit	−4 922 000	−2 623 000	−5 446 000	−168 000
Financial Income	9 951 000	2 599 000	1 007 000	2 000
Financial Costs	373 000	346 000	566 000	38 000
Financial Balance	9 578 000	2 253 000	441 000	−36 000
Dividends	0	0	0	0
Net Income	4 655 000	−370 000	−5 005 000	−204 000

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	108 000	204 000	258 000	0
Fixtures	79 000	85 000	109 000	0
Total Tangible Assets	187 000	290 000	367 000	0
Total Fiancial Fixed Assets	180 000	172 000	172 000	172 000
Total Fixed Assets	367 000	462 000	539 000	172 000
Stock	0	277 000	77 000	187 000
Total Investments	0	0	0	0
Cash, Bank	1 056 000	424 000	325 000	7 570 000
Total Current Assets	13 577 000	7 077 000	6 055 000	11 798 000
Total Assets	13 944 000	7 539 000	6 594 000	11 970 000
Total Equity	7 511 000	2 856 000	3 226 000	8 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	0	2 500 000	2 500 000
Creditors	650 000	1 201 000	271 000	407 000
Unpaid Taxes	295 000	330 000	152 000	722 000
Dividends	0	0	0	0
Other Current Debt	2 988 000	653 000	445 000	110 000
Total Current Debt	4 933 000	4 684 000	868 000	1 239 000
Total Equity and Debt	13 944 000	7 539 000	6 594 000	11 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,98 %	−12,96 %	−155,15 %	−2,48 %
Debt-to-Equity Ratio	0,2	0	0,77	0,3
Operating Profit Margin	−53,23 %	−34,66 %	−162,76 %	−4 %
Current Ratio	2,75	1,51	6,98	9,52
Quick Ratio	2,75	1,61	7,65	11,21
Equity Ratio	0,54	0,38	0,49	0,69
Gross Profit Margin	54,22 %	48,67 %	21,61 %	69,18 %