ENERTEK INNOVA AS

4328 SANDNES

Finances

Share Ownership

Return on Equity

372,85 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 560 000	3 586 000	3 800 000	1 552 000
Net Income	1 950 000	1 304 000	504 000	161 000
Total Assets	3 770 000	2 065 000	1 250 000	714 000
Total Equity	523 000	173 000	70 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 560 000	3 586 000	3 800 000	1 552 000
Expenditure	3 061 000	1 916 000	3 153 000	1 345 000
Operating Profit	2 499 000	1 670 000	647 000	206 000
Financial Income	2 000	1 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	1 000	1 000	−1 000	0
Earnings Before Tax	2 500 000	1 671 000	646 000	206 000
Tax	550 000	368 000	142 000	45 000
Net Income	1 950 000	1 304 000	504 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 770 000	2 065 000	1 250 000	714 000
Total Assets	3 770 000	2 065 000	1 250 000	714 000
Total Retained Equity	478 000	128 000	25 000	161 000
Total Equity	523 000	173 000	70 000	206 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 247 000	1 892 000	1 180 000	508 000
Total Equity and Debt	3 770 000	2 065 000	1 250 000	714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 560 000	3 586 000	3 800 000	1 552 000
Other Income	0	0	0	0
Revenue	5 560 000	3 586 000	3 800 000	1 552 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 909 000	1 702 000	3 065 000	1 258 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 061 000	1 916 000	3 153 000	1 345 000
Operating Profit	2 499 000	1 670 000	647 000	206 000
Financial Income	2 000	1 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	1 000	1 000	−1 000	0
Dividends	1 600 000	1 200 000	640 000	0
Net Income	1 950 000	1 304 000	504 000	161 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 028 000	1 414 000	550 000	386 000
Total Current Assets	3 770 000	2 065 000	1 250 000	714 000
Total Assets	3 770 000	2 065 000	1 250 000	714 000
Total Equity	523 000	173 000	70 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	4 000	4 000	0
Unpaid Taxes	775 000	126 000	213 000	323 000
Dividends	1 600 000	1 200 000	640 000	0
Other Current Debt	321 000	194 000	341 000	140 000
Total Current Debt	3 247 000	1 892 000	1 180 000	508 000
Total Equity and Debt	3 770 000	2 065 000	1 250 000	714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	372,85 %	753,76 %	720 %	78,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,95 %	46,57 %	17,03 %	13,27 %
Current Ratio	1,16	1,09	1,06	1,41
Quick Ratio	1,16	1,09	1,06	1,41
Equity Ratio	0,14	0,08	0,06	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %