E.T. SPRENGNINGSSERVICE AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

30,75 %

Current Ratio

1,79

Debt-to-Equity Ratio

2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 943 000	7 538 000	6 220 000	3 381 000
Net Income	274 000	541 000	213 000	91 000
Total Assets	3 927 000	4 371 000	3 998 000	2 390 000
Total Equity	891 000	817 000	476 000	463 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 943 000	7 538 000	6 220 000	3 381 000
Expenditure	6 480 000	6 694 000	5 836 000	3 181 000
Operating Profit	463 000	844 000	383 000	200 000
Financial Income	1 000	1 000	0	0
Financial Costs	126 000	138 000	111 000	83 000
Financial Balance	−125 000	−137 000	−111 000	−83 000
Earnings Before Tax	338 000	707 000	273 000	117 000
Tax	64 000	165 000	60 000	26 000
Net Income	274 000	541 000	213 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 783 000	2 553 000	2 963 000	1 761 000
Total Current Assets	2 145 000	1 818 000	1 035 000	628 000
Total Assets	3 927 000	4 371 000	3 998 000	2 390 000
Total Retained Equity	796 000	722 000	381 000	368 000
Total Equity	891 000	817 000	476 000	463 000
Total Long-Term Debt	1 839 000	2 255 000	2 611 000	1 380 000
Total Current Debt	1 198 000	1 300 000	911 000	547 000
Total Equity and Debt	3 927 000	4 371 000	3 998 000	2 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 126 000	7 538 000	6 220 000	3 381 000
Other Income	817 000	0	0	0
Revenue	6 943 000	7 538 000	6 220 000	3 381 000
Cost of Goods Sold	1 290 000	1 239 000	1 126 000	513 000
Salary Costs	2 292 000	2 235 000	2 070 000	1 039 000
Depreciation	567 000	924 000	688 000	498 000
Impairment	0	0	0	0
Expenditure	6 480 000	6 694 000	5 836 000	3 181 000
Operating Profit	463 000	844 000	383 000	200 000
Financial Income	1 000	1 000	0	0
Financial Costs	126 000	138 000	111 000	83 000
Financial Balance	−125 000	−137 000	−111 000	−83 000
Dividends	200 000	200 000	200 000	100 000
Net Income	274 000	541 000	213 000	91 000

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	1 783 000	2 553 000	2 963 000	1 761 000
Total Tangible Assets	1 783 000	2 553 000	2 963 000	1 761 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 783 000	2 553 000	2 963 000	1 761 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 158 000	674 000	364 000	195 000
Total Current Assets	2 145 000	1 818 000	1 035 000	628 000
Total Assets	3 927 000	4 371 000	3 998 000	2 390 000
Total Equity	891 000	817 000	476 000	463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 839 000	2 255 000	2 611 000	1 380 000
Creditors	385 000	414 000	184 000	260 000
Unpaid Taxes	480 000	311 000	160 000	68 000
Dividends	200 000	200 000	200 000	100 000
Other Current Debt	333 000	367 000	328 000	81 000
Total Current Debt	1 198 000	1 300 000	911 000	547 000
Total Equity and Debt	3 927 000	4 371 000	3 998 000	2 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,75 %	66,22 %	44,75 %	19,65 %
Debt-to-Equity Ratio	2,06	2,76	5,49	2,98
Operating Profit Margin	6,67 %	11,2 %	6,16 %	5,92 %
Current Ratio	1,79	1,4	1,14	1,15
Quick Ratio	1,79	1,4	1,14	1,15
Equity Ratio	0,23	0,19	0,12	0,19
Gross Profit Margin	81,42 %	83,56 %	81,9 %	84,83 %