EKTE ENTREPRENØR AS

9475 BORKENES

Finances

Share Ownership

Return on Equity

22,33 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 380 000	21 826 000	19 426 000	15 448 000
Net Income	2 834 000	3 363 000	2 821 000	262 000
Total Assets	18 273 000	18 987 000	15 105 000	12 517 000
Total Equity	12 689 000	9 854 000	10 492 000	7 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 380 000	21 826 000	19 426 000	15 448 000
Expenditure	19 826 000	17 541 000	15 788 000	15 106 000
Operating Profit	3 553 000	4 286 000	3 638 000	342 000
Financial Income	95 000	39 000	18 000	15 000
Financial Costs	14 000	14 000	42 000	20 000
Financial Balance	81 000	25 000	−24 000	−5 000
Earnings Before Tax	3 635 000	4 311 000	3 614 000	336 000
Tax	800 000	948 000	793 000	74 000
Net Income	2 834 000	3 363 000	2 821 000	262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 065 000	1 710 000	1 997 000	1 689 000
Total Current Assets	16 208 000	17 277 000	13 108 000	10 829 000
Total Assets	18 273 000	18 987 000	15 105 000	12 517 000
Total Retained Equity	12 659 000	9 824 000	10 462 000	7 641 000
Total Equity	12 689 000	9 854 000	10 492 000	7 671 000
Total Long-Term Debt	3 000	0	408 000	0
Total Current Debt	5 582 000	9 132 000	4 205 000	4 846 000
Total Equity and Debt	18 273 000	18 987 000	15 105 000	12 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 362 000	21 816 000	18 900 000	15 447 000
Other Income	18 000	10 000	526 000	1 000
Revenue	23 380 000	21 826 000	19 426 000	15 448 000
Cost of Goods Sold	6 798 000	5 804 000	5 047 000	5 472 000
Salary Costs	8 418 000	7 346 000	6 739 000	6 151 000
Depreciation	455 000	400 000	380 000	337 000
Impairment	0	0	0	0
Expenditure	19 826 000	17 541 000	15 788 000	15 106 000
Operating Profit	3 553 000	4 286 000	3 638 000	342 000
Financial Income	95 000	39 000	18 000	15 000
Financial Costs	14 000	14 000	42 000	20 000
Financial Balance	81 000	25 000	−24 000	−5 000
Dividends	0	0	0	0
Net Income	2 834 000	3 363 000	2 821 000	262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	48 000	0	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	403 000	630 000	810 000	1 059 000
Fixtures	613 000	646 000	555 000	238 000
Total Tangible Assets	1 016 000	1 276 000	1 365 000	1 297 000
Total Fiancial Fixed Assets	1 049 000	385 000	632 000	380 000
Total Fixed Assets	2 065 000	1 710 000	1 997 000	1 689 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 130 000	9 060 000	7 884 000	5 333 000
Total Current Assets	16 208 000	17 277 000	13 108 000	10 829 000
Total Assets	18 273 000	18 987 000	15 105 000	12 517 000
Total Equity	12 689 000	9 854 000	10 492 000	7 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	408 000	0
Creditors	1 248 000	1 375 000	1 223 000	1 340 000
Unpaid Taxes	2 360 000	1 015 000	902 000	808 000
Dividends	0	0	0	0
Other Current Debt	1 224 000	1 337 000	1 707 000	2 585 000
Total Current Debt	5 582 000	9 132 000	4 205 000	4 846 000
Total Equity and Debt	18 273 000	18 987 000	15 105 000	12 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,33 %	34,13 %	26,89 %	3,42 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	15,2 %	19,64 %	18,73 %	2,21 %
Current Ratio	2,9	1,89	3,12	2,23
Quick Ratio	2,9	1,89	3,12	2,23
Equity Ratio	0,69	0,52	0,69	0,61
Gross Profit Margin	70,92 %	73,41 %	74,02 %	64,58 %