ETK SERVICE AS

5420 RUBBESTADNESET

Finances

Share Ownership

Return on Equity

30,82 %

Current Ratio

0,26

Debt-to-Equity Ratio

13,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	523 000	520 000	437 000	176 000
Net Income	49 000	−18 000	89 000	−11 000
Total Assets	2 897 000	2 906 000	723 000	64 000
Total Equity	159 000	110 000	128 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	523 000	520 000	437 000	176 000
Expenditure	342 000	442 000	290 000	187 000
Operating Profit	181 000	78 000	146 000	−11 000
Financial Income	0	0	0	0
Financial Costs	115 000	99 000	36 000	0
Financial Balance	−115 000	−99 000	−36 000	0
Earnings Before Tax	66 000	−21 000	111 000	−11 000
Tax	18 000	−3 000	22 000	0
Net Income	49 000	−18 000	89 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 738 000	2 805 000	1 653 000	0
Total Current Assets	159 000	101 000	−930 000	64 000
Total Assets	2 897 000	2 906 000	723 000	64 000
Total Retained Equity	109 000	60 000	78 000	−11 000
Total Equity	159 000	110 000	128 000	39 000
Total Long-Term Debt	2 136 000	2 264 000	297 000	0
Total Current Debt	602 000	532 000	298 000	24 000
Total Equity and Debt	2 897 000	2 906 000	723 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	311 000	392 000	402 000	176 000
Other Income	213 000	128 000	35 000	0
Revenue	523 000	520 000	437 000	176 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	48 000	0	69 000	109 000
Depreciation	67 000	123 000	58 000	0
Impairment	0	0	0	0
Expenditure	342 000	442 000	290 000	187 000
Operating Profit	181 000	78 000	146 000	−11 000
Financial Income	0	0	0	0
Financial Costs	115 000	99 000	36 000	0
Financial Balance	−115 000	−99 000	−36 000	0
Dividends	0	0	0	0
Net Income	49 000	−18 000	89 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 520 000	2 520 000	1 277 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	213 000	280 000	371 000	0
Total Tangible Assets	2 733 000	2 800 000	1 648 000	0
Total Fiancial Fixed Assets	5 000	5 000	5 000	0
Total Fixed Assets	2 738 000	2 805 000	1 653 000	0
Stock	0	0	0	0
Total Investments	6 000	0	0	0
Cash, Bank	117 000	44 000	−963 000	64 000
Total Current Assets	159 000	101 000	−930 000	64 000
Total Assets	2 897 000	2 906 000	723 000	64 000
Total Equity	159 000	110 000	128 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 136 000	2 264 000	297 000	0
Creditors	37 000	17 000	8 000	0
Unpaid Taxes	54 000	13 000	13 000	7 000
Dividends	0	0	0	0
Other Current Debt	493 000	496 000	255 000	17 000
Total Current Debt	602 000	532 000	298 000	24 000
Total Equity and Debt	2 897 000	2 906 000	723 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,82 %	−16,36 %	69,53 %	−28,21 %
Debt-to-Equity Ratio	13,43	20,58	2,32	0
Operating Profit Margin	34,61 %	15 %	33,41 %	−6,25 %
Current Ratio	0,26	0,19	−3,12	2,67
Quick Ratio	0,26	0,19	−3,12	2,67
Equity Ratio	0,05	0,04	0,18	0,61
Gross Profit Margin	100 %	99,62 %	100 %	100 %