ETN HOLDING AS

7017 TRONDHEIM

Finances

Return on Equity

1 700 %

Current Ratio

6,18

Debt-to-Equity Ratio

−731

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	30 000
Net Income	−17 000	−20 000	−5 000	19 000
Total Assets	860 000	460 000	136 000	44 000
Total Equity	−1 000	16 000	36 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	30 000
Expenditure	17 000	20 000	6 000	7 000
Operating Profit	−17 000	−20 000	−6 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−17 000	−20 000	−6 000	23 000
Tax	0	0	−1 000	3 000
Net Income	−17 000	−20 000	−5 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	51 000	51 000	0
Total Current Assets	809 000	409 000	85 000	44 000
Total Assets	860 000	460 000	136 000	44 000
Total Retained Equity	−25 000	−8 000	11 000	17 000
Total Equity	−1 000	16 000	36 000	41 000
Total Long-Term Debt	731 000	433 000	100 000	0
Total Current Debt	131 000	11 000	0	3 000
Total Equity and Debt	860 000	460 000	136 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	30 000
Other Income	0	0	0	0
Revenue	0	0	0	30 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	20 000	6 000	7 000
Operating Profit	−17 000	−20 000	−6 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−17 000	−20 000	−5 000	19 000

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	51 000	51 000	51 000	0
Total Fixed Assets	51 000	51 000	51 000	0
Stock	723 000	380 000	79 000	0
Total Investments	0	0	0	0
Cash, Bank	86 000	28 000	5 000	44 000
Total Current Assets	809 000	409 000	85 000	44 000
Total Assets	860 000	460 000	136 000	44 000
Total Equity	−1 000	16 000	36 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	731 000	433 000	100 000	0
Creditors	40 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	91 000	11 000	0	0
Total Current Debt	131 000	11 000	0	3 000
Total Equity and Debt	860 000	460 000	136 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 700 %	−125 %	−13,89 %	46,34 %
Debt-to-Equity Ratio	−731	27,06	2,78	0
Operating Profit Margin	-	-	-	76,67 %
Current Ratio	6,18	37,18	-	14,67
Quick Ratio	−1,37	−1,11	−1,08	14,67
Equity Ratio	−0	0,03	0,26	0,93
Gross Profit Margin	-	-	-	100 %